1-bed · 621 sqftAfnan 3, Dubai Production City (IMPZ) · 6th floor · completed 2019

603, Afnan 3

Sold prices and rental history: sold once, by the developer in January 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 667K26 January 2020
Current rentAED 45K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Afnan 3

What is 603 worth today?

Last sold for AED 666,776 in 2020

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22 Jul 2024RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
22 Jul 2023RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
26 Jan 2020Sold by developerOff-plan
AED 666,776AED 1,073 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
6th of 8
Parking
BZ2I08
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 667K · January 2020
Building
Afnan 3

About 603, Afnan 3

603 is a one-bedroom apartment of 621 sqft on the 6th floor of Afnan 3, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 26 January 2020 for AED 666,776, or AED 1,073 per sqft, in line with the AED 1,094 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 22 July 2024, is AED 45,000 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 10,300 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Afnan 3
700K800K2016201920222025Typical sale price by year: 2016 AED 708,114; 2017 AED 712,135; 2018 AED 675,450; 2019 AED 745,646; 2020 AED 685,248; 2021 AED 694,078; 2022 AED 696,739; 2023 AED 635,000; 2024 AED 682,500; 2025 AED 768,000; 2026 AED 805,000Sold by developer, January 2020: AED 666,776 (AED 1,073 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in Afnan 3
40K60K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 33,000; 2022 AED 36,375; 2023 AED 42,000; 2024 AED 51,750; 2025 AED 62,000; 2026 AED 59,500New contract, July 2023: AED 45,000 a yearRenewal, July 2024: AED 45,000 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 3, and where 603 sits

All 79 1-beds →

603 last sold in January 2020 at AED 1,073 per sqft, in line with what one-beds in Afnan 3 were fetching at the time (AED 1,094). 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. 603's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Aug 2026870,000
30 Jul 202623,829
8 Apr 2026805,000
3 Apr 2026700,000
9 1-bed sales in the last 12 months

Afnan 3

Building

80 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%
Afnan 3, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 6th floor

All 80 units in Afnan 3
Value
6011-bedAED 677K · Aug 2017
6021-bedAED 700K · Oct 2024
6041-bedAED 779K · Jan 2021
6051-bedAED 694K · Mar 2017
6061-bedAED 620K · Jul 2022
6071-bedAED 615K · Dec 2023
6081-bedAED 716K · Sep 2017
1–7 of 9

603, Afnan 3 in numbers

  • Sold once: by Deyaar on 26 January 2020 for AED 666,776, or AED 1,073 per sqft.
  • Rented since July 2023 on 2 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2020 price is 6.8%, before a service charge of about AED 10,300 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 22 July 2024.

Questions about 603, Afnan 3

What did unit 603 last sell for?

AED 666,776 on 26 January 2020, sold by the developer: AED 1,073 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 45,000 a year on the contract renewed on 22 July 2024. The previous contract, from July 2023, was AED 45,000.

How big is unit 603?

621 sqft (57.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2019.

What is unit 603 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 603, Afnan 3

Starts from the last sale price (AED 667K, 26 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 666,776
Deposit, UAE resident (20%)
AED 133,355
Deposit, non-resident (40%)
AED 266,710
Monthly over 25 years at 3.7%
AED 2,728

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