1-bed · 642 sqftAfnan 1, Dubai Production City (IMPZ) · 3rd floor · completed 2019

306, Afnan 1

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 630K25 January 2016
Current rentAED 60K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Afnan 1

What is 306 worth today?

Last sold for AED 630,142 in 2016

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15 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 93 per sqft
24 May 2023RentedRenewal
AED 37,400/yr12 months · AED 59 per sqft
24 May 2022RentedNew contract
AED 34,000/yr12 months · AED 53 per sqft
12 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
12 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
25 Jan 2016Sold by developerOff-plan
AED 630,142AED 981 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
3rd of 16
Parking
BZ2L12
Developer
Deyaar
Completed
2019
Service charge
AED 10,600 /yr
Last sold
AED 630K · January 2016
Building
Afnan 1

About 306, Afnan 1

306 is a one-bedroom apartment of 642 sqft on the 3rd floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 25 January 2016 for AED 630,142, or AED 981 per sqft, in line with the AED 974 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 September 2024, is AED 60,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 10,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Afnan 1
600K700K2015201820212024Typical sale price by year: 2015 AED 629,395; 2016 AED 632,622; 2021 AED 677,074; 2022 AED 609,184; 2023 AED 590,000; 2024 AED 674,000; 2025 AED 752,500Sold by developer, January 2016: AED 630,142 (AED 981 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Afnan 1
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 35,600; 2023 AED 42,000; 2024 AED 50,000; 2025 AED 60,000; 2026 AED 66,000New contract, August 2020: AED 30,000 a yearNew contract, August 2020: AED 30,000 a yearNew contract, May 2022: AED 34,000 a yearRenewal, May 2023: AED 37,400 a yearNew contract, September 2024: AED 60,000 a year

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

1-beds in Afnan 1, and where 306 sits

All 91 1-beds →

306 last sold in January 2016 at AED 981 per sqft, in line with what one-beds in Afnan 1 were fetching at the time (AED 974). Over the last 12 months one-beds sold for AED 775,000 to 845,000, around AED 1,269 per sqft, and rent for AED 45,000 to 70,350 a year. 306's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Jan 202612,342
10 Dec 2025845,000
11 Jul 2025800,000
19 Jun 202517,700
3 1-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 3rd floor

All 176 units in Afnan 1
Value
3011-bedAED 520K · Sep 2023
3021-bedAED 705K · Dec 2016
3031-bedAED 596K · May 2016
3041-bedAED 590K · Sep 2023
3051-bedAED 722K · Dec 2016
3071-bedAED 682K · Jan 2016
3081-bedAED 282K · Apr 2025
1–7 of 9

306, Afnan 1 in numbers

  • Sold once: by Deyaar on 25 January 2016 for AED 630,142, or AED 981 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 30,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 10,600 a year (AED 16.58 per sqft).
  • One-beds in Afnan 1 sold for AED 775,000–845,000 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 15 September 2024.

Questions about 306, Afnan 1

What did unit 306 last sell for?

AED 630,142 on 25 January 2016, sold by the developer: AED 981 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 60,000 a year on the contract signed on 15 September 2024. The previous contract, from May 2023, was AED 37,400; the unit has been rented since August 2020.

How big is unit 306?

642 sqft (59.6 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2019.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Afnan 1 sold for AED 775,000 to 845,000 in the last 12 months, around AED 1,269 per sqft.

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Mortgage on 306, Afnan 1

Starts from the last sale price (AED 630K, 25 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 630,142
Deposit, UAE resident (20%)
AED 126,028
Deposit, non-resident (40%)
AED 252,057
Monthly over 25 years at 3.7%
AED 2,578

Plus AED 31,476 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →