2-bed · 1,348 sqftZaafaran 3, The Old Town · 5th floor · completed 2006

501, Zaafaran 3

Sold prices and rental history: sold 3 times, last in February 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 3.5M27 February 2026
Current rentAED 170K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Zaafaran 3

What is 501 worth today?

Last sold for AED 3,500,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2026RentedNew contract
AED 170,000/yr12 months · AED 126 per sqft
27 Feb 2026SoldReady
AED 3,500,000AED 2,596 per sqft
25 May 2025RentedNew contract
AED 200,000/yr12 months · AED 149 per sqft
25 May 2025RentedNew contract
AED 200,000/yr12 months · AED 149 per sqft
5 Apr 2024RentedNew contract
AED 200,000/yr12 months · AED 149 per sqft
1 Aug 2023RentedRenewal
AED 145,000/yr6 months · AED 108 per sqft
1 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
16 May 2022RentedRenewal
AED 109,296/yr2 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
5th of 6
Parking
B-2840
Developer
Emaar
Completed
2006
Service charge
AED 29,600 /yr
Last sold
AED 3.5M · February 2026
Building
Zaafaran 3

About 501, Zaafaran 3

501 is a two-bedroom apartment of 1,348 sqft on the 5th floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 27 February 2026 for AED 3,500,000, or AED 2,596 per sqft, 10% above the AED 2,367 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 August 2026, is AED 170,000 a year: a gross yield of 4.9% on the 2026 price, before the service charge of about AED 29,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, June 2011: AED 2,289,556 (AED 1,698 per sqft)Sold, January 2016: AED 3,400,000 (AED 2,522 per sqft)Sold, February 2026: AED 3,500,000 (AED 2,596 per sqft)

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

Rents
Unit 501, 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, February 2013: AED 145,000 a yearNew contract, February 2014: AED 144,698 a yearNew contract, August 2018: AED 130,000 a yearNew contract, May 2021: AED 110,000 a yearRenewal, May 2022: AED 109,296 a yearNew contract, August 2022: AED 120,000 a yearRenewal, August 2023: AED 145,000 a yearNew contract, April 2024: AED 200,000 a yearNew contract, May 2025: AED 200,000 a yearNew contract, May 2025: AED 200,000 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 501 sits

All 28 2-beds →

501 last sold in February 2026 at AED 2,596 per sqft, 10% above 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. 501'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 5th floor

All 44 units in Zaafaran 3
Value
5022-bedAED 3.5M · Feb 2026
5032-bedAED 2.7M · Mar 2024
5041-bedAED 1.63M · May 2015
5051-bedAED 1.9M · Aug 2014
5062-bedAED 3M · Feb 2026
5072-bedAED 3.5M · Feb 2026

501, Zaafaran 3 in numbers

  • Sold 3 times: first on 12 June 2011 for AED 2,289,556, last on 27 February 2026 for AED 3,500,000 (AED 2,596 per sqft).
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 109,296 in 2022 and recovered to AED 170,000 by August 2026.
  • At AED 170,000 a year the gross yield on the 2026 price is 4.9%, before a service charge of about AED 29,600 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 1 August 2026.

Questions about 501, Zaafaran 3

What did unit 501 last sell for?

AED 3,500,000 on 27 February 2026: AED 2,596 per sqft for 1,348 sqft. The unit has 3 registered sales; the first was AED 2,289,556 in June 2011.

What is the rent for unit 501?

AED 170,000 a year on the contract signed on 1 August 2026. The previous contract, from May 2025, was AED 200,000; the unit has been rented since February 2013.

How big is unit 501?

1,348 sqft (125.2 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.

What is unit 501 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.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, Zaafaran 3

Starts from the last sale price (AED 3.5M, 27 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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