1,455 sqftZaafaran 5, The Old Town · 3rd floor · completed 2006

312, Zaafaran 5

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 3 May 2025
Last soldAED 3.43M30 July 2009
Current rentAED 170K /yr3 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Zaafaran 5

What is 312 worth today?

Last sold for AED 3,425,000 in 2009

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3 May 2025RentedNew contract
AED 170,000/yr12 months · AED 117 per sqft
9 Feb 2024RentedRenewal
AED 107,461/yr8 months · AED 74 per sqft
9 Feb 2022RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
9 Feb 2021RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
9 Feb 2020RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
22 Nov 2018RentedNew contract
AED 135,000/yr12 months · AED 93 per sqft
1 Nov 2013RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
30 Jul 2009Sold by developerReady
AED 3,425,000AED 2,354 per sqft

Source: Dubai Land Department. Updated 3 May 2025.

Key facts

Type
Apartment
Size
1,455 sqft
Floor
3rd of 3
Parking
B-2807
Developer
Emaar
Completed
2006
Service charge
AED 31,900 /yr
Last sold
AED 3.43M · July 2009
Building
Zaafaran 5

About 312, Zaafaran 5

312 is an apartment of 1,455 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 3,425,000, or AED 2,354 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 3 May 2025, is AED 170,000 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 31,900 a year.

Zaafaran 5

Building

42 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
Zaafaran 5, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 42 units in Zaafaran 5
Value
301AED 2.6M · Aug 2009
302AED 2.6M · Aug 2009
303AED 2.6M · Aug 2009
304AED 2.6M · Aug 2009
305No registered sale
306AED 2.6M · Aug 2009
307AED 2.6M · Aug 2009
1–7 of 11

312, Zaafaran 5 in numbers

  • Sold once: by Emaar on 30 July 2009 for AED 3,425,000, or AED 2,354 per sqft.
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 100,000 in 2022 and recovered to AED 170,000 by May 2025.
  • At AED 170,000 a year the gross yield on the 2009 price is 5.0%, before a service charge of about AED 31,900 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 3 May 2025.

Questions about 312, Zaafaran 5

What did unit 312 last sell for?

AED 3,425,000 on 30 July 2009, sold by the developer: AED 2,354 per sqft for 1,455 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 170,000 a year on the contract signed on 3 May 2025. The previous contract, from February 2024, was AED 107,461; the unit has been rented since November 2013.

How big is unit 312?

1,455 sqft (135.2 sqm): an apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 312 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 312, Zaafaran 5

Starts from the last sale price (AED 3.43M, 30 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,425,000
Deposit, UAE resident (20%)
AED 685,000
Deposit, non-resident (40%)
AED 1,370,000
Monthly over 25 years at 3.7%
AED 14,013

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →