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2-bed · 1,507 sqftZaafaran 3, The Old Town · 3rd floor · completed 2006

302, Zaafaran 3

Sold prices and rental history: sold 5 times, last in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 3 August 2022
Last soldAED 2.8M3 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Zaafaran 3

What is 302 worth today?

Last sold for AED 2,800,000 in 2022

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3 Aug 2022SoldReady
AED 2,800,000AED 1,858 per sqft
27 Nov 2017SoldReady
AED 3,300,000AED 2,189 per sqft
19 Aug 2014SoldReady
AED 2,000,000AED 1,327 per sqft
17 Sep 2012SoldReady
AED 1,900,000AED 1,260 per sqft
29 Jul 2010Sold by developerReady
AED 2,456,026AED 1,629 per sqft

Source: Dubai Land Department. Updated 3 August 2022.

Key facts

Type
2-bed apartment
Size
1,507 sqft
Floor
3rd of 6
Parking
B-2894
Developer
Emaar
Completed
2006
Service charge
AED 33,100 /yr
Last sold
AED 2.8M · August 2022
Building
Zaafaran 3

About 302, Zaafaran 3

302 is a two-bedroom apartment of 1,507 sqft on the 3rd floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 3 August 2022 for AED 2,800,000, or AED 1,858 per sqft, 9% above the AED 1,710 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302 over time

Sales
Unit 302, 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 2010: AED 2,456,026 (AED 1,629 per sqft)Sold, September 2012: AED 1,900,000 (AED 1,260 per sqft)Sold, August 2014: AED 2,000,000 (AED 1,327 per sqft)Sold, November 2017: AED 3,300,000 (AED 2,189 per sqft)Sold, August 2022: AED 2,800,000 (AED 1,858 per sqft)

302 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 302, 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 170,000

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 302 sits

All 28 2-beds →

302 last sold in August 2022 at AED 1,858 per sqft, 9% above what two-beds in Zaafaran 3 were fetching at the time (AED 1,710). 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.

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 3rd floor

All 44 units in Zaafaran 3
Value
3012-bedAED 3.25M · Mar 2024
3032-bedAED 1.65M · May 2012
3041-bedAED 2.15M · Jun 2015
3051-bedAED 1.14M · Nov 2023
3062-bedAED 1.6M · Mar 2021
3072-bedAED 2.1M · Sep 2021

302, Zaafaran 3 in numbers

  • Sold 5 times: first on 29 July 2010 for AED 2,456,026, last on 3 August 2022 for AED 2,800,000 (AED 1,858 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 3 August 2022.

Questions about 302, Zaafaran 3

What did unit 302 last sell for?

AED 2,800,000 on 3 August 2022: AED 1,858 per sqft for 1,507 sqft. The unit has 5 registered sales; the first was AED 2,456,026 in July 2010.

How big is unit 302?

1,507 sqft (140.0 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.

What is unit 302 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 302, Zaafaran 3

Starts from the last sale price (AED 2.8M, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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