404, Zaafaran 3
Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Zaafaran 3
What is 404 worth today?
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Source: Dubai Land Department. Updated 8 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 4th of 6
- Parking
- B-2818
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.6M · January 2016
- Building
- Zaafaran 3
About 404, Zaafaran 3
404 is a one-bedroom apartment of 819 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 5 January 2016 for AED 1,600,000, or AED 1,953 per sqft, in line with the AED 1,984 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 8 March 2026, is AED 115,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 18,000 a year.
Sales and rents for 404 over time
404 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Zaafaran 3, and where 404 sits
All 13 1-beds →404 last sold in January 2016 at AED 1,953 per sqft, in line with what one-beds in Zaafaran 3 were fetching at the time (AED 1,984). 404's AED 115,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Nov 20238 November 2023 | 757 sqft | 1,430,000 | 1,888 | ||
| 1 Nov 20231 November 2023 | 757 sqft | 1,140,000 | 1,505 | ||
| 22 Apr 202122 April 2021 | 813 sqft | 800,000 | 984 | ||
| 22 Apr 202122 April 2021 | 757 sqft | 800,000 | 1,056 |
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 | |
| 402 | 2-bed | 1,507 sqft | AED 2.5MAED 2,500,000 · Jun 2016June 2016 | 210,000 /yr | |
| 403 | 2-bed | 1,210 sqft | AED 2.9MAED 2,900,000 · Nov 2014November 2014 | 141,750 /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 |
404, Zaafaran 3 in numbers
- Sold twice: first on 24 June 2010 for AED 966,166, last on 5 January 2016 for AED 1,600,000 (AED 1,953 per sqft).
- Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 99,448 to AED 65,000 in 2020 and recovered to AED 115,000 by March 2026.
- At AED 115,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 18,000 a year (AED 21.94 per sqft).
Source: Dubai Land Department. Updated 8 March 2026.
Questions about 404, Zaafaran 3
What did unit 404 last sell for?
AED 1,600,000 on 5 January 2016: AED 1,953 per sqft for 819 sqft. The unit has 2 registered sales; the first was AED 966,166 in June 2010.
What is the rent for unit 404?
AED 115,000 a year on the contract renewed on 8 March 2026. The previous contract, from March 2025, was AED 115,000; the unit has been rented since June 2013.
How big is unit 404?
819 sqft (76.1 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.
What is unit 404 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 404, Zaafaran 3
Starts from the last sale price (AED 1.6M, 5 January 2016). 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 →