1-bed · 634 sqftAfnan 1, Dubai Production City (IMPZ) · 7th floor · completed 2019

705, 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 705 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 629K15 December 2015
Current rentAED 60K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Afnan 1

What is 705 worth today?

Last sold for AED 629,395 in 2015

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5 Jun 2024RentedNew contract
AED 60,000/yr12 months · AED 94 per sqft
15 Apr 2023RentedRenewal
AED 37,500/yr12 months · AED 59 per sqft
15 Apr 2022RentedRenewal
AED 34,000/yr12 months · AED 54 per sqft
15 Apr 2021RentedRenewal
AED 32,000/yr12 months · AED 50 per sqft
15 Apr 2020RentedNew contract
AED 36,000/yr12 months · AED 57 per sqft
15 Dec 2015Sold by developerOff-plan
AED 629,395AED 993 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 June 2024.

Key facts

Type
1-bed apartment
Size
634 sqft
Floor
7th of 16
Parking
BZ2J04
Developer
Deyaar
Completed
2019
Service charge
AED 10,500 /yr
Last sold
AED 629K · December 2015
Building
Afnan 1

About 705, Afnan 1

705 is a one-bedroom apartment of 634 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 15 December 2015 for AED 629,395, or AED 993 per sqft, in line with the AED 976 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 June 2024, is AED 60,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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 629,395 (AED 993 per sqft)

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

Rents
Unit 705, 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, April 2020: AED 36,000 a yearRenewal, April 2021: AED 32,000 a yearRenewal, April 2022: AED 34,000 a yearRenewal, April 2023: AED 37,500 a yearNew contract, June 2024: AED 60,000 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 705 sits

All 91 1-beds →

705 last sold in December 2015 at AED 993 per sqft, in line with what one-beds in Afnan 1 were fetching at the time (AED 976). 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. 705's AED 60,000 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
7031-bedAED 670K · Sep 2024
7041-bedAED 630K · Mar 2024
7061-bedAED 12K · Jan 2026
7071-bedAED 687K · Dec 2015
7081-bedAED 626K · Jan 2016
1–7 of 9

705, Afnan 1 in numbers

  • Sold once: by Deyaar on 15 December 2015 for AED 629,395, or AED 993 per sqft.
  • Rented since April 2020 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 32,000 in 2021 and recovered to AED 60,000 by June 2024.
  • At AED 60,000 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 10,500 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 June 2024.

Questions about 705, Afnan 1

What did unit 705 last sell for?

AED 629,395 on 15 December 2015, sold by the developer: AED 993 per sqft for 634 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 60,000 a year on the contract signed on 5 June 2024. The previous contract, from April 2023, was AED 37,500; the unit has been rented since April 2020.

How big is unit 705?

634 sqft (58.9 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2019.

What is unit 705 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 705, Afnan 1

Starts from the last sale price (AED 629K, 15 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 629,395
Deposit, UAE resident (20%)
AED 125,879
Deposit, non-resident (40%)
AED 251,758
Monthly over 25 years at 3.7%
AED 2,575

Plus AED 31,445 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →