Zaafaran 3
One-beds to three-beds in The Old Town. 1 apartment sold in the last 12 months; every sale, rent and unit is below.
About Zaafaran 3
Zaafaran 3 is a low‑rise residential building within the Zaafaran cluster of Old Town, a pedestrian‑friendly enclave in Downtown Dubai known for its traditional Arabian architecture and landscaped courtyards. Developed by Emaar, the building sits a short distance from major attractions such as Burj Khalifa and The Dubai Mall, while retaining a quieter, community feel compared to the neighbouring high‑rises. Apartments in Zaafaran 3 range from one to three bedrooms, with layouts that typically include balconies or terraces overlooking inner courtyards, leafy lanes, or, in some cases, skyline landmarks. The building rises to around 10 storeys and reflects the sand‑toned, heritage‑inspired aesthetic that defines Old Town. Finishes and common areas are maintained to a modern standard, and the complex offers basement parking, generally with one allocated space per unit. Residents have access to on‑site lifestyle facilities including a gym and large swimming pool, complemented by a children’s play area and squash court within the wider complex. Security and maintenance are provided round the clock, and multiple high‑speed elevators serve the building. Daily needs are well covered, with supermarkets, cafés and casual dining options found throughout Old Town and along nearby boulevards. Connectivity is a key advantage. Sheikh Mohammed Bin Rashid Boulevard loops around the community, and Sheikh Zayed Road is reachable within minutes, linking to Business Bay and DIFC. Public transport options in Downtown Dubai are close by, facilitating access to the metro and bus network. The area’s car‑lite layout encourages walking to retail, dining, and leisure destinations, including Souk‑style retail, the Dubai Fountain promenade, and community lawns. Overall, Zaafaran 3 suits residents seeking a characterful, low‑rise setting in the heart of Downtown, with practical amenities and convenient access to the city’s main commercial and leisure hubs.
43 apartments over 6 floors: 13 one-beds of 757 to 1,109 sqft, 26 two-beds of 1,210 to 3,387 sqft and 3 three-beds of 1,812 to 3,098 sqft. The service charge is AED 21.94 per sqft a year.
1 apartment sold in the 12 months to March 2026, at a median of AED 2,322 per sqft. 8 rental contracts were registered over the same 12 months, at a typical AED 161,000 a year.
- Developer
- Emaar
- Completed
- 2006
- Floors
- 6
- Units
- 43
- Unit types
- 1-bed to 3-bed
Average prices in Zaafaran 3
- 2-bed3,500,000
In Zaafaran 3, typical sale prices over the last 12 months were around AED 3,500,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Zaafaran 3
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Zaafaran 3
- Completed1,506 sqft 17 Nov 2025AED 3,500,0002,323 /sqft
- Completed2-bed · 1,343 sqft 06 May 2025AED 2,700,0002,009 /sqft
- Completed2-bed · 1,439 sqft 13 Mar 2025AED 3,250,0002,258 /sqft
- Completed2-bed · 1,343 sqft 13 Jan 2025AED 2,561,2091,906 /sqft
- Completed2-bed · 1,209 sqft 14 Mar 2024AED 2,700,0002,231 /sqft
- Completed2-bed · 1,347 sqft 11 Mar 2024AED 3,250,0002,411 /sqft
- Completed2-bed · 1,244 sqft 21 Feb 2024AED 2,610,0002,098 /sqft
- Completed1-bed · 757 sqft 08 Nov 2023AED 1,430,0001,889 /sqft
- Completed1-bed · 757 sqft 01 Nov 2023AED 1,140,0001,506 /sqft
- Completed2-bed · 1,439 sqft 13 Jun 2023AED 2,400,0001,668 /sqft
Over the last 12 months, Zaafaran 3 has recorded 1 apartment sale. Typical homes sold for around AED 3.5M (about AED 2,322 per sqft) with a median size of 1,507 sqft; most were two-beds.
Units in Zaafaran 3
43 units- Unit 1012-bed · 1,439 sqftSold AED 3.25M, Mar 2025
- Unit 1032-bed · 1,210 sqftSold AED 1.56M, May 2012
- Unit 1041-bed · 819 sqftSold AED 1.73M, Jun 2014
- Unit 1051-bed · 757 sqftSold AED 1.3M, Jan 2013
- Unit 1062-bed · 1,244 sqftSold AED 2.35M, Jan 2023
- Unit 1072-bed · 1,344 sqftSold AED 2.7M, May 2025
- Unit 2012-bed · 1,348 sqftSold AED 2.7M, May 2019
- Unit 2021,507 sqftSold AED 3.5M, Nov 2025
- Unit 2032-bed · 1,210 sqftSold AED 2.68M, Jan 2017
- Unit 2041-bed · 819 sqftSold AED 948K, Jun 2010
Nearby buildings in The Old Town
All 35 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Zaafaran 4 | 2006 | AED 2,432 | AED 132 | 5.4% |
| Zaafaran 2 | 2006 | AED 2,178 | AED 128 | 5.9% |
| Zaafaran 5 | 2006 | Few sales | AED 117 | |
| Kamoon 4 | 2006 | Few sales | AED 119 | |
| Zaafaran 1 | 2006 | Few sales | AED 137 | |
| Reehan 4 | 2006 | Few sales | AED 152 | |
| Reehan 8 | 2006 | AED 2,193 | AED 137 | 6.2% |
| Kamoon 1 | 2006 | AED 2,471 | AED 131 | 5.3% |
| Reehan 7 | 2006 | AED 2,464 | AED 149 | 6.0% |
| Miska 1 | 2006 | AED 2,670 | AED 116 | 4.3% |
Zaafaran 3 in numbers
- Across 1 DLD sale in the 12 months to March 2026, the median price in Zaafaran 3 was AED 2,322 per sqft and the typical home sold for about AED 3.5M.
- Completed in 2006 by Emaar; 6 floors of one-beds to three-beds; service charge AED 21.94 per sqft a year.
- A two-bed of 1,210 to 3,387 sqft rents for AED 160,000 to 345,000 a year on the 5 contracts registered in the last 12 months.
- Gross rental yield 5.7%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 8 March 2026.
Questions about Zaafaran 3
How much does a two-bed in Zaafaran 3 cost?
1 two-bed sold in the 12 months to March 2026; the median was AED 3,500,000, or AED 2,322 per sqft.
How much is a two-bed for rent in Zaafaran 3?
About AED 165,000 a year: that is the median of the 5 contracts for two-beds registered with Ejari in the 12 months to March 2026, from AED 160,000 to 345,000.
What is the rental yield in Zaafaran 3?
About 5.7% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in Zaafaran 3?
AED 21.94 per sqft a year. For a typical 1,507 sqft home that is about AED 33,100 a year.
Who built Zaafaran 3 and when?
Emaar; completed in 2006; 6 floors; 43 apartments.
How many apartments are there in Zaafaran 3?
43, one-beds to three-beds. Each has its own page with its full sales and rental history.
For sale with OpenOffers in The Old Town
No The Old Town property is on the board today. Follow The Old Town to hear the day one is listed, or see what is for sale across Dubai with every offer public.