501, Afnan 3
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Afnan 3
What is 501 worth today?
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Source: Dubai Land Department. Updated 16 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 651 sqft
- Floor
- 5th of 8
- Parking
- BZ2G33
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 10,800 /yr
- Last sold
- AED 660K · May 2024
- Building
- Afnan 3
About 501, Afnan 3
501 is a one-bedroom apartment of 651 sqft on the 5th floor of Afnan 3, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 16 May 2024 for AED 660,000, or AED 1,013 per sqft, in line with the AED 997 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 March 2024, is AED 48,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 10,800 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Afnan 3, and where 501 sits
All 79 1-beds →501 last sold in May 2024 at AED 1,013 per sqft, in line with what one-beds in Afnan 3 were fetching at the time (AED 997). Over the last 12 months one-beds sold for AED 660,000 to 870,000, around AED 1,265 per sqft, and rent for AED 42,592 to 72,000 a year. 501's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Aug 20263 August 2026 | 637 sqft | 870,000 | 1,365 | ||
| 30 Jul 202630 July 2026 | 651 sqft | 23,829 | 36 | ||
| 8 Apr 20268 April 2026 | 666 sqft | 805,000 | 1,209 | ||
| 3 Apr 20263 April 2026 | 719 sqft | 700,000 | 973 |
Afnan 3
Building80 apartments, studios to 1-bed over 8 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,265
- Typical sale
- AED 818K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.0%
Other units on the 5th floor
All 80 units in Afnan 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 666 sqft | AED 706KAED 706,384 · Aug 2016August 2016 | 59,000 /yr | |
| 503 | 1-bed | 621 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 70,000 /yr | |
| 504 | 1-bed | 719 sqft | AED 823KAED 823,164 · Mar 2017March 2017 | 39,900 /yr | |
| 505 | 1-bed | 637 sqft | AED 708KAED 708,114 · Sep 2016September 2016 | 48,000 /yr | |
| 506 | 1-bed | 637 sqft | AED 870KAED 870,000 · Aug 2026August 2026 | 65,000 /yr | |
| 507 | 1-bed | 713 sqft | AED 784KAED 783,966 · May 2017May 2017 | 62,000 /yr | |
| 508 | 1-bed | 621 sqft | AED 689KAED 688,775 · Jan 2017January 2017 | 60,000 /yr | |
| 509 | 1-bed | 657 sqft | AED 714KAED 713,519 · May 2018May 2018 | ||
| 510 | 1-bed | 660 sqft | AED 668KAED 668,490 · Feb 2018February 2018 | 68,000 /yr |
501, Afnan 3 in numbers
- Sold twice: first on 6 December 2017 for AED 716,239, last on 16 May 2024 for AED 660,000 (AED 1,013 per sqft).
- Rented since November 2021 on 4 Ejari contracts, from AED 40,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 10,800 a year (AED 16.58 per sqft).
- One-beds in Afnan 3 sold for AED 660,000–870,000 in the 12 months to November 2026; the building's median across all types is AED 1,265 per sqft.
Source: Dubai Land Department. Updated 16 May 2024.
Questions about 501, Afnan 3
What did unit 501 last sell for?
AED 660,000 on 16 May 2024: AED 1,013 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 716,239 in December 2017.
What is the rent for unit 501?
AED 48,000 a year on the contract signed on 20 March 2024. The previous contract, from October 2023, was AED 49,600; the unit has been rented since November 2021.
How big is unit 501?
651 sqft (60.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Afnan 3 sold for AED 660,000 to 870,000 in the last 12 months, around AED 1,265 per sqft.
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Mortgage on 501, Afnan 3
Starts from the last sale price (AED 660K, 16 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 660,000
- Deposit, UAE resident (20%)
- AED 132,000
- Deposit, non-resident (40%)
- AED 264,000
- Monthly over 25 years at 3.7%
- AED 2,700
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →