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

203, Zaafaran 3

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 27 October 2025
Last soldAED 2.68M2 January 2017
Current rentAED 170K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Zaafaran 3

What is 203 worth today?

Last sold for AED 2,675,000 in 2017

Unlock today's estimate, updated daily, with

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

27 Oct 2025RentedNew contract
AED 170,000/yr12 months · AED 140 per sqft
20 Oct 2024RentedRenewal
AED 170,000/yr12 months · AED 141 per sqft
20 Oct 2023RentedNew contract
AED 170,000/yr12 months · AED 141 per sqft
27 Jan 2023RentedRenewal
AED 117,266/yr9 months · AED 97 per sqft
27 Jan 2022RentedNew contract
AED 118,000/yr12 months · AED 98 per sqft
11 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 83 per sqft
11 Jul 2019RentedNew contract
AED 105,000/yr12 months · AED 87 per sqft
9 Jun 2018RentedNew contract
AED 135,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
2nd of 6
Parking
B-2835
Developer
Emaar
Completed
2006
Service charge
AED 26,500 /yr
Last sold
AED 2.68M · January 2017
Building
Zaafaran 3

About 203, Zaafaran 3

203 is a two-bedroom apartment of 1,210 sqft on the 2nd floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 2 January 2017 for AED 2,675,000, or AED 2,210 per sqft, 7% below the AED 2,367 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 27 October 2025, is AED 170,000 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 26,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 2013: AED 1,471,156 (AED 1,215 per sqft)Sold, January 2017: AED 2,675,000 (AED 2,210 per sqft)

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

Rents
Unit 203, 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, May 2013: AED 125,003 a yearNew contract, June 2015: AED 150,000 a yearRenewal, June 2016: AED 149,584 a yearNew contract, August 2017: AED 130,000 a yearNew contract, June 2018: AED 135,000 a yearNew contract, July 2019: AED 105,000 a yearNew contract, July 2020: AED 100,000 a yearNew contract, January 2022: AED 118,000 a yearRenewal, January 2023: AED 117,266 a yearNew contract, October 2023: AED 170,000 a yearRenewal, October 2024: AED 170,000 a yearNew contract, October 2025: AED 170,000 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 203 sits

All 28 2-beds →

203 last sold in January 2017 at AED 2,210 per sqft, 7% below what two-beds in Zaafaran 3 were fetching at the time (AED 2,367). 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. 203's AED 170,000 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 2nd floor

All 44 units in Zaafaran 3
Value
2012-bedAED 2.7M · May 2019
2022-bedAED 3.5M · Nov 2025
2041-bedAED 948K · Jun 2010
2051-bedAED 1.43M · Nov 2023
2062-bedAED 2.61M · Feb 2024
2072-bedAED 2.56M · Jan 2025

203, Zaafaran 3 in numbers

  • Sold twice: first on 14 July 2013 for AED 1,471,156, last on 2 January 2017 for AED 2,675,000 (AED 2,210 per sqft).
  • Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 125,003 to AED 100,000 in 2020 and recovered to AED 170,000 by October 2025.
  • At AED 170,000 a year the gross yield on the 2017 price is 6.4%, 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 27 October 2025.

Questions about 203, Zaafaran 3

What did unit 203 last sell for?

AED 2,675,000 on 2 January 2017: AED 2,210 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 1,471,156 in July 2013.

What is the rent for unit 203?

AED 170,000 a year on the contract signed on 27 October 2025. The previous contract, from October 2024, was AED 170,000; the unit has been rented since May 2013.

How big is unit 203?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2006.

What is unit 203 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 203? 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 203, Zaafaran 3

Starts from the last sale price (AED 2.68M, 2 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,675,000
Deposit, UAE resident (20%)
AED 535,000
Deposit, non-resident (40%)
AED 1,070,000
Monthly over 25 years at 3.7%
AED 10,944

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