1-bed · 621 sqftAfnan 1, Dubai Production City (IMPZ) · 15th floor · completed 2019

1503, Afnan 1

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 624K11 January 2016
Current rentAED 56K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Afnan 1

What is 1503 worth today?

Last sold for AED 623,887 in 2016

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20 Jun 2026RentedNew contract
AED 56,000/yr12 months · AED 90 per sqft
20 Jul 2023RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
15 May 2020RentedNew contract
AED 34,000/yr12 months · AED 54 per sqft
11 Jan 2016Sold by developerOff-plan
AED 623,887AED 1,004 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
15th of 16
Parking
BZ2E83
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 624K · January 2016
Building
Afnan 1

About 1503, Afnan 1

1503 is a one-bedroom apartment of 621 sqft on the 15th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 11 January 2016 for AED 623,887, or AED 1,004 per sqft, 4% above the AED 965 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 June 2026, is AED 56,000 a year: a gross yield of 9.0% on the 2016 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in Afnan 1
600K700K800K20152018202120242027Typical 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 623,887 (AED 1,004 per sqft)

1503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, 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, May 2020: AED 34,000 a yearNew contract, July 2023: AED 45,000 a yearNew contract, June 2026: AED 56,000 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 1503 sits

All 95 1-beds →

1503 last sold in January 2016 at AED 1,004 per sqft, 4% above what one-beds in Afnan 1 were fetching at the time (AED 965). 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. 1503's AED 56,000 is in the lower half 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 15th floor

All 176 units in Afnan 1
Value
1501StudioAED 415K · Dec 2015
1502StudioAED 484K · Nov 2019
15042-bedAED 937K · Oct 2021
1505StudioAED 423K · Dec 2015
1506StudioAED 428K · Dec 2015
1507StudioAED 315K · Jun 2020
1508StudioAED 595K · Mar 2026
1–7 of 11

1503, Afnan 1 in numbers

  • Sold once: by Deyaar on 11 January 2016 for AED 623,887, or AED 1,004 per sqft.
  • Rented since May 2020 on 3 Ejari contracts, from AED 34,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2016 price is 9.0%, 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 20 June 2026.

Questions about 1503, Afnan 1

What did unit 1503 last sell for?

AED 623,887 on 11 January 2016, sold by the developer: AED 1,004 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 56,000 a year on the contract signed on 20 June 2026. The previous contract, from July 2023, was AED 45,000; the unit has been rented since May 2020.

How big is unit 1503?

621 sqft (57.7 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1503 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 1503, Afnan 1

Starts from the last sale price (AED 624K, 11 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 623,887
Deposit, UAE resident (20%)
AED 124,777
Deposit, non-resident (40%)
AED 249,555
Monthly over 25 years at 3.7%
AED 2,553

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