Studio · 426 sqftAfnan 1, Dubai Production City (IMPZ) · 14th floor · completed 2019

1401, Afnan 1

Sold prices and rental history: sold twice, last in March 2023, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 3 July 2023
Last soldAED 370K8 March 2023
Current rentAED 37K /yr3 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Afnan 1

What is 1401 worth today?

Last sold for AED 370,000 in 2023

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3 Jul 2023RentedNew contract
AED 37,000/yr12 months · AED 87 per sqft
8 Mar 2023SoldReady
AED 370,000AED 869 per sqft
7 Feb 2016Sold by developerOff-plan
AED 413,632AED 971 per sqft

Source: Dubai Land Department. Updated 3 July 2023.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
14th of 16
Parking
GZ2F08
Developer
Deyaar
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 370K · March 2023
Building
Afnan 1

About 1401, Afnan 1

1401 is a studio of 426 sqft on the 14th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 8 March 2023 for AED 370,000, or AED 869 per sqft, 37% above the AED 635 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 July 2023. The current contract, signed on 3 July 2023, is AED 37,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, February 2016: AED 413,632 (AED 971 per sqft)Sold, March 2023: AED 370,000 (AED 869 per sqft)

1401 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1401, 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, July 2023: AED 37,000 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 1401 sits

All 65 studios →

1401 last sold in March 2023 at AED 869 per sqft, 37% above what studios in Afnan 1 were fetching at the time (AED 635). 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. 1401's AED 37,000 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 14th floor

All 176 units in Afnan 1
Value
1402StudioAED 450K · May 2024
14031-bedAED 740K · May 2024
14042-bedAED 895K · Dec 2015
1405StudioAED 455K · Jul 2025
1406StudioAED 450K · Mar 2024
1407StudioAED 455K · Jul 2025
1408StudioAED 485K · Oct 2024
1–7 of 11

1401, Afnan 1 in numbers

  • Sold twice: first on 7 February 2016 for AED 413,632, last on 8 March 2023 for AED 370,000 (AED 869 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2023 price is 10.0%, 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 3 July 2023.

Questions about 1401, Afnan 1

What did unit 1401 last sell for?

AED 370,000 on 8 March 2023: AED 869 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 413,632 in February 2016.

What is the rent for unit 1401?

AED 37,000 a year on the contract signed on 3 July 2023.

How big is unit 1401?

426 sqft (39.6 sqm): a studio on the 14th floor of a 16-storey tower completed in 2019.

What is unit 1401 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 1401, Afnan 1

Starts from the last sale price (AED 370K, 8 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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