601, Zaafaran 3
Sold prices and rental history: sold twice, last in February 2012, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Zaafaran 3
What is 601 worth today?
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Source: Dubai Land Department. Updated 24 February 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 3,098 sqft
- Floor
- 6th of 6
- Parking
- B-2770-2828
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 68,000 /yr
- Last sold
- AED 4.9M · February 2012
- Building
- Zaafaran 3
About 601, Zaafaran 3
601 is a three-bedroom apartment of 3,098 sqft on the 6th floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 26 February 2012 for AED 4,900,000, or AED 1,581 per sqft.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 24 February 2019, is AED 340,000 a year: a gross yield of 6.9% on the 2012 price, before the service charge of about AED 68,000 a year.
3-beds in Zaafaran 3, and where 601 sits
All 3 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jun 201027 June 2010 | 3,043 sqft | 4,952,711 | 1,627 | ||
| 1 Apr 20101 April 2010 | 1,812 sqft | 3,079,572 | 1,699 | ||
| 1 Apr 20101 April 2010 | 1,812 sqft | 3,750,000 | 2,069 |
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 6th floor
All 44 units in Zaafaran 3601, Zaafaran 3 in numbers
- Sold twice: first on 24 July 2011 for AED 4,521,888, last on 26 February 2012 for AED 4,900,000 (AED 1,581 per sqft).
- Rented since February 2016 on 2 Ejari contracts, from AED 400,000 to AED 340,000 a year.
- At AED 340,000 a year the gross yield on the 2012 price is 6.9%, before a service charge of about AED 68,000 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 24 February 2019.
Questions about 601, Zaafaran 3
What did unit 601 last sell for?
AED 4,900,000 on 26 February 2012: AED 1,581 per sqft for 3,098 sqft. The unit has 2 registered sales; the first was AED 4,521,888 in July 2011.
What is the rent for unit 601?
AED 340,000 a year on the contract signed on 24 February 2019. The previous contract, from February 2016, was AED 400,000.
How big is unit 601?
3,098 sqft (287.8 sqm): a three-bedroom apartment on the 6th floor of a 6-storey tower completed in 2006.
What is unit 601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 601, Zaafaran 3
Starts from the last sale price (AED 4.9M, 26 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 4,900,000
- Deposit, UAE resident (20%)
- AED 980,000
- Deposit, non-resident (40%)
- AED 1,960,000
- Monthly over 25 years at 3.7%
- AED 20,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →