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1-bed · 637 sqftAfnan 3, Dubai Production City (IMPZ) · 5th floor · completed 2019

506, Afnan 3

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

Unit 506 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 708K28 September 2016
Current rentAED 34K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Afnan 3

What is 506 worth today?

Last sold for AED 708,114 in 2016

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1 Jul 2022RentedRenewal
AED 34,000/yr12 months · AED 54 per sqft
1 Jul 2021RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
1 Jul 2020RentedNew contract
AED 34,000/yr12 months · AED 53 per sqft
28 Sep 2016Sold by developerOff-plan
AED 708,114AED 1,111 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
637 sqft
Floor
5th of 8
Parking
BZ2I01
Developer
Deyaar
Completed
2019
Service charge
AED 10,600 /yr
Last sold
AED 708K · September 2016
Building
Afnan 3

About 506, Afnan 3

506 is a one-bedroom apartment of 637 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 28 September 2016 for AED 708,114, or AED 1,111 per sqft, in line with the AED 1,089 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 1 July 2022, is AED 34,000 a year: a gross yield of 4.8% on the 2016 price, before the service charge of about AED 10,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Afnan 3
700K2016201920222025Typical sale price by year: 2016 AED 708,114; 2017 AED 707,531; 2018 AED 675,450; 2019 AED 745,646; 2020 AED 685,248; 2021 AED 698,953; 2022 AED 773,478; 2023 AED 650,000; 2024 AED 682,500; 2025 AED 766,000Sold by developer, September 2016: AED 708,114 (AED 1,111 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Afnan 3
40K60K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 33,000; 2022 AED 36,000; 2023 AED 42,500; 2024 AED 52,500; 2025 AED 62,000; 2026 AED 50,000New contract, July 2020: AED 34,000 a yearNew contract, July 2021: AED 33,000 a yearRenewal, July 2022: AED 34,000 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 3, and where 506 sits

All 76 1-beds →

506 last sold in September 2016 at AED 1,111 per sqft, in line with what one-beds in Afnan 3 were fetching at the time (AED 1,089). 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. 506's AED 34,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Dec 2025866,930
18 Dec 2025850,000
15 Dec 2025660,000
10 Jul 2025745,000
5 1-bed sales in the last 12 months

Afnan 3

Building

80 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%
Afnan 3, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 5th floor

All 80 units in Afnan 3
Value
5011-bedAED 660K · May 2024
5021-bedAED 706K · Aug 2016
5031-bedAED 750K · Oct 2023
5041-bedAED 823K · Mar 2017
5051-bedAED 708K · Sep 2016
5071-bedAED 784K · May 2017
5081-bedAED 689K · Jan 2017
1–7 of 9

506, Afnan 3 in numbers

  • Sold once: by Deyaar on 28 September 2016 for AED 708,114, or AED 1,111 per sqft.
  • Rented since July 2020 on 3 Ejari contracts, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2016 price is 4.8%, before a service charge of about AED 10,600 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 July 2022.

Questions about 506, Afnan 3

What did unit 506 last sell for?

AED 708,114 on 28 September 2016, sold by the developer: AED 1,111 per sqft for 637 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 34,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 33,000; the unit has been rented since July 2020.

How big is unit 506?

637 sqft (59.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 506 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 506, Afnan 3

Starts from the last sale price (AED 708K, 28 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 708,114
Deposit, UAE resident (20%)
AED 141,623
Deposit, non-resident (40%)
AED 283,246
Monthly over 25 years at 3.7%
AED 2,897

Plus AED 34,751 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →