1-bed · 637 sqftAfnan 2, Dubai Production City (IMPZ) · 4th floor · completed 2019

405, Afnan 2

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

Unit 405 · DLD and Ejari recordsUpdated 24 August 2024
Last soldAED 720K15 August 2024
Current rentAED 64K /yr24 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Afnan 2

What is 405 worth today?

Last sold for AED 720,000 in 2024

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24 Aug 2024RentedNew contract
AED 64,000/yr12 months · AED 101 per sqft
15 Aug 2024SoldReady
AED 720,000AED 1,129 per sqft
18 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
3 Jul 2022RentedNew contract
AED 36,000/yr12 months · AED 57 per sqft
3 Jul 2020RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
10 Jul 2018Sold by developerOff-plan
AED 662,114AED 1,038 per sqft

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

Key facts

Type
1-bed apartment
Size
637 sqft
Floor
4th of 8
Parking
BZ2F28
Developer
Deyaar
Completed
2019
Service charge
AED 10,600 /yr
Last sold
AED 720K · August 2024
Building
Afnan 2

About 405, Afnan 2

405 is a one-bedroom apartment of 637 sqft on the 4th floor of Afnan 2, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 15 August 2024 for AED 720,000, or AED 1,129 per sqft, 14% above the AED 988 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 24 August 2024, is AED 64,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, July 2018: AED 662,114 (AED 1,038 per sqft)Sold, August 2024: AED 720,000 (AED 1,129 per sqft)

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

Rents
Unit 405, 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, July 2020: AED 33,000 a yearNew contract, July 2022: AED 36,000 a yearNew contract, August 2023: AED 40,000 a yearNew contract, August 2024: AED 64,000 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 405 sits

All 74 1-beds →

405 last sold in August 2024 at AED 1,129 per sqft, 14% above what one-beds in Afnan 2 were fetching at the time (AED 988). 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. 405's AED 64,000 is in the upper half 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
4031-bedAED 689K · Apr 2017
4041-bedAED 733K · Feb 2016
4061-bedAED 785K · May 2024
4071-bedAED 790K · May 2025
4081-bedAED 665K · Jul 2021
1–7 of 9

405, Afnan 2 in numbers

  • Sold twice: first on 10 July 2018 for AED 662,114, last on 15 August 2024 for AED 720,000 (AED 1,129 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 33,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 10,600 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 24 August 2024.

Questions about 405, Afnan 2

What did unit 405 last sell for?

AED 720,000 on 15 August 2024: AED 1,129 per sqft for 637 sqft. The unit has 2 registered sales; the first was AED 662,114 in July 2018.

What is the rent for unit 405?

AED 64,000 a year on the contract signed on 24 August 2024. The previous contract, from August 2023, was AED 40,000; the unit has been rented since July 2020.

How big is unit 405?

637 sqft (59.2 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 405 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 405, Afnan 2

Starts from the last sale price (AED 720K, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

Plus AED 35,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →