2-bed · 1,134 sqftAfnan 5, Dubai Production City (IMPZ) · 6th floor · completed 2019

602, Afnan 5

Sold prices and rental history: sold twice, last in December 2023, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 1.01M22 December 2023
Current rentAED 54K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Afnan 5

What is 602 worth today?

Last sold for AED 1,005,000 in 2023

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22 Dec 2023SoldReady
AED 1,005,000AED 885 per sqft
1 Aug 2020RentedNew contract
AED 54,000/yr12 months · AED 48 per sqft
19 Jan 2016Sold by developerOff-plan
AED 1,079,013AED 951 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2023.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
6th of 7
Parking
BZ2A06
Developer
Deyaar
Completed
2019
Service charge
AED 18,800 /yr
Last sold
AED 1.01M · December 2023
Building
Afnan 5

About 602, Afnan 5

602 is a two-bedroom apartment of 1,134 sqft on the 6th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 22 December 2023 for AED 1,005,000, or AED 885 per sqft, in line with the AED 877 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2020. The current contract, signed on 1 August 2020, is AED 54,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 18,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 1,079,013 (AED 951 per sqft)Sold, December 2023: AED 1,005,000 (AED 885 per sqft)

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

Rents
Unit 602, 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 2020: AED 54,000 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 602 sits

All 105 2-beds →

602 last sold in December 2023 at AED 885 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 877). 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. 602's AED 54,000 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 6th floor

All 147 units in Afnan 5
Value
6012-bedAED 1.07M · Oct 2016
6032-bedAED 1.04M · Feb 2016
6042-bedAED 1.09M · Oct 2019
6051-bedAED 779K · Aug 2021
6062-bedAED 1.35M · Aug 2024
6073-bedAED 1.61M · Mar 2017
6083-bedAED 1.56M · Feb 2021
1–7 of 20

602, Afnan 5 in numbers

  • Sold twice: first on 19 January 2016 for AED 1,079,013, last on 22 December 2023 for AED 1,005,000 (AED 885 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 18,800 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 22 December 2023.

Questions about 602, Afnan 5

What did unit 602 last sell for?

AED 1,005,000 on 22 December 2023: AED 885 per sqft for 1,134 sqft. The unit has 2 registered sales; the first was AED 1,079,013 in January 2016.

What is the rent for unit 602?

AED 54,000 a year on the contract signed on 1 August 2020.

How big is unit 602?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2019.

What is unit 602 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 602, Afnan 5

Starts from the last sale price (AED 1.01M, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,005,000
Deposit, UAE resident (20%)
AED 201,000
Deposit, non-resident (40%)
AED 402,000
Monthly over 25 years at 3.7%
AED 4,112

Plus AED 47,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →