Studio · 441 sqftAfnan 1, Dubai Production City (IMPZ) · 14th floor · completed 2019

1406, Afnan 1

Sold prices and rental history: sold 3 times, last in March 2024, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 450K7 March 2024
Current rentAED 48K /yr28 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Afnan 1

What is 1406 worth today?

Last sold for AED 450,000 in 2024

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28 Aug 2025RentedNew contract
AED 47,500/yr12 months · AED 110 per sqft
7 Mar 2024SoldReady
AED 450,000AED 1,020 per sqft
15 Sep 2019SoldOff-plan
AED 350,000AED 793 per sqft
23 Feb 2016Sold by developerOff-plan
AED 427,714AED 970 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
14th of 16
Parking
GZ2F11
Developer
Deyaar
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 450K · March 2024
Building
Afnan 1

About 1406, Afnan 1

1406 is a studio of 441 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 7 March 2024 for AED 450,000, or AED 1,020 per sqft, 13% above the AED 904 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2025. The current contract, signed on 28 August 2025, is AED 47,500 a year: a gross yield of 10.6% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, February 2016: AED 427,714 (AED 970 per sqft)Sold, September 2019: AED 350,000 (AED 793 per sqft)Sold, March 2024: AED 450,000 (AED 1,020 per sqft)

1406 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, 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, August 2025: AED 47,500 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 1406 sits

All 64 studios →

1406 last sold in March 2024 at AED 1,020 per sqft, 13% above what studios in Afnan 1 were fetching at the time (AED 904). 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. 1406's AED 47,500 is in the lower half 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 14th floor

All 176 units in Afnan 1
Value
1401StudioAED 370K · Mar 2023
1402StudioAED 450K · May 2024
14031-bedAED 740K · May 2024
14042-bedAED 895K · Dec 2015
1405StudioAED 455K · Jul 2025
1407StudioAED 455K · Jul 2025
1408StudioAED 485K · Oct 2024
1–7 of 11

1406, Afnan 1 in numbers

  • Sold 3 times: first on 23 February 2016 for AED 427,714, last on 7 March 2024 for AED 450,000 (AED 1,020 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 47,500 a year.
  • At AED 47,500 a year the gross yield on the 2024 price is 10.6%, before a service charge of about AED 7,300 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 28 August 2025.

Questions about 1406, Afnan 1

What did unit 1406 last sell for?

AED 450,000 on 7 March 2024: AED 1,020 per sqft for 441 sqft. The unit has 3 registered sales; the first was AED 427,714 in February 2016.

What is the rent for unit 1406?

AED 47,500 a year on the contract signed on 28 August 2025.

How big is unit 1406?

441 sqft (41.0 sqm): a studio on the 14th floor of a 16-storey tower completed in 2019.

What is unit 1406 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 1406, Afnan 1

Starts from the last sale price (AED 450K, 7 March 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 →