2-bed · 1,083 sqftAfnan 5, Dubai Production City (IMPZ) · 3rd floor · completed 2019

304, Afnan 5

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 1.08M26 November 2019
Current rentAED 35K /yr12 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Afnan 5

What is 304 worth today?

Last sold for AED 1,078,440 in 2019

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12 Nov 2024RentedNew contract
AED 35,000/yr12 months · AED 32 per sqft
26 Nov 2019Sold by developerOff-plan
AED 1,078,440AED 995 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2024.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
3rd of 7
Parking
BZ2B13
Developer
Deyaar
Completed
2019
Service charge
AED 18,000 /yr
Last sold
AED 1.08M · November 2019
Building
Afnan 5

About 304, Afnan 5

304 is a two-bedroom apartment of 1,083 sqft on the 3rd floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 26 November 2019 for AED 1,078,440, or AED 995 per sqft, in line with the AED 995 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 November 2024. The current contract, signed on 12 November 2024, is AED 35,000 a year: a gross yield of 3.3% on the 2019 price, before the service charge of about AED 18,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, November 2019: AED 1,078,440 (AED 995 per sqft)

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

Rents
Unit 304, 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, November 2024: AED 35,000 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 304 sits

All 105 2-beds →

304 last sold in November 2019 at AED 995 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 995). 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. 304's AED 35,000 is at the bottom 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 3rd floor

All 147 units in Afnan 5
Value
3012-bedAED 1.13M · Aug 2023
3022-bedAED 1.07M · Aug 2022
3032-bedAED 1.11M · Jan 2024
3051-bedAED 805K · Jan 2026
3062-bedAED 1.15M · Aug 2024
3072-bedAED 1.13M · Dec 2015
3082-bedAED 1.08M · Feb 2017
1–7 of 20

304, Afnan 5 in numbers

  • Sold once: by Deyaar on 26 November 2019 for AED 1,078,440, or AED 995 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 3.3%, before a service charge of about AED 18,000 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 12 November 2024.

Questions about 304, Afnan 5

What did unit 304 last sell for?

AED 1,078,440 on 26 November 2019, sold by the developer: AED 995 per sqft for 1,083 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 35,000 a year on the contract signed on 12 November 2024.

How big is unit 304?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2019.

What is unit 304 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 304, Afnan 5

Starts from the last sale price (AED 1.08M, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,078,440
Deposit, UAE resident (20%)
AED 215,688
Deposit, non-resident (40%)
AED 431,376
Monthly over 25 years at 3.7%
AED 4,412

Plus AED 50,305 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →