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

521, Afnan 5

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

Unit 521 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 1.01M31 January 2016
Current rentAED 95K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 521, Afnan 5

What is 521 worth today?

Last sold for AED 1,007,687 in 2016

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5 Feb 2024RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft
1 May 2021RentedNew contract
AED 55,000/yr13 months · AED 50 per sqft
31 Jan 2016Sold by developerOff-plan
AED 1,007,687AED 917 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 February 2024.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
5th of 7
Parking
BZ2A38
Developer
Deyaar
Completed
2019
Service charge
AED 18,200 /yr
Last sold
AED 1.01M · January 2016
Building
Afnan 5

About 521, Afnan 5

521 is a two-bedroom apartment of 1,098 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 31 January 2016 for AED 1,007,687, or AED 917 per sqft, in line with the AED 919 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 5 February 2024, is AED 95,000 a year: a gross yield of 9.4% on the 2016 price, before the service charge of about AED 18,200 a year.

Sales and rents for 521 over time

Sales
Unit 521, 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 1,007,687 (AED 917 per sqft)

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

Rents
Unit 521, 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 55,000 a yearNew contract, February 2024: AED 95,000 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 521 sits

All 105 2-beds →

521 last sold in January 2016 at AED 917 per sqft, in line with 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. 521's AED 95,000 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
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

521, Afnan 5 in numbers

  • Sold once: by Deyaar on 31 January 2016 for AED 1,007,687, or AED 917 per sqft.
  • Rented since May 2021 on 2 Ejari contracts, from AED 55,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2016 price is 9.4%, 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 5 February 2024.

Questions about 521, Afnan 5

What did unit 521 last sell for?

AED 1,007,687 on 31 January 2016, sold by the developer: AED 917 per sqft for 1,098 sqft. It is the only registered sale of the unit.

What is the rent for unit 521?

AED 95,000 a year on the contract signed on 5 February 2024. The previous contract, from May 2021, was AED 55,000.

How big is unit 521?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 521 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 521, Afnan 5

Starts from the last sale price (AED 1.01M, 31 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,007,687
Deposit, UAE resident (20%)
AED 201,537
Deposit, non-resident (40%)
AED 403,075
Monthly over 25 years at 3.7%
AED 4,123

Plus AED 47,332 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →