2-bed · 1,244 sqftZaafaran 3, The Old Town · 1st floor · completed 2006

106, Zaafaran 3

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 17 January 2023
Last soldAED 2.35M17 January 2023
Current rentAED 116K /yr18 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Zaafaran 3

What is 106 worth today?

Last sold for AED 2,350,000 in 2023

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17 Jan 2023SoldReady
AED 2,350,000AED 1,889 per sqft
18 Jan 2022RentedRenewal
AED 115,500/yr12 months · AED 93 per sqft
18 Jan 2021RentedRenewal
AED 110,000/yr12 months · AED 88 per sqft
18 Jan 2020RentedRenewal
AED 120,000/yr12 months · AED 96 per sqft
18 Jan 2019RentedRenewal
AED 137,000/yr12 months · AED 110 per sqft
18 Jan 2018RentedRenewal
AED 155,000/yr12 months · AED 124 per sqft
18 Jan 2017RentedRenewal
AED 155,000/yr12 months · AED 124 per sqft
18 Jan 2016RentedNew contract
AED 150,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 17 January 2023.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
1st of 6
Parking
B-2764
Developer
Emaar
Completed
2006
Service charge
AED 27,300 /yr
Last sold
AED 2.35M · January 2023
Building
Zaafaran 3

About 106, Zaafaran 3

106 is a two-bedroom apartment of 1,244 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 17 January 2023 for AED 2,350,000, or AED 1,889 per sqft.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 18 January 2022, is AED 115,500 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 27,300 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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, July 2009: AED 1,453,921 (AED 1,168 per sqft)Sold, January 2023: AED 2,350,000 (AED 1,889 per sqft)

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

Rents
Unit 106, 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, January 2016: AED 150,000 a yearRenewal, January 2017: AED 155,000 a yearRenewal, January 2018: AED 155,000 a yearRenewal, January 2019: AED 137,000 a yearRenewal, January 2020: AED 120,000 a yearRenewal, January 2021: AED 110,000 a yearRenewal, January 2022: AED 115,500 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 106 sits

All 28 2-beds →

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. 106's AED 115,500 is at the bottom 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
1032-bedAED 1.56M · May 2012
1041-bedAED 1.73M · Jun 2014
1051-bedAED 1.3M · Jan 2013
1072-bedAED 2.7M · May 2025

106, Zaafaran 3 in numbers

  • Sold twice: first on 26 July 2009 for AED 1,453,921, last on 17 January 2023 for AED 2,350,000 (AED 1,889 per sqft).
  • Rented since January 2016 on 7 Ejari contracts, from AED 150,000 to AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 27,300 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 17 January 2023.

Questions about 106, Zaafaran 3

What did unit 106 last sell for?

AED 2,350,000 on 17 January 2023: AED 1,889 per sqft for 1,244 sqft. The unit has 2 registered sales; the first was AED 1,453,921 in July 2009.

What is the rent for unit 106?

AED 115,500 a year on the contract renewed on 18 January 2022. The previous contract, from January 2021, was AED 110,000; the unit has been rented since January 2016.

How big is unit 106?

1,244 sqft (115.6 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2006.

What is unit 106 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.

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Mortgage on 106, Zaafaran 3

Starts from the last sale price (AED 2.35M, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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