G03, Zaafaran 1
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G03, Zaafaran 1
What is G03 worth today?
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Source: Dubai Land Department. Updated 22 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,632 sqft
- Floor
- Ground of 4
- Parking
- B-2660
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 35,800 /yr
- Last sold
- AED 3.4M · July 2025
- Building
- Zaafaran 1
About G03, Zaafaran 1
G03 is a two-bedroom apartment of 1,632 sqft on the ground floor of Zaafaran 1, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 22 July 2025 for AED 3,400,000, or AED 2,083 per sqft.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 July 2024, is AED 143,073 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 35,800 a year.
Sales and rents for G03 over time
G03 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Zaafaran 1, and where G03 sits
All 18 2-beds →G03's AED 143,073 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Dec 20245 December 2024 | 1,335 sqft | 3,200,000 | 2,396 | ||
| 8 May 20248 May 2024 | 1,338 sqft | 2,550,000 | 1,905 | ||
| 22 Feb 202422 February 2024 | 2,394 sqft | 3,700,000 | 1,545 | ||
| 24 Nov 202324 November 2023 | 1,335 sqft | 2,625,000 | 1,966 |
Zaafaran 1
Building45 apartments, 1-bed to 3-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,366
- Typical sale
- AED 2.4M
- Typical rent
- AED 132K /yr
- Typical yield
- 5.8%
Other units on the ground floor
All 45 units in Zaafaran 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| G02 | 2-bed | 1,185 sqft | AED 2.75MAED 2,750,000 · Sep 2013September 2013 | ||
| G06 | 1-bed | 1,200 sqft | AED 1.58MAED 1,580,000 · Mar 2010March 2010 | ||
| G07 | 1-bed | 1,014 sqft | AED 1.33MAED 1,327,888 · Jul 2011July 2011 | 140,000 /yr | |
| G08 | 2-bed | 1,338 sqft | AED 3MAED 3,000,000 · Nov 2014November 2014 | ||
| G09 | 3-bed | 2,154 sqft | AED 2.96MAED 2,959,888 · Aug 2009August 2009 | ||
| G10 | 2-bed | 1,282 sqft | AED 2MAED 2,000,000 · Aug 2010August 2010 | 145,418 /yr | |
| G11 | 1-bed | 946 sqft | AED 1.85MAED 1,850,000 · Jan 2022January 2022 | 95,000 /yr |
G03, Zaafaran 1 in numbers
- Sold twice: first on 25 August 2010 for AED 1,646,888, last on 22 July 2025 for AED 3,400,000 (AED 2,083 per sqft).
- Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 130,000 in 2023 and recovered to AED 143,073 by July 2024.
- At AED 143,073 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 35,800 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 22 July 2025.
Questions about G03, Zaafaran 1
What did unit G03 last sell for?
AED 3,400,000 on 22 July 2025: AED 2,083 per sqft for 1,632 sqft. The unit has 2 registered sales; the first was AED 1,646,888 in August 2010.
What is the rent for unit G03?
AED 143,073 a year on the contract signed on 1 July 2024. The previous contract, from July 2023, was AED 130,000; the unit has been rented since March 2015.
How big is unit G03?
1,632 sqft (151.6 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.
What is unit G03 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 G03, Zaafaran 1
Starts from the last sale price (AED 3.4M, 22 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →