2-bed · 1,344 sqftZaafaran 3, The Old Town · 5th floor · completed 2006

507, Zaafaran 3

Sold prices and rental history: sold 3 times, last in February 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 27 February 2026
Last soldAED 3.5M27 February 2026
Current rentAED 180K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Zaafaran 3

What is 507 worth today?

Last sold for AED 3,500,000 in 2026

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27 Feb 2026SoldReady
AED 3,500,000AED 2,604 per sqft
20 Jan 2026RentedRenewal
AED 180,000/yr12 months · AED 134 per sqft
20 Jan 2025RentedRenewal
AED 180,000/yr12 months · AED 134 per sqft
20 Jan 2025RentedRenewal
AED 180,000/yr12 months · AED 134 per sqft
20 Jan 2024RentedRenewal
AED 140,000/yr12 months · AED 104 per sqft
20 Jan 2023RentedNew contract
AED 140,000/yr12 months · AED 104 per sqft
20 Jan 2022RentedNew contract
AED 135,000/yr12 months · AED 100 per sqft
1 Jul 2021RentedRenewal
AED 125,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 27 February 2026.

Key facts

Type
2-bed apartment
Size
1,344 sqft
Floor
5th of 6
Parking
B-2777
Developer
Emaar
Completed
2006
Service charge
AED 29,500 /yr
Last sold
AED 3.5M · February 2026
Building
Zaafaran 3

About 507, Zaafaran 3

507 is a two-bedroom apartment of 1,344 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 2,604 per sqft, 10% above the AED 2,367 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 180,000 a year: a gross yield of 5.1% on the 2026 price, before the service charge of about AED 29,500 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Zaafaran 3
2M2009201420192024Typical 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 1,145,243 (AED 852 per sqft)Sold, January 2016: AED 3,500,000 (AED 2,604 per sqft)Sold, February 2026: AED 3,500,000 (AED 2,604 per sqft)

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

Rents
Unit 507, 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, July 2012: AED 135,000 a yearNew contract, July 2013: AED 135,000 a yearNew contract, May 2016: AED 185,000 a yearNew contract, June 2017: AED 170,000 a yearRenewal, June 2018: AED 150,000 a yearRenewal, July 2020: AED 125,000 a yearRenewal, July 2021: AED 125,000 a yearNew contract, January 2022: AED 135,000 a yearNew contract, January 2023: AED 140,000 a yearRenewal, January 2024: AED 140,000 a yearRenewal, January 2025: AED 180,000 a yearRenewal, January 2025: AED 180,000 a yearRenewal, January 2026: AED 180,000 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 507 sits

All 28 2-beds →

507 last sold in February 2026 at AED 2,604 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. 507's AED 180,000 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
5012-bedAED 3.5M · Feb 2026
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

507, Zaafaran 3 in numbers

  • Sold 3 times: first on 27 May 2013 for AED 1,145,243, last on 27 February 2026 for AED 3,500,000 (AED 2,604 per sqft).
  • Rented since July 2012 on 13 Ejari contracts, from AED 135,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2026 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 27 February 2026.

Questions about 507, Zaafaran 3

What did unit 507 last sell for?

AED 3,500,000 on 27 February 2026: AED 2,604 per sqft for 1,344 sqft. The unit has 3 registered sales; the first was AED 1,145,243 in May 2013.

What is the rent for unit 507?

AED 180,000 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 180,000; the unit has been rented since July 2012.

How big is unit 507?

1,344 sqft (124.9 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.

What is unit 507 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 507, 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 →