504, Zaafaran 3
Sold prices and rental history: sold twice, last in May 2015, and rented once, from July 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Zaafaran 3
What is 504 worth today?
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Source: Dubai Land Department. Updated 24 May 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 5th of 6
- Parking
- B-2780
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.63M · May 2015
- Building
- Zaafaran 3
About 504, Zaafaran 3
504 is a one-bedroom apartment of 819 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 24 May 2015 for AED 1,625,000, or AED 1,984 per sqft, 9% below the AED 2,192 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 July 2013. The current contract, signed on 1 July 2013, is AED 90,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 18,000 a year.
Sales and rents for 504 over time
504 has sold twice; the dashed line is the one-bed median of each year in the building.
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 504 sits
All 13 1-beds →504 last sold in May 2015 at AED 1,984 per sqft, 9% below what one-beds in Zaafaran 3 were fetching at the time (AED 2,192). 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. 504's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202627 February 2026 | 819 sqft | 1,900,000 | 2,319 | ||
| 8 Nov 20238 November 2023 | 757 sqft | 1,430,000 | 1,888 | ||
| 1 Nov 20231 November 2023 | 757 sqft | 1,140,000 | 1,505 | ||
| 22 Apr 202122 April 2021 | 813 sqft | 800,000 | 984 |
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 5th floor
All 44 units in Zaafaran 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,348 sqft | AED 3.5MAED 3,500,000 · Feb 2026February 2026 | 170,000 /yr | |
| 502 | 2-bed | 1,507 sqft | AED 3.5MAED 3,500,000 · Feb 2026February 2026 | 160,000 /yr | |
| 503 | 2-bed | 1,210 sqft | AED 2.7MAED 2,700,000 · Mar 2024March 2024 | 140,000 /yr | |
| 505 | 1-bed | 757 sqft | AED 1.9MAED 1,900,000 · Aug 2014August 2014 | 95,000 /yr | |
| 506 | 2-bed | 1,244 sqft | AED 3MAED 3,000,000 · Feb 2026February 2026 | 150,000 /yr | |
| 507 | 2-bed | 1,344 sqft | AED 3.5MAED 3,500,000 · Feb 2026February 2026 | 180,000 /yr |
504, Zaafaran 3 in numbers
- Sold twice: first on 5 August 2010 for AED 975,466, last on 24 May 2015 for AED 1,625,000 (AED 1,984 per sqft).
- Rented since July 2013 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 18,000 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 24 May 2015.
Questions about 504, Zaafaran 3
What did unit 504 last sell for?
AED 1,625,000 on 24 May 2015: AED 1,984 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 975,466 in August 2010.
What is the rent for unit 504?
AED 90,000 a year on the contract signed on 1 July 2013.
How big is unit 504?
819 sqft (76.1 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.
What is unit 504 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 504, Zaafaran 3
Starts from the last sale price (AED 1.63M, 24 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,625,000
- Deposit, UAE resident (20%)
- AED 325,000
- Deposit, non-resident (40%)
- AED 650,000
- Monthly over 25 years at 3.7%
- AED 6,648
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →