1-bed · 654 sqftAfnan 1, Dubai Production City (IMPZ) · 7th floor · completed 2019

709, Afnan 1

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

Unit 709 · DLD and Ejari recordsUpdated 24 December 2024
Last soldAED 665K20 November 2024
Current rentAED 60K /yr24 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Afnan 1

What is 709 worth today?

Last sold for AED 665,000 in 2024

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24 Dec 2024RentedNew contract
AED 60,000/yr13 months · AED 92 per sqft
20 Nov 2024SoldReady
AED 665,000AED 1,016 per sqft
20 Sep 2021RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
1 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
11 Jan 2016Sold by developerOff-plan
AED 636,705AED 972 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 December 2024.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
7th of 16
Parking
BZ2J08
Developer
Deyaar
Completed
2019
Service charge
AED 10,900 /yr
Last sold
AED 665K · November 2024
Building
Afnan 1

About 709, Afnan 1

709 is a one-bedroom apartment of 654 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 20 November 2024 for AED 665,000, or AED 1,016 per sqft, in line with the AED 1,046 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 24 December 2024, is AED 60,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 10,900 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, January 2016: AED 636,705 (AED 972 per sqft)Sold, November 2024: AED 665,000 (AED 1,016 per sqft)

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

Rents
Unit 709, 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 32,000 a yearNew contract, September 2021: AED 32,000 a yearNew contract, December 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 709 sits

All 91 1-beds →

709 last sold in November 2024 at AED 1,016 per sqft, in line with what one-beds in Afnan 1 were fetching at the time (AED 1,046). 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. 709'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
7051-bedAED 629K · Dec 2015
7061-bedAED 12K · Jan 2026
7071-bedAED 687K · Dec 2015
1–7 of 9

709, Afnan 1 in numbers

  • Sold twice: first on 11 January 2016 for AED 636,705, last on 20 November 2024 for AED 665,000 (AED 1,016 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 32,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 10,900 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 24 December 2024.

Questions about 709, Afnan 1

What did unit 709 last sell for?

AED 665,000 on 20 November 2024: AED 1,016 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 636,705 in January 2016.

What is the rent for unit 709?

AED 60,000 a year on the contract signed on 24 December 2024. The previous contract, from September 2021, was AED 32,000; the unit has been rented since August 2020.

How big is unit 709?

654 sqft (60.8 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2019.

What is unit 709 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 709, Afnan 1

Starts from the last sale price (AED 665K, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

Plus AED 32,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →