Studio · 433 sqftAfnan 1, Dubai Production City (IMPZ) · 10th floor · completed 2019

1005, Afnan 1

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 30 October 2023
Last soldAED 435K30 October 2023
Current rentAED 27K /yr22 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Afnan 1

What is 1005 worth today?

Last sold for AED 435,000 in 2023

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30 Oct 2023SoldReady
AED 435,000AED 1,005 per sqft
22 Oct 2022RentedNew contract
AED 27,000/yr12 months · AED 62 per sqft
25 May 2022SoldReady
AED 275,000AED 635 per sqft
1 Sep 2021RentedRenewal
AED 21,000/yr12 months · AED 49 per sqft
1 Sep 2020RentedNew contract
AED 21,000/yr12 months · AED 49 per sqft
29 Nov 2015Sold by developerOff-plan
AED 420,710AED 972 per sqft

Source: Dubai Land Department. Updated 30 October 2023.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
10th of 16
Parking
GZ2I06
Developer
Deyaar
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 435K · October 2023
Building
Afnan 1

About 1005, Afnan 1

1005 is a studio of 433 sqft on the 10th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 30 October 2023 for AED 435,000, or AED 1,005 per sqft, 14% above the AED 884 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 22 October 2022, is AED 27,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical studio in Afnan 1
400K600K20152018202120242027Typical sale price by year: 2015 AED 422,784; 2016 AED 422,784; 2019 AED 350,000; 2021 AED 486,005; 2022 AED 275,000; 2023 AED 395,000; 2024 AED 450,000; 2025 AED 510,000; 2026 AED 560,000Sold by developer, November 2015: AED 420,710 (AED 972 per sqft)Sold, May 2022: AED 275,000 (AED 635 per sqft)Sold, October 2023: AED 435,000 (AED 1,005 per sqft)

1005 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1005, each contractTypical studio in Afnan 1
20K40K2020202220242026Typical rent by year: 2020 AED 23,000; 2021 AED 22,000; 2022 AED 25,200; 2023 AED 28,000; 2024 AED 35,000; 2025 AED 45,000; 2026 AED 43,935New contract, September 2020: AED 21,000 a yearRenewal, September 2021: AED 21,000 a yearNew contract, October 2022: AED 27,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Afnan 1, and where 1005 sits

All 65 studios →

1005 last sold in October 2023 at AED 1,005 per sqft, 14% above what studios in Afnan 1 were fetching at the time (AED 884). Over the last 12 months studios sold for AED 520,000 to 600,000, around AED 1,294 per sqft, and rent for AED 25,000 to 60,000 a year. 1005's AED 27,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 May 2026520,000
24 Apr 2026525,000
25 Mar 2026595,000
5 Mar 2026600,000
6 studio sales in the last 12 months

Afnan 1

Building

176 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 17 sold in the last 12 months.

Typical price per sqft
AED 1,222 Up 6.8%
Typical sale
AED 775K
Typical rent
AED 55K /yr
Typical yield
7.8%
Afnan 1, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 10th floor

All 176 units in Afnan 1
Value
1001StudioAED 452K · Dec 2016
1002StudioAED 250K · Aug 2022
10031-bedAED 685K · Sep 2024
10042-bedAED 1.3M · Mar 2026
1006StudioAED 520K · May 2026
1007StudioAED 390K · May 2023
1008StudioAED 525K · Apr 2026
1–7 of 11

1005, Afnan 1 in numbers

  • Sold 3 times: first on 29 November 2015 for AED 420,710, last on 30 October 2023 for AED 435,000 (AED 1,005 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 21,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 7,200 a year (AED 16.58 per sqft).
  • Studios in Afnan 1 sold for AED 520,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 1,222 per sqft.

Source: Dubai Land Department. Updated 30 October 2023.

Questions about 1005, Afnan 1

What did unit 1005 last sell for?

AED 435,000 on 30 October 2023: AED 1,005 per sqft for 433 sqft. The unit has 3 registered sales; the first was AED 420,710 in November 2015.

What is the rent for unit 1005?

AED 27,000 a year on the contract signed on 22 October 2022. The previous contract, from September 2021, was AED 21,000; the unit has been rented since September 2020.

How big is unit 1005?

433 sqft (40.2 sqm): a studio on the 10th floor of a 16-storey tower completed in 2019.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Afnan 1 sold for AED 520,000 to 600,000 in the last 12 months, around AED 1,294 per sqft.

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Mortgage on 1005, Afnan 1

Starts from the last sale price (AED 435K, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →