2-bed · 1,507 sqftZaafaran 3, The Old Town · 4th floor · completed 2006

402, Zaafaran 3

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 2.5M28 June 2016
Current rentAED 170K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Zaafaran 3

What is 402 worth today?

Last sold for AED 2,500,000 in 2016

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15 Aug 2026RentedNew contract
AED 170,000/yr12 months · AED 113 per sqft
18 Apr 2025RentedNew contract
AED 210,000/yr12 months · AED 139 per sqft
18 Apr 2025RentedNew contract
AED 210,000/yr12 months · AED 139 per sqft
26 Aug 2023RentedRenewal
AED 185,000/yr12 months · AED 123 per sqft
26 Jul 2022RentedNew contract
AED 185,000/yr13 months · AED 123 per sqft
28 Jun 2016SoldReady
AED 2,500,000AED 1,658 per sqft
5 Jun 2013RentedNew contract
AED 147,000/yr12 months · AED 98 per sqft
24 Feb 2011Sold by developerReady
AED 2,483,926AED 1,648 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
2-bed apartment
Size
1,507 sqft
Floor
4th of 6
Parking
B-2886
Developer
Emaar
Completed
2006
Service charge
AED 33,100 /yr
Last sold
AED 2.5M · June 2016
Building
Zaafaran 3

About 402, Zaafaran 3

402 is a two-bedroom apartment of 1,507 sqft on the 4th floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 28 June 2016 for AED 2,500,000, or AED 1,658 per sqft, 30% below the AED 2,367 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 August 2026, is AED 170,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 33,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, February 2011: AED 2,483,926 (AED 1,648 per sqft)Sold, June 2016: AED 2,500,000 (AED 1,658 per sqft)

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

Rents
Unit 402, 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 170,000New contract, June 2013: AED 147,000 a yearNew contract, July 2022: AED 185,000 a yearRenewal, August 2023: AED 185,000 a yearNew contract, April 2025: AED 210,000 a yearNew contract, April 2025: AED 210,000 a yearNew contract, August 2026: AED 170,000 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 402 sits

All 28 2-beds →

402 last sold in June 2016 at AED 1,658 per sqft, 30% below what two-beds in Zaafaran 3 were fetching at the time (AED 2,367). 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. 402's AED 170,000 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 4th floor

All 44 units in Zaafaran 3
Value
4012-bedAED 2.1M · Oct 2018
4032-bedAED 2.9M · Nov 2014
4041-bedAED 1.9M · Feb 2026
4051-bedAED 1.73M · Aug 2014
4062-bedAED 1.9M · Apr 2015
4072-bedAED 3.65M · Sep 2025

402, Zaafaran 3 in numbers

  • Sold twice: first on 24 February 2011 for AED 2,483,926, last on 28 June 2016 for AED 2,500,000 (AED 1,658 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 147,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 33,100 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 15 August 2026.

Questions about 402, Zaafaran 3

What did unit 402 last sell for?

AED 2,500,000 on 28 June 2016: AED 1,658 per sqft for 1,507 sqft. The unit has 2 registered sales; the first was AED 2,483,926 in February 2011.

What is the rent for unit 402?

AED 170,000 a year on the contract signed on 15 August 2026. The previous contract, from April 2025, was AED 210,000; the unit has been rented since June 2013.

How big is unit 402?

1,507 sqft (140.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 402 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 402, Zaafaran 3

Starts from the last sale price (AED 2.5M, 28 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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