1-bed · 621 sqftAfnan 2, Dubai Production City (IMPZ) · 4th floor · completed 2019

403, Afnan 2

Sold prices and rental history: sold once, by the developer in April 2017, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 689K12 April 2017
Current rentAED 40K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Afnan 2

What is 403 worth today?

Last sold for AED 689,042 in 2017

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20 Mar 2024RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
12 Apr 2017Sold by developerOff-plan
AED 689,042AED 1,109 per sqft

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

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
4th of 8
Parking
BZ2F26
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 689K · April 2017
Building
Afnan 2

About 403, Afnan 2

403 is a one-bedroom apartment of 621 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 12 April 2017 for AED 689,042, or AED 1,109 per sqft, 10% above the AED 1,005 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 March 2024. The current contract, signed on 20 March 2024, is AED 40,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 10,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, April 2017: AED 689,042 (AED 1,109 per sqft)

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

Rents
Unit 403, 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, March 2024: AED 40,000 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 403 sits

All 74 1-beds →

403 last sold in April 2017 at AED 1,109 per sqft, 10% above what one-beds in Afnan 2 were fetching at the time (AED 1,005). 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. 403's AED 40,000 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
4021-bedAED 685K · Jan 2016
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

403, Afnan 2 in numbers

  • Sold once: by Deyaar on 12 April 2017 for AED 689,042, or AED 1,109 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 10,300 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 March 2024.

Questions about 403, Afnan 2

What did unit 403 last sell for?

AED 689,042 on 12 April 2017, sold by the developer: AED 1,109 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 40,000 a year on the contract signed on 20 March 2024.

How big is unit 403?

621 sqft (57.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 403 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 403, Afnan 2

Starts from the last sale price (AED 689K, 12 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 689,042
Deposit, UAE resident (20%)
AED 137,808
Deposit, non-resident (40%)
AED 275,617
Monthly over 25 years at 3.7%
AED 2,819

Plus AED 33,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →