2-bed · 1,043 sqftMesk 1, Dubai Production City (IMPZ) · 7th floor · completed 2022

708, Mesk 1

Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.19M25 September 2023
Current rentAED 95K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Mesk 1

What is 708 worth today?

Last sold for AED 1,192,588 in 2023

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15 Sep 2024RentedRenewal
AED 95,000/yr12 months · AED 91 per sqft
25 Sep 2023Sold by developerReady
AED 1,192,588AED 1,143 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
2-bed apartment
Size
1,043 sqft
Floor
7th of 16
Parking
GZ4E83
Developer
Deyaar
Completed
2022
Last sold
AED 1.19M · September 2023
Building
Mesk 1

About 708, Mesk 1

708 is a two-bedroom apartment of 1,043 sqft on the 7th floor of Mesk 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2022 by Deyaar. The developer sold it on 25 September 2023 for AED 1,192,588, or AED 1,143 per sqft, 12% above the AED 1,021 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2024. The current contract, renewed on 15 September 2024, is AED 95,000 a year: a gross yield of 8.0% on the 2023 price.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in Mesk 1
1.2M1.4M2023202420252026Typical sale price by year: 2023 AED 1,074,261; 2024 AED 1,295,000; 2025 AED 1,395,000Sold by developer, September 2023: AED 1,192,588 (AED 1,143 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Mesk 1
100K110K202420252026Typical rent by year: 2024 AED 97,500; 2025 AED 110,000Renewal, September 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 Mesk 1, and where 708 sits

All 47 2-beds →

708 last sold in September 2023 at AED 1,143 per sqft, 12% above what two-beds in Mesk 1 were fetching at the time (AED 1,021). Over the last 12 months two-beds sold for AED 1,490,000 to 1,710,000, around AED 1,429 per sqft, and rent for AED 121,380 to 122,000 a year. 708's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jan 20261,490,000
12 Dec 20251,710,000
1 Jul 20251,480,000
25 Jun 20251,420,000
2 2-bed sales in the last 12 months

Mesk 1

Building

104 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2022 by Deyaar. 5 sold in the last 12 months.

Typical price per sqft
AED 1,424
Typical sale
AED 1.05M
Typical rent
AED 101K /yr
Typical yield
7.1%
Mesk 1, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 7th floor

All 104 units in Mesk 1
Value
7012-bedAED 1.07M · May 2023
7022-bedAED 1.39M · May 2025
7031-bedAED 859K · Apr 2023
7041-bedAED 763K · May 2023
7051-bedAED 935K · May 2025
7061-bedAED 859K · Apr 2023
7072-bedAED 1.35M · Sep 2024

708, Mesk 1 in numbers

  • Sold once: by Deyaar on 25 September 2023 for AED 1,192,588, or AED 1,143 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 8.0%.
  • Two-beds in Mesk 1 sold for AED 1,490,000–1,710,000 in the 12 months to November 2026; the building's median across all types is AED 1,424 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Questions about 708, Mesk 1

What did unit 708 last sell for?

AED 1,192,588 on 25 September 2023, sold by the developer: AED 1,143 per sqft for 1,043 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 95,000 a year on the contract renewed on 15 September 2024.

How big is unit 708?

1,043 sqft (96.9 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mesk 1 sold for AED 1,490,000 to 1,710,000 in the last 12 months, around AED 1,429 per sqft.

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Mortgage on 708, Mesk 1

Starts from the last sale price (AED 1.19M, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,192,588
Deposit, UAE resident (20%)
AED 238,518
Deposit, non-resident (40%)
AED 477,035
Monthly over 25 years at 3.7%
AED 4,879

Plus AED 55,099 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →