Studio · 441 sqftAfnan 1, Dubai Production City (IMPZ) · 9th floor · completed 2019

906, Afnan 1

Sold prices and rental history: sold twice, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 460K2 September 2024
Current rentAED 34K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Afnan 1

What is 906 worth today?

Last sold for AED 460,000 in 2024

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2 Sep 2024SoldReady
AED 460,000AED 1,043 per sqft
1 Aug 2023RentedRenewal
AED 34,000/yr12 months · AED 77 per sqft
1 Aug 2022RentedNew contract
AED 16,334/yr12 months · AED 37 per sqft
1 Aug 2022RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
11 Apr 2021Sold by developerReady
AED 487,855AED 1,106 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
9th of 16
Parking
GZ2I16
Developer
Deyaar
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 460K · September 2024
Building
Afnan 1

About 906, Afnan 1

906 is a studio of 441 sqft on the 9th floor of Afnan 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 2 September 2024 for AED 460,000, or AED 1,043 per sqft, in line with the AED 1,021 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 34,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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, April 2021: AED 487,855 (AED 1,106 per sqft)Sold, September 2024: AED 460,000 (AED 1,043 per sqft)

906 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 906, 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, August 2022: AED 16,334 a yearNew contract, August 2022: AED 28,000 a yearRenewal, August 2023: AED 34,000 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 906 sits

All 65 studios →

906 last sold in September 2024 at AED 1,043 per sqft, in line with 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. 906's AED 34,000 is in the lower 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 9th floor

All 176 units in Afnan 1
Value
901StudioAED 515K · Dec 2024
902StudioAED 556K · Dec 2015
9031-bedAED 661K · Jun 2021
9042-bedAED 865K · Jan 2016
905StudioAED 420K · Dec 2015
907StudioAED 488K · Mar 2021
908StudioAED 420K · Jan 2016
1–7 of 11

906, Afnan 1 in numbers

  • Sold twice: first on 11 April 2021 for AED 487,855, last on 2 September 2024 for AED 460,000 (AED 1,043 per sqft).
  • Rented since August 2022 on 3 Ejari contracts. The rent fell from AED 28,000 to AED 16,334 in 2022 and recovered to AED 34,000 by August 2023.
  • At AED 34,000 a year the gross yield on the 2024 price is 7.4%, 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 2 September 2024.

Questions about 906, Afnan 1

What did unit 906 last sell for?

AED 460,000 on 2 September 2024: AED 1,043 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 487,855 in April 2021.

What is the rent for unit 906?

AED 34,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 16,334; the unit has been rented since August 2022.

How big is unit 906?

441 sqft (41.0 sqm): a studio on the 9th floor of a 16-storey tower completed in 2019.

What is unit 906 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 906, Afnan 1

Starts from the last sale price (AED 460K, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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