1-bed · 621 sqftAfnan 1, Dubai Production City (IMPZ) · 15th floor · completed 2019

1503, Afnan 1

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 20 July 2023

Last soldAED 624K11 January 2016

Current rentAED 45K /yr20 July 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1503, Afnan 1

Today

What is 1503 worth today?

Last sold for AED 623,887 in 2016

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20 Jul 2023

20 Jul 2023RentedNew contract

AED 45,000/yr12 months · AED 72 per sqft

15 May 2020

15 May 2020RentedNew contract

AED 34,000/yr12 months · AED 54 per sqft

11 Jan 2016

11 Jan 2016Sold by developerOff-plan

AED 623,887AED 1,004 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2023.

Key facts

Type: 1-bed apartment
Size: 621 sqft
Floor: 15th of 16
Parking: BZ2E83
Developer: Deyaar
Completed: 2019
Service charge: AED 10,300 /yr
Last sold: AED 624K · January 2016
Building: Afnan 1

About 1503, Afnan 1

1503 is a one-bedroom apartment of 621 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 11 January 2016 for AED 623,887, or AED 1,004 per sqft, 4% above the AED 966 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 20 July 2023, is AED 45,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1503 over time

Sales

Unit 1503, each saleTypical one-bed in Afnan 1

1503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1503, each contractTypical one-bed in Afnan 1

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

1-beds in Afnan 1, and where 1503 sits

All 91 1-beds →

1-beds in Afnan 1 · last 12 months1,269 /sqft Afnan 1 · all types1,269 /sqft

1503 last sold in January 2016 at AED 1,004 per sqft, 4% above what one-beds in Afnan 1 were fetching at the time (AED 966). Over the last 12 months one-beds sold for AED 775,000 to 845,000, around AED 1,269 per sqft, and rent for AED 45,000 to 70,350 a year. 1503's AED 45,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
5 Jan 20265 January 2026	642 sqft	12,342	19
10 Dec 202510 December 2025	642 sqft	845,000	1,315
11 Jul 202511 July 2025	621 sqft	800,000	1,287
19 Jun 202519 June 2025	642 sqft	17,700	27

3 1-bed 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 15th floor

All 176 units in Afnan 1


1501	Studio	426 sqft	AED 415KAED 415,227 · Dec 2015December 2015	38,000 /yr
1502	Studio	427 sqft	AED 484KAED 483,737 · Nov 2019November 2019	20,000 /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

1–7 of 11

1503, Afnan 1 in numbers

Sold once: by Deyaar on 11 January 2016 for AED 623,887, or AED 1,004 per sqft.
Rented since May 2020 on 2 Ejari contracts, from AED 34,000 to AED 45,000 a year.
At AED 45,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 10,300 a year (AED 16.58 per sqft).
One-beds in Afnan 1 sold for AED 775,000–845,000 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 20 July 2023.

Questions about 1503, Afnan 1

What did unit 1503 last sell for?

AED 623,887 on 11 January 2016, sold by the developer: AED 1,004 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 45,000 a year on the contract signed on 20 July 2023. The previous contract, from May 2020, was AED 34,000.

How big is unit 1503?

621 sqft (57.7 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Afnan 1 sold for AED 775,000 to 845,000 in the last 12 months, around AED 1,269 per sqft.

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Mortgage on 1503, Afnan 1

Starts from the last sale price (AED 624K, 11 January 2016). Switch to today's estimate once you have unlocked it.

Price: AED 623,887
Deposit, UAE resident (20%): AED 124,777
Deposit, non-resident (40%): AED 249,555
Monthly over 25 years at 3.7%: AED 2,553

Plus AED 31,213 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →