1-bed · 621 sqftAfnan 1, Dubai Production City (IMPZ) · 5th floor · completed 2019

503, Afnan 1

Sold prices and rental history: sold twice, last in March 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 28 March 2025
Last soldAED 700K28 March 2025
Current rentAED 38K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Afnan 1

What is 503 worth today?

Last sold for AED 700,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Mar 2025SoldReady
AED 700,000AED 1,126 per sqft
7 Feb 2024RentedRenewal
AED 38,000/yr12 months · AED 61 per sqft
7 Feb 2023RentedNew contract
AED 37,000/yr12 months · AED 59 per sqft
30 Sep 2022RentedNew contract
AED 32,909/yr12 months · AED 54 per sqft
5 Jan 2016Sold by developerOff-plan
AED 600,298AED 966 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2025.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
5th of 16
Parking
BZ2F63
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 700K · March 2025
Building
Afnan 1

About 503, Afnan 1

503 is a one-bedroom apartment of 621 sqft on the 5th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 28 March 2025 for AED 700,000, or AED 1,126 per sqft, 6% above the AED 1,067 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 7 February 2024, is AED 38,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 10,300 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 600,298 (AED 966 per sqft)Sold, March 2025: AED 700,000 (AED 1,126 per sqft)

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

Rents
Unit 503, 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, September 2022: AED 32,909 a yearNew contract, February 2023: AED 37,000 a yearRenewal, February 2024: AED 38,000 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 503 sits

All 91 1-beds →

503 last sold in March 2025 at AED 1,126 per sqft, 6% above what one-beds in Afnan 1 were fetching at the time (AED 1,067). 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. 503's AED 38,000 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 5th floor

All 176 units in Afnan 1
Value
5011-bedAED 750K · Jan 2025
5021-bedAED 633K · Jun 2016
5041-bedAED 702K · Dec 2015
5051-bedAED 629K · Jan 2016
5061-bedAED 629K · Jan 2016
5071-bedAED 684K · Feb 2016
5081-bedAED 652K · May 2021
1–7 of 9

503, Afnan 1 in numbers

  • Sold twice: first on 5 January 2016 for AED 600,298, last on 28 March 2025 for AED 700,000 (AED 1,126 per sqft).
  • Rented since September 2022 on 3 Ejari contracts, from AED 32,909 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 10,300 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 28 March 2025.

Questions about 503, Afnan 1

What did unit 503 last sell for?

AED 700,000 on 28 March 2025: AED 1,126 per sqft for 621 sqft. The unit has 2 registered sales; the first was AED 600,298 in January 2016.

What is the rent for unit 503?

AED 38,000 a year on the contract renewed on 7 February 2024. The previous contract, from February 2023, was AED 37,000; the unit has been rented since September 2022.

How big is unit 503?

621 sqft (57.7 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2019.

What is unit 503 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.

Selling 503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 503, Afnan 1

Starts from the last sale price (AED 700K, 28 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →