1-bed · 713 sqftAfnan 3, Dubai Production City (IMPZ) · 6th floor · completed 2019

607, Afnan 3

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

Unit 607 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 615K28 December 2023
Current rentAED 38K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Afnan 3

What is 607 worth today?

Last sold for AED 615,000 in 2023

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28 Dec 2023SoldReady
AED 615,000AED 862 per sqft
1 Dec 2022RentedNew contract
AED 38,000/yr12 months · AED 53 per sqft
1 Oct 2021RentedRenewal
AED 34,000/yr12 months · AED 48 per sqft
1 Oct 2020RentedNew contract
AED 34,000/yr12 months · AED 48 per sqft
19 Jun 2017Sold by developerOff-plan
AED 823,068AED 1,154 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
1-bed apartment
Size
713 sqft
Floor
6th of 8
Parking
BZ2I12
Developer
Deyaar
Completed
2019
Service charge
AED 11,800 /yr
Last sold
AED 615K · December 2023
Building
Afnan 3

About 607, Afnan 3

607 is a one-bedroom apartment of 713 sqft on the 6th floor of Afnan 3, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 28 December 2023 for AED 615,000, or AED 862 per sqft, 14% below the AED 997 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 December 2022, is AED 38,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 11,800 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in Afnan 3
600K700K800K2016201920222025Typical 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, June 2017: AED 823,068 (AED 1,154 per sqft)Sold, December 2023: AED 615,000 (AED 862 per sqft)

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

Rents
Unit 607, 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, October 2020: AED 34,000 a yearRenewal, October 2021: AED 34,000 a yearNew contract, December 2022: AED 38,000 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 607 sits

All 79 1-beds →

607 last sold in December 2023 at AED 862 per sqft, 14% below 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. 607's AED 38,000 is at the bottom 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
6031-bedAED 667K · Jan 2020
6041-bedAED 779K · Jan 2021
6051-bedAED 694K · Mar 2017
6061-bedAED 620K · Jul 2022
6081-bedAED 716K · Sep 2017
1–7 of 9

607, Afnan 3 in numbers

  • Sold twice: first on 19 June 2017 for AED 823,068, last on 28 December 2023 for AED 615,000 (AED 862 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 34,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 11,800 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 28 December 2023.

Questions about 607, Afnan 3

What did unit 607 last sell for?

AED 615,000 on 28 December 2023: AED 862 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 823,068 in June 2017.

What is the rent for unit 607?

AED 38,000 a year on the contract signed on 1 December 2022. The previous contract, from October 2021, was AED 34,000; the unit has been rented since October 2020.

How big is unit 607?

713 sqft (66.2 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2019.

What is unit 607 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 607, Afnan 3

Starts from the last sale price (AED 615K, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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