Home
Dubai prices
About
Research
2-bed · 1,044 sqftAfnan 5, Dubai Production City (IMPZ) · 4th floor · completed 2019

403, Afnan 5

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.08M12 January 2016
Current rentAED 63K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Afnan 5

What is 403 worth today?

Last sold for AED 1,082,310 in 2016

Unlock today's estimate, updated daily, with

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

15 Jul 2024RentedRenewal
AED 63,000/yr12 months · AED 60 per sqft
15 Jul 2023RentedRenewal
AED 60,000/yr12 months · AED 57 per sqft
15 Jul 2022RentedNew contract
AED 52,500/yr12 months · AED 50 per sqft
15 Jul 2021RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
12 Jan 2016Sold by developerOff-plan
AED 1,082,310AED 1,037 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,044 sqft
Floor
4th of 7
Parking
BZ2B18
Developer
Deyaar
Completed
2019
Service charge
AED 17,300 /yr
Last sold
AED 1.08M · January 2016
Building
Afnan 5

About 403, Afnan 5

403 is a two-bedroom apartment of 1,044 sqft on the 4th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 12 January 2016 for AED 1,082,310, or AED 1,037 per sqft, 13% above the AED 919 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 63,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 17,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, January 2016: AED 1,082,310 (AED 1,037 per sqft)

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

Rents
Unit 403, 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 110,000Renewal, July 2021: AED 50,000 a yearNew contract, July 2022: AED 52,500 a yearRenewal, July 2023: AED 60,000 a yearRenewal, July 2024: AED 63,000 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 403 sits

All 105 2-beds →

403 last sold in January 2016 at AED 1,037 per sqft, 13% above what two-beds in Afnan 5 were fetching at the time (AED 919). 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. 403's AED 63,000 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 4th floor

All 147 units in Afnan 5
Value
401AED 1.3M · Sep 2025
4022-bedAED 1.39M · Jun 2025
4042-bedAED 1.08M · Mar 2019
4051-bedAED 810K · Jul 2025
4062-bedAED 1.05M · Jan 2021
4072-bedAED 1.09M · May 2021
4082-bedAED 1.09M · Mar 2017
1–7 of 20

403, Afnan 5 in numbers

  • Sold once: by Deyaar on 12 January 2016 for AED 1,082,310, or AED 1,037 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 50,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 17,300 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 July 2024.

Questions about 403, Afnan 5

What did unit 403 last sell for?

AED 1,082,310 on 12 January 2016, sold by the developer: AED 1,037 per sqft for 1,044 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 63,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 60,000; the unit has been rented since July 2021.

How big is unit 403?

1,044 sqft (97.0 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 403 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.

Selling 403? 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 403, Afnan 5

Starts from the last sale price (AED 1.08M, 12 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,082,310
Deposit, UAE resident (20%)
AED 216,462
Deposit, non-resident (40%)
AED 432,924
Monthly over 25 years at 3.7%
AED 4,428

Plus AED 50,467 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →