Studio · 433 sqftAfnan 1, Dubai Production City (IMPZ) · 16th floor · completed 2019

1605, Afnan 1

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 21 January 2026
Last soldAED 450K28 June 2024
Current rentAED 50K /yr21 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Afnan 1

What is 1605 worth today?

Last sold for AED 450,000 in 2024

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21 Jan 2026RentedRenewal
AED 50,000/yr12 months · AED 116 per sqft
20 Jan 2025RentedNew contract
AED 49,874/yr12 months · AED 116 per sqft
28 Jun 2024SoldReady
AED 450,000AED 1,040 per sqft
10 Apr 2024RentedRenewal
AED 31,000/yr12 months · AED 72 per sqft
10 Apr 2023RentedRenewal
AED 26,460/yr12 months · AED 61 per sqft
9 Apr 2023RentedRenewal
AED 26,387/yr12 months · AED 61 per sqft
13 Apr 2021Sold by developerReady
AED 486,382AED 1,124 per sqft
10 Apr 2021RentedNew contract
AED 24,000/yr12 months · AED 56 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 January 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
16th of 16
Parking
BZ2N01
Developer
Deyaar
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 450K · June 2024
Building
Afnan 1

About 1605, Afnan 1

1605 is a studio of 433 sqft on the 16th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 28 June 2024 for AED 450,000, or AED 1,040 per sqft, in line with the AED 1,020 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 21 January 2026, is AED 50,000 a year: a gross yield of 11.1% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, April 2021: AED 486,382 (AED 1,124 per sqft)Sold, June 2024: AED 450,000 (AED 1,040 per sqft)

1605 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1605, 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, April 2021: AED 24,000 a yearRenewal, April 2023: AED 26,460 a yearRenewal, April 2023: AED 26,387 a yearRenewal, April 2024: AED 31,000 a yearNew contract, January 2025: AED 49,874 a yearRenewal, January 2026: AED 50,000 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 1605 sits

All 64 studios →

1605 last sold in June 2024 at AED 1,040 per sqft, in line with what studios in Afnan 1 were fetching at the time (AED 1,020). 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. 1605's AED 50,000 is in the upper half 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 16th floor

All 176 units in Afnan 1
Value
1601StudioAED 466K · Mar 2021
1602StudioAED 483K · Apr 2021
16031-bedAED 679K · May 2021
16042-bedAED 1.08M · Mar 2025
1606StudioAED 492K · May 2021
1607StudioAED 492K · Jan 2021
1608StudioAED 486K · May 2021
1–7 of 11

1605, Afnan 1 in numbers

  • Sold twice: first on 13 April 2021 for AED 486,382, last on 28 June 2024 for AED 450,000 (AED 1,040 per sqft).
  • Rented since April 2021 on 6 Ejari contracts, from AED 24,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 11.1%, 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 21 January 2026.

Questions about 1605, Afnan 1

What did unit 1605 last sell for?

AED 450,000 on 28 June 2024: AED 1,040 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 486,382 in April 2021.

What is the rent for unit 1605?

AED 50,000 a year on the contract renewed on 21 January 2026. The previous contract, from January 2025, was AED 49,874; the unit has been rented since April 2021.

How big is unit 1605?

433 sqft (40.2 sqm): a studio on the 16th floor of a 16-storey tower completed in 2019.

What is unit 1605 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 1605, Afnan 1

Starts from the last sale price (AED 450K, 28 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →