704, Afnan 1
Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Afnan 1
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 718 sqft
- Floor
- 7th of 16
- Parking
- BZ2J03
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 11,900 /yr
- Last sold
- AED 630K · March 2024
- Building
- Afnan 1
About 704, Afnan 1
704 is a one-bedroom apartment of 718 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 7 March 2024 for AED 630,000, or AED 877 per sqft, in line with the AED 870 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 45,500 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 11,900 a year.
Sales and rents for 704 over time
704 has sold 3 times; 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 704 sits
All 91 1-beds →704 last sold in March 2024 at AED 877 per sqft, in line with what one-beds in Afnan 1 were fetching at the time (AED 870). 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. 704's AED 45,500 is in the lower half 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 7th floor
All 176 units in Afnan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 645 sqft | AED 597KAED 596,832 · Jan 2016January 2016 | 47,000 /yr | |
| 702 | 1-bed | 663 sqft | AED 637KAED 636,705 · Feb 2016February 2016 | 37,200 /yr | |
| 703 | 1-bed | 621 sqft | AED 670KAED 670,000 · Sep 2024September 2024 | 62,000 /yr | |
| 705 | 1-bed | 634 sqft | AED 629KAED 629,395 · Dec 2015December 2015 | 60,000 /yr | |
| 706 | 1-bed | 642 sqft | AED 12KAED 12,342 · Jan 2026January 2026 | 45,000 /yr | |
| 707 | 1-bed | 710 sqft | AED 687KAED 686,654 · Dec 2015December 2015 | 54,000 /yr | |
| 708 | 1-bed | 621 sqft | AED 626KAED 625,813 · Jan 2016January 2016 | 42,856 /yr | |
| 709 | 1-bed | 654 sqft | AED 665KAED 665,000 · Nov 2024November 2024 | 60,000 /yr | |
| 710 | 1-bed | 653 sqft | AED 660KAED 660,000 · Dec 2024December 2024 | 42,000 /yr |
704, Afnan 1 in numbers
- Sold 3 times: first on 11 February 2016 for AED 702,817, last on 7 March 2024 for AED 630,000 (AED 877 per sqft).
- Rented since August 2020 on 3 Ejari contracts, from AED 32,000 to AED 45,500 a year.
- At AED 45,500 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 11,900 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 7 March 2024.
Questions about 704, Afnan 1
What did unit 704 last sell for?
AED 630,000 on 7 March 2024: AED 877 per sqft for 718 sqft. The unit has 3 registered sales; the first was AED 702,817 in February 2016.
What is the rent for unit 704?
AED 45,500 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 38,000; the unit has been rented since August 2020.
How big is unit 704?
718 sqft (66.7 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2019.
What is unit 704 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 704, Afnan 1
Starts from the last sale price (AED 630K, 7 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus AED 31,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →