1402, Afnan 1
Sold prices and rental history: sold twice, last in May 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, Afnan 1
What is 1402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 14th of 16
- Parking
- GZ2F09
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 7,100 /yr
- Last sold
- AED 450K · May 2024
- Building
- Afnan 1
About 1402, Afnan 1
1402 is a studio of 427 sqft on the 14th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 1 May 2024 for AED 450,000, or AED 1,054 per sqft, 9% above the AED 970 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 28 July 2022, is AED 20,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 7,100 a year.
Sales and rents for 1402 over time
1402 has sold twice; the dashed line is the studio median of each year in the building.
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 1402 sits
All 64 studios →1402 last sold in May 2024 at AED 1,054 per sqft, 9% above what studios in Afnan 1 were fetching at the time (AED 970). 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. 1402's AED 20,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 441 sqft | 5,819 | 13 | ||
| 29 Dec 202529 December 2025 | 433 sqft | 6,567 | 15 | ||
| 9 Jul 20259 July 2025 | 433 sqft | 24,547 | 56 | ||
| 4 Jul 20254 July 2025 | 433 sqft | 455,000 | 1,051 |
Afnan 1
Building176 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%
Other units on the 14th floor
All 176 units in Afnan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 426 sqft | AED 370KAED 370,000 · Mar 2023March 2023 | 37,000 /yr | |
| 1403 | 1-bed | 621 sqft | AED 740KAED 740,000 · May 2024May 2024 | 36,000 /yr | |
| 1404 | 2-bed | 969 sqft | AED 895KAED 894,707 · Dec 2015December 2015 | ||
| 1405 | Studio | 433 sqft | AED 455KAED 455,000 · Jul 2025July 2025 | 23,000 /yr | |
| 1406 | Studio | 441 sqft | AED 450KAED 450,000 · Mar 2024March 2024 | 47,500 /yr | |
| 1407 | Studio | 441 sqft | AED 455KAED 455,000 · Jul 2025July 2025 | 28,000 /yr | |
| 1408 | Studio | 433 sqft | AED 485KAED 485,000 · Oct 2024October 2024 | 50,000 /yr | |
| 1409 | 2-bed | 969 sqft | AED 871KAED 871,458 · Nov 2015November 2015 | 48,000 /yr | |
| 1410 | 1-bed | 621 sqft | AED 700KAED 700,000 · Jul 2024July 2024 | 51,450 /yr | |
| 1411 | Studio | 427 sqft | AED 350KAED 350,000 · Sep 2019September 2019 | 30,000 /yr | |
| 1412 | Studio | 426 sqft | AED 463KAED 462,813 · Sep 2021September 2021 |
1402, Afnan 1 in numbers
- Sold twice: first on 24 November 2016 for AED 471,730, last on 1 May 2024 for AED 450,000 (AED 1,054 per sqft).
- Rented since July 2020 on 3 Ejari contracts, from AED 21,000 to AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2024 price is 4.4%, 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 1 May 2024.
Questions about 1402, Afnan 1
What did unit 1402 last sell for?
AED 450,000 on 1 May 2024: AED 1,054 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 471,730 in November 2016.
What is the rent for unit 1402?
AED 20,000 a year on the contract renewed on 28 July 2022. The previous contract, from July 2021, was AED 20,000; the unit has been rented since July 2020.
How big is unit 1402?
427 sqft (39.7 sqm): a studio on the 14th floor of a 16-storey tower completed in 2019.
What is unit 1402 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 1402, Afnan 1
Starts from the last sale price (AED 450K, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →