1509, Afnan 1
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1509, Afnan 1
What is 1509 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 969 sqft
- Floor
- 15th of 16
- Parking
- BZ2K08
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 16,100 /yr
- Last sold
- AED 967K · October 2016
- Building
- Afnan 1
About 1509, Afnan 1
1509 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 16 October 2016 for AED 967,151, or AED 998 per sqft, 11% above the AED 898 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 85,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 16,100 a year.
Sales and rents for 1509 over time
1509 has sold once; the dashed line is the two-bed median of each year in the building.
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 1509 sits
All 16 2-beds →1509 last sold in October 2016 at AED 998 per sqft, 11% above what two-beds in Afnan 1 were fetching at the time (AED 898).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Mar 202514 March 2025 | 969 sqft | 1,080,000 | 1,114 | ||
| 24 May 202424 May 2024 | 969 sqft | 995,000 | 1,026 | ||
| 20 May 202420 May 2024 | 969 sqft | 950,000 | 980 | ||
| 26 Feb 202426 February 2024 | 969 sqft | 840,000 | 866 |
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 | |
| 1508 | Studio | 433 sqft | AED 486KAED 485,628 · Apr 2021April 2021 | 43,000 /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 |
1509, Afnan 1 in numbers
- Sold once: by Deyaar on 16 October 2016 for AED 967,151, or AED 998 per sqft.
- Rented since July 2020 on 6 Ejari contracts, from AED 45,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 16,100 a year (AED 16.58 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2025.
Questions about 1509, Afnan 1
What did unit 1509 last sell for?
AED 967,151 on 16 October 2016, sold by the developer: AED 998 per sqft for 969 sqft. It is the only registered sale of the unit.
What is the rent for unit 1509?
AED 85,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 80,000; the unit has been rented since July 2020.
How big is unit 1509?
969 sqft (90.0 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2019.
What is unit 1509 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 1509, Afnan 1
Starts from the last sale price (AED 967K, 16 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 967,151
- Deposit, UAE resident (20%)
- AED 193,430
- Deposit, non-resident (40%)
- AED 386,860
- Monthly over 25 years at 3.7%
- AED 3,957
Plus AED 45,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →