Studio · 427 sqftAfnan 4, Dubai Production City (IMPZ) · 15th floor · completed 2019

1502, Afnan 4

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

Unit 1502 · DLD and Ejari recordsUpdated 19 June 2025
Last soldAED 454K21 January 2016
Current rentAED 45K /yr19 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Afnan 4

What is 1502 worth today?

Last sold for AED 454,012 in 2016

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19 Jun 2025RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
1 Dec 2023RentedRenewal
AED 23,500/yr12 months · AED 55 per sqft
1 Dec 2022RentedRenewal
AED 23,500/yr12 months · AED 55 per sqft
1 Dec 2021RentedRenewal
AED 22,000/yr12 months · AED 51 per sqft
1 Dec 2020RentedNew contract
AED 21,000/yr12 months · AED 49 per sqft
21 Jan 2016Sold by developerOff-plan
AED 454,012AED 1,063 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 June 2025.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
15th of 16
Parking
BZ2M30
Developer
Deyaar
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 454K · January 2016
Building
Afnan 4

About 1502, Afnan 4

1502 is a studio of 427 sqft on the 15th floor of Afnan 4, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 21 January 2016 for AED 454,012, or AED 1,063 per sqft, in line with the AED 1,046 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 19 June 2025, is AED 45,000 a year: a gross yield of 9.9% on the 2016 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical studio in Afnan 4
400K2015201820212024Typical sale price by year: 2015 AED 451,291; 2016 AED 456,347; 2017 AED 498,729; 2019 AED 542,986; 2020 AED 501,764; 2021 AED 514,918; 2022 AED 270,000; 2023 AED 375,000; 2024 AED 447,500; 2025 AED 510,000Sold by developer, January 2016: AED 454,012 (AED 1,063 per sqft)

1502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, each contractTypical studio in Afnan 4
20K40K2020202220242026Typical rent by year: 2020 AED 23,000; 2021 AED 22,000; 2022 AED 25,000; 2023 AED 27,500; 2024 AED 34,000; 2025 AED 40,000; 2026 AED 48,625New contract, December 2020: AED 21,000 a yearRenewal, December 2021: AED 22,000 a yearRenewal, December 2022: AED 23,500 a yearRenewal, December 2023: AED 23,500 a yearNew contract, June 2025: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Afnan 4, and where 1502 sits

All 62 studios →

1502 last sold in January 2016 at AED 1,063 per sqft, in line with what studios in Afnan 4 were fetching at the time (AED 1,046). Over the last 12 months studios sold for AED 550,000 to 570,000, around AED 1,304 per sqft, and rent for AED 45,000 to 55,000 a year. 1502's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Dec 2025550,000
15 Dec 2025570,000
21 Jul 2025535,000
8 May 2025530,000
2 studio sales in the last 12 months

Afnan 4

Building

176 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 8 sold in the last 12 months.

Typical price per sqft
AED 1,199
Typical sale
AED 765K
Typical rent
AED 64K /yr
Typical yield
8.8%
Afnan 4, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 15th floor

All 176 units in Afnan 4
Value
1501StudioAED 496K · Jun 2021
15031-bedAED 717K · Aug 2019
15042-bedAED 934K · Dec 2015
1505StudioAED 500K · Sep 2020
1506StudioAED 522K · Dec 2020
1507StudioAED 455K · Dec 2015
1508StudioAED 570K · Dec 2025
1–7 of 11

1502, Afnan 4 in numbers

  • Sold once: by Deyaar on 21 January 2016 for AED 454,012, or AED 1,063 per sqft.
  • Rented since December 2020 on 5 Ejari contracts, from AED 21,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2016 price is 9.9%, before a service charge of about AED 7,100 a year (AED 16.58 per sqft).
  • Studios in Afnan 4 sold for AED 550,000–570,000 in the 12 months to November 2026; the building's median across all types is AED 1,199 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 June 2025.

Questions about 1502, Afnan 4

What did unit 1502 last sell for?

AED 454,012 on 21 January 2016, sold by the developer: AED 1,063 per sqft for 427 sqft. It is the only registered sale of the unit.

What is the rent for unit 1502?

AED 45,000 a year on the contract signed on 19 June 2025. The previous contract, from December 2023, was AED 23,500; the unit has been rented since December 2020.

How big is unit 1502?

427 sqft (39.7 sqm): a studio on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Afnan 4 sold for AED 550,000 to 570,000 in the last 12 months, around AED 1,304 per sqft.

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Mortgage on 1502, Afnan 4

Starts from the last sale price (AED 454K, 21 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 454,012
Deposit, UAE resident (20%)
AED 90,802
Deposit, non-resident (40%)
AED 181,605
Monthly over 25 years at 3.7%
AED 1,858

Plus AED 21,978 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →