1-bed · 819 sqftZaafaran 3, The Old Town · 3rd floor · completed 2006

304, Zaafaran 3

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 2.15M1 June 2015
Current rentAED 130K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Zaafaran 3

What is 304 worth today?

Last sold for AED 2,150,000 in 2015

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1 Mar 2026RentedNew contract
AED 130,000/yr12 months · AED 159 per sqft
15 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 134 per sqft
15 Oct 2018RentedRenewal
AED 120,000/yr12 months · AED 147 per sqft
15 Oct 2017RentedRenewal
AED 120,000/yr12 months · AED 147 per sqft
15 Oct 2016RentedNew contract
AED 120,000/yr12 months · AED 147 per sqft
1 Jun 2015Sold by developerReady
AED 2,150,000AED 2,625 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
3rd of 6
Parking
B-2820
Developer
Emaar
Completed
2006
Service charge
AED 18,000 /yr
Last sold
AED 2.15M · June 2015
Building
Zaafaran 3

About 304, Zaafaran 3

304 is a one-bedroom apartment of 819 sqft on the 3rd floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 1 June 2015 for AED 2,150,000, or AED 2,625 per sqft, 15% above the AED 2,278 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 March 2026, is AED 130,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 18,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Zaafaran 3
1M2M201020122014Typical sale price by year: 2010 AED 966,166; 2013 AED 1,400,000; 2014 AED 1,762,500Sold by developer, June 2015: AED 2,150,000 (AED 2,625 per sqft)

304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Zaafaran 3
100K2014201820222026Typical rent by year: 2014 AED 105,000; 2015 AED 110,000; 2016 AED 118,814; 2017 AED 105,000; 2018 AED 92,500; 2019 AED 85,000; 2020 AED 80,000; 2021 AED 70,000; 2022 AED 85,000; 2023 AED 93,000; 2024 AED 92,500; 2025 AED 105,000; 2026 AED 100,000New contract, October 2016: AED 120,000 a yearRenewal, October 2017: AED 120,000 a yearRenewal, October 2018: AED 120,000 a yearRenewal, October 2019: AED 110,000 a yearNew contract, March 2026: AED 130,000 a year

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

1-beds in Zaafaran 3, and where 304 sits

All 13 1-beds →

304 last sold in June 2015 at AED 2,625 per sqft, 15% above what one-beds in Zaafaran 3 were fetching at the time (AED 2,278). Over the last 12 months one-beds sold for AED 1,900,000, around AED 2,319 per sqft, and rent for AED 70,000 to 205,000 a year. 304's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Feb 20261,900,000
8 Nov 20231,430,000
1 Nov 20231,140,000
22 Apr 2021800,000
1 1-bed sale 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
3032-bedAED 1.65M · May 2012
3051-bedAED 1.14M · Nov 2023
3062-bedAED 1.6M · Mar 2021
3072-bedAED 2.1M · Sep 2021

304, Zaafaran 3 in numbers

  • Sold once: by Emaar on 1 June 2015 for AED 2,150,000, or AED 2,625 per sqft.
  • Rented since October 2016 on 5 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2015 price is 6.0%, before a service charge of about AED 18,000 a year (AED 21.94 per sqft).
  • One-beds in Zaafaran 3 sold for AED 1,900,000–1,900,000 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 304, Zaafaran 3

What did unit 304 last sell for?

AED 2,150,000 on 1 June 2015, sold by the developer: AED 2,625 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 130,000 a year on the contract signed on 1 March 2026. The previous contract, from October 2019, was AED 110,000; the unit has been rented since October 2016.

How big is unit 304?

819 sqft (76.1 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Zaafaran 3 sold for AED 1,900,000 to 1,900,000 in the last 12 months, around AED 2,319 per sqft.

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Mortgage on 304, Zaafaran 3

Starts from the last sale price (AED 2.15M, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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