406, Zaafaran 3
Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Zaafaran 3
What is 406 worth today?
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Source: Dubai Land Department. Updated 5 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,244 sqft
- Floor
- 4th of 6
- Parking
- B-2888
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,300 /yr
- Last sold
- AED 1.9M · April 2015
- Building
- Zaafaran 3
About 406, Zaafaran 3
406 is a two-bedroom apartment of 1,244 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 14 April 2015 for AED 1,900,000, or AED 1,527 per sqft, 39% below the AED 2,500 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 December 2025, is AED 160,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 27,300 a year.
Sales and rents for 406 over time
406 has sold 3 times; 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 406 sits
All 28 2-beds →406 last sold in April 2015 at AED 1,527 per sqft, 39% below what two-beds in Zaafaran 3 were fetching at the time (AED 2,500). 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. 406's AED 160,000 is in the lower half 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 4th floor
All 44 units in Zaafaran 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,348 sqft | AED 2.1MAED 2,100,000 · Oct 2018October 2018 | 140,000 /yr | |
| 402 | 2-bed | 1,507 sqft | AED 2.5MAED 2,500,000 · Jun 2016June 2016 | 170,000 /yr | |
| 403 | 2-bed | 1,210 sqft | AED 2.9MAED 2,900,000 · Nov 2014November 2014 | 141,750 /yr | |
| 404 | 1-bed | 819 sqft | AED 1.9MAED 1,900,000 · Feb 2026February 2026 | 115,000 /yr | |
| 405 | 1-bed | 757 sqft | AED 1.73MAED 1,725,000 · Aug 2014August 2014 | 100,000 /yr | |
| 407 | 2-bed | 1,344 sqft | AED 3.65MAED 3,650,000 · Sep 2025September 2025 | 185,000 /yr |
406, Zaafaran 3 in numbers
- Sold 3 times: first on 24 June 2010 for AED 1,449,766, last on 14 April 2015 for AED 1,900,000 (AED 1,527 per sqft).
- Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2021 and recovered to AED 160,000 by December 2025.
- At AED 160,000 a year the gross yield on the 2015 price is 8.4%, 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 5 December 2025.
Questions about 406, Zaafaran 3
What did unit 406 last sell for?
AED 1,900,000 on 14 April 2015: AED 1,527 per sqft for 1,244 sqft. The unit has 3 registered sales; the first was AED 1,449,766 in June 2010.
What is the rent for unit 406?
AED 160,000 a year on the contract renewed on 5 December 2025. The previous contract, from December 2024, was AED 160,000; the unit has been rented since October 2013.
How big is unit 406?
1,244 sqft (115.6 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.
What is unit 406 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 406, Zaafaran 3
Starts from the last sale price (AED 1.9M, 14 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →