Zaafaran 3
One-beds to three-beds in The Old Town. 8 apartments sold in the last 12 months; every sale, rent and unit is below.
About Zaafaran 3
Zaafaran 3 is a low‑rise residential building within the Zaafaran cluster of Old Town, a pedestrian‑friendly enclave in Downtown Dubai known for its traditional Arabian architecture and landscaped courtyards. Developed by Emaar, the building sits a short distance from major attractions such as Burj Khalifa and The Dubai Mall, while retaining a quieter, community feel compared to the neighbouring high‑rises. Apartments in Zaafaran 3 range from one to three bedrooms, with layouts that typically include balconies or terraces overlooking inner courtyards, leafy lanes, or, in some cases, skyline landmarks. The building rises to around 10 storeys and reflects the sand‑toned, heritage‑inspired aesthetic that defines Old Town. Finishes and common areas are maintained to a modern standard, and the complex offers basement parking, generally with one allocated space per unit. Residents have access to on‑site lifestyle facilities including a gym and large swimming pool, complemented by a children’s play area and squash court within the wider complex. Security and maintenance are provided round the clock, and multiple high‑speed elevators serve the building. Daily needs are well covered, with supermarkets, cafés and casual dining options found throughout Old Town and along nearby boulevards. Connectivity is a key advantage. Sheikh Mohammed Bin Rashid Boulevard loops around the community, and Sheikh Zayed Road is reachable within minutes, linking to Business Bay and DIFC. Public transport options in Downtown Dubai are close by, facilitating access to the metro and bus network. The area’s car‑lite layout encourages walking to retail, dining, and leisure destinations, including Souk‑style retail, the Dubai Fountain promenade, and community lawns. Overall, Zaafaran 3 suits residents seeking a characterful, low‑rise setting in the heart of Downtown, with practical amenities and convenient access to the city’s main commercial and leisure hubs.
44 apartments over 6 floors: 13 one-beds of 757 to 1,109 sqft, 28 two-beds of 1,210 to 3,387 sqft and 3 three-beds of 1,812 to 3,098 sqft. The service charge is AED 21.94 per sqft a year.
8 apartments sold in the 12 months to November 2026, at a median of AED 2,355 per sqft. Most of the trading is in two-beds: 7 of the 8 sales, at AED 2,580,888 to 3,600,000. 22 rental contracts were registered over the same 12 months, at a typical AED 161,000 a year.
- Developer
- Emaar
- Completed
- 2006
- Floors
- 6
- Units
- 44
- Unit types
- 1-bed to 3-bed
Average prices in Zaafaran 3
In Zaafaran 3, typical sale prices over the last 12 months were around AED 1,900,000 for one-beds and AED 3,500,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Zaafaran 3
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in Zaafaran 3
- Completed2-bed · 1,506 sqft 05 Oct 2026AED 3,600,0002,389 /sqft
- Completed2-bed · 1,506 sqft 09 Jul 2026AED 2,580,8881,713 /sqft
- Completed2-bed · 1,347 sqft 27 Feb 2026AED 3,500,0002,597 /sqft
- Completed2-bed · 1,343 sqft 27 Feb 2026AED 3,500,0002,604 /sqft
- Completed2-bed · 1,243 sqft 27 Feb 2026AED 3,000,0002,412 /sqft
- Completed2-bed · 1,506 sqft 27 Feb 2026AED 3,500,0002,323 /sqft
- Completed1-bed · 819 sqft 27 Feb 2026AED 1,900,0002,320 /sqft
- Completed2-bed · 1,506 sqft 17 Nov 2025AED 3,500,0002,323 /sqft
- Completed2-bed · 1,343 sqft 30 Sep 2025AED 3,650,0002,716 /sqft
- Completed2-bed · 1,343 sqft 06 May 2025AED 2,700,0002,009 /sqft
Over the last 12 months, Zaafaran 3 has recorded 8 apartment sales. Typical homes sold for around AED 3.5M (about AED 2,355 per sqft) with a median size of 1,427 sqft; most were two-beds, from roughly AED 1.9M to AED 3.6M.
Units in Zaafaran 3
44 units- Unit 1012-bed · 1,439 sqftSold AED 3.25M, Mar 2025
- Unit 1022-bed · 1,507 sqftSold AED 3.6M, Oct 2026
- Unit 1032-bed · 1,210 sqftSold AED 1.56M, May 2012
- Unit 1041-bed · 819 sqftSold AED 1.73M, Jun 2014
- Unit 1051-bed · 757 sqftSold AED 1.3M, Jan 2013
- Unit 1062-bed · 1,244 sqftSold AED 2.35M, Jan 2023
- Unit 1072-bed · 1,344 sqftSold AED 2.7M, May 2025
- Unit 2012-bed · 1,348 sqftSold AED 2.7M, May 2019
- Unit 2022-bed · 1,507 sqftSold AED 3.5M, Nov 2025
- Unit 2032-bed · 1,210 sqftSold AED 2.68M, Jan 2017
Nearby buildings in The Old Town
All 35 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Zaafaran 4 | 2006 | AED 2,329 | AED 128 | 5.5% |
| Zaafaran 2 | 2006 | AED 2,124 | AED 126 | 5.9% |
| Zaafaran 5 | 2006 | Few sales | AED 117 | |
| Kamoon 4 | 2006 | AED 2,101 | AED 117 | 5.6% |
| Zaafaran 1 | 2006 | AED 2,366 | AED 137 | 5.8% |
| Reehan 4 | 2006 | AED 1,979 | AED 122 | 6.2% |
| Reehan 8 | 2006 | AED 2,193 | AED 133 | 6.1% |
| Kamoon 1 | 2006 | AED 2,296 | AED 121 | 5.3% |
| Reehan 7 | 2006 | AED 2,404 | AED 133 | 5.5% |
| Miska 1 | 2006 | AED 2,331 | AED 122 | 5.2% |
Zaafaran 3 in numbers
- Across 8 DLD sales in the 12 months to November 2026, the median price in Zaafaran 3 was AED 2,355 per sqft and the typical home sold for about AED 3.5M.
- Completed in 2006 by Emaar; 6 floors of one-beds to three-beds; service charge AED 21.94 per sqft a year.
- Two-beds of 1,210 to 3,387 sqft sold for AED 2,580,888 to 3,600,000 between November 2025 and October 2026, a median AED 2,388 per sqft.
- A two-bed of 1,210 to 3,387 sqft rents for AED 140,000 to 345,000 a year on the 14 contracts registered in the last 12 months.
- Gross rental yield 5.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 1 November 2026.
Questions about Zaafaran 3
How much does a two-bed in Zaafaran 3 cost?
7 two-beds sold in the 12 months to November 2026, for AED 2,580,888 to 3,600,000; the median was AED 3,500,000, or AED 2,388 per sqft.
How much is a two-bed for rent in Zaafaran 3?
About AED 170,000 a year: that is the median of the 14 contracts for two-beds registered with Ejari in the 12 months to November 2026, from AED 140,000 to 345,000.
What is the rental yield in Zaafaran 3?
About 5.4% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in Zaafaran 3?
AED 21.94 per sqft a year. For a typical 1,427 sqft home that is about AED 31,300 a year.
Who built Zaafaran 3 and when?
Emaar; completed in 2006; 6 floors; 44 apartments.
How many apartments are there in Zaafaran 3?
44, one-beds to three-beds. Each has its own page with its full sales and rental history.
For sale with OpenOffers in The Old Town
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