1-bed · 663 sqftAfnan 1, Dubai Production City (IMPZ) · 4th floor · completed 2019

402, 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 402 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 615K5 January 2016
Current rentAED 60K /yr17 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Afnan 1

What is 402 worth today?

Last sold for AED 615,008 in 2016

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17 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
15 Aug 2023RentedRenewal
AED 38,850/yr12 months · AED 58 per sqft
15 Aug 2022RentedNew contract
AED 37,000/yr12 months · AED 55 per sqft
15 Aug 2020RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
5 Jan 2016Sold by developerOff-plan
AED 615,008AED 927 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2024.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
4th of 16
Parking
BZ2L18
Developer
Deyaar
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 615K · January 2016
Building
Afnan 1

About 402, Afnan 1

402 is a one-bedroom apartment of 663 sqft on the 4th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 5 January 2016 for AED 615,008, or AED 927 per sqft, 4% below the AED 965 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 17 September 2024, is AED 60,000 a year: a gross yield of 9.8% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 615,008 (AED 927 per sqft)

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

Rents
Unit 402, 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 33,000 a yearNew contract, August 2022: AED 37,000 a yearRenewal, August 2023: AED 38,850 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 402 sits

All 91 1-beds →

402 last sold in January 2016 at AED 927 per sqft, 4% below what one-beds in Afnan 1 were fetching at the time (AED 965). 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. 402'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 4th floor

All 176 units in Afnan 1
Value
4011-bedAED 644K · Nov 2016
4031-bedAED 650K · Mar 2021
4041-bedAED 620K · May 2023
405AED 775K · Dec 2025
4061-bedAED 845K · Dec 2025
4071-bedAED 683K · Jan 2016
408AED 650K · Feb 2021
1–7 of 9

402, Afnan 1 in numbers

  • Sold once: by Deyaar on 5 January 2016 for AED 615,008, or AED 927 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 33,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 9.8%, before a service charge of about AED 11,000 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 17 September 2024.

Questions about 402, Afnan 1

What did unit 402 last sell for?

AED 615,008 on 5 January 2016, sold by the developer: AED 927 per sqft for 663 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 60,000 a year on the contract signed on 17 September 2024. The previous contract, from August 2023, was AED 38,850; the unit has been rented since August 2020.

How big is unit 402?

663 sqft (61.6 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2019.

What is unit 402 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 402, Afnan 1

Starts from the last sale price (AED 615K, 5 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 615,008
Deposit, UAE resident (20%)
AED 123,002
Deposit, non-resident (40%)
AED 246,003
Monthly over 25 years at 3.7%
AED 2,516

Plus AED 30,840 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →