2-bed · 1,210 sqftZaafaran 3, The Old Town · 1st floor · completed 2006

103, Zaafaran 3

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.56M8 May 2012
Current rentAED 165K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Zaafaran 3

What is 103 worth today?

Last sold for AED 1,560,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2026RentedNew contract
AED 165,000/yr12 months · AED 137 per sqft
16 Nov 2025RentedRenewal
AED 162,000/yr3 months · AED 134 per sqft
16 Nov 2024RentedNew contract
AED 160,000/yr12 months · AED 133 per sqft
17 Oct 2023RentedRenewal
AED 115,500/yr12 months · AED 96 per sqft
17 Oct 2022RentedRenewal
AED 110,000/yr12 months · AED 91 per sqft
17 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 83 per sqft
19 Sep 2020RentedRenewal
AED 100,000/yr13 months · AED 83 per sqft
19 Sep 2019RentedRenewal
AED 117,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
1st of 6
Parking
B-2765
Developer
Emaar
Completed
2006
Service charge
AED 26,500 /yr
Last sold
AED 1.56M · May 2012
Building
Zaafaran 3

About 103, Zaafaran 3

103 is a two-bedroom apartment of 1,210 sqft on the 1st floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 8 May 2012 for AED 1,560,000, or AED 1,289 per sqft, 17% below the AED 1,557 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 March 2026, is AED 165,000 a year: a gross yield of 10.6% on the 2012 price, before the service charge of about AED 26,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Zaafaran 3
2M3M2009201420192024Typical sale price by year: 2009 AED 2,248,212; 2010 AED 2,037,500; 2011 AED 2,483,926; 2012 AED 1,650,000; 2013 AED 1,471,156; 2014 AED 3,300,000; 2015 AED 2,000,000; 2016 AED 3,400,000; 2017 AED 2,462,500; 2019 AED 1,655,000; 2021 AED 1,850,000; 2023 AED 2,400,000; 2024 AED 2,700,000; 2025 AED 3,250,000; 2026 AED 3,500,000Sold by developer, June 2010: AED 1,452,556 (AED 1,200 per sqft)Sold, May 2012: AED 1,560,000 (AED 1,289 per sqft)

103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in Zaafaran 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 135,000; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 165,000; 2017 AED 149,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 126,000; 2023 AED 145,000; 2024 AED 170,000; 2025 AED 200,000; 2026 AED 170,000New contract, July 2013: AED 120,750 a yearNew contract, August 2015: AED 145,000 a yearNew contract, August 2017: AED 145,000 a yearRenewal, September 2018: AED 117,000 a yearRenewal, September 2019: AED 117,000 a yearRenewal, September 2020: AED 100,000 a yearNew contract, October 2021: AED 100,000 a yearRenewal, October 2022: AED 110,000 a yearRenewal, October 2023: AED 115,500 a yearNew contract, November 2024: AED 160,000 a yearRenewal, November 2025: AED 162,000 a yearNew contract, March 2026: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Zaafaran 3, and where 103 sits

All 28 2-beds →

103 last sold in May 2012 at AED 1,289 per sqft, 17% below what two-beds in Zaafaran 3 were fetching at the time (AED 1,557). Over the last 12 months two-beds sold for AED 2,580,888 to 3,600,000, around AED 2,388 per sqft, and rent for AED 140,000 to 345,000 a year. 103's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20263,600,000
9 Jul 20262,580,888
27 Feb 20263,500,000
27 Feb 20263,000,000
7 2-bed sales in the last 12 months

Zaafaran 3

Building

44 apartments, 1-bed to 3-bed over 6 floors in The Old Town, completed in 2006 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,355
Typical sale
AED 3.5M
Typical rent
AED 161K /yr
Typical yield
5.4%
Zaafaran 3, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 44 units in Zaafaran 3
Value
1012-bedAED 3.25M · Mar 2025
1022-bedAED 3.6M · Oct 2026
1041-bedAED 1.73M · Jun 2014
1051-bedAED 1.3M · Jan 2013
1062-bedAED 2.35M · Jan 2023
1072-bedAED 2.7M · May 2025

103, Zaafaran 3 in numbers

  • Sold twice: first on 24 June 2010 for AED 1,452,556, last on 8 May 2012 for AED 1,560,000 (AED 1,289 per sqft).
  • Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 120,750 to AED 100,000 in 2021 and recovered to AED 165,000 by March 2026.
  • At AED 165,000 a year the gross yield on the 2012 price is 10.6%, before a service charge of about AED 26,500 a year (AED 21.94 per sqft).
  • Two-beds in Zaafaran 3 sold for AED 2,580,888–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,355 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 103, Zaafaran 3

What did unit 103 last sell for?

AED 1,560,000 on 8 May 2012: AED 1,289 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 1,452,556 in June 2010.

What is the rent for unit 103?

AED 165,000 a year on the contract signed on 1 March 2026. The previous contract, from November 2025, was AED 162,000; the unit has been rented since July 2013.

How big is unit 103?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2006.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Zaafaran 3 sold for AED 2,580,888 to 3,600,000 in the last 12 months, around AED 2,388 per sqft.

Selling 103? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 103, Zaafaran 3

Starts from the last sale price (AED 1.56M, 8 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,560,000
Deposit, UAE resident (20%)
AED 312,000
Deposit, non-resident (40%)
AED 624,000
Monthly over 25 years at 3.7%
AED 6,382

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