2-bed · 1,344 sqftZaafaran 3, The Old Town · 4th floor · completed 2006

407, Zaafaran 3

Sold prices and rental history: sold 5 times, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 3.65M30 September 2025
Current rentAED 185K /yr21 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Zaafaran 3

What is 407 worth today?

Last sold for AED 3,650,000 in 2025

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30 Sep 2025SoldReady
AED 3,650,000AED 2,715 per sqft
21 Jan 2024RentedNew contract
AED 185,000/yr12 months · AED 137 per sqft
1 Dec 2018RentedRenewal
AED 165,000/yr12 months · AED 123 per sqft
1 Dec 2017RentedNew contract
AED 165,000/yr12 months · AED 123 per sqft
16 Apr 2016SoldReady
AED 3,250,000AED 2,418 per sqft
29 Mar 2015SoldReady
AED 4,850,000AED 3,608 per sqft
10 Jul 2014SoldReady
AED 4,000,000AED 2,976 per sqft
27 May 2013Sold by developerReady
AED 1,131,293AED 841 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
2-bed apartment
Size
1,344 sqft
Floor
4th of 6
Parking
B-2841
Developer
Emaar
Completed
2006
Service charge
AED 29,500 /yr
Last sold
AED 3.65M · September 2025
Building
Zaafaran 3

About 407, Zaafaran 3

407 is a two-bedroom apartment of 1,344 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 30 September 2025 for AED 3,650,000, or AED 2,715 per sqft, 27% above the AED 2,133 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 21 January 2024, is AED 185,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 29,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Zaafaran 3
2M4M2009201420192024Typical 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, May 2013: AED 1,131,293 (AED 841 per sqft)Sold, July 2014: AED 4,000,000 (AED 2,976 per sqft)Sold, March 2015: AED 4,850,000 (AED 3,608 per sqft)Sold, April 2016: AED 3,250,000 (AED 2,418 per sqft)Sold, September 2025: AED 3,650,000 (AED 2,715 per sqft)

407 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, 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 135,000 a yearNew contract, December 2017: AED 165,000 a yearRenewal, December 2018: AED 165,000 a yearNew contract, January 2024: AED 185,000 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 407 sits

All 28 2-beds →

407 last sold in September 2025 at AED 2,715 per sqft, 27% above what two-beds in Zaafaran 3 were fetching at the time (AED 2,133). 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. 407's AED 185,000 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
4022-bedAED 2.5M · Jun 2016
4032-bedAED 2.9M · Nov 2014
4041-bedAED 1.9M · Feb 2026
4051-bedAED 1.73M · Aug 2014
4062-bedAED 1.9M · Apr 2015

407, Zaafaran 3 in numbers

  • Sold 5 times: first on 27 May 2013 for AED 1,131,293, last on 30 September 2025 for AED 3,650,000 (AED 2,715 per sqft).
  • Rented since March 2013 on 4 Ejari contracts, from AED 135,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2025 price is 5.1%, 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 30 September 2025.

Questions about 407, Zaafaran 3

What did unit 407 last sell for?

AED 3,650,000 on 30 September 2025: AED 2,715 per sqft for 1,344 sqft. The unit has 5 registered sales; the first was AED 1,131,293 in May 2013.

What is the rent for unit 407?

AED 185,000 a year on the contract signed on 21 January 2024. The previous contract, from December 2018, was AED 165,000; the unit has been rented since March 2013.

How big is unit 407?

1,344 sqft (124.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 407 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 407, Zaafaran 3

Starts from the last sale price (AED 3.65M, 30 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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