1-bed · 657 sqftAfnan 2, Dubai Production City (IMPZ) · 4th floor · completed 2019

402, Afnan 2

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 20 August 2023
Last soldAED 685K31 January 2016
Current rentAED 45K /yr20 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Afnan 2

What is 402 worth today?

Last sold for AED 685,329 in 2016

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20 Aug 2023RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
20 Aug 2022RentedRenewal
AED 33,000/yr12 months · AED 50 per sqft
20 Aug 2020RentedNew contract
AED 33,000/yr12 months · AED 50 per sqft
31 Jan 2016Sold by developerOff-plan
AED 685,329AED 1,042 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2023.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
4th of 8
Parking
GZ2A17
Developer
Deyaar
Completed
2019
Service charge
AED 10,900 /yr
Last sold
AED 685K · January 2016
Building
Afnan 2

About 402, Afnan 2

402 is a one-bedroom apartment of 657 sqft on the 4th floor of Afnan 2, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 31 January 2016 for AED 685,329, or AED 1,042 per sqft, in line with the AED 1,037 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 20 August 2023, is AED 45,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 10,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 685,329 (AED 1,042 per sqft)

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

Rents
Unit 402, 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 60,000New contract, August 2020: AED 33,000 a yearRenewal, August 2022: AED 33,000 a yearRenewal, August 2023: AED 45,000 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 402 sits

All 74 1-beds →

402 last sold in January 2016 at AED 1,042 per sqft, in line with what one-beds in Afnan 2 were fetching at the time (AED 1,037). 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. 402's AED 45,000 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 4th floor

All 80 units in Afnan 2
Value
4011-bedAED 636K · Feb 2016
4031-bedAED 689K · Apr 2017
4041-bedAED 733K · Feb 2016
4051-bedAED 720K · Aug 2024
4061-bedAED 785K · May 2024
4071-bedAED 790K · May 2025
4081-bedAED 665K · Jul 2021
1–7 of 9

402, Afnan 2 in numbers

  • Sold once: by Deyaar on 31 January 2016 for AED 685,329, or AED 1,042 per sqft.
  • Rented since August 2020 on 3 Ejari contracts, from AED 33,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 10,900 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 August 2023.

Questions about 402, Afnan 2

What did unit 402 last sell for?

AED 685,329 on 31 January 2016, sold by the developer: AED 1,042 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 45,000 a year on the contract renewed on 20 August 2023. The previous contract, from August 2022, was AED 33,000; the unit has been rented since August 2020.

How big is unit 402?

657 sqft (61.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 402 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 402, Afnan 2

Starts from the last sale price (AED 685K, 31 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 685,329
Deposit, UAE resident (20%)
AED 137,066
Deposit, non-resident (40%)
AED 274,132
Monthly over 25 years at 3.7%
AED 2,804

Plus AED 33,794 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →