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2-bed · 1,078 sqftAfnan 5, Dubai Production City (IMPZ) · 4th floor · completed 2019

409, Afnan 5

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 1.03M20 October 2019
Current rentAED 57K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Afnan 5

What is 409 worth today?

Last sold for AED 1,034,028 in 2019

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10 Aug 2023RentedRenewal
AED 56,700/yr12 months · AED 53 per sqft
10 Aug 2022RentedRenewal
AED 54,000/yr12 months · AED 50 per sqft
10 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
20 Oct 2019Sold by developerOff-plan
AED 1,034,028AED 959 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2023.

Key facts

Type
2-bed apartment
Size
1,078 sqft
Floor
4th of 7
Parking
BZ2C05
Developer
Deyaar
Completed
2019
Service charge
AED 17,900 /yr
Last sold
AED 1.03M · October 2019
Building
Afnan 5

About 409, Afnan 5

409 is a two-bedroom apartment of 1,078 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 20 October 2019 for AED 1,034,028, or AED 959 per sqft, 3% below the AED 991 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 10 August 2023, is AED 56,700 a year: a gross yield of 5.5% on the 2019 price, before the service charge of about AED 17,900 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, October 2019: AED 1,034,028 (AED 959 per sqft)

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

Rents
Unit 409, 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, August 2021: AED 50,000 a yearRenewal, August 2022: AED 54,000 a yearRenewal, August 2023: AED 56,700 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 409 sits

All 105 2-beds →

409 last sold in October 2019 at AED 959 per sqft, 3% below what two-beds in Afnan 5 were fetching at the time (AED 991). 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. 409's AED 56,700 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
4032-bedAED 1.08M · Jan 2016
4042-bedAED 1.08M · Mar 2019
4051-bedAED 810K · Jul 2025
4062-bedAED 1.05M · Jan 2021
4072-bedAED 1.09M · May 2021
1–7 of 20

409, Afnan 5 in numbers

  • Sold once: by Deyaar on 20 October 2019 for AED 1,034,028, or AED 959 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 50,000 to AED 56,700 a year.
  • At AED 56,700 a year the gross yield on the 2019 price is 5.5%, before a service charge of about AED 17,900 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 10 August 2023.

Questions about 409, Afnan 5

What did unit 409 last sell for?

AED 1,034,028 on 20 October 2019, sold by the developer: AED 959 per sqft for 1,078 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 56,700 a year on the contract renewed on 10 August 2023. The previous contract, from August 2022, was AED 54,000; the unit has been rented since August 2021.

How big is unit 409?

1,078 sqft (100.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 409 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 409, Afnan 5

Starts from the last sale price (AED 1.03M, 20 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,034,028
Deposit, UAE resident (20%)
AED 206,806
Deposit, non-resident (40%)
AED 413,611
Monthly over 25 years at 3.7%
AED 4,231

Plus AED 48,439 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →