2-bed · 1,043 sqftAfnan 5, Dubai Production City (IMPZ) · Ground floor · completed 2019

M06, Afnan 5

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M06 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 1.05M27 November 2019
Current rentAED 72K /yr31 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M06, Afnan 5

What is M06 worth today?

Last sold for AED 1,046,461 in 2019

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31 Jul 2024RentedRenewal
AED 72,000/yr12 months · AED 70 per sqft
31 Jul 2023RentedRenewal
AED 60,000/yr12 months · AED 57 per sqft
31 Jul 2022RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
31 Jul 2021RentedRenewal
AED 48,000/yr12 months · AED 46 per sqft
27 Nov 2019Sold by developerOff-plan
AED 1,046,461AED 1,003 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2024.

Key facts

Type
2-bed apartment
Size
1,043 sqft
Floor
Ground of 7
Parking
BZ2A17
Developer
Deyaar
Completed
2019
Service charge
AED 17,300 /yr
Last sold
AED 1.05M · November 2019
Building
Afnan 5

About M06, Afnan 5

M06 is a two-bedroom apartment of 1,043 sqft on the ground floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 27 November 2019 for AED 1,046,461, or AED 1,003 per sqft, in line with the AED 995 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 31 July 2024, is AED 72,000 a year: a gross yield of 6.9% on the 2019 price, before the service charge of about AED 17,300 a year.

Sales and rents for M06 over time

Sales
Unit M06, 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, November 2019: AED 1,046,461 (AED 1,003 per sqft)

M06 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit M06, 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 110,000Renewal, July 2021: AED 48,000 a yearRenewal, July 2022: AED 55,000 a yearRenewal, July 2023: AED 60,000 a yearRenewal, July 2024: AED 72,000 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 M06 sits

All 105 2-beds →

M06 last sold in November 2019 at AED 1,003 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 995). 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. M06's AED 72,000 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 ground floor

All 147 units in Afnan 5
Value
M012-bedAED 1.05M · Jun 2024
M022-bedAED 1.23M · Sep 2022
M031-bedAED 795K · Apr 2025
M041-bedAED 900K · Mar 2023
M052-bedAED 1.07M · Nov 2019
M071-bedAED 765K · Jul 2020
M082-bedAED 1.14M · Dec 2023
1–7 of 8

M06, Afnan 5 in numbers

  • Sold once: by Deyaar on 27 November 2019 for AED 1,046,461, or AED 1,003 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 48,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 6.9%, before a service charge of about AED 17,300 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 31 July 2024.

Questions about M06, Afnan 5

What did unit M06 last sell for?

AED 1,046,461 on 27 November 2019, sold by the developer: AED 1,003 per sqft for 1,043 sqft. It is the only registered sale of the unit.

What is the rent for unit M06?

AED 72,000 a year on the contract renewed on 31 July 2024. The previous contract, from July 2023, was AED 60,000; the unit has been rented since July 2021.

How big is unit M06?

1,043 sqft (96.9 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower completed in 2019.

What is unit M06 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 M06, Afnan 5

Starts from the last sale price (AED 1.05M, 27 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,046,461
Deposit, UAE resident (20%)
AED 209,292
Deposit, non-resident (40%)
AED 418,584
Monthly over 25 years at 3.7%
AED 4,281

Plus AED 48,961 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →