Studio · 426 sqftAfnan 1, Dubai Production City (IMPZ) · 13th floor · completed 2019

1301, Afnan 1

Sold prices and rental history: sold twice, last in October 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 360K24 October 2024
Current rentAED 32K /yr6 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Afnan 1

What is 1301 worth today?

Last sold for AED 360,000 in 2024

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24 Oct 2024SoldReady
AED 360,000AED 845 per sqft
6 May 2024RentedRenewal
AED 32,000/yr12 months · AED 74 per sqft
6 May 2023RentedNew contract
AED 32,000/yr12 months · AED 74 per sqft
22 May 2016Sold by developerOff-plan
AED 412,084AED 967 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2024.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
13th of 16
Parking
BZ2N07
Developer
Deyaar
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 360K · October 2024
Building
Afnan 1

About 1301, Afnan 1

1301 is a studio of 426 sqft on the 13th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 24 October 2024 for AED 360,000, or AED 845 per sqft, 17% below the AED 1,021 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 6 May 2024, is AED 32,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical studio in Afnan 1
300K400K500K2015201820212024Typical sale price by year: 2015 AED 422,784; 2016 AED 422,784; 2019 AED 350,000; 2021 AED 486,382; 2022 AED 275,000; 2023 AED 395,000; 2024 AED 450,000; 2025 AED 492,500Sold by developer, May 2016: AED 412,084 (AED 967 per sqft)Sold, October 2024: AED 360,000 (AED 845 per sqft)

1301 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1301, each contractTypical studio in Afnan 1
20K40K2020202220242026Typical rent by year: 2020 AED 23,000; 2021 AED 22,000; 2022 AED 25,750; 2023 AED 28,000; 2024 AED 35,000; 2025 AED 43,000; 2026 AED 46,000New contract, May 2023: AED 32,000 a yearRenewal, May 2024: AED 32,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Afnan 1, and where 1301 sits

All 64 studios →

1301 last sold in October 2024 at AED 845 per sqft, 17% below what studios in Afnan 1 were fetching at the time (AED 1,021). Over the last 12 months studios sold for AED 5,819 to 6,567, around AED 14 per sqft, and rent for AED 44,000 to 53,000 a year. 1301's AED 32,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Dec 20255,819
29 Dec 20256,567
9 Jul 202524,547
4 Jul 2025455,000
2 studio sales in the last 12 months

Afnan 1

Building

176 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 5 sold in the last 12 months.

Typical price per sqft
AED 1,269
Typical sale
AED 810K
Typical rent
AED 52K /yr
Typical yield
8.1%
Afnan 1, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 13th floor

All 176 units in Afnan 1
Value
1302StudioAED 425K · Jan 2016
13031-bedAED 619K · Jan 2016
13042-bedAED 874K · Jan 2016
1305StudioAED 534K · Oct 2024
1306StudioAED 530K · May 2025
1307StudioAED 490K · Apr 2021
1308StudioAED 422K · Dec 2015
1–7 of 11

1301, Afnan 1 in numbers

  • Sold twice: first on 22 May 2016 for AED 412,084, last on 24 October 2024 for AED 360,000 (AED 845 per sqft).
  • Rented since May 2023 on 2 Ejari contracts, at AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 7,100 a year (AED 16.58 per sqft).
  • Studios in Afnan 1 sold for AED 5,819–6,567 in the 12 months to November 2026; the building's median across all types is AED 1,269 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2024.

Questions about 1301, Afnan 1

What did unit 1301 last sell for?

AED 360,000 on 24 October 2024: AED 845 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 412,084 in May 2016.

What is the rent for unit 1301?

AED 32,000 a year on the contract renewed on 6 May 2024. The previous contract, from May 2023, was AED 32,000.

How big is unit 1301?

426 sqft (39.6 sqm): a studio on the 13th floor of a 16-storey tower completed in 2019.

What is unit 1301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Afnan 1 sold for AED 5,819 to 6,567 in the last 12 months, around AED 14 per sqft.

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Mortgage on 1301, Afnan 1

Starts from the last sale price (AED 360K, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →