1-bed · 757 sqftZaafaran 3, The Old Town · 4th floor · completed 2006

405, Zaafaran 3

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

Unit 405 · DLD and Ejari recordsUpdated 26 October 2025
Last soldAED 1.73M11 August 2014
Current rentAED 100K /yr26 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Zaafaran 3

What is 405 worth today?

Last sold for AED 1,725,000 in 2014

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26 Oct 2025RentedNew contract
AED 100,000/yr12 months · AED 133 per sqft
15 Apr 2023RentedNew contract
AED 93,000/yr12 months · AED 123 per sqft
29 Oct 2022RentedRenewal
AED 70,000/yr12 months · AED 93 per sqft
29 Oct 2021RentedNew contract
AED 67,000/yr12 months · AED 89 per sqft
28 Oct 2018RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
26 Oct 2017RentedNew contract
AED 92,000/yr12 months · AED 122 per sqft
29 Sep 2016RentedNew contract
AED 95,000/yr12 months · AED 126 per sqft
19 Sep 2015RentedRenewal
AED 100,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 26 October 2025.

Key facts

Type
1-bed apartment
Size
757 sqft
Floor
4th of 6
Parking
B-2781
Developer
Emaar
Completed
2006
Service charge
AED 16,600 /yr
Last sold
AED 1.73M · August 2014
Building
Zaafaran 3

About 405, Zaafaran 3

405 is a one-bedroom apartment of 757 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 11 August 2014 for AED 1,725,000, or AED 2,278 per sqft, in line with the AED 2,246 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 26 October 2025, is AED 100,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 16,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Zaafaran 3
1M1.5M201020122014Typical sale price by year: 2010 AED 966,166; 2013 AED 1,400,000; 2014 AED 1,762,500Sold by developer, June 2010: AED 884,326 (AED 1,168 per sqft)Sold, August 2014: AED 1,725,000 (AED 2,278 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Zaafaran 3
75K100K125K2014201820222026Typical 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, September 2014: AED 100,000 a yearRenewal, September 2015: AED 100,000 a yearNew contract, September 2016: AED 95,000 a yearNew contract, October 2017: AED 92,000 a yearNew contract, October 2018: AED 85,000 a yearNew contract, October 2021: AED 67,000 a yearRenewal, October 2022: AED 70,000 a yearNew contract, April 2023: AED 93,000 a yearNew contract, October 2025: AED 100,000 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 405 sits

All 13 1-beds →

405 last sold in August 2014 at AED 2,278 per sqft, in line with what one-beds in Zaafaran 3 were fetching at the time (AED 2,246). 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. 405's AED 100,000 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 4th floor

All 44 units in Zaafaran 3
Value
4012-bedAED 2.1M · Oct 2018
4022-bedAED 2.5M · Jun 2016
4032-bedAED 2.9M · Nov 2014
4041-bedAED 1.9M · Feb 2026
4062-bedAED 1.9M · Apr 2015
4072-bedAED 3.65M · Sep 2025

405, Zaafaran 3 in numbers

  • Sold twice: first on 24 June 2010 for AED 884,326, last on 11 August 2014 for AED 1,725,000 (AED 2,278 per sqft).
  • Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 67,000 in 2021 and recovered to AED 100,000 by October 2025.
  • At AED 100,000 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 16,600 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 26 October 2025.

Questions about 405, Zaafaran 3

What did unit 405 last sell for?

AED 1,725,000 on 11 August 2014: AED 2,278 per sqft for 757 sqft. The unit has 2 registered sales; the first was AED 884,326 in June 2010.

What is the rent for unit 405?

AED 100,000 a year on the contract signed on 26 October 2025. The previous contract, from April 2023, was AED 93,000; the unit has been rented since September 2014.

How big is unit 405?

757 sqft (70.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 405 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 405, Zaafaran 3

Starts from the last sale price (AED 1.73M, 11 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

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