1-bed · 718 sqftAfnan 1, Dubai Production City (IMPZ) · 4th floor · completed 2019

404, Afnan 1

Sold prices and rental history: sold twice, last in May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 620K12 May 2023
Current rentAED 40K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Afnan 1

What is 404 worth today?

Last sold for AED 620,000 in 2023

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12 May 2023SoldReady
AED 620,000AED 863 per sqft
15 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
21 Jul 2020RentedNew contract
AED 35,000/yr13 months · AED 49 per sqft
21 Jan 2016Sold by developerOff-plan
AED 673,443AED 937 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2023.

Key facts

Type
1-bed apartment
Size
718 sqft
Floor
4th of 16
Parking
BZ2K01
Developer
Deyaar
Completed
2019
Service charge
AED 11,900 /yr
Last sold
AED 620K · May 2023
Building
Afnan 1

About 404, Afnan 1

404 is a one-bedroom apartment of 718 sqft on the 4th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 12 May 2023 for AED 620,000, or AED 863 per sqft, 3% above the AED 835 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 September 2022, is AED 40,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 673,443 (AED 937 per sqft)Sold, May 2023: AED 620,000 (AED 863 per sqft)

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

Rents
Unit 404, 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, July 2020: AED 35,000 a yearNew contract, September 2022: AED 40,000 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 404 sits

All 91 1-beds →

404 last sold in May 2023 at AED 863 per sqft, 3% above what one-beds in Afnan 1 were fetching at the time (AED 835). 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. 404's AED 40,000 is at the bottom 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
4021-bedAED 615K · Jan 2016
4031-bedAED 650K · Mar 2021
405AED 775K · Dec 2025
4061-bedAED 845K · Dec 2025
4071-bedAED 683K · Jan 2016
408AED 650K · Feb 2021
1–7 of 9

404, Afnan 1 in numbers

  • Sold twice: first on 21 January 2016 for AED 673,443, last on 12 May 2023 for AED 620,000 (AED 863 per sqft).
  • Rented since July 2020 on 2 Ejari contracts, from AED 35,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 11,900 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 12 May 2023.

Questions about 404, Afnan 1

What did unit 404 last sell for?

AED 620,000 on 12 May 2023: AED 863 per sqft for 718 sqft. The unit has 2 registered sales; the first was AED 673,443 in January 2016.

What is the rent for unit 404?

AED 40,000 a year on the contract signed on 15 September 2022. The previous contract, from July 2020, was AED 35,000.

How big is unit 404?

718 sqft (66.7 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2019.

What is unit 404 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 404, Afnan 1

Starts from the last sale price (AED 620K, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

Plus AED 31,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →