502, Afnan 1
Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Afnan 1
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 5th of 16
- Parking
- BZ2F62
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 11,000 /yr
- Last sold
- AED 633K · June 2016
- Building
- Afnan 1
About 502, Afnan 1
502 is a one-bedroom apartment of 663 sqft on the 5th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 2 June 2016 for AED 632,622, or AED 954 per sqft, in line with the AED 968 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 June 2023, is AED 45,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 11,000 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 91 1-beds →502 last sold in June 2016 at AED 954 per sqft, in line with what one-beds in Afnan 1 were fetching at the time (AED 968). 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. 502's AED 45,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 642 sqft | 12,342 | 19 | ||
| 10 Dec 202510 December 2025 | 642 sqft | 845,000 | 1,315 | ||
| 11 Jul 202511 July 2025 | 621 sqft | 800,000 | 1,287 | ||
| 19 Jun 202519 June 2025 | 642 sqft | 17,700 | 27 |
Afnan 1
Building176 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%
Other units on the 5th floor
All 176 units in Afnan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 645 sqft | AED 750KAED 750,000 · Jan 2025January 2025 | 73,500 /yr | |
| 503 | 1-bed | 621 sqft | AED 700KAED 700,000 · Mar 2025March 2025 | 38,000 /yr | |
| 504 | 1-bed | 718 sqft | AED 702KAED 701,685 · Dec 2015December 2015 | 42,000 /yr | |
| 505 | 1-bed | 634 sqft | AED 629KAED 629,386 · Jan 2016January 2016 | 65,000 /yr | |
| 506 | 1-bed | 642 sqft | AED 629KAED 629,386 · Jan 2016January 2016 | 55,000 /yr | |
| 507 | 1-bed | 710 sqft | AED 684KAED 684,369 · Feb 2016February 2016 | 50,000 /yr | |
| 508 | 1-bed | 621 sqft | AED 652KAED 651,750 · May 2021May 2021 | 65,000 /yr | |
| 509 | 1-bed | 654 sqft | AED 633KAED 632,622 · Jan 2016January 2016 | ||
| 510 | 1-bed | 653 sqft | AED 605KAED 605,014 · Mar 2016March 2016 | 52,500 /yr |
502, Afnan 1 in numbers
- Sold once: by Deyaar on 2 June 2016 for AED 632,622, or AED 954 per sqft.
- Rented since June 2021 on 3 Ejari contracts, from AED 30,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2016 price is 7.1%, 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 1 June 2023.
Questions about 502, Afnan 1
What did unit 502 last sell for?
AED 632,622 on 2 June 2016, sold by the developer: AED 954 per sqft for 663 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 45,000 a year on the contract signed on 1 June 2023. The previous contract, from June 2022, was AED 32,000; the unit has been rented since June 2021.
How big is unit 502?
663 sqft (61.6 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2019.
What is unit 502 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 502, Afnan 1
Starts from the last sale price (AED 633K, 2 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 632,622
- Deposit, UAE resident (20%)
- AED 126,524
- Deposit, non-resident (40%)
- AED 253,049
- Monthly over 25 years at 3.7%
- AED 2,588
Plus AED 31,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →