1608, Afnan 1
Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Afnan 1
What is 1608 worth today?
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Source: Dubai Land Department. Updated 20 August 2022.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 16th of 16
- Parking
- BZ2N04
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 7,200 /yr
- Last sold
- AED 486K · May 2021
- Building
- Afnan 1
About 1608, Afnan 1
1608 is a studio of 433 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 24 May 2021 for AED 486,382, or AED 1,124 per sqft, in line with the AED 1,109 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 20 August 2022, is AED 27,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 7,200 a year.
Sales and rents for 1608 over time
1608 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 1608 sits
All 65 studios →1608 last sold in May 2021 at AED 1,124 per sqft, in line with what studios in Afnan 1 were fetching at the time (AED 1,109). 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. 1608's AED 27,000 is in the lower 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 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 | |
| 1606 | Studio | 441 sqft | AED 492KAED 491,956 · May 2021May 2021 | 21,000 /yr | |
| 1607 | Studio | 441 sqft | AED 492KAED 491,956 · Jan 2021January 2021 | ||
| 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 |
1608, Afnan 1 in numbers
- Sold once: by Deyaar on 24 May 2021 for AED 486,382, or AED 1,124 per sqft.
- Rented since September 2021 on 2 Ejari contracts, from AED 22,000 to AED 27,000 a year.
- At AED 27,000 a year the gross yield on the 2021 price is 5.5%, 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 20 August 2022.
Questions about 1608, Afnan 1
What did unit 1608 last sell for?
AED 486,382 on 24 May 2021, sold by the developer: AED 1,124 per sqft for 433 sqft. It is the only registered sale of the unit.
What is the rent for unit 1608?
AED 27,000 a year on the contract signed on 20 August 2022. The previous contract, from September 2021, was AED 22,000.
How big is unit 1608?
433 sqft (40.2 sqm): a studio on the 16th floor of a 16-storey tower completed in 2019.
What is unit 1608 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.
Selling 1608? Put it on the OpenOffers board
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Mortgage on 1608, Afnan 1
Starts from the last sale price (AED 486K, 24 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 486,382
- Deposit, UAE resident (20%)
- AED 97,276
- Deposit, non-resident (40%)
- AED 194,553
- Monthly over 25 years at 3.7%
- AED 1,990
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →