2-bed · 1,210 sqftZaafaran 3, The Old Town · 3rd floor · completed 2006

303, Zaafaran 3

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.65M31 May 2012
Current rentAED 155K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Zaafaran 3

What is 303 worth today?

Last sold for AED 1,650,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2025RentedRenewal
AED 155,000/yr12 months · AED 129 per sqft
1 Nov 2024RentedNew contract
AED 155,000/yr12 months · AED 129 per sqft
1 Aug 2022RentedRenewal
AED 100,000/yr12 months · AED 83 per sqft
1 Aug 2021RentedRenewal
AED 90,000/yr12 months · AED 75 per sqft
1 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 75 per sqft
1 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 83 per sqft
20 Nov 2016RentedRenewal
AED 150,000/yr12 months · AED 124 per sqft
20 Nov 2015RentedRenewal
AED 150,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
3rd of 6
Parking
B-2599
Developer
Emaar
Completed
2006
Service charge
AED 26,500 /yr
Last sold
AED 1.65M · May 2012
Building
Zaafaran 3

About 303, Zaafaran 3

303 is a two-bedroom apartment of 1,210 sqft on the 3rd floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 31 May 2012 for AED 1,650,000, or AED 1,363 per sqft, in line with the AED 1,363 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 155,000 a year: a gross yield of 9.4% on the 2012 price, before the service charge of about AED 26,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Zaafaran 3
2M3M2009201420192024Typical 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 3,200,000; 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 2,700,000Sold, May 2012: AED 1,650,000 (AED 1,363 per sqft)Sold by developer, May 2012: AED 1,489,756 (AED 1,231 per sqft)

303 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 303, each contractTypical two-bed in Zaafaran 3
100K150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 135,000; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 164,779; 2017 AED 145,000; 2018 AED 137,500; 2019 AED 120,000; 2020 AED 115,000; 2021 AED 110,000; 2022 AED 119,000; 2023 AED 142,500; 2024 AED 170,000; 2025 AED 180,000New contract, November 2014: AED 150,000 a yearRenewal, November 2015: AED 150,000 a yearRenewal, November 2016: AED 150,000 a yearNew contract, August 2019: AED 100,000 a yearRenewal, August 2020: AED 90,000 a yearRenewal, August 2021: AED 90,000 a yearRenewal, August 2022: AED 100,000 a yearNew contract, November 2024: AED 155,000 a yearRenewal, November 2025: AED 155,000 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 303 sits

All 26 2-beds →

303 last sold in May 2012 at AED 1,363 per sqft, in line with what two-beds in Zaafaran 3 were fetching at the time (AED 1,363). Over the last 12 months two-beds sold for AED 3,500,000, around AED 2,322 per sqft, and rent for AED 160,000 to 345,000 a year. 303's AED 155,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 May 20252,700,000
13 Mar 20253,250,000
13 Jan 20252,561,209
14 Mar 20242,700,000
1 2-bed sale in the last 12 months

Zaafaran 3

Building

43 apartments, 1-bed to 3-bed over 6 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,322
Typical sale
AED 3.5M
Typical rent
AED 161K /yr
Typical yield
5.7%
Zaafaran 3, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 43 units in Zaafaran 3
Value
3012-bedAED 3.25M · Mar 2024
3022-bedAED 2.8M · Aug 2022
3041-bedAED 2.15M · Jun 2015
3051-bedAED 1.14M · Nov 2023
3062-bedAED 1.6M · Mar 2021
3072-bedAED 2.1M · Sep 2021

303, Zaafaran 3 in numbers

  • Sold twice: first on 29 May 2012 for AED 1,489,756, last on 31 May 2012 for AED 1,650,000 (AED 1,363 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2021 and recovered to AED 155,000 by November 2025.
  • At AED 155,000 a year the gross yield on the 2012 price is 9.4%, before a service charge of about AED 26,500 a year (AED 21.94 per sqft).
  • Two-beds in Zaafaran 3 sold for AED 3,500,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,322 per sqft.

Source: Dubai Land Department. Updated 1 November 2025.

Questions about 303, Zaafaran 3

What did unit 303 last sell for?

AED 1,650,000 on 31 May 2012: AED 1,363 per sqft for 1,210 sqft. The unit has 2 registered sales; the first was AED 1,489,756 in May 2012.

What is the rent for unit 303?

AED 155,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 155,000; the unit has been rented since November 2014.

How big is unit 303?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.

What is unit 303 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 3,500,000 to 3,500,000 in the last 12 months, around AED 2,322 per sqft.

Selling 303? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 303, Zaafaran 3

Starts from the last sale price (AED 1.65M, 31 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →