Studio · 441 sqftAfnan 1, Dubai Production City (IMPZ) · 15th floor · completed 2019

1507, Afnan 1

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

Unit 1507 · DLD and Ejari recordsUpdated 27 June 2025
Last soldAED 315K1 June 2020
Current rentAED 39K /yr27 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Afnan 1

What is 1507 worth today?

Last sold for AED 315,000 in 2020

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27 Jun 2025RentedRenewal
AED 39,000/yr12 months · AED 91 per sqft
27 Jun 2024RentedRenewal
AED 36,000/yr12 months · AED 84 per sqft
31 Jul 2021RentedRenewal
AED 25,500/yr12 months · AED 59 per sqft
31 Jul 2020RentedNew contract
AED 23,000/yr12 months · AED 52 per sqft
1 Jun 2020SoldReady
AED 315,000AED 714 per sqft
15 Dec 2015Sold by developerOff-plan
AED 428,381AED 971 per sqft

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

Key facts

Type
Studio apartment
Size
441 sqft
Floor
15th of 16
Parking
GZ2A05
Developer
Deyaar
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 315K · June 2020
Building
Afnan 1

About 1507, Afnan 1

1507 is a studio of 441 sqft on the 15th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 1 June 2020 for AED 315,000, or AED 714 per sqft, 11% below the AED 806 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 27 June 2025, is AED 39,000 a year: a gross yield of 12.4% on the 2020 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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 428,381 (AED 971 per sqft)Sold, June 2020: AED 315,000 (AED 714 per sqft)

1507 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1507, 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, July 2020: AED 23,000 a yearRenewal, July 2021: AED 25,500 a yearRenewal, June 2024: AED 36,000 a yearRenewal, June 2025: AED 39,000 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 1507 sits

All 64 studios →

1507 last sold in June 2020 at AED 714 per sqft, 11% below what studios in Afnan 1 were fetching at the time (AED 806). 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. 1507's AED 39,000 is at the bottom 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 15th floor

All 176 units in Afnan 1
Value
1501StudioAED 415K · Dec 2015
1502StudioAED 484K · Nov 2019
15031-bedAED 624K · Jan 2016
15042-bedAED 937K · Oct 2021
1505StudioAED 423K · Dec 2015
1506StudioAED 428K · Dec 2015
1508StudioAED 486K · Apr 2021
1–7 of 11

1507, Afnan 1 in numbers

  • Sold twice: first on 15 December 2015 for AED 428,381, last on 1 June 2020 for AED 315,000 (AED 714 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 23,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2020 price is 12.4%, 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 27 June 2025.

Questions about 1507, Afnan 1

What did unit 1507 last sell for?

AED 315,000 on 1 June 2020: AED 714 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 428,381 in December 2015.

What is the rent for unit 1507?

AED 39,000 a year on the contract renewed on 27 June 2025. The previous contract, from June 2024, was AED 36,000; the unit has been rented since July 2020.

How big is unit 1507?

441 sqft (41.0 sqm): a studio on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1507 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 1507, Afnan 1

Starts from the last sale price (AED 315K, 1 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

Plus AED 16,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →