506, 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 506, Zaafaran 3
What is 506 worth today?
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Source: Dubai Land Department. Updated 20 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,244 sqft
- Floor
- 5th of 6
- Parking
- B-2778
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,300 /yr
- Last sold
- AED 2.6M · January 2016
- Building
- Zaafaran 3
About 506, Zaafaran 3
506 is a two-bedroom apartment of 1,244 sqft on the 5th 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 2,600,000, or AED 2,090 per sqft, in line with the AED 2,090 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 20 October 2025, is AED 175,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 27,300 a year.
Sales and rents for 506 over time
506 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 506 sits
All 26 2-beds →506 last sold in January 2016 at AED 2,090 per sqft, in line with what two-beds in Zaafaran 3 were fetching at the time (AED 2,090). 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. 506's AED 175,000 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 5th floor
All 43 units in Zaafaran 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,348 sqft | AED 3.4MAED 3,400,000 · Jan 2016January 2016 | 200,000 /yr | |
| 502 | 2-bed | 1,507 sqft | AED 3.5MAED 3,500,000 · Jan 2016January 2016 | 210,000 /yr | |
| 503 | 2-bed | 1,210 sqft | AED 2.7MAED 2,700,000 · Mar 2024March 2024 | 140,000 /yr | |
| 504 | 1-bed | 819 sqft | AED 1.63MAED 1,625,000 · May 2015May 2015 | 90,000 /yr | |
| 505 | 1-bed | 757 sqft | AED 1.9MAED 1,900,000 · Aug 2014August 2014 | 115,000 /yr | |
| 507 | 2-bed | 1,344 sqft | AED 3.5MAED 3,500,000 · Jan 2016January 2016 | 180,000 /yr |
506, Zaafaran 3 in numbers
- Sold twice: first on 24 June 2010 for AED 1,468,366, last on 5 January 2016 for AED 2,600,000 (AED 2,090 per sqft).
- Rented since September 2013 on 10 Ejari contracts, from AED 135,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2016 price is 6.7%, 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 20 October 2025.
Questions about 506, Zaafaran 3
What did unit 506 last sell for?
AED 2,600,000 on 5 January 2016: AED 2,090 per sqft for 1,244 sqft. The unit has 2 registered sales; the first was AED 1,468,366 in June 2010.
What is the rent for unit 506?
AED 175,000 a year on the contract signed on 20 October 2025. The previous contract, from October 2024, was AED 170,000; the unit has been rented since September 2013.
How big is unit 506?
1,244 sqft (115.6 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.
What is unit 506 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.
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Mortgage on 506, Zaafaran 3
Starts from the last sale price (AED 2.6M, 5 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →