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

303, Zaafaran 3

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.65M31 May 2012
Current rentAED 215K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Zaafaran 3

What is 303 worth today?

Last sold for AED 1,650,000 in 2012

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1 Nov 2026RentedRenewal
AED 215,000/yr3 months · AED 178 per sqft
1 Nov 2025RentedRenewal
AED 155,000/yr12 months · AED 129 per sqft
1 Nov 2024RentedNew contract
AED 155,000/yr12 months · AED 129 per sqft
1 Aug 2022RentedRenewal
AED 100,000/yr12 months · AED 83 per sqft
1 Aug 2021RentedRenewal
AED 90,000/yr12 months · AED 75 per sqft
1 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 75 per sqft
1 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 83 per sqft
20 Nov 2018RentedRenewal
AED 140,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
3rd of 6
Parking
B-2599
Developer
Emaar
Completed
2006
Service charge
AED 26,500 /yr
Last sold
AED 1.65M · May 2012
Building
Zaafaran 3

About 303, Zaafaran 3

303 is a two-bedroom apartment of 1,210 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 31 May 2012 for AED 1,650,000, or AED 1,363 per sqft, in line with the AED 1,363 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 215,000 a year: a gross yield of 13.0% on the 2012 price, before the service charge of about AED 26,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, May 2012: AED 1,650,000 (AED 1,363 per sqft)Sold by developer, May 2012: AED 1,489,756 (AED 1,231 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Zaafaran 3
100K200K2012201620202024Typical 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, November 2014: AED 150,000 a yearRenewal, November 2015: AED 150,000 a yearRenewal, November 2016: AED 150,000 a yearRenewal, November 2017: AED 140,000 a yearRenewal, November 2018: AED 140,000 a yearNew contract, August 2019: AED 100,000 a yearRenewal, August 2020: AED 90,000 a yearRenewal, August 2021: AED 90,000 a yearRenewal, August 2022: AED 100,000 a yearNew contract, November 2024: AED 155,000 a yearRenewal, November 2025: AED 155,000 a yearRenewal, November 2026: AED 215,000 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 303 sits

All 28 2-beds →

303 last sold in May 2012 at AED 1,363 per sqft, in line with what two-beds in Zaafaran 3 were fetching at the time (AED 1,363). 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. 303's AED 215,000 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 3rd floor

All 44 units in Zaafaran 3
Value
3012-bedAED 3.25M · Mar 2024
3022-bedAED 2.8M · Aug 2022
3041-bedAED 2.15M · Jun 2015
3051-bedAED 1.14M · Nov 2023
3062-bedAED 1.6M · Mar 2021
3072-bedAED 2.1M · Sep 2021

303, Zaafaran 3 in numbers

  • Sold twice: first on 29 May 2012 for AED 1,489,756, last on 31 May 2012 for AED 1,650,000 (AED 1,363 per sqft).
  • Rented since November 2014 on 12 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2021 and recovered to AED 215,000 by November 2026.
  • At AED 215,000 a year the gross yield on the 2012 price is 13.0%, 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 November 2026.

Questions about 303, Zaafaran 3

What did unit 303 last sell for?

AED 1,650,000 on 31 May 2012: AED 1,363 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 1,489,756 in May 2012.

What is the rent for unit 303?

AED 215,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 155,000; the unit has been rented since November 2014.

How big is unit 303?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.

What is unit 303 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 303, Zaafaran 3

Starts from the last sale price (AED 1.65M, 31 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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