1-bed · 637 sqftAfnan 2, Dubai Production City (IMPZ) · 4th floor · completed 2019

406, Afnan 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 785K10 May 2024
Current rentAED 90K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Afnan 2

What is 406 worth today?

Last sold for AED 785,000 in 2024

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15 Nov 2024RentedNew contract
AED 90,000/yr12 months · AED 142 per sqft
10 May 2024SoldReady
AED 785,000AED 1,231 per sqft
4 Feb 2023RentedNew contract
AED 48,000/yr12 months · AED 75 per sqft
1 Feb 2022RentedNew contract
AED 48,000/yr12 months · AED 76 per sqft
15 Jul 2020RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
11 Feb 2016Sold by developerOff-plan
AED 662,114AED 1,038 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
637 sqft
Floor
4th of 8
Parking
BZ2F29
Developer
Deyaar
Completed
2019
Service charge
AED 10,600 /yr
Last sold
AED 785K · May 2024
Building
Afnan 2

About 406, Afnan 2

406 is a one-bedroom apartment of 637 sqft on the 4th floor of Afnan 2, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 10 May 2024 for AED 785,000, or AED 1,231 per sqft, 30% above the AED 948 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 November 2024, is AED 90,000 a year: a gross yield of 11.5% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Afnan 2
600K700K800K20152018202120242027Typical sale price by year: 2015 AED 683,199; 2016 AED 663,002; 2019 AED 778,121; 2021 AED 704,067; 2022 AED 677,339; 2023 AED 602,500; 2024 AED 727,500; 2025 AED 757,500; 2026 AED 822,500Sold by developer, February 2016: AED 662,114 (AED 1,038 per sqft)Sold, May 2024: AED 785,000 (AED 1,231 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Afnan 2
50K100K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 42,000; 2024 AED 58,000; 2025 AED 62,500; 2026 AED 60,000New contract, July 2020: AED 33,000 a yearNew contract, February 2022: AED 48,000 a yearNew contract, February 2023: AED 48,000 a yearNew contract, November 2024: AED 90,000 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 2, and where 406 sits

All 79 1-beds →

406 last sold in May 2024 at AED 1,231 per sqft, 30% above what one-beds in Afnan 2 were fetching at the time (AED 948). Over the last 12 months one-beds sold for AED 780,000 to 1,100,000, around AED 1,259 per sqft, and rent for AED 39,600 to 75,000 a year. 406's AED 90,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 2026805,000
22 Jul 20269,393
6 Jul 2026810,000
9 Jun 2026780,000
10 1-bed sales in the last 12 months

Afnan 2

Building

80 apartments, studios to 1-bed over 8 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 10 sold in the last 12 months.

Typical price per sqft
AED 1,259 Up 9.3%
Typical sale
AED 823K
Typical rent
AED 60K /yr
Typical yield
7.4%
Afnan 2, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 4th floor

All 80 units in Afnan 2
Value
4011-bedAED 636K · Feb 2016
4021-bedAED 685K · Jan 2016
4031-bedAED 840K · Mar 2026
4041-bedAED 733K · Feb 2016
4051-bedAED 810K · Jul 2026
4071-bedAED 790K · May 2025
4081-bedAED 665K · Jul 2021
1–7 of 9

406, Afnan 2 in numbers

  • Sold twice: first on 11 February 2016 for AED 662,114, last on 10 May 2024 for AED 785,000 (AED 1,231 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 33,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 11.5%, before a service charge of about AED 10,600 a year (AED 16.58 per sqft).
  • One-beds in Afnan 2 sold for AED 780,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,259 per sqft.

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 406, Afnan 2

What did unit 406 last sell for?

AED 785,000 on 10 May 2024: AED 1,231 per sqft for 637 sqft. The unit has 2 registered sales; the first was AED 662,114 in February 2016.

What is the rent for unit 406?

AED 90,000 a year on the contract signed on 15 November 2024. The previous contract, from February 2023, was AED 48,000; the unit has been rented since July 2020.

How big is unit 406?

637 sqft (59.2 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Afnan 2 sold for AED 780,000 to 1,100,000 in the last 12 months, around AED 1,259 per sqft.

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Mortgage on 406, Afnan 2

Starts from the last sale price (AED 785K, 10 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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