307, Zaafaran 3
Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Zaafaran 3
What is 307 worth today?
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Source: Dubai Land Department. Updated 5 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,344 sqft
- Floor
- 3rd of 6
- Parking
- B-2844
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 29,500 /yr
- Last sold
- AED 2.1M · September 2021
- Building
- Zaafaran 3
About 307, Zaafaran 3
307 is a two-bedroom apartment of 1,344 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 13 September 2021 for AED 2,100,000, or AED 1,562 per sqft, 10% above the AED 1,424 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 5 December 2021, is AED 112,541 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 29,500 a year.
Sales and rents for 307 over time
307 has sold twice; the dashed line is the two-bed median of each year in the building.
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 307 sits
All 28 2-beds →307 last sold in September 2021 at AED 1,562 per sqft, 10% above what two-beds in Zaafaran 3 were fetching at the time (AED 1,424). 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. 307's AED 112,541 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,507 sqft | 3,600,000 | 2,388 | ||
| 9 Jul 20269 July 2026 | 1,507 sqft | 2,580,888 | 1,712 | ||
| 27 Feb 202627 February 2026 | 1,507 sqft | 3,500,000 | 2,322 | ||
| 27 Feb 202627 February 2026 | 1,244 sqft | 3,000,000 | 2,411 |
Zaafaran 3
Building44 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%
Other units on the 3rd floor
All 44 units in Zaafaran 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,348 sqft | AED 3.25MAED 3,250,000 · Mar 2024March 2024 | 180,000 /yr | |
| 302 | 2-bed | 1,507 sqft | AED 2.8MAED 2,800,000 · Aug 2022August 2022 | ||
| 303 | 2-bed | 1,210 sqft | AED 1.65MAED 1,650,000 · May 2012May 2012 | 215,000 /yr | |
| 304 | 1-bed | 819 sqft | AED 2.15MAED 2,150,000 · Jun 2015June 2015 | 130,000 /yr | |
| 305 | 1-bed | 757 sqft | AED 1.14MAED 1,140,000 · Nov 2023November 2023 | 70,000 /yr | |
| 306 | 2-bed | 1,244 sqft | AED 1.6MAED 1,600,000 · Mar 2021March 2021 | 140,000 /yr |
307, Zaafaran 3 in numbers
- Sold twice: first on 16 June 2010 for AED 2,075,000, last on 13 September 2021 for AED 2,100,000 (AED 1,562 per sqft).
- Rented since September 2012 on 10 Ejari contracts, from AED 138,000 to AED 112,541 a year.
- At AED 112,541 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 29,500 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 5 December 2021.
Questions about 307, Zaafaran 3
What did unit 307 last sell for?
AED 2,100,000 on 13 September 2021: AED 1,562 per sqft for 1,344 sqft. The unit has 2 registered sales; the first was AED 2,075,000 in June 2010.
What is the rent for unit 307?
AED 112,541 a year on the contract signed on 5 December 2021. The previous contract, from December 2021, was AED 112,541; the unit has been rented since September 2012.
How big is unit 307?
1,344 sqft (124.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.
What is unit 307 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 307, Zaafaran 3
Starts from the last sale price (AED 2.1M, 13 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →