603, Zaafaran 3
Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Zaafaran 3
What is 603 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 3,043 sqft
- Floor
- 6th of 6
- Parking
- B-2768-2830
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 66,800 /yr
- Last sold
- AED 4.95M · June 2010
- Building
- Zaafaran 3
About 603, Zaafaran 3
603 is a three-bedroom apartment of 3,043 sqft on the 6th floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 27 June 2010 for AED 4,952,711, or AED 1,627 per sqft, 4% below the AED 1,699 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 150,000 a year: a gross yield of 3.0% on the 2010 price, before the service charge of about AED 66,800 a year.
3-beds in Zaafaran 3, and where 603 sits
All 3 3-beds →603 last sold in June 2010 at AED 1,627 per sqft, 4% below what three-beds in Zaafaran 3 were fetching at the time (AED 1,699).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 201226 February 2012 | 3,098 sqft | 4,900,000 | 1,581 | ||
| 24 Jul 201124 July 2011 | 3,098 sqft | 4,521,888 | 1,459 | ||
| 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 3603, Zaafaran 3 in numbers
- Sold once: by Emaar on 27 June 2010 for AED 4,952,711, or AED 1,627 per sqft.
- Rented since August 2019 on 8 Ejari contracts. The rent fell from AED 200,000 to AED 100,000 in 2021 and recovered to AED 150,000 by August 2024.
- At AED 150,000 a year the gross yield on the 2010 price is 3.0%, before a service charge of about AED 66,800 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 15 August 2024.
Questions about 603, Zaafaran 3
What did unit 603 last sell for?
AED 4,952,711 on 27 June 2010, sold by the developer: AED 1,627 per sqft for 3,043 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 150,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2024, was AED 150,000; the unit has been rented since August 2019.
How big is unit 603?
3,043 sqft (282.7 sqm): a three-bedroom apartment on the 6th floor of a 6-storey tower completed in 2006.
What is unit 603 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 603, Zaafaran 3
Starts from the last sale price (AED 4.95M, 27 June 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 4,952,711
- Deposit, UAE resident (20%)
- AED 990,542
- Deposit, non-resident (40%)
- AED 1,981,084
- Monthly over 25 years at 3.7%
- AED 20,263
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →