1-bed · 666 sqftAfnan 2, Dubai Production City (IMPZ) · 3rd floor · completed 2019

309, Afnan 2

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 662K5 January 2016
Current rentAED 53K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Afnan 2

What is 309 worth today?

Last sold for AED 662,427 in 2016

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20 Nov 2024RentedRenewal
AED 53,000/yr12 months · AED 79 per sqft
20 Nov 2023RentedNew contract
AED 53,000/yr12 months · AED 79 per sqft
10 Dec 2022RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
1 Jan 2022RentedRenewal
AED 32,000/yr12 months · AED 48 per sqft
5 Jan 2016Sold by developerOff-plan
AED 662,427AED 995 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
3rd of 8
Parking
GZ2A14
Developer
Deyaar
Completed
2019
Service charge
AED 11,000 /yr
Last sold
AED 662K · January 2016
Building
Afnan 2

About 309, Afnan 2

309 is a one-bedroom apartment of 666 sqft on the 3rd floor of Afnan 2, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 5 January 2016 for AED 662,427, or AED 995 per sqft, 5% below the AED 1,043 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 53,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Afnan 2
600K800K20152018202120242027Typical sale price by year: 2015 AED 683,199; 2016 AED 664,631; 2019 AED 778,121; 2021 AED 704,067; 2022 AED 677,339; 2023 AED 602,500; 2024 AED 727,500; 2025 AED 750,000; 2026 AED 835,000Sold by developer, January 2016: AED 662,427 (AED 995 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Afnan 2
40K60K2020202220242026Typical rent by year: 2020 AED 33,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 42,000; 2024 AED 57,225; 2025 AED 60,000Renewal, January 2022: AED 32,000 a yearNew contract, December 2022: AED 40,000 a yearNew contract, November 2023: AED 53,000 a yearRenewal, November 2024: AED 53,000 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 2, and where 309 sits

All 74 1-beds →

309 last sold in January 2016 at AED 995 per sqft, 5% below what one-beds in Afnan 2 were fetching at the time (AED 1,043). Over the last 12 months one-beds sold for AED 800,000 to 1,100,000, around AED 1,171 per sqft, and rent for AED 54,000 to 70,000 a year. 309's AED 53,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,100,000
6 Feb 2026800,000
5 Feb 2026835,000
14 Jan 202629,229
4 1-bed sales in the last 12 months

Afnan 2

Building

80 apartments, studios to 1-bed over 8 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,171
Typical sale
AED 835K
Typical rent
AED 67K /yr
Typical yield
8.3%
Afnan 2, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 3rd floor

All 80 units in Afnan 2
Value
3011-bedAED 680K · Jul 2025
3021-bedAED 725K · Nov 2024
3031-bedAED 645K · Jan 2016
3041-bedAED 733K · Feb 2016
3051-bedAED 663K · Feb 2016
3061-bedAED 663K · Feb 2016
3071-bedAED 733K · Mar 2016
1–7 of 9

309, Afnan 2 in numbers

  • Sold once: by Deyaar on 5 January 2016 for AED 662,427, or AED 995 per sqft.
  • Rented since January 2022 on 4 Ejari contracts, from AED 32,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 11,000 a year (AED 16.58 per sqft).
  • One-beds in Afnan 2 sold for AED 800,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,171 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2024.

Questions about 309, Afnan 2

What did unit 309 last sell for?

AED 662,427 on 5 January 2016, sold by the developer: AED 995 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 53,000 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 53,000; the unit has been rented since January 2022.

How big is unit 309?

666 sqft (61.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Afnan 2 sold for AED 800,000 to 1,100,000 in the last 12 months, around AED 1,171 per sqft.

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Mortgage on 309, Afnan 2

Starts from the last sale price (AED 662K, 5 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 662,427
Deposit, UAE resident (20%)
AED 132,485
Deposit, non-resident (40%)
AED 264,971
Monthly over 25 years at 3.7%
AED 2,710

Plus AED 32,832 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →