Studio · 433 sqftAfnan 1, Dubai Production City (IMPZ) · 12th floor · completed 2019

1208, Afnan 1

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 28 September 2025
Last soldAED 422K15 December 2015
Current rentAED 40K /yr28 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Afnan 1

What is 1208 worth today?

Last sold for AED 421,623 in 2015

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28 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 93 per sqft
28 Sep 2024RentedRenewal
AED 30,360/yr12 months · AED 71 per sqft
28 Sep 2023RentedRenewal
AED 25,300/yr12 months · AED 59 per sqft
28 Sep 2022RentedNew contract
AED 23,000/yr12 months · AED 53 per sqft
28 Sep 2021RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
20 Jun 2020RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
15 Dec 2015Sold by developerOff-plan
AED 421,623AED 974 per sqft

Source: Dubai Land Department. Updated 28 September 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
12th of 16
Parking
GZ2I01
Developer
Deyaar
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 422K · December 2015
Building
Afnan 1

About 1208, Afnan 1

1208 is a studio of 433 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 15 December 2015 for AED 421,623, or AED 974 per sqft, in line with the AED 973 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 28 September 2025, is AED 40,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, December 2015: AED 421,623 (AED 974 per sqft)

1208 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1208, 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, June 2020: AED 22,000 a yearNew contract, September 2021: AED 20,000 a yearNew contract, September 2022: AED 23,000 a yearRenewal, September 2023: AED 25,300 a yearRenewal, September 2024: AED 30,360 a yearRenewal, September 2025: AED 40,000 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 1208 sits

All 65 studios →

1208 last sold in December 2015 at AED 974 per sqft, in line with what studios in Afnan 1 were fetching at the time (AED 973). 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. 1208's AED 40,000 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
1201StudioAED 460K · Nov 2021
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
1–7 of 11

1208, Afnan 1 in numbers

  • Sold once: by Deyaar on 15 December 2015 for AED 421,623, or AED 974 per sqft.
  • Rented since June 2020 on 6 Ejari contracts, from AED 22,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 9.5%, 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 28 September 2025.

Questions about 1208, Afnan 1

What did unit 1208 last sell for?

AED 421,623 on 15 December 2015, sold by the developer: AED 974 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 40,000 a year on the contract renewed on 28 September 2025. The previous contract, from September 2024, was AED 30,360; the unit has been rented since June 2020.

How big is unit 1208?

433 sqft (40.2 sqm): a studio on the 12th floor of a 16-storey tower completed in 2019.

What is unit 1208 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 1208, Afnan 1

Starts from the last sale price (AED 422K, 15 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 421,623
Deposit, UAE resident (20%)
AED 84,325
Deposit, non-resident (40%)
AED 168,649
Monthly over 25 years at 3.7%
AED 1,725

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