1408, Afnan 1
Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Afnan 1
What is 1408 worth today?
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Source: Dubai Land Department. Updated 27 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 14th of 16
- Parking
- GZ2F13
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 7,200 /yr
- Last sold
- AED 485K · October 2024
- Building
- Afnan 1
About 1408, Afnan 1
1408 is a studio of 433 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 17 October 2024 for AED 485,000, or AED 1,121 per sqft, 10% above the AED 1,021 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 27 December 2025, is AED 50,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 7,200 a year.
Sales and rents for 1408 over time
1408 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1408 sits
All 65 studios →1408 last sold in October 2024 at AED 1,121 per sqft, 10% above what studios in Afnan 1 were fetching at the time (AED 1,021). 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. 1408's AED 50,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202615 May 2026 | 441 sqft | 520,000 | 1,179 | ||
| 24 Apr 202624 April 2026 | 433 sqft | 525,000 | 1,213 | ||
| 25 Mar 202625 March 2026 | 433 sqft | 595,000 | 1,375 | ||
| 5 Mar 20265 March 2026 | 427 sqft | 600,000 | 1,405 |
Afnan 1
Building176 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%
Other units on the 14th floor
All 176 units in Afnan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 426 sqft | AED 370KAED 370,000 · Mar 2023March 2023 | 37,000 /yr | |
| 1402 | Studio | 427 sqft | AED 450KAED 450,000 · May 2024May 2024 | 60,000 /yr | |
| 1403 | 1-bed | 621 sqft | AED 740KAED 740,000 · May 2024May 2024 | 36,000 /yr | |
| 1404 | 2-bed | 969 sqft | AED 895KAED 894,707 · Dec 2015December 2015 | 81,000 /yr | |
| 1405 | Studio | 433 sqft | AED 455KAED 455,000 · Jul 2025July 2025 | 23,000 /yr | |
| 1406 | Studio | 441 sqft | AED 450KAED 450,000 · Mar 2024March 2024 | 42,000 /yr | |
| 1407 | Studio | 441 sqft | AED 455KAED 455,000 · Jul 2025July 2025 | 28,000 /yr | |
| 1409 | 2-bed | 969 sqft | AED 871KAED 871,458 · Nov 2015November 2015 | 48,000 /yr | |
| 1410 | 1-bed | 621 sqft | AED 700KAED 700,000 · Jul 2024July 2024 | 51,450 /yr | |
| 1411 | Studio | 427 sqft | AED 350KAED 350,000 · Sep 2019September 2019 | 55,000 /yr | |
| 1412 | Studio | 426 sqft | AED 463KAED 462,813 · Sep 2021September 2021 |
1408, Afnan 1 in numbers
- Sold 3 times: first on 15 December 2015 for AED 422,784, last on 17 October 2024 for AED 485,000 (AED 1,121 per sqft).
- Rented since June 2020 on 4 Ejari contracts, from AED 24,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 10.3%, 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 27 December 2025.
Questions about 1408, Afnan 1
What did unit 1408 last sell for?
AED 485,000 on 17 October 2024: AED 1,121 per sqft for 433 sqft. The unit has 3 registered sales; the first was AED 422,784 in December 2015.
What is the rent for unit 1408?
AED 50,000 a year on the contract signed on 27 December 2025. The previous contract, from April 2022, was AED 24,000; the unit has been rented since June 2020.
How big is unit 1408?
433 sqft (40.2 sqm): a studio on the 14th floor of a 16-storey tower completed in 2019.
What is unit 1408 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 1408, Afnan 1
Starts from the last sale price (AED 485K, 17 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →