506, 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.
Property timeline for 506, Zaafaran 3
What is 506 worth today?
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Source: Dubai Land Department. Updated 16 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,244 sqft
- Floor
- 5th of 6
- Parking
- B-2778
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,300 /yr
- Last sold
- AED 3M · February 2026
- Building
- Zaafaran 3
About 506, Zaafaran 3
506 is a two-bedroom apartment of 1,244 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 3,000,000, or AED 2,411 per sqft, in line with the AED 2,367 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 16 October 2026, is AED 150,000 a year: a gross yield of 5.0% on the 2026 price, before the service charge of about AED 27,300 a year.
Sales and rents for 506 over time
506 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 506 sits
All 28 2-beds →506 last sold in February 2026 at AED 2,411 per sqft, in line with 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. 506's AED 150,000 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 | 1,344 sqft | 3,500,000 | 2,604 |
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 | |
| 504 | 1-bed | 819 sqft | AED 1.63MAED 1,625,000 · May 2015May 2015 | 90,000 /yr | |
| 505 | 1-bed | 757 sqft | AED 1.9MAED 1,900,000 · Aug 2014August 2014 | 95,000 /yr | |
| 507 | 2-bed | 1,344 sqft | AED 3.5MAED 3,500,000 · Feb 2026February 2026 | 180,000 /yr |
506, Zaafaran 3 in numbers
- Sold 3 times: first on 24 June 2010 for AED 1,468,366, last on 27 February 2026 for AED 3,000,000 (AED 2,411 per sqft).
- Rented since September 2013 on 12 Ejari contracts, from AED 135,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2026 price is 5.0%, 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 16 October 2026.
Questions about 506, Zaafaran 3
What did unit 506 last sell for?
AED 3,000,000 on 27 February 2026: AED 2,411 per sqft for 1,244 sqft. The unit has 3 registered sales; the first was AED 1,468,366 in June 2010.
What is the rent for unit 506?
AED 150,000 a year on the contract signed on 16 October 2026. The previous contract, from October 2025, was AED 175,000; the unit has been rented since September 2013.
How big is unit 506?
1,244 sqft (115.6 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.
What is unit 506 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 506, Zaafaran 3
Starts from the last sale price (AED 3M, 27 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →