Zaafaran 3

P1 — Delivered Ready Secondary
Developer Emaar Properties PJSC
Community The Old Town
Property type Apartment
Data updated Feb 27, 2026

Zaafaran 3 is a Delivered development by Emaar Properties PJSC in The Old Town. 43 units across 2 Bedroom (63%), 1 Bedroom (30%), 3 Bedroom (7%). Over the trailing 12 months, 115 sales at a median of AED 3,500,000.

Key Metrics
Median Price
Value
AED 3,500,000
Change
20.5% YoY
Transactions
Value
115
Change
8 in period
Price / sqft
Value
AED 2,367
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 3,500,000
↑ 20.5% YoY
Transactions
115
↑ 8 in period
Price / sqft
AED 2,367
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
6.0%
Holding Period
Value
5.0 yrs
Liquidity
Value
17.8%
Price Dispersion
Value
5.2%
Ready Market Mix
Value
0.0%
Rental Activity
Value
55.6%
Capital Return
6.0%
Holding Period
5.0 yrs
Liquidity
17.8%
Price Dispersion
5.2%
Ready Market Mix
0.0%
Rental Activity
55.6%

Rental Performance

Rental Volume
Value
298
Avg Annual Rent
Value
AED 133,507
New Leases
Value
64.8%
Renewals
Value
35.2%
Rental Volume
298
Avg Annual Rent
AED 133,507
New Leases
64.8%
Renewals
35.2%

Unit Mix

By bedroom type
1 Bedroom 13 units · 30%
2 Bedroom 27 units · 63%
3 Bedroom 3 units · 7%

Transaction Breakdown

All time — 115 transactions
Ready Primary
43
Ready Secondary
72

Price History

Median Price — Zaafaran 3

Median prices in Zaafaran 3 have risen sharply, up 30% from AED 2.7M to AED 3.5M over the past 4 months.

Recent Transactions

Showing last 10 of 115
Date Type Price (AED) Size (sqft) AED/sqft
Feb 27, 2026 RP Secondary 3,500,000 1,343 2,604
Feb 27, 2026 RP Secondary 3,000,000 1,244 2,411
Feb 27, 2026 RP Secondary 3,500,000 1,506 2,322
Feb 27, 2026 RP Secondary 3,500,000 1,347 2,596
Feb 27, 2026 RP Secondary 1,900,000 819 2,319
Nov 17, 2025 RP Secondary 3,500,000 1,506 2,322
Sep 30, 2025 RP Secondary 3,650,000 1,343 2,715
May 06, 2025 RP Secondary 2,700,000 1,343 2,008
Mar 13, 2025 RP Secondary 3,250,000 1,439 2,258
Jan 13, 2025 RP Secondary 2,561,209 1,343 1,905

This project is in The Old Town

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