Studio · 426 sqftAfnan 1, Dubai Production City (IMPZ) · 15th floor · completed 2019

1512, Afnan 1

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

Unit 1512 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 415K29 November 2015
Current rentAED 47K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Afnan 1

What is 1512 worth today?

Last sold for AED 415,227 in 2015

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10 Jan 2026RentedNew contract
AED 47,000/yr12 months · AED 110 per sqft
5 Jan 2025RentedNew contract
AED 45,000/yr12 months · AED 106 per sqft
1 Jun 2024RentedRenewal
AED 31,000/yr12 months · AED 72 per sqft
1 Jun 2023RentedRenewal
AED 28,000/yr12 months · AED 65 per sqft
1 Jun 2022RentedRenewal
AED 25,000/yr12 months · AED 58 per sqft
1 Jun 2021RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
22 Jan 2021RentedRenewal
AED 24,000/yr12 months · AED 56 per sqft
22 Jan 2020RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
15th of 16
Parking
GZ2A08
Developer
Deyaar
Completed
2019
Service charge
AED 7,100 /yr
Last sold
AED 415K · November 2015
Building
Afnan 1

About 1512, Afnan 1

1512 is a studio of 426 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 29 November 2015 for AED 415,227, or AED 975 per sqft, in line with the AED 972 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 10 January 2026, is AED 47,000 a year: a gross yield of 11.3% on the 2015 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1512 over time

Sales
Unit 1512, 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, November 2015: AED 415,227 (AED 975 per sqft)

1512 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1512, 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, January 2020: AED 28,000 a yearRenewal, January 2021: AED 24,000 a yearNew contract, June 2021: AED 20,000 a yearRenewal, June 2022: AED 25,000 a yearRenewal, June 2023: AED 28,000 a yearRenewal, June 2024: AED 31,000 a yearNew contract, January 2025: AED 45,000 a yearNew contract, January 2026: AED 47,000 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 1512 sits

All 65 studios →

1512 last sold in November 2015 at AED 975 per sqft, in line with what studios in Afnan 1 were fetching at the time (AED 972). 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. 1512's AED 47,000 is in the upper 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 15th floor

All 176 units in Afnan 1
Value
1501StudioAED 415K · Dec 2015
1502StudioAED 484K · Nov 2019
15031-bedAED 624K · Jan 2016
15042-bedAED 937K · Oct 2021
1505StudioAED 423K · Dec 2015
1506StudioAED 428K · Dec 2015
1507StudioAED 315K · Jun 2020
1–7 of 11

1512, Afnan 1 in numbers

  • Sold once: by Deyaar on 29 November 2015 for AED 415,227, or AED 975 per sqft.
  • Rented since January 2020 on 8 Ejari contracts. The rent fell from AED 28,000 to AED 20,000 in 2021 and recovered to AED 47,000 by January 2026.
  • At AED 47,000 a year the gross yield on the 2015 price is 11.3%, 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 10 January 2026.

Questions about 1512, Afnan 1

What did unit 1512 last sell for?

AED 415,227 on 29 November 2015, sold by the developer: AED 975 per sqft for 426 sqft. It is the only registered sale of the unit.

What is the rent for unit 1512?

AED 47,000 a year on the contract signed on 10 January 2026. The previous contract, from January 2025, was AED 45,000; the unit has been rented since January 2020.

How big is unit 1512?

426 sqft (39.6 sqm): a studio on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1512 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 1512, Afnan 1

Starts from the last sale price (AED 415K, 29 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 415,227
Deposit, UAE resident (20%)
AED 83,045
Deposit, non-resident (40%)
AED 166,091
Monthly over 25 years at 3.7%
AED 1,699

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