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2-bed · 1,044 sqftAfnan 5, Dubai Production City (IMPZ) · 5th floor · completed 2019

503, 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 503 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 1.09M21 January 2016
Current rentAED 85K /yr25 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Afnan 5

What is 503 worth today?

Last sold for AED 1,086,118 in 2016

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25 Feb 2025RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
4 Jul 2023RentedRenewal
AED 53,000/yr12 months · AED 51 per sqft
4 Jul 2022RentedRenewal
AED 48,000/yr12 months · AED 46 per sqft
4 Jul 2021RentedRenewal
AED 45,000/yr12 months · AED 43 per sqft
21 Jan 2016Sold by developerOff-plan
AED 1,086,118AED 1,040 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2025.

Key facts

Type
2-bed apartment
Size
1,044 sqft
Floor
5th of 7
Parking
BZ2A02
Developer
Deyaar
Completed
2019
Service charge
AED 17,300 /yr
Last sold
AED 1.09M · January 2016
Building
Afnan 5

About 503, Afnan 5

503 is a two-bedroom apartment of 1,044 sqft on the 5th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 21 January 2016 for AED 1,086,118, or AED 1,040 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, signed on 25 February 2025, is AED 85,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 17,300 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 1,086,118 (AED 1,040 per sqft)

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

Rents
Unit 503, 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 45,000 a yearRenewal, July 2022: AED 48,000 a yearRenewal, July 2023: AED 53,000 a yearNew contract, February 2025: AED 85,000 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 503 sits

All 105 2-beds →

503 last sold in January 2016 at AED 1,040 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. 503's AED 85,000 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 5th floor

All 147 units in Afnan 5
Value
5012-bedAED 1.09M · Apr 2021
5022-bedAED 975K · Jul 2023
5042-bedAED 950K · Sep 2023
5051-bedAED 757K · Feb 2016
5062-bedAED 1.15M · Jan 2023
5073-bedAED 1.49M · May 2018
5083-bedAED 1.29M · Jul 2022
1–7 of 20

503, Afnan 5 in numbers

  • Sold once: by Deyaar on 21 January 2016 for AED 1,086,118, or AED 1,040 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 45,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 7.8%, 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 25 February 2025.

Questions about 503, Afnan 5

What did unit 503 last sell for?

AED 1,086,118 on 21 January 2016, sold by the developer: AED 1,040 per sqft for 1,044 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 85,000 a year on the contract signed on 25 February 2025. The previous contract, from July 2023, was AED 53,000; the unit has been rented since July 2021.

How big is unit 503?

1,044 sqft (97.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 503 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 503, Afnan 5

Starts from the last sale price (AED 1.09M, 21 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,086,118
Deposit, UAE resident (20%)
AED 217,224
Deposit, non-resident (40%)
AED 434,447
Monthly over 25 years at 3.7%
AED 4,444

Plus AED 50,627 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →