Studio · 433 sqftAfnan 1, Dubai Production City (IMPZ) · 14th floor · completed 2019

1408, Afnan 1

Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 27 December 2025
Last soldAED 485K17 October 2024
Current rentAED 50K /yr27 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Afnan 1

What is 1408 worth today?

Last sold for AED 485,000 in 2024

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27 Dec 2025RentedNew contract
AED 50,000/yr12 months · AED 116 per sqft
17 Oct 2024SoldReady
AED 485,000AED 1,121 per sqft
1 Feb 2024SoldReady
AED 420,000AED 970 per sqft
1 Apr 2022RentedRenewal
AED 24,000/yr6 months · AED 56 per sqft
1 Jun 2020RentedNew contract
AED 24,000/yr12 months · AED 56 per sqft
15 Dec 2015Sold by developerOff-plan
AED 422,784AED 977 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 December 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
14th of 16
Parking
GZ2F13
Developer
Deyaar
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 485K · October 2024
Building
Afnan 1

About 1408, Afnan 1

1408 is a studio of 433 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 17 October 2024 for AED 485,000, or AED 1,121 per sqft, 10% above the AED 1,021 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 27 December 2025, is AED 50,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, December 2015: AED 422,784 (AED 977 per sqft)Sold, February 2024: AED 420,000 (AED 970 per sqft)Sold, October 2024: AED 485,000 (AED 1,121 per sqft)

1408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, 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, June 2020: AED 24,000 a yearRenewal, April 2022: AED 24,000 a yearNew contract, December 2025: AED 50,000 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 1408 sits

All 64 studios →

1408 last sold in October 2024 at AED 1,121 per sqft, 10% above 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. 1408's AED 50,000 is in the upper 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
1406StudioAED 450K · Mar 2024
1407StudioAED 455K · Jul 2025
1–7 of 11

1408, Afnan 1 in numbers

  • Sold 3 times: first on 15 December 2015 for AED 422,784, last on 17 October 2024 for AED 485,000 (AED 1,121 per sqft).
  • Rented since June 2020 on 3 Ejari contracts, from AED 24,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 10.3%, before a service charge of about AED 7,200 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 27 December 2025.

Questions about 1408, Afnan 1

What did unit 1408 last sell for?

AED 485,000 on 17 October 2024: AED 1,121 per sqft for 433 sqft. The unit has 3 registered sales; the first was AED 422,784 in December 2015.

What is the rent for unit 1408?

AED 50,000 a year on the contract signed on 27 December 2025. The previous contract, from April 2022, was AED 24,000; the unit has been rented since June 2020.

How big is unit 1408?

433 sqft (40.2 sqm): a studio on the 14th floor of a 16-storey tower completed in 2019.

What is unit 1408 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 1408, Afnan 1

Starts from the last sale price (AED 485K, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

Plus AED 23,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →