1-bed · 621 sqftAfnan 1, Dubai Production City (IMPZ) · 7th floor · completed 2019

703, Afnan 1

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 670K12 September 2024
Current rentAED 62K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Afnan 1

What is 703 worth today?

Last sold for AED 670,000 in 2024

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1 Dec 2025RentedRenewal
AED 62,000/yr12 months · AED 100 per sqft
1 Dec 2024RentedNew contract
AED 62,000/yr12 months · AED 100 per sqft
12 Sep 2024SoldReady
AED 670,000AED 1,078 per sqft
30 Sep 2023RentedNew contract
AED 55,000/yr12 months · AED 89 per sqft
31 Aug 2023SoldReady
AED 550,000AED 885 per sqft
25 Jan 2023RentedNew contract
AED 42,000/yr12 months · AED 67 per sqft
1 Jul 2022RentedRenewal
AED 33,000/yr12 months · AED 53 per sqft
1 Jan 2022RentedNew contract
AED 30,000/yr6 months · AED 48 per sqft

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

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
7th of 16
Parking
BZ2J02
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 670K · September 2024
Building
Afnan 1

About 703, Afnan 1

703 is a one-bedroom apartment of 621 sqft on the 7th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 12 September 2024 for AED 670,000, or AED 1,078 per sqft, 4% above the AED 1,041 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 62,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 10,300 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 604,450 (AED 972 per sqft)Sold, August 2023: AED 550,000 (AED 885 per sqft)Sold, September 2024: AED 670,000 (AED 1,078 per sqft)

703 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in Afnan 1
25K50K75K2020202220242026Typical 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, July 2020: AED 29,000 a yearRenewal, July 2021: AED 29,000 a yearNew contract, January 2022: AED 30,000 a yearRenewal, January 2022: AED 15,000 a yearRenewal, July 2022: AED 33,000 a yearNew contract, January 2023: AED 42,000 a yearNew contract, September 2023: AED 55,000 a yearNew contract, December 2024: AED 62,000 a yearRenewal, December 2025: AED 62,000 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 703 sits

All 91 1-beds →

703 last sold in September 2024 at AED 1,078 per sqft, 4% above what one-beds in Afnan 1 were fetching at the time (AED 1,041). 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. 703's AED 62,000 is in the upper half 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
7021-bedAED 637K · Feb 2016
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

703, Afnan 1 in numbers

  • Sold 3 times: first on 7 February 2016 for AED 604,450, last on 12 September 2024 for AED 670,000 (AED 1,078 per sqft).
  • Rented since July 2020 on 9 Ejari contracts. The rent fell from AED 29,000 to AED 15,000 in 2022 and recovered to AED 62,000 by December 2025.
  • At AED 62,000 a year the gross yield on the 2024 price is 9.3%, 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 1 December 2025.

Questions about 703, Afnan 1

What did unit 703 last sell for?

AED 670,000 on 12 September 2024: AED 1,078 per sqft for 621 sqft. The unit has 3 registered sales; the first was AED 604,450 in February 2016.

What is the rent for unit 703?

AED 62,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 62,000; the unit has been rented since July 2020.

How big is unit 703?

621 sqft (57.7 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2019.

What is unit 703 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 703, Afnan 1

Starts from the last sale price (AED 670K, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

Plus AED 33,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →