502, Afnan 3
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Afnan 3
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 666 sqft
- Floor
- 5th of 8
- Parking
- BZ2N46
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 11,000 /yr
- Last sold
- AED 706K · August 2016
- Building
- Afnan 3
About 502, Afnan 3
502 is a one-bedroom apartment of 666 sqft on the 5th floor of Afnan 3, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 22 August 2016 for AED 706,384, or AED 1,061 per sqft, in line with the AED 1,074 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 42,550 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 11,000 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Afnan 3, and where 502 sits
All 76 1-beds →502 last sold in August 2016 at AED 1,061 per sqft, in line with what one-beds in Afnan 3 were fetching at the time (AED 1,074). Over the last 12 months one-beds sold for AED 660,000 to 866,930, around AED 1,293 per sqft, and rent for AED 42,592 to 71,148 a year. 502's AED 42,550 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 637 sqft | 866,930 | 1,360 | ||
| 18 Dec 202518 December 2025 | 657 sqft | 850,000 | 1,293 | ||
| 15 Dec 202515 December 2025 | 657 sqft | 660,000 | 1,004 | ||
| 10 Jul 202510 July 2025 | 621 sqft | 745,000 | 1,199 |
Afnan 3
Building80 apartments, studios to 1-bed over 8 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,293
- Typical sale
- AED 830K
- Typical rent
- AED 58K /yr
- Typical yield
- 6.6%
Other units on the 5th floor
All 80 units in Afnan 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 651 sqft | AED 660KAED 660,000 · May 2024May 2024 | 48,000 /yr | |
| 503 | 1-bed | 621 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 70,000 /yr | |
| 504 | 1-bed | 719 sqft | AED 823KAED 823,164 · Mar 2017March 2017 | 39,900 /yr | |
| 505 | 1-bed | 637 sqft | AED 708KAED 708,114 · Sep 2016September 2016 | 37,800 /yr | |
| 506 | 1-bed | 637 sqft | AED 708KAED 708,114 · Sep 2016September 2016 | 34,000 /yr | |
| 507 | 1-bed | 713 sqft | AED 784KAED 783,966 · May 2017May 2017 | 60,000 /yr | |
| 508 | 1-bed | 621 sqft | AED 689KAED 688,775 · Jan 2017January 2017 | 63,000 /yr | |
| 509 | 1-bed | 657 sqft | AED 714KAED 713,519 · May 2018May 2018 | ||
| 510 | 1-bed | 660 sqft | AED 668KAED 668,490 · Feb 2018February 2018 | 60,000 /yr |
502, Afnan 3 in numbers
- Sold once: by Deyaar on 22 August 2016 for AED 706,384, or AED 1,061 per sqft.
- Rented since August 2020 on 4 Ejari contracts, from AED 33,000 to AED 42,550 a year.
- At AED 42,550 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 11,000 a year (AED 16.58 per sqft).
- One-beds in Afnan 3 sold for AED 660,000–866,930 in the 12 months to November 2026; the building's median across all types is AED 1,293 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Questions about 502, Afnan 3
What did unit 502 last sell for?
AED 706,384 on 22 August 2016, sold by the developer: AED 1,061 per sqft for 666 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 42,550 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 38,000; the unit has been rented since August 2020.
How big is unit 502?
666 sqft (61.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Afnan 3 sold for AED 660,000 to 866,930 in the last 12 months, around AED 1,293 per sqft.
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Mortgage on 502, Afnan 3
Starts from the last sale price (AED 706K, 22 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 706,384
- Deposit, UAE resident (20%)
- AED 141,277
- Deposit, non-resident (40%)
- AED 282,554
- Monthly over 25 years at 3.7%
- AED 2,890
Plus AED 34,678 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →