1-bed · 663 sqftAfnan 1, Dubai Production City (IMPZ) · 7th floor · completed 2019

702, Afnan 1

Sold prices and rental history: sold once, by the developer in February 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 5 August 2023
Last soldAED 637K23 February 2016
Current rentAED 37K /yr5 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Afnan 1

What is 702 worth today?

Last sold for AED 636,705 in 2016

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5 Aug 2023RentedRenewal
AED 37,200/yr12 months · AED 56 per sqft
5 Aug 2020RentedNew contract
AED 31,000/yr12 months · AED 46 per sqft
23 Feb 2016Sold by developerOff-plan
AED 636,705AED 960 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2023.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
7th of 16
Parking
BZ2J01
Developer
Deyaar
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 637K · February 2016
Building
Afnan 1

About 702, Afnan 1

702 is a one-bedroom apartment of 663 sqft on the 7th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 23 February 2016 for AED 636,705, or AED 960 per sqft, in line with the AED 972 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 5 August 2023, is AED 37,200 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, February 2016: AED 636,705 (AED 960 per sqft)

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

Rents
Unit 702, 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, August 2020: AED 31,000 a yearRenewal, August 2023: AED 37,200 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 702 sits

All 91 1-beds →

702 last sold in February 2016 at AED 960 per sqft, in line with what one-beds in Afnan 1 were fetching at the time (AED 972). 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. 702's AED 37,200 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 7th floor

All 176 units in Afnan 1
Value
7011-bedAED 597K · Jan 2016
7031-bedAED 670K · Sep 2024
7041-bedAED 630K · Mar 2024
7051-bedAED 629K · Dec 2015
7061-bedAED 12K · Jan 2026
7071-bedAED 687K · Dec 2015
7081-bedAED 626K · Jan 2016
1–7 of 9

702, Afnan 1 in numbers

  • Sold once: by Deyaar on 23 February 2016 for AED 636,705, or AED 960 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, from AED 31,000 to AED 37,200 a year.
  • At AED 37,200 a year the gross yield on the 2016 price is 5.8%, 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 5 August 2023.

Questions about 702, Afnan 1

What did unit 702 last sell for?

AED 636,705 on 23 February 2016, sold by the developer: AED 960 per sqft for 663 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 37,200 a year on the contract renewed on 5 August 2023. The previous contract, from August 2020, was AED 31,000.

How big is unit 702?

663 sqft (61.6 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2019.

What is unit 702 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 702, Afnan 1

Starts from the last sale price (AED 637K, 23 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 636,705
Deposit, UAE resident (20%)
AED 127,341
Deposit, non-resident (40%)
AED 254,682
Monthly over 25 years at 3.7%
AED 2,605

Plus AED 31,751 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →