2-bed · 969 sqftAfnan 1, Dubai Production City (IMPZ) · 15th floor · completed 2019

1504, Afnan 1

Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 24 October 2021
Last soldAED 937K24 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Afnan 1

What is 1504 worth today?

Last sold for AED 937,239 in 2021

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24 Oct 2021Sold by developerReady
AED 937,239AED 967 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2021.

Key facts

Type
2-bed apartment
Size
969 sqft
Floor
15th of 16
Parking
BZ2K07
Developer
Deyaar
Completed
2019
Service charge
AED 16,100 /yr
Last sold
AED 937K · October 2021
Building
Afnan 1

About 1504, Afnan 1

1504 is a two-bedroom apartment of 969 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 24 October 2021 for AED 937,239, or AED 967 per sqft, in line with the AED 962 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in Afnan 1
900K950K2015201820212024Typical sale price by year: 2015 AED 871,458; 2016 AED 869,083; 2021 AED 932,684; 2024 AED 950,000Sold by developer, October 2021: AED 937,239 (AED 967 per sqft)

1504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in Afnan 1
40K60K80K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 46,500; 2022 AED 53,500; 2023 AED 56,700; 2024 AED 84,000; 2025 AED 85,000

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

2-beds in Afnan 1, and where 1504 sits

All 16 2-beds →

1504 last sold in October 2021 at AED 967 per sqft, in line with what two-beds in Afnan 1 were fetching at the time (AED 962).

Recent 2-bed salesUnit no.Price (AED)Summary
14 Mar 20251,080,000
24 May 2024995,000
20 May 2024950,000
26 Feb 2024840,000
0 2-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
Value
1501StudioAED 415K · Dec 2015
1502StudioAED 484K · Nov 2019
15031-bedAED 624K · Jan 2016
1505StudioAED 423K · Dec 2015
1506StudioAED 428K · Dec 2015
1507StudioAED 315K · Jun 2020
1508StudioAED 486K · Apr 2021
1–7 of 11

1504, Afnan 1 in numbers

  • Sold once: by Deyaar on 24 October 2021 for AED 937,239, or AED 967 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 24 October 2021.

Questions about 1504, Afnan 1

What did unit 1504 last sell for?

AED 937,239 on 24 October 2021, sold by the developer: AED 967 per sqft for 969 sqft. It is the only registered sale of the unit.

How big is unit 1504?

969 sqft (90.0 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1504, Afnan 1

Starts from the last sale price (AED 937K, 24 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 937,239
Deposit, UAE resident (20%)
AED 187,448
Deposit, non-resident (40%)
AED 374,896
Monthly over 25 years at 3.7%
AED 3,835

Plus AED 44,374 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →