Studio · 426 sqftAfnan 1, Dubai Production City (IMPZ) · 12th floor · completed 2019

1201, Afnan 1

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

Unit 1201 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 460K17 November 2021
Current rentAED 28K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Afnan 1

What is 1201 worth today?

Last sold for AED 459,544 in 2021

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15 Dec 2022RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
15 Dec 2021RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
17 Nov 2021Sold by developerReady
AED 459,544AED 1,079 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
12th of 16
Parking
GZ2F23
Developer
Deyaar
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 460K · November 2021
Building
Afnan 1

About 1201, Afnan 1

1201 is a studio of 426 sqft on the 12th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 17 November 2021 for AED 459,544, or AED 1,079 per sqft, in line with the AED 1,107 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 December 2022, is AED 28,000 a year: a gross yield of 6.1% on the 2021 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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 2021: AED 459,544 (AED 1,079 per sqft)

1201 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1201, 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, December 2021: AED 22,000 a yearNew contract, December 2022: AED 28,000 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 1201 sits

All 65 studios →

1201 last sold in November 2021 at AED 1,079 per sqft, in line with what studios in Afnan 1 were fetching at the time (AED 1,107). 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. 1201's AED 28,000 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 12th floor

All 176 units in Afnan 1
Value
1202StudioAED 445K · May 2024
12031-bedAED 800K · Jul 2025
12042-bedAED 928K · Oct 2021
1205StudioAED 443K · Dec 2015
1206StudioAED 448K · Dec 2015
1207StudioAED 427K · Mar 2016
1208StudioAED 422K · Dec 2015
1–7 of 11

1201, Afnan 1 in numbers

  • Sold once: by Deyaar on 17 November 2021 for AED 459,544, or AED 1,079 per sqft.
  • Rented since December 2021 on 2 Ejari contracts, from AED 22,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2021 price is 6.1%, before a service charge of about AED 7,100 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 15 December 2022.

Questions about 1201, Afnan 1

What did unit 1201 last sell for?

AED 459,544 on 17 November 2021, sold by the developer: AED 1,079 per sqft for 426 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 28,000 a year on the contract signed on 15 December 2022. The previous contract, from December 2021, was AED 22,000.

How big is unit 1201?

426 sqft (39.6 sqm): a studio on the 12th floor of a 16-storey tower completed in 2019.

What is unit 1201 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 1201, Afnan 1

Starts from the last sale price (AED 460K, 17 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 459,544
Deposit, UAE resident (20%)
AED 91,909
Deposit, non-resident (40%)
AED 183,818
Monthly over 25 years at 3.7%
AED 1,880

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