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1-bed · 1,109 sqftZaafaran 3, The Old Town · Ground floor · completed 2006

G03, Zaafaran 3

Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 23 August 2025
Last soldAED 1.7M26 September 2012
Current rentAED 250K /yr23 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G03, Zaafaran 3

What is G03 worth today?

Last sold for AED 1,700,000 in 2012

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23 Aug 2025RentedNew contract
AED 250,000/yr12 months · AED 124 per sqft
1 Jul 2022RentedNew contract
AED 165,000/yr14 months · AED 149 per sqft
15 Sep 2021RentedNew contract
AED 140,000/yr12 months · AED 126 per sqft
15 Oct 2020RentedRenewal
AED 130,000/yr12 months · AED 117 per sqft
26 Sep 2012SoldReady
AED 1,700,000AED 1,532 per sqft
16 Mar 2010Sold by developerReady
AED 1,390,932AED 1,254 per sqft

Source: Dubai Land Department. Updated 23 August 2025.

Key facts

Type
1-bed apartment
Size
1,109 sqft
Floor
Ground of 6
Parking
B-2775
Developer
Emaar
Completed
2006
Service charge
AED 24,300 /yr
Last sold
AED 1.7M · September 2012
Building
Zaafaran 3

About G03, Zaafaran 3

G03 is a one-bedroom apartment of 1,109 sqft on the ground floor of Zaafaran 3, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 26 September 2012 for AED 1,700,000, or AED 1,532 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 23 August 2025, is AED 250,000 a year: a gross yield of 14.7% on the 2012 price, before the service charge of about AED 24,300 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical one-bed in Zaafaran 3
1M1.5M201020122014Typical sale price by year: 2010 AED 966,166; 2013 AED 1,400,000; 2014 AED 1,762,500Sold by developer, March 2010: AED 1,390,932 (AED 1,254 per sqft)Sold, September 2012: AED 1,700,000 (AED 1,532 per sqft)

G03 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, each contractTypical one-bed in Zaafaran 3
100K200K2014201820222026Typical rent by year: 2014 AED 105,000; 2015 AED 110,000; 2016 AED 109,407; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 78,500; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 88,750; 2023 AED 93,000; 2024 AED 95,000; 2025 AED 105,000Renewal, October 2020: AED 130,000 a yearNew contract, September 2021: AED 140,000 a yearNew contract, July 2022: AED 165,000 a yearNew contract, August 2025: AED 250,000 a year

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 G03 sits

All 13 1-beds →

G03's AED 250,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Nov 20231,430,000
1 Nov 20231,140,000
22 Apr 2021800,000
22 Apr 2021800,000
0 1-bed sales 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 ground floor

All 43 units in Zaafaran 3
Value
G022-bedAED 3.75M · Jan 2016
G041-bedAED 800K · Apr 2021
G051-bedAED 800K · Apr 2021
G062-bedAED 3.9M · Jun 2010
G073-bedAED 3.75M · Apr 2010

G03, Zaafaran 3 in numbers

  • Sold twice: first on 16 March 2010 for AED 1,390,932, last on 26 September 2012 for AED 1,700,000 (AED 1,532 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 130,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2012 price is 14.7%, before a service charge of about AED 24,300 a year (AED 21.94 per sqft).

Source: Dubai Land Department. Updated 23 August 2025.

Questions about G03, Zaafaran 3

What did unit G03 last sell for?

AED 1,700,000 on 26 September 2012: AED 1,532 per sqft for 1,109 sqft. The unit has 2 registered sales; the first was AED 1,390,932 in March 2010.

What is the rent for unit G03?

AED 250,000 a year on the contract signed on 23 August 2025. The previous contract, from July 2022, was AED 165,000; the unit has been rented since October 2020.

How big is unit G03?

1,109 sqft (103.0 sqm): a one-bedroom apartment on the ground floor of a 6-storey tower completed in 2006.

What is unit G03 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 G03, Zaafaran 3

Starts from the last sale price (AED 1.7M, 26 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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