2-bed · 1,059 sqftAfnan 5, Dubai Production City (IMPZ) · 6th floor · completed 2019

612, Afnan 5

Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.03M13 February 2017
Current rentAED 65K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Afnan 5

What is 612 worth today?

Last sold for AED 1,027,087 in 2017

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1 Feb 2024RentedRenewal
AED 65,000/yr12 months · AED 61 per sqft
1 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 61 per sqft
13 Feb 2017Sold by developerOff-plan
AED 1,027,087AED 970 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,059 sqft
Floor
6th of 7
Parking
BZ2C16
Developer
Deyaar
Completed
2019
Service charge
AED 17,600 /yr
Last sold
AED 1.03M · February 2017
Building
Afnan 5

About 612, Afnan 5

612 is a two-bedroom apartment of 1,059 sqft on the 6th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 13 February 2017 for AED 1,027,087, or AED 970 per sqft, in line with the AED 974 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 65,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 17,600 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, February 2017: AED 1,027,087 (AED 970 per sqft)

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

Rents
Unit 612, 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, February 2023: AED 65,000 a yearRenewal, February 2024: AED 65,000 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 612 sits

All 105 2-beds →

612 last sold in February 2017 at AED 970 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 974). 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. 612's AED 65,000 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
6022-bedAED 1.01M · Dec 2023
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
1–7 of 20

612, Afnan 5 in numbers

  • Sold once: by Deyaar on 13 February 2017 for AED 1,027,087, or AED 970 per sqft.
  • Rented since February 2023 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 17,600 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 1 February 2024.

Questions about 612, Afnan 5

What did unit 612 last sell for?

AED 1,027,087 on 13 February 2017, sold by the developer: AED 970 per sqft for 1,059 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 65,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 65,000.

How big is unit 612?

1,059 sqft (98.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2019.

What is unit 612 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 612, Afnan 5

Starts from the last sale price (AED 1.03M, 13 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,027,087
Deposit, UAE resident (20%)
AED 205,417
Deposit, non-resident (40%)
AED 410,835
Monthly over 25 years at 3.7%
AED 4,202

Plus AED 48,147 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →