311, Zaafaran 5
Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Zaafaran 5
What is 311 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- Apartment
- Size
- 967 sqft
- Floor
- 3rd of 3
- Parking
- B-2853
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,200 /yr
- Last sold
- AED 2.6M · July 2009
- Building
- Zaafaran 5
About 311, Zaafaran 5
311 is an apartment of 967 sqft on the 3rd floor of Zaafaran 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 30 July 2009 for AED 2,600,000, or AED 2,688 per sqft.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 15 November 2024, is AED 110,000 a year: a gross yield of 4.2% on the 2009 price, before the service charge of about AED 21,200 a year.
Zaafaran 5
Building42 apartments over 3 floors in The Old Town, completed in 2006 by Emaar. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 110K /yr
- Typical yield
Other units on the 3rd floor
All 42 units in Zaafaran 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 875 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 74,750 /yr | ||
| 302 | 978 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 110,000 /yr | ||
| 303 | 938 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 84,890 /yr | ||
| 304 | 937 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 130,000 /yr | ||
| 305 | 981 sqft | No registered sale | 99,749 /yr | ||
| 306 | 980 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 92,610 /yr | ||
| 307 | 984 sqft | AED 2.6MAED 2,600,000 · Aug 2009August 2009 | 105,000 /yr | ||
| 308 | 994 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 90,000 /yr | ||
| 309 | 942 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 118,000 /yr | ||
| 310 | 939 sqft | AED 2.6MAED 2,600,000 · Jul 2009July 2009 | 110,000 /yr | ||
| 312 | 1,455 sqft | AED 3.43MAED 3,425,000 · Jul 2009July 2009 | 170,000 /yr |
311, Zaafaran 5 in numbers
- Sold once: by Emaar on 30 July 2009 for AED 2,600,000, or AED 2,688 per sqft.
- Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 110,000 by November 2024.
- At AED 110,000 a year the gross yield on the 2009 price is 4.2%, before a service charge of about AED 21,200 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 15 November 2024.
Questions about 311, Zaafaran 5
What did unit 311 last sell for?
AED 2,600,000 on 30 July 2009, sold by the developer: AED 2,688 per sqft for 967 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 110,000 a year on the contract signed on 15 November 2024. The previous contract, from August 2024, was AED 84,900; the unit has been rented since December 2017.
How big is unit 311?
967 sqft (89.8 sqm): an apartment on the 3rd floor of a 3-storey tower completed in 2006.
What is unit 311 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 311, Zaafaran 5
Starts from the last sale price (AED 2.6M, 30 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →