Zaafaran 3
A 2 bed in Zaafaran 3 costs a median AED 3.38M and returns 7.03% short-let at the assumed 80% occupancy — from 10 sales and 0 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 7 in 12 months
- Rental contracts · 2 bed
- 0 in 12 months
- Buy
- 3.38MAED
- AED 2,412/sqft
- Short-let
- 7.03%
- AED 1,061/night · 0.73/sqft
Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent July 2026.
- AED/yr/sqft
- —
- Sales
- 10
- Rental contracts
- 0
- Short-let listings seen
- 27+
- 12 months
- +20.0%
Based on 10 sales and 0 rental contracts in the last 24 months.
Zaafaran 3 is an apartment building in Downtown Dubai, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 110 registered sales in all — the 10 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Zaafaran 3, by year.
Chart data: Mar 2015, 2568 AED/sqft; latest, Jul 2026, 2155 AED/sqft; peak, Mar 2015, 2568 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Zaafaran 3
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
2 bed: first Oct 2026, 0.6 AED/night/sqft; latest Sep 2027, 0.44 AED/night/sqft; peak Jan 2027, 1.11 AED/night/sqft. 1 bed: first Oct 2026, 0.88 AED/night/sqft; latest Aug 2027, 0.56 AED/night/sqft; peak Jan 2027, 1.39 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
8 resales in the last 12 months, against 4 a year on average over 2023–2025.
Sales
1 resales in the last 3 months.
Rental contracts
Nothing registered in the last 3 months. Try a wider window.
Nearby
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in Downtown Dubai, on the same figures over the same window.
Common questions
- How much does a 2 bedroom in Zaafaran 3 cost?
- The median registered sale price is AED 3.38M (2,323 AED/sqft), from 10 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Zaafaran 3 selling for right now?
- Registered sales of ready units in Zaafaran 3 over the last 6 months have a median of 2,412 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Zaafaran 3 risen or fallen?
- Median price per square foot moved +20.0% over the last 12 months against the 12 before it, on 10 registered sales. On a sample this size, read the direction rather than the exact figure.
- Does Zaafaran 3 earn more short-let than long-let?
- A night asks a median of AED 1,061, which models to 7.03% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.
- How many apartments change hands in Zaafaran 3?
- 10 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.
Zaafaran 3 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 10 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/downtown-dubai/zaafaran-3
Cite as: Dubai Wealth Index. “Zaafaran 3 sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/zaafaran-3.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.