2-bed · 1,463 sqftAfnan 5, Dubai Production City (IMPZ) · 1st floor · completed 2019

115, Afnan 5

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

Unit 115 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 1.21M21 December 2015
Current rentAED 110K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Afnan 5

What is 115 worth today?

Last sold for AED 1,208,037 in 2015

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15 Jan 2025RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
10 Apr 2023RentedNew contract
AED 72,000/yr12 months · AED 49 per sqft
1 Aug 2022RentedRenewal
AED 66,267/yr8 months · AED 45 per sqft
1 May 2022RentedRenewal
AED 58,000/yr3 months · AED 40 per sqft
1 Apr 2021RentedRenewal
AED 50,769/yr13 months · AED 35 per sqft
1 Apr 2020RentedNew contract
AED 55,000/yr12 months · AED 38 per sqft
21 Dec 2015Sold by developerOff-plan
AED 1,208,037AED 825 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2025.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
1st of 7
Parking
BZ2D07
Developer
Deyaar
Completed
2019
Service charge
AED 24,300 /yr
Last sold
AED 1.21M · December 2015
Building
Afnan 5

About 115, Afnan 5

115 is a two-bedroom apartment of 1,463 sqft on the 1st floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 21 December 2015 for AED 1,208,037, or AED 825 per sqft, 10% below the AED 916 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 January 2025, is AED 110,000 a year: a gross yield of 9.1% on the 2015 price, before the service charge of about AED 24,300 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical two-bed in Afnan 5
1M1.2M2015201820212024Typical sale price by year: 2015 AED 1,017,644; 2016 AED 1,041,887; 2017 AED 1,086,567; 2018 AED 1,050,335; 2019 AED 1,078,440; 2020 AED 1,056,161; 2021 AED 1,085,649; 2022 AED 1,202,636; 2023 AED 980,000; 2024 AED 1,160,567; 2025 AED 1,277,500Sold by developer, December 2015: AED 1,208,037 (AED 825 per sqft)

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

Rents
Unit 115, each contractTypical two-bed in Afnan 5
50K100K2020202220242026Typical rent by year: 2020 AED 53,000; 2021 AED 51,385; 2022 AED 56,350; 2023 AED 60,500; 2024 AED 77,393; 2025 AED 95,000; 2026 AED 110,000New contract, April 2020: AED 55,000 a yearRenewal, April 2021: AED 50,769 a yearRenewal, May 2022: AED 58,000 a yearRenewal, August 2022: AED 66,267 a yearNew contract, April 2023: AED 72,000 a yearNew contract, January 2025: AED 110,000 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 5, and where 115 sits

All 105 2-beds →

115 last sold in December 2015 at AED 825 per sqft, 10% below what two-beds in Afnan 5 were fetching at the time (AED 916). Over the last 12 months two-beds sold for AED 1,385,000, around AED 1,260 per sqft, and rent for AED 95,000 to 122,000 a year. 115's AED 110,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jan 20261,385,000
11 Jul 20251,200,000
30 Jun 20251,390,000
19 Jun 20251,275,000
1 2-bed sale in the last 12 months

Afnan 5

Building

147 apartments, 1-bed to 3-bed over 7 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 3 sold in the last 12 months.

Typical price per sqft
AED 1,197
Typical sale
AED 1.39M
Typical rent
AED 101K /yr
Typical yield
7.8%
Afnan 5, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 1st floor

All 147 units in Afnan 5
Value
1012-bedAED 1.05M · Mar 2023
1022-bedAED 1.16M · Mar 2017
1032-bedAED 1.04M · Jul 2018
1042-bedAED 1.05M · Jul 2020
1051-bedAED 788K · Mar 2017
1061-bedAED 945K · Jul 2024
1072-bedAED 1.36M · Aug 2024
1–7 of 20

115, Afnan 5 in numbers

  • Sold once: by Deyaar on 21 December 2015 for AED 1,208,037, or AED 825 per sqft.
  • Rented since April 2020 on 6 Ejari contracts, from AED 55,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2015 price is 9.1%, before a service charge of about AED 24,300 a year (AED 16.58 per sqft).
  • Two-beds in Afnan 5 sold for AED 1,385,000–1,385,000 in the 12 months to November 2026; the building's median across all types is AED 1,197 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2025.

Questions about 115, Afnan 5

What did unit 115 last sell for?

AED 1,208,037 on 21 December 2015, sold by the developer: AED 825 per sqft for 1,463 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 110,000 a year on the contract signed on 15 January 2025. The previous contract, from April 2023, was AED 72,000; the unit has been rented since April 2020.

How big is unit 115?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2019.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Afnan 5 sold for AED 1,385,000 to 1,385,000 in the last 12 months, around AED 1,260 per sqft.

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Mortgage on 115, Afnan 5

Starts from the last sale price (AED 1.21M, 21 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,208,037
Deposit, UAE resident (20%)
AED 241,607
Deposit, non-resident (40%)
AED 483,215
Monthly over 25 years at 3.7%
AED 4,942

Plus AED 55,747 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →