1502, Afnan 1
Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Afnan 1
What is 1502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2021.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 15th of 16
- Parking
- GZ2A02
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 7,100 /yr
- Last sold
- AED 484K · November 2019
- Building
- Afnan 1
About 1502, Afnan 1
1502 is a studio of 427 sqft on the 15th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 6 November 2019 for AED 483,737, or AED 1,133 per sqft, 38% above the AED 819 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 May 2021, is AED 20,000 a year: a gross yield of 4.1% on the 2019 price, before the service charge of about AED 7,100 a year.
Sales and rents for 1502 over time
1502 has sold once; 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 1502 sits
All 64 studios →1502 last sold in November 2019 at AED 1,133 per sqft, 38% above what studios in Afnan 1 were fetching at the time (AED 819). 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. 1502'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 15th floor
All 176 units in Afnan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 426 sqft | AED 415KAED 415,227 · Dec 2015December 2015 | 38,000 /yr | |
| 1503 | 1-bed | 621 sqft | AED 624KAED 623,887 · Jan 2016January 2016 | 45,000 /yr | |
| 1504 | 2-bed | 969 sqft | AED 937KAED 937,239 · Oct 2021October 2021 | ||
| 1505 | Studio | 433 sqft | AED 423KAED 423,443 · Dec 2015December 2015 | 21,000 /yr | |
| 1506 | Studio | 441 sqft | AED 428KAED 428,381 · Dec 2015December 2015 | 45,000 /yr | |
| 1507 | Studio | 441 sqft | AED 315KAED 315,000 · Jun 2020June 2020 | 39,000 /yr | |
| 1508 | Studio | 433 sqft | AED 486KAED 485,628 · Apr 2021April 2021 | 43,000 /yr | |
| 1509 | 2-bed | 969 sqft | AED 967KAED 967,151 · Oct 2016October 2016 | 85,000 /yr | |
| 1510 | 1-bed | 621 sqft | AED 677KAED 676,509 · Jun 2021June 2021 | ||
| 1511 | Studio | 427 sqft | AED 421KAED 420,893 · Dec 2015December 2015 | 45,000 /yr | |
| 1512 | Studio | 426 sqft | AED 415KAED 415,227 · Nov 2015November 2015 | 47,000 /yr |
1502, Afnan 1 in numbers
- Sold once: by Deyaar on 6 November 2019 for AED 483,737, or AED 1,133 per sqft.
- Rented since March 2020 on 2 Ejari contracts, from AED 23,500 to AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2019 price is 4.1%, 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 10 May 2021.
Questions about 1502, Afnan 1
What did unit 1502 last sell for?
AED 483,737 on 6 November 2019, sold by the developer: AED 1,133 per sqft for 427 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 20,000 a year on the contract signed on 10 May 2021. The previous contract, from March 2020, was AED 23,500.
How big is unit 1502?
427 sqft (39.7 sqm): a studio on the 15th floor of a 16-storey tower completed in 2019.
What is unit 1502 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 1502, Afnan 1
Starts from the last sale price (AED 484K, 6 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 483,737
- Deposit, UAE resident (20%)
- AED 96,747
- Deposit, non-resident (40%)
- AED 193,495
- Monthly over 25 years at 3.7%
- AED 1,979
Plus AED 23,226 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →