1-bed · 621 sqftAfnan 1, Dubai Production City (IMPZ) · 6th floor · completed 2019

603, Afnan 1

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 632K29 December 2015
Current rentAED 36K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Afnan 1

What is 603 worth today?

Last sold for AED 632,468 in 2015

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20 Mar 2023RentedNew contract
AED 36,000/yr12 months · AED 58 per sqft
20 Mar 2022RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
20 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
1 Nov 2020RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
29 Dec 2015Sold by developerOff-plan
AED 632,468AED 1,017 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2023.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
6th of 16
Parking
BZ2E88
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 632K · December 2015
Building
Afnan 1

About 603, Afnan 1

603 is a one-bedroom apartment of 621 sqft on the 6th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 29 December 2015 for AED 632,468, or AED 1,017 per sqft, 4% above the AED 977 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 20 March 2023, is AED 36,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 10,300 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, December 2015: AED 632,468 (AED 1,017 per sqft)

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

Rents
Unit 603, 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, November 2020: AED 30,000 a yearNew contract, March 2021: AED 30,000 a yearNew contract, March 2022: AED 32,000 a yearNew contract, March 2023: AED 36,000 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 603 sits

All 91 1-beds →

603 last sold in December 2015 at AED 1,017 per sqft, 4% above what one-beds in Afnan 1 were fetching at the time (AED 977). 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. 603's AED 36,000 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 6th floor

All 176 units in Afnan 1
Value
6011-bedAED 595K · Jan 2016
6021-bedAED 722K · Oct 2016
6041-bedAED 702K · Jan 2016
6051-bedAED 629K · Dec 2015
6061-bedAED 629K · Dec 2015
6071-bedAED 720K · Jan 2016
6081-bedAED 684K · Aug 2016
1–7 of 9

603, Afnan 1 in numbers

  • Sold once: by Deyaar on 29 December 2015 for AED 632,468, or AED 1,017 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 30,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2015 price is 5.7%, 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 20 March 2023.

Questions about 603, Afnan 1

What did unit 603 last sell for?

AED 632,468 on 29 December 2015, sold by the developer: AED 1,017 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 36,000 a year on the contract signed on 20 March 2023. The previous contract, from March 2022, was AED 32,000; the unit has been rented since November 2020.

How big is unit 603?

621 sqft (57.7 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2019.

What is unit 603 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 603, Afnan 1

Starts from the last sale price (AED 632K, 29 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 632,468
Deposit, UAE resident (20%)
AED 126,494
Deposit, non-resident (40%)
AED 252,987
Monthly over 25 years at 3.7%
AED 2,588

Plus AED 31,574 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →