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

306, Zaafaran 3

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.6M31 March 2021
Current rentAED 140K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Zaafaran 3

What is 306 worth today?

Last sold for AED 1,600,000 in 2021

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1 Jul 2026RentedNew contract
AED 140,000/yr12 months · AED 112 per sqft
1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 68 per sqft
31 Mar 2021SoldReady
AED 1,600,000AED 1,286 per sqft
1 Apr 2020RentedNew contract
AED 107,500/yr12 months · AED 86 per sqft
21 Nov 2019SoldReady
AED 1,400,000AED 1,125 per sqft
14 Aug 2018RentedRenewal
AED 125,000/yr12 months · AED 100 per sqft
14 Aug 2017RentedNew contract
AED 125,000/yr12 months · AED 100 per sqft
3 Jul 2015RentedNew contract
AED 150,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
3rd of 6
Parking
B-2843
Developer
Emaar
Completed
2006
Service charge
AED 27,300 /yr
Last sold
AED 1.6M · March 2021
Building
Zaafaran 3

About 306, Zaafaran 3

306 is a two-bedroom apartment of 1,244 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 March 2021 for AED 1,600,000, or AED 1,286 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 July 2026, is AED 140,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 27,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, June 2010: AED 1,850,000 (AED 1,487 per sqft)Sold, November 2019: AED 1,400,000 (AED 1,125 per sqft)Sold, March 2021: AED 1,600,000 (AED 1,286 per sqft)

306 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, 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, July 2013: AED 130,000 a yearNew contract, July 2015: AED 150,000 a yearNew contract, August 2017: AED 125,000 a yearRenewal, August 2018: AED 125,000 a yearNew contract, April 2020: AED 107,500 a yearNew contract, May 2021: AED 85,000 a yearNew contract, July 2026: AED 140,000 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 306 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. 306's AED 140,000 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 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
3041-bedAED 2.15M · Jun 2015
3051-bedAED 1.14M · Nov 2023
3072-bedAED 2.1M · Sep 2021

306, Zaafaran 3 in numbers

  • Sold 3 times: first on 20 June 2010 for AED 1,850,000, last on 31 March 2021 for AED 1,600,000 (AED 1,286 per sqft).
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 85,000 in 2021 and recovered to AED 140,000 by July 2026.
  • At AED 140,000 a year the gross yield on the 2021 price is 8.8%, 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 1 July 2026.

Questions about 306, Zaafaran 3

What did unit 306 last sell for?

AED 1,600,000 on 31 March 2021: AED 1,286 per sqft for 1,244 sqft. The unit has 3 registered sales; the first was AED 1,850,000 in June 2010.

What is the rent for unit 306?

AED 140,000 a year on the contract signed on 1 July 2026. The previous contract, from May 2021, was AED 85,000; the unit has been rented since July 2013.

How big is unit 306?

1,244 sqft (115.6 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.

What is unit 306 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 306, Zaafaran 3

Starts from the last sale price (AED 1.6M, 31 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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