507, Zaafaran 3
Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Zaafaran 3
What is 507 worth today?
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Source: Dubai Land Department. Updated 20 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,344 sqft
- Floor
- 5th of 6
- Parking
- B-2777
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 29,500 /yr
- Last sold
- AED 3.5M · January 2016
- Building
- Zaafaran 3
About 507, Zaafaran 3
507 is a two-bedroom apartment of 1,344 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 6 January 2016 for AED 3,500,000, or AED 2,604 per sqft, 12% above the AED 2,322 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 180,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 29,500 a year.
Sales and rents for 507 over time
507 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 507 sits
All 26 2-beds →507 last sold in January 2016 at AED 2,604 per sqft, 12% above what two-beds in Zaafaran 3 were fetching at the time (AED 2,322). 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. 507's AED 180,000 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 | |
| 506 | 2-bed | 1,244 sqft | AED 2.6MAED 2,600,000 · Jan 2016January 2016 | 175,000 /yr |
507, Zaafaran 3 in numbers
- Sold twice: first on 27 May 2013 for AED 1,145,243, last on 6 January 2016 for AED 3,500,000 (AED 2,604 per sqft).
- Rented since July 2012 on 11 Ejari contracts, from AED 135,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 29,500 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 20 January 2026.
Questions about 507, Zaafaran 3
What did unit 507 last sell for?
AED 3,500,000 on 6 January 2016: AED 2,604 per sqft for 1,344 sqft. The unit has 2 registered sales; the first was AED 1,145,243 in May 2013.
What is the rent for unit 507?
AED 180,000 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 180,000; the unit has been rented since July 2012.
How big is unit 507?
1,344 sqft (124.9 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.
What is unit 507 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 507, Zaafaran 3
Starts from the last sale price (AED 3.5M, 6 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →