1-bed · 621 sqftAfnan 1, Dubai Production City (IMPZ) · 14th floor · completed 2019

1403, Afnan 1

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 740K31 May 2024
Current rentAED 36K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Afnan 1

What is 1403 worth today?

Last sold for AED 740,000 in 2024

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31 May 2024SoldReady
AED 740,000AED 1,191 per sqft
20 Dec 2022SoldReady
AED 530,000AED 853 per sqft
1 Aug 2022RentedNew contract
AED 36,000/yr12 months · AED 58 per sqft
1 Jul 2021RentedRenewal
AED 30,000/yr12 months · AED 48 per sqft
1 Jul 2020RentedNew contract
AED 28,800/yr12 months · AED 46 per sqft
24 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
25 Jan 2016Sold by developerOff-plan
AED 621,202AED 999 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
14th of 16
Parking
BZ2E81
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 740K · May 2024
Building
Afnan 1

About 1403, Afnan 1

1403 is a one-bedroom apartment of 621 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 31 May 2024 for AED 740,000, or AED 1,191 per sqft, 21% above the AED 984 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 August 2022, is AED 36,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in Afnan 1
600K800K20152018202120242027Typical sale price by year: 2015 AED 629,395; 2016 AED 632,622; 2021 AED 677,074; 2022 AED 609,184; 2023 AED 590,000; 2024 AED 674,000; 2025 AED 775,000; 2026 AED 800,000Sold by developer, January 2016: AED 621,202 (AED 999 per sqft)Sold, December 2022: AED 530,000 (AED 853 per sqft)Sold, May 2024: AED 740,000 (AED 1,191 per sqft)

1403 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Afnan 1
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,790; 2024 AED 50,000; 2025 AED 60,000; 2026 AED 60,000New contract, March 2020: AED 30,000 a yearNew contract, July 2020: AED 28,800 a yearRenewal, July 2021: AED 30,000 a yearNew contract, August 2022: AED 36,000 a year

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

1-beds in Afnan 1, and where 1403 sits

All 95 1-beds →

1403 last sold in May 2024 at AED 1,191 per sqft, 21% above what one-beds in Afnan 1 were fetching at the time (AED 984). Over the last 12 months one-beds sold for AED 650,000 to 866,930, around AED 1,204 per sqft, and rent for AED 42,500 to 126,000 a year. 1403's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Oct 2026866,930
24 Oct 2026735,000
13 Aug 2026825,000
29 Jul 20267,210
10 1-bed 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
1401StudioAED 370K · Mar 2023
1402StudioAED 450K · 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

1403, Afnan 1 in numbers

  • Sold 3 times: first on 25 January 2016 for AED 621,202, last on 31 May 2024 for AED 740,000 (AED 1,191 per sqft).
  • Rented since March 2020 on 4 Ejari contracts, from AED 30,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 10,300 a year (AED 16.58 per sqft).
  • One-beds in Afnan 1 sold for AED 650,000–866,930 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 31 May 2024.

Questions about 1403, Afnan 1

What did unit 1403 last sell for?

AED 740,000 on 31 May 2024: AED 1,191 per sqft for 621 sqft. The unit has 3 registered sales; the first was AED 621,202 in January 2016.

What is the rent for unit 1403?

AED 36,000 a year on the contract signed on 1 August 2022. The previous contract, from July 2021, was AED 30,000; the unit has been rented since March 2020.

How big is unit 1403?

621 sqft (57.7 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2019.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Afnan 1 sold for AED 650,000 to 866,930 in the last 12 months, around AED 1,204 per sqft.

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Mortgage on 1403, Afnan 1

Starts from the last sale price (AED 740K, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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