Home
Dubai prices
About
Research
2-bed · 1,244 sqftZaafaran 3, The Old Town · 3rd floor · completed 2006

306, Zaafaran 3

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 May 2021
Last soldAED 1.6M31 March 2021
Current rentAED 85K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 306

Property timeline for 306, Zaafaran 3

What is 306 worth today?

Last sold for AED 1,600,000 in 2021

Unlock today's estimate, updated daily, with

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

1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 68 per sqft
31 Mar 2021SoldReady
AED 1,600,000AED 1,286 per sqft
1 Apr 2020RentedNew contract
AED 107,500/yr12 months · AED 86 per sqft
21 Nov 2019SoldReady
AED 1,400,000AED 1,125 per sqft
14 Aug 2018RentedRenewal
AED 125,000/yr12 months · AED 100 per sqft
14 Aug 2017RentedNew contract
AED 125,000/yr12 months · AED 100 per sqft
3 Jul 2015RentedNew contract
AED 150,000/yr12 months · AED 120 per sqft
9 Jul 2013RentedNew contract
AED 130,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 May 2021.

Key facts

Type
2-bed apartment
Size
1,244 sqft
Floor
3rd of 6
Parking
B-2843
Developer
Emaar
Completed
2006
Service charge
AED 27,300 /yr
Last sold
AED 1.6M · March 2021
Building
Zaafaran 3

About 306, Zaafaran 3

306 is a two-bedroom apartment of 1,244 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 March 2021 for AED 1,600,000, or AED 1,286 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 May 2021, is AED 85,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 27,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 by developer, June 2010: AED 1,850,000 (AED 1,487 per sqft)Sold, November 2019: AED 1,400,000 (AED 1,125 per sqft)Sold, March 2021: AED 1,600,000 (AED 1,286 per sqft)

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

Rents
Unit 306, 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, July 2013: AED 130,000 a yearNew contract, July 2015: AED 150,000 a yearNew contract, August 2017: AED 125,000 a yearRenewal, August 2018: AED 125,000 a yearNew contract, April 2020: AED 107,500 a yearNew contract, May 2021: AED 85,000 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 306 sits

All 26 2-beds →

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. 306's AED 85,000 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
3032-bedAED 1.65M · May 2012
3041-bedAED 2.15M · Jun 2015
3051-bedAED 1.14M · Nov 2023
3072-bedAED 2.1M · Sep 2021

306, Zaafaran 3 in numbers

  • Sold 3 times: first on 20 June 2010 for AED 1,850,000, last on 31 March 2021 for AED 1,600,000 (AED 1,286 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 130,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 27,300 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 May 2021.

Questions about 306, Zaafaran 3

What did unit 306 last sell for?

AED 1,600,000 on 31 March 2021: AED 1,286 per sqft for 1,244 sqft. The unit has 3 registered sales; the first was AED 1,850,000 in June 2010.

What is the rent for unit 306?

AED 85,000 a year on the contract signed on 1 May 2021. The previous contract, from April 2020, was AED 107,500; the unit has been rented since July 2013.

How big is unit 306?

1,244 sqft (115.6 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.

What is unit 306 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 306? 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 306, Zaafaran 3

Starts from the last sale price (AED 1.6M, 31 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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