402, Zaafaran 3
Sold prices and rental history: sold twice, last in June 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Zaafaran 3
What is 402 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,507 sqft
- Floor
- 4th of 6
- Parking
- B-2886
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 33,100 /yr
- Last sold
- AED 2.5M · June 2016
- Building
- Zaafaran 3
About 402, Zaafaran 3
402 is a two-bedroom apartment of 1,507 sqft on the 4th floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 28 June 2016 for AED 2,500,000, or AED 1,658 per sqft, 30% below the AED 2,367 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 18 April 2025, is AED 210,000 a year: a gross yield of 8.4% on the 2016 price, before the service charge of about AED 33,100 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the two-bed median of each year in the building.
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 402 sits
All 26 2-beds →402 last sold in June 2016 at AED 1,658 per sqft, 30% below what two-beds in Zaafaran 3 were fetching at the time (AED 2,367). 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. 402's AED 210,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20256 May 2025 | 1,344 sqft | 2,700,000 | 2,008 | ||
| 13 Mar 202513 March 2025 | 1,439 sqft | 3,250,000 | 2,258 | ||
| 13 Jan 202513 January 2025 | 1,344 sqft | 2,561,209 | 1,905 | ||
| 14 Mar 202414 March 2024 | 1,210 sqft | 2,700,000 | 2,231 |
Zaafaran 3
Building43 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%
Other units on the 4th floor
All 43 units in Zaafaran 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,348 sqft | AED 2.1MAED 2,100,000 · Oct 2018October 2018 | 140,000 /yr | |
| 403 | 2-bed | 1,210 sqft | AED 2.9MAED 2,900,000 · Nov 2014November 2014 | 141,750 /yr | |
| 404 | 1-bed | 819 sqft | AED 1.6MAED 1,600,000 · Jan 2016January 2016 | 115,000 /yr | |
| 405 | 1-bed | 757 sqft | AED 1.73MAED 1,725,000 · Aug 2014August 2014 | 100,000 /yr | |
| 406 | 2-bed | 1,244 sqft | AED 1.9MAED 1,900,000 · Apr 2015April 2015 | 160,000 /yr | |
| 407 | 2-bed | 1,344 sqft | AED 3.25MAED 3,250,000 · Apr 2016April 2016 | 185,000 /yr |
402, Zaafaran 3 in numbers
- Sold twice: first on 24 February 2011 for AED 2,483,926, last on 28 June 2016 for AED 2,500,000 (AED 1,658 per sqft).
- Rented since June 2013 on 3 Ejari contracts, from AED 147,000 to AED 210,000 a year.
- At AED 210,000 a year the gross yield on the 2016 price is 8.4%, before a service charge of about AED 33,100 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 18 April 2025.
Questions about 402, Zaafaran 3
What did unit 402 last sell for?
AED 2,500,000 on 28 June 2016: AED 1,658 per sqft for 1,507 sqft. The unit has 2 registered sales; the first was AED 2,483,926 in February 2011.
What is the rent for unit 402?
AED 210,000 a year on the contract signed on 18 April 2025. The previous contract, from August 2023, was AED 185,000; the unit has been rented since June 2013.
How big is unit 402?
1,507 sqft (140.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.
What is unit 402 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 402? 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.
Mortgage on 402, Zaafaran 3
Starts from the last sale price (AED 2.5M, 28 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →