2-bed · 1,083 sqftAfnan 5, Dubai Production City (IMPZ) · 7th floor · completed 2019

704, Afnan 5

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 960K2 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Afnan 5

What is 704 worth today?

Last sold for AED 960,000 in 2023

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2 Nov 2023SoldReady
AED 960,000AED 886 per sqft
19 Jan 2016Sold by developerOff-plan
AED 1,123,175AED 1,036 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 November 2023.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
7th of 7
Parking
BZ2A13
Developer
Deyaar
Completed
2019
Service charge
AED 18,000 /yr
Last sold
AED 960K · November 2023
Building
Afnan 5

About 704, Afnan 5

704 is a two-bedroom apartment of 1,083 sqft on the 7th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 2 November 2023 for AED 960,000, or AED 886 per sqft, in line with the AED 868 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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 1,123,175 (AED 1,036 per sqft)Sold, November 2023: AED 960,000 (AED 886 per sqft)

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

Rents
Unit 704, 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 110,000

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 704 sits

All 105 2-beds →

704 last sold in November 2023 at AED 886 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 868). 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.

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 7th floor

All 147 units in Afnan 5
Value
7012-bedAED 1.25M · Oct 2024
7022-bedAED 820K · Mar 2023
7032-bedAED 1.05M · Apr 2024
7051-bedAED 916K · Jan 2023
7063-bedAED 1.54M · Nov 2016
7073-bedAED 1.52M · Dec 2022
7081-bedAED 916K · Jan 2023
1–7 of 11

704, Afnan 5 in numbers

  • Sold twice: first on 19 January 2016 for AED 1,123,175, last on 2 November 2023 for AED 960,000 (AED 886 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 2 November 2023.

Questions about 704, Afnan 5

What did unit 704 last sell for?

AED 960,000 on 2 November 2023: AED 886 per sqft for 1,083 sqft. The unit has 2 registered sales; the first was AED 1,123,175 in January 2016.

How big is unit 704?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2019.

What is unit 704 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 704, Afnan 5

Starts from the last sale price (AED 960K, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

Plus AED 45,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →