2-bed · 1,098 sqftAfnan 5, Dubai Production City (IMPZ) · 4th floor · completed 2019

407, Afnan 5

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

Unit 407 · DLD and Ejari recordsUpdated 28 July 2024
Last soldAED 1.09M23 May 2021
Current rentAED 98K /yr28 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Afnan 5

What is 407 worth today?

Last sold for AED 1,087,541 in 2021

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28 Jul 2024RentedNew contract
AED 98,000/yr12 months · AED 89 per sqft
15 May 2022RentedRenewal
AED 56,000/yr12 months · AED 51 per sqft
23 May 2021Sold by developerReady
AED 1,087,541AED 990 per sqft
15 May 2021RentedNew contract
AED 52,000/yr12 months · AED 47 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 July 2024.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
4th of 7
Parking
BZ2B21
Developer
Deyaar
Completed
2019
Service charge
AED 18,200 /yr
Last sold
AED 1.09M · May 2021
Building
Afnan 5

About 407, Afnan 5

407 is a two-bedroom apartment of 1,098 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 23 May 2021 for AED 1,087,541, or AED 990 per sqft, in line with the AED 973 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 28 July 2024, is AED 98,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 18,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, May 2021: AED 1,087,541 (AED 990 per sqft)

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

Rents
Unit 407, 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, May 2021: AED 52,000 a yearRenewal, May 2022: AED 56,000 a yearNew contract, July 2024: AED 98,000 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 407 sits

All 105 2-beds →

407 last sold in May 2021 at AED 990 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 973). 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. 407's AED 98,000 is in the lower 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 4th floor

All 147 units in Afnan 5
Value
401AED 1.3M · Sep 2025
4022-bedAED 1.39M · Jun 2025
4032-bedAED 1.08M · Jan 2016
4042-bedAED 1.08M · Mar 2019
4051-bedAED 810K · Jul 2025
4062-bedAED 1.05M · Jan 2021
4082-bedAED 1.09M · Mar 2017
1–7 of 20

407, Afnan 5 in numbers

  • Sold once: by Deyaar on 23 May 2021 for AED 1,087,541, or AED 990 per sqft.
  • Rented since May 2021 on 3 Ejari contracts, from AED 52,000 to AED 98,000 a year.
  • At AED 98,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 18,200 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 28 July 2024.

Questions about 407, Afnan 5

What did unit 407 last sell for?

AED 1,087,541 on 23 May 2021, sold by the developer: AED 990 per sqft for 1,098 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 98,000 a year on the contract signed on 28 July 2024. The previous contract, from May 2022, was AED 56,000; the unit has been rented since May 2021.

How big is unit 407?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 407 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 407, Afnan 5

Starts from the last sale price (AED 1.09M, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,087,541
Deposit, UAE resident (20%)
AED 217,508
Deposit, non-resident (40%)
AED 435,016
Monthly over 25 years at 3.7%
AED 4,449

Plus AED 50,687 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →