1606, Afnan 1
Sold prices and rental history: sold once, by the developer in May 2021, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Afnan 1
What is 1606 worth today?
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Source: Dubai Land Department. Updated 1 June 2021.
Key facts
- Type
- Studio apartment
- Size
- 441 sqft
- Floor
- 16th of 16
- Parking
- BZ2N02
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 7,300 /yr
- Last sold
- AED 492K · May 2021
- Building
- Afnan 1
About 1606, Afnan 1
1606 is a studio of 441 sqft on the 16th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 16 May 2021 for AED 491,956, or AED 1,115 per sqft, in line with the AED 1,108 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2021. The current contract, signed on 1 June 2021, is AED 21,000 a year: a gross yield of 4.3% on the 2021 price, before the service charge of about AED 7,300 a year.
Sales and rents for 1606 over time
1606 has sold once; 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 1606 sits
All 65 studios →1606 last sold in May 2021 at AED 1,115 per sqft, in line with what studios in Afnan 1 were fetching at the time (AED 1,108). 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. 1606's AED 21,000 is at the bottom 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 16th floor
All 176 units in Afnan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 426 sqft | AED 466KAED 466,282 · Mar 2021March 2021 | ||
| 1602 | Studio | 427 sqft | AED 483KAED 482,520 · Apr 2021April 2021 | ||
| 1603 | 1-bed | 621 sqft | AED 830KAED 830,000 · Apr 2026April 2026 | 55,000 /yr | |
| 1604 | 2-bed | 969 sqft | AED 1.08MAED 1,080,000 · Mar 2025March 2025 | ||
| 1605 | Studio | 433 sqft | AED 450KAED 450,000 · Jun 2024June 2024 | 50,000 /yr | |
| 1607 | Studio | 441 sqft | AED 492KAED 491,956 · Jan 2021January 2021 | ||
| 1608 | Studio | 433 sqft | AED 486KAED 486,382 · May 2021May 2021 | 27,000 /yr | |
| 1609 | 2-bed | 969 sqft | AED 950KAED 950,000 · May 2024May 2024 | 85,000 /yr | |
| 1610 | 1-bed | 621 sqft | AED 679KAED 679,442 · May 2021May 2021 | 60,000 /yr | |
| 1611 | Studio | 427 sqft | AED 510KAED 510,000 · Oct 2025October 2025 | 31,000 /yr | |
| 1612 | Studio | 426 sqft | AED 466KAED 466,282 · Apr 2021April 2021 |
1606, Afnan 1 in numbers
- Sold once: by Deyaar on 16 May 2021 for AED 491,956, or AED 1,115 per sqft.
- Rented since June 2021 on one Ejari contract, at AED 21,000 a year.
- At AED 21,000 a year the gross yield on the 2021 price is 4.3%, before a service charge of about AED 7,300 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 1 June 2021.
Questions about 1606, Afnan 1
What did unit 1606 last sell for?
AED 491,956 on 16 May 2021, sold by the developer: AED 1,115 per sqft for 441 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 21,000 a year on the contract signed on 1 June 2021.
How big is unit 1606?
441 sqft (41.0 sqm): a studio on the 16th floor of a 16-storey tower completed in 2019.
What is unit 1606 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 1606, Afnan 1
Starts from the last sale price (AED 492K, 16 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 491,956
- Deposit, UAE resident (20%)
- AED 98,391
- Deposit, non-resident (40%)
- AED 196,782
- Monthly over 25 years at 3.7%
- AED 2,013
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →