2-bed · 1,210 sqftZaafaran 3, The Old Town · 4th floor · completed 2006

403, Zaafaran 3

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 2.9M3 November 2014
Current rentAED 142K /yr22 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Zaafaran 3

What is 403 worth today?

Last sold for AED 2,900,000 in 2014

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22 May 2025RentedRenewal
AED 141,750/yr12 months · AED 118 per sqft
22 May 2025RentedRenewal
AED 141,750/yr12 months · AED 118 per sqft
22 May 2024RentedRenewal
AED 141,750/yr12 months · AED 118 per sqft
22 May 2023RentedRenewal
AED 135,000/yr12 months · AED 112 per sqft
22 May 2022RentedRenewal
AED 130,000/yr12 months · AED 108 per sqft
22 May 2021RentedRenewal
AED 121,000/yr12 months · AED 100 per sqft
22 May 2020RentedRenewal
AED 121,000/yr12 months · AED 100 per sqft
22 May 2019RentedRenewal
AED 133,500/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
4th of 6
Parking
B-2887
Developer
Emaar
Completed
2006
Service charge
AED 26,500 /yr
Last sold
AED 2.9M · November 2014
Building
Zaafaran 3

About 403, Zaafaran 3

403 is a two-bedroom apartment of 1,210 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 3 November 2014 for AED 2,900,000, or AED 2,396 per sqft, in line with the AED 2,396 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 22 May 2025, is AED 141,750 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 26,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 2010: AED 2,000,000 (AED 1,652 per sqft)Sold, February 2010: AED 1,508,356 (AED 1,246 per sqft)Sold, November 2014: AED 2,900,000 (AED 2,396 per sqft)

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

Rents
Unit 403, 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, March 2013: AED 120,000 a yearNew contract, March 2014: AED 132,000 a yearNew contract, January 2016: AED 165,000 a yearRenewal, January 2017: AED 153,000 a yearNew contract, May 2018: AED 135,000 a yearRenewal, May 2019: AED 133,500 a yearRenewal, May 2020: AED 121,000 a yearRenewal, May 2021: AED 121,000 a yearRenewal, May 2022: AED 130,000 a yearRenewal, May 2023: AED 135,000 a yearRenewal, May 2024: AED 141,750 a yearRenewal, May 2025: AED 141,750 a yearRenewal, May 2025: AED 141,750 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 403 sits

All 28 2-beds →

403 last sold in November 2014 at AED 2,396 per sqft, in line with what two-beds in Zaafaran 3 were fetching at the time (AED 2,396). 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. 403's AED 141,750 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
4022-bedAED 2.5M · Jun 2016
4041-bedAED 1.9M · Feb 2026
4051-bedAED 1.73M · Aug 2014
4062-bedAED 1.9M · Apr 2015
4072-bedAED 3.65M · Sep 2025

403, Zaafaran 3 in numbers

  • Sold 3 times: first on 28 February 2010 for AED 1,508,356, last on 3 November 2014 for AED 2,900,000 (AED 2,396 per sqft).
  • Rented since March 2013 on 13 Ejari contracts, from AED 120,000 to AED 141,750 a year.
  • At AED 141,750 a year the gross yield on the 2014 price is 4.9%, 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 22 May 2025.

Questions about 403, Zaafaran 3

What did unit 403 last sell for?

AED 2,900,000 on 3 November 2014: AED 2,396 per sqft for 1,210 sqft. The unit has 3 registered sales; the first was AED 1,508,356 in February 2010.

What is the rent for unit 403?

AED 141,750 a year on the contract renewed on 22 May 2025. The previous contract, from May 2025, was AED 141,750; the unit has been rented since March 2013.

How big is unit 403?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 403 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 403, Zaafaran 3

Starts from the last sale price (AED 2.9M, 3 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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