621 sqftAfnan 1, Dubai Production City (IMPZ) · 4th floor · completed 2019

408, Afnan 1

Sold prices and rental history: sold once, by the developer in February 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 650K8 February 2021
Current rentAED 46K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Afnan 1

What is 408 worth today?

Last sold for AED 649,641 in 2021

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1 Mar 2025RentedRenewal
AED 45,700/yr12 months · AED 74 per sqft
1 Mar 2024RentedRenewal
AED 44,000/yr12 months · AED 72 per sqft
1 Mar 2021RentedNew contract
AED 32,000/yr12 months · AED 51 per sqft
8 Feb 2021Sold by developerReady
AED 649,641AED 1,045 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Key facts

Type
Apartment
Size
621 sqft
Floor
4th of 16
Parking
BZ2L23
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 650K · February 2021
Building
Afnan 1

About 408, Afnan 1

408 is an apartment of 621 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 8 February 2021 for AED 649,641, or AED 1,045 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 45,700 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 10,300 a year.

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
4041-bedAED 620K · May 2023
405AED 775K · Dec 2025
4061-bedAED 845K · Dec 2025
4071-bedAED 683K · Jan 2016
1–7 of 9

408, Afnan 1 in numbers

  • Sold once: by Deyaar on 8 February 2021 for AED 649,641, or AED 1,045 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 32,000 to AED 45,700 a year.
  • At AED 45,700 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 10,300 a year (AED 16.58 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Questions about 408, Afnan 1

What did unit 408 last sell for?

AED 649,641 on 8 February 2021, sold by the developer: AED 1,045 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 45,700 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 44,000; the unit has been rented since March 2021.

How big is unit 408?

621 sqft (57.7 sqm): an apartment on the 4th floor of a 16-storey tower completed in 2019.

What is unit 408 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 408, Afnan 1

Starts from the last sale price (AED 650K, 8 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 649,641
Deposit, UAE resident (20%)
AED 129,928
Deposit, non-resident (40%)
AED 259,856
Monthly over 25 years at 3.7%
AED 2,658

Plus AED 32,295 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →