2-bed · 969 sqftAfnan 4, Dubai Production City (IMPZ) · 15th floor · completed 2019

1504, Afnan 4

Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 934K15 December 2015
Current rentAED 65K /yr20 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Afnan 4

What is 1504 worth today?

Last sold for AED 933,556 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jan 2023RentedNew contract
AED 65,000/yr12 months · AED 67 per sqft
29 Nov 2021RentedRenewal
AED 40,615/yr13 months · AED 42 per sqft
29 Nov 2020RentedNew contract
AED 39,000/yr12 months · AED 40 per sqft
15 Dec 2015Sold by developerOff-plan
AED 933,556AED 963 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2023.

Key facts

Type
2-bed apartment
Size
969 sqft
Floor
15th of 16
Parking
BZ2H11
Developer
Deyaar
Completed
2019
Service charge
AED 16,100 /yr
Last sold
AED 934K · December 2015
Building
Afnan 4

About 1504, Afnan 4

1504 is a two-bedroom apartment of 969 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 15 December 2015 for AED 933,556, or AED 963 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 January 2023, is AED 65,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 16,100 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in Afnan 4
1M1.2M2015201820212024Typical sale price by year: 2016 AED 931,289; 2021 AED 968,681; 2025 AED 1,180,000Sold by developer, December 2015: AED 933,556 (AED 963 per sqft)

1504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in Afnan 4
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 46,500; 2022 AED 56,700; 2023 AED 57,000; 2024 AED 60,000; 2025 AED 82,500New contract, November 2020: AED 39,000 a yearRenewal, November 2021: AED 40,615 a yearNew contract, January 2023: AED 65,000 a year

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

2-beds in Afnan 4, and where 1504 sits

All 14 2-beds →

Over the last 12 months two-beds sold for AED 1,175,000, around AED 1,212 per sqft, and rent for AED 60,900 to 60,900 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
29 May 20251,180,000
6 May 20251,275,000
22 Jan 20251,100,000
30 Jul 20241,063,260
1 2-bed sale 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
1502StudioAED 454K · Jan 2016
15031-bedAED 717K · Aug 2019
1505StudioAED 500K · Sep 2020
1506StudioAED 522K · Dec 2020
1507StudioAED 455K · Dec 2015
1508StudioAED 570K · Dec 2025
1–7 of 11

1504, Afnan 4 in numbers

  • Sold once: by Deyaar on 15 December 2015 for AED 933,556, or AED 963 per sqft.
  • Rented since November 2020 on 3 Ejari contracts, from AED 39,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 16,100 a year (AED 16.58 per sqft).
  • Two-beds in Afnan 4 sold for AED 1,175,000–1,175,000 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 20 January 2023.

Questions about 1504, Afnan 4

What did unit 1504 last sell for?

AED 933,556 on 15 December 2015, sold by the developer: AED 963 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 65,000 a year on the contract signed on 20 January 2023. The previous contract, from November 2021, was AED 40,615; the unit has been rented since November 2020.

How big is unit 1504?

969 sqft (90.0 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Afnan 4 sold for AED 1,175,000 to 1,175,000 in the last 12 months, around AED 1,212 per sqft.

Selling 1504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1504, Afnan 4

Starts from the last sale price (AED 934K, 15 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 933,556
Deposit, UAE resident (20%)
AED 186,711
Deposit, non-resident (40%)
AED 373,422
Monthly over 25 years at 3.7%
AED 3,819

Plus AED 44,219 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →