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Off-plan building · Emaar

Zaafaran 5, Downtown Dubai

Highlights

Zaafaran 5 at a glance

About Zaafaran 5

Zaafaran 5 is a mixed-use building in Downtown Dubai, Dubai, developed by Emaar. It holds about 46 units: 1-bedroom apartments, 2-bedroom apartments, commercial units. Depending on the unit, windows look out over Fountain and Burj Khalifa and Community.

Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 2,765 per sq ft.

Zaafaran 5 is one of 164 buildings in Downtown Dubai: 70 are complete and 17 are still being built.

In a nutshell

  • A mixed-use off-plan building
  • Located in Downtown Dubai, Dubai
  • Developed by Emaar
  • Unit types: 1 Bed, 2 Beds, Commercial
  • Sizes from 90 to 2,600 sq ft
  • Views: Fountain, Burj Khalifa, Community
  • Service charge from AED 20.97 per sq ft
  • Burj Khalifa/Dubai Mall metro station 1.4 km away
Status
Off-plan
Developer
Emaar
Location
Downtown Dubai, Dubai
Unit types
1 Bed, 2 Beds, Commercial
Prices from
AED 2.6M
Median price per sq ft
AED 2,765
Median gross yield
4.3%
Service charge
AED 20.97 per sq ft (2018)
Nearest metro
Burj Khalifa Road, 0.6 km

Building details

Inside Zaafaran 5

Properties in Zaafaran 5

1-bedroom apartments in Zaafaran 5

There are about 38 of these in Zaafaran 5, from 870 to 2,600 sq ft. None has sold recently enough to quote a price.

2-bedroom apartments in Zaafaran 5

There are about 4 of these in Zaafaran 5, from 1,450 to 1,770 sq ft. None has sold recently enough to quote a price.

Commercial units in Zaafaran 5

There are about 4 of these in Zaafaran 5, from 90 to 250 sq ft. None has sold recently enough to quote a price.

Unit types in Zaafaran 5 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed38870 sqft80.8 sqmt – 2,600 sqft241.5 sqmtNo recent salesAED 105K
2 Beds41,450 sqft134.7 sqmt – 1,770 sqft164.4 sqmtNo recent sales–
Commercial490 sqft8.4 sqmt – 250 sqft23.2 sqmtNo recent sales–

Recent transactions in Zaafaran 5

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,658 /sqftAED 28,610 /sqmt

    ReadyApartment
    978 sqft90.9 sqmt1 BedDeveloper24 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,775 /sqftAED 29,870 /sqmt

    ReadyApartment
    937 sqft87.1 sqmt1 BedDeveloper24 Aug 2009

  • Zaafaran 5

    Old Town

    AED 3.4M

    AED 2,354 /sqftAED 25,338 /sqmt

    ReadyApartment
    1,455 sqft135.2 sqmt2 BedsDeveloper13 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,793 /sqftAED 30,064 /sqmt

    ReadyApartment
    1,254 sqft116.5 sqmt1 BedDeveloper10 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,650 /sqftAED 28,524 /sqmt

    ReadyApartment
    1,635 sqft151.9 sqmt1 BedDeveloper10 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,772 /sqftAED 29,838 /sqmt

    ReadyApartment
    938 sqft87.1 sqmt1 BedDeveloper10 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,772 /sqftAED 29,838 /sqmt

    ReadyApartment
    938 sqft87.1 sqmt1 BedDeveloper10 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,653 /sqftAED 28,557 /sqmt

    ReadyApartment
    1,474 sqft136.9 sqmt1 BedDeveloper10 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,658 /sqftAED 28,610 /sqmt

    ReadyApartment
    978 sqft90.9 sqmt1 BedDeveloper9 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,689 /sqftAED 28,944 /sqmt

    ReadyApartment
    967 sqft89.8 sqmt1 BedDeveloper9 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,971 /sqftAED 31,980 /sqmt

    ReadyApartment
    875 sqft81.3 sqmt1 BedDeveloper9 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,642 /sqftAED 28,438 /sqmt

    ReadyApartment
    1,639 sqft152.3 sqmt1 BedDeveloper9 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,616 /sqftAED 28,158 /sqmt

    ReadyApartment
    1,596 sqft148.3 sqmt1 BedDeveloper9 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,760 /sqftAED 29,708 /sqmt

    ReadyApartment
    1,184 sqft110 sqmt1 BedDeveloper9 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,769 /sqftAED 29,805 /sqmt

    ReadyApartment
    939 sqft87.2 sqmt1 BedDeveloper9 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,775 /sqftAED 29,870 /sqmt

    ReadyApartment
    937 sqft87.1 sqmt1 BedDeveloper5 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,793 /sqftAED 30,064 /sqmt

    ReadyApartment
    1,092 sqft101.5 sqmt1 BedDeveloper5 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,772 /sqftAED 29,838 /sqmt

    ReadyApartment
    938 sqft87.1 sqmt1 BedDeveloper5 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,653 /sqftAED 28,557 /sqmt

    ReadyApartment
    980 sqft91 sqmt1 BedDeveloper2 Aug 2009

  • Zaafaran 5

    Old Town

    AED 2.6M

    AED 2,971 /sqftAED 31,980 /sqmt

    ReadyApartment
    875 sqft81.3 sqmt1 BedDeveloper2 Aug 2009

  • Zaafaran 5

    Old Town

    AED 106K/yr

    ApartmentNew contract
    937 sqft87.1 sqmt1 Bedto

  • Zaafaran 5

    Old Town

    AED 105K/yr

    ApartmentNew contract
    938 sqft87.1 sqmt1 Bedto

  • Zaafaran 5

    Old Town

    AED 120K/yr

    ApartmentNew contract
    1,092 sqft101.5 sqmt1 Bedto

  • Zaafaran 5

    Old Town

    AED 105K/yr

    ApartmentNew contract
    938 sqft87.1 sqmt1 Bedto

  • Zaafaran 5

    Old Town

    AED 105K/yr

    ApartmentNew contract
    938 sqft87.1 sqmt1 Bedto

Every sale in Zaafaran 5Every rent contract in Zaafaran 5

Service charges in Zaafaran 5

The 2018 service charge in Zaafaran 5 is AED 29.95 per sq ft for commercial units, AED 29.95 per sq ft for offices, AED 20.97 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Zaafaran 5
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 20.97870 sqft80.8 sqmt – 2,600 sqft241.5 sqmtAED 18,244 – AED 54,522
2 Beds Apartment (2018)AED 20.971,450 sqft134.7 sqmt – 1,770 sqft164.4 sqmtAED 30,407 – AED 37,117
Commercial (2018)AED 29.9590 sqft8.4 sqmt – 250 sqft23.2 sqmtAED 2,696 – AED 7,488
Offices (2018)AED 29.9590 sqft8.4 sqmt – 250 sqft23.2 sqmtAED 2,696 – AED 7,488

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Zaafaran 5

Transportation near Zaafaran 5

The nearest Dubai Metro station from Zaafaran 5 is Burj Khalifa/Dubai Mall (red line, 1.4 km, about 5 min drive), then Business Bay (red line, 1.7 km, about 5 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.6 km, about 7 min walk) and District 1 near High Speed Rail line (golden line, 1.6 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • Burj Khalifa RoadGolden line · 0.6 km · about 7 min walk
  • Burj Khalifa/Dubai MallRed line · 1.4 km · about 5 min drive
  • District 1 near High Speed Rail lineGolden line · 1.6 km · about 5 min drive
  • Business Bay InterchangeGolden line · 1.7 km · about 5 min drive
  • Business BayRed line · 1.7 km · about 5 min drive
  • Financial CentreRed line · 2.3 km · about 7 min drive

Shopping and groceries near Zaafaran 5

The closest is Spinneys / south bridge downtowne Dubai, 0.4 km from Zaafaran 5 (about 5 min walk).

  • Spinneys / south bridge downtowne DubaiSupermarket · 0.4 km · about 5 min walk
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 0.5 km · about 6 min walk
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 0.7 km · about 8 min walk
  • Dubai MallShopping Mall · 0.8 km · about 10 min walk
  • Choitram, The Executive TowersSupermarket · 1.1 km · about 13 min walk

Restaurants and hotels near Zaafaran 5

The closest is Al Manzil Hotel, 0 km from Zaafaran 5 (about 2 min walk).

  • Al Manzil HotelHotel · 0 km · about 2 min walk
  • Vida Hotels and ResortsHotel · 0.3 km · about 4 min walk
  • The Address HotelHotel · 0.5 km · about 6 min walk
  • Qamardeen HotelHotel · 0.5 km · about 6 min walk
  • Ramada Downtown Dubai Deluxe SuitesHotel · 0.8 km · about 10 min walk

Hospitals and clinics near Zaafaran 5

The closest is Al Amal Hospital, 2.4 km from Zaafaran 5 (about 7 min drive).

  • Al Amal HospitalHospital · 2.4 km · about 7 min drive
  • Medcare HospitalHospital · 3.6 km · about 9 min drive
  • Internationl Medical CenterHospital · 3.8 km · about 10 min drive
  • Emirates HospitalHospital · 4 km · about 10 min drive
  • Manchester ClinicHospital · 4.3 km · about 11 min drive

Parks and leisure near Zaafaran 5

The closest is Dubai Bowling Centre, 2.8 km from Zaafaran 5 (about 8 min drive).

  • Dubai Bowling CentreSports Academy · 2.8 km · about 8 min drive
  • Al Quoz Pond ParkPark · 3.1 km · about 8 min drive
  • Safa ParkPark · 3.2 km · about 8 min drive
  • Jumeirah Beach ParkPark · 4.3 km · about 11 min drive
  • Falcon Heritage and Sports CentreSports Academy · 4.5 km · about 11 min drive

Schools near Zaafaran 5

The nearest is Jebel Ali School (Br of Taaleem Management (L L C)), 2.1 km away. Ratings are the KHDA's latest inspection grades.

  • Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.1 km
  • Japanese SchoolJapanese · KHDA: Good · 2.3 km
  • JSS Private School L.L.CIndian · KHDA: Very good · 2.4 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 2.7 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2.7 km
  • Horizons English School L.L.CUK · KHDA: Outstanding · 2.7 km

Other buildings in Downtown Dubai

Downtown Dubai has 164 buildings. A few others to compare Zaafaran 5 with:

All 164 Downtown Dubai buildings →

Things to consider about Zaafaran 5

In its favour

  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 29.95 per sq ft are on the higher side for Dubai.
  • The nearest running metro station is 1.4 km away, so a car helps.
  • Still being built: the handover date can move, and the price is paid in stages before you get the keys.

Specialists

Brokers who know Zaafaran 5

These brokers handle sales and lettings in Zaafaran 5 and can tell you what is available now.

FAQs

Zaafaran 5: questions answered

Zaafaran 5 was developed by Emaar in Downtown Dubai.

Across its 20 most recent registered sales, Zaafaran 5 sold for a median of AED 2,765 per sq ft and AED 2.6M per unit.

Recent yearly contracts in Zaafaran 5 have a median rent of AED 105.0K.

The median gross yield on recently sold units in Zaafaran 5 is 4.3%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in Zaafaran 5 is AED 20.97 per sq ft a year, as registered with the Dubai Land Department.

Zaafaran 5 has 1 Bed (870 to 2,600 sq ft), 2 Beds (1,450 to 1,770 sq ft), Commercial (90 to 250 sq ft).

Burj Khalifa Road is about 0.6 km from Zaafaran 5.

The nearest schools include Jebel Ali School (Br of Taaleem Management (L L C)) (2.1 km), Japanese School (2.3 km), JSS Private School L.L.C (2.4 km).

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