2-bed · 1,196 sqftAfnan 5, Dubai Production City (IMPZ) · 1st floor · completed 2019

120, Afnan 5

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 980K13 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 120, Afnan 5

What is 120 worth today?

Last sold for AED 980,000 in 2023

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13 Nov 2023SoldReady
AED 980,000AED 819 per sqft
15 Dec 2015Sold by developerOff-plan
AED 1,047,489AED 875 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2023.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
1st of 7
Parking
BZ2D10
Developer
Deyaar
Completed
2019
Service charge
AED 19,800 /yr
Last sold
AED 980K · November 2023
Building
Afnan 5

About 120, Afnan 5

120 is a two-bedroom apartment of 1,196 sqft on the 1st floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 13 November 2023 for AED 980,000, or AED 819 per sqft, 5% below the AED 859 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 120 over time

Sales
Unit 120, 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 1,047,489 (AED 875 per sqft)Sold, November 2023: AED 980,000 (AED 819 per sqft)

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

Rents
Unit 120, 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 110,000

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 120 sits

All 105 2-beds →

120 last sold in November 2023 at AED 819 per sqft, 5% below what two-beds in Afnan 5 were fetching at the time (AED 859). 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.

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

120, Afnan 5 in numbers

  • Sold twice: first on 15 December 2015 for AED 1,047,489, last on 13 November 2023 for AED 980,000 (AED 819 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 13 November 2023.

Questions about 120, Afnan 5

What did unit 120 last sell for?

AED 980,000 on 13 November 2023: AED 819 per sqft for 1,196 sqft. The unit has 2 registered sales; the first was AED 1,047,489 in December 2015.

How big is unit 120?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2019.

What is unit 120 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 120, Afnan 5

Starts from the last sale price (AED 980K, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

Plus AED 46,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →