3-bed · 1,673 sqftAfnan 5, Dubai Production City (IMPZ) · 5th floor · completed 2019

514, Afnan 5

Sold prices and rental history: sold twice, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 1.8M30 December 2024
Current rentAED 115K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Afnan 5

What is 514 worth today?

Last sold for AED 1,800,000 in 2024

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30 Dec 2024SoldReady
AED 1,800,000AED 1,076 per sqft
1 Jun 2024RentedRenewal
AED 115,000/yr12 months · AED 69 per sqft
22 May 2023RentedNew contract
AED 115,000/yr12 months · AED 69 per sqft
12 Mar 2022RentedNew contract
AED 86,000/yr12 months · AED 52 per sqft
22 Aug 2017Sold by developerOff-plan
AED 1,535,489AED 917 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 December 2024.

Key facts

Type
3-bed apartment
Size
1,673 sqft
Floor
5th of 7
Parking
BZ2C20 , BZ2C21
Developer
Deyaar
Completed
2019
Service charge
AED 27,700 /yr
Last sold
AED 1.8M · December 2024
Building
Afnan 5

About 514, Afnan 5

514 is a three-bedroom apartment of 1,673 sqft on the 5th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 30 December 2024 for AED 1,800,000, or AED 1,076 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 115,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 27,700 a year.

Sales and rents for 514 over time

Rents
Unit 514, each contractTypical three-bed in Afnan 5
80K100K120K20222023202420252026Typical rent by year: 2022 AED 77,308; 2023 AED 110,000; 2024 AED 112,500; 2025 AED 110,000New contract, March 2022: AED 86,000 a yearNew contract, May 2023: AED 115,000 a yearRenewal, June 2024: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Afnan 5, and where 514 sits

All 9 3-beds →

Over the last 12 months three-beds sold for AED 2,000,000, around AED 1,197 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Dec 20221,519,402
7 Jul 20221,290,000
11 Jul 20211,519,402
1 Jun 20211,488,764
1 3-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
5032-bedAED 1.09M · Jan 2016
5042-bedAED 950K · Sep 2023
5051-bedAED 757K · Feb 2016
5062-bedAED 1.15M · Jan 2023
5073-bedAED 1.49M · May 2018
1–7 of 20

514, Afnan 5 in numbers

  • Sold twice: first on 22 August 2017 for AED 1,535,489, last on 30 December 2024 for AED 1,800,000 (AED 1,076 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 86,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 27,700 a year (AED 16.58 per sqft).
  • Three-beds in Afnan 5 sold for AED 2,000,000–2,000,000 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 30 December 2024.

Questions about 514, Afnan 5

What did unit 514 last sell for?

AED 1,800,000 on 30 December 2024: AED 1,076 per sqft for 1,673 sqft. The unit has 2 registered sales; the first was AED 1,535,489 in August 2017.

What is the rent for unit 514?

AED 115,000 a year on the contract renewed on 1 June 2024. The previous contract, from May 2023, was AED 115,000; the unit has been rented since March 2022.

How big is unit 514?

1,673 sqft (155.4 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Afnan 5 sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on 514, Afnan 5

Starts from the last sale price (AED 1.8M, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →