1508, Afnan 1
Sold prices and rental history: sold once, by the developer in April 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Afnan 1
What is 1508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 15th of 16
- Parking
- GZ2A06
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 7,200 /yr
- Last sold
- AED 486K · April 2021
- Building
- Afnan 1
About 1508, Afnan 1
1508 is a studio of 433 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 22 April 2021 for AED 485,628, or AED 1,122 per sqft, in line with the AED 1,108 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 October 2024, is AED 43,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 7,200 a year.
Sales and rents for 1508 over time
1508 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 1508 sits
All 64 studios →1508 last sold in April 2021 at AED 1,122 per sqft, in line with what studios in Afnan 1 were fetching at the time (AED 1,108). 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. 1508's AED 43,000 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 | |
| 1502 | Studio | 427 sqft | AED 484KAED 483,737 · Nov 2019November 2019 | 20,000 /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 | |
| 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 |
1508, Afnan 1 in numbers
- Sold once: by Deyaar on 22 April 2021 for AED 485,628, or AED 1,122 per sqft.
- Rented since July 2021 on 4 Ejari contracts, from AED 20,308 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2021 price is 8.8%, 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 10 October 2024.
Questions about 1508, Afnan 1
What did unit 1508 last sell for?
AED 485,628 on 22 April 2021, sold by the developer: AED 1,122 per sqft for 433 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 43,000 a year on the contract signed on 10 October 2024. The previous contract, from October 2023, was AED 32,000; the unit has been rented since July 2021.
How big is unit 1508?
433 sqft (40.2 sqm): a studio on the 15th floor of a 16-storey tower completed in 2019.
What is unit 1508 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 1508, Afnan 1
Starts from the last sale price (AED 486K, 22 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 485,628
- Deposit, UAE resident (20%)
- AED 97,126
- Deposit, non-resident (40%)
- AED 194,251
- Monthly over 25 years at 3.7%
- AED 1,987
Plus AED 23,306 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →