1-bed · 621 sqftAfnan 3, Dubai Production City (IMPZ) · 7th floor · completed 2019

708, Afnan 3

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

Unit 708 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 650K12 June 2023
Current rentAED 34K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Afnan 3

What is 708 worth today?

Last sold for AED 650,000 in 2023

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12 Jun 2023SoldReady
AED 650,000AED 1,046 per sqft
1 Oct 2022RentedRenewal
AED 34,100/yr12 months · AED 55 per sqft
1 Oct 2021RentedRenewal
AED 31,000/yr12 months · AED 50 per sqft
1 Sep 2020RentedNew contract
AED 31,000/yr13 months · AED 50 per sqft
5 Mar 2018Sold by developerOff-plan
AED 715,991AED 1,152 per sqft

Source: Dubai Land Department. Updated 12 June 2023.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
7th of 8
Parking
BZ2M12
Developer
Deyaar
Completed
2019
Service charge
AED 10,300 /yr
Last sold
AED 650K · June 2023
Building
Afnan 3

About 708, Afnan 3

708 is a one-bedroom apartment of 621 sqft on the 7th floor of Afnan 3, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 12 June 2023 for AED 650,000, or AED 1,046 per sqft, 4% above the AED 1,009 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 34,100 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 10,300 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, March 2018: AED 715,991 (AED 1,152 per sqft)Sold, June 2023: AED 650,000 (AED 1,046 per sqft)

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

Rents
Unit 708, 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, September 2020: AED 31,000 a yearRenewal, October 2021: AED 31,000 a yearRenewal, October 2022: AED 34,100 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 708 sits

All 79 1-beds →

708 last sold in June 2023 at AED 1,046 per sqft, 4% above what one-beds in Afnan 3 were fetching at the time (AED 1,009). 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. 708's AED 34,100 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 7th floor

All 80 units in Afnan 3
Value
7011-bedAED 686K · Jan 2017
7021-bedAED 718K · Sep 2016
7031-bedAED 768K · Nov 2025
7041-bedAED 730K · May 2024
7051-bedAED 690K · Nov 2024
7061-bedAED 729K · Dec 2016
7071-bedAED 625K · Jun 2024
1–7 of 9

708, Afnan 3 in numbers

  • Sold twice: first on 5 March 2018 for AED 715,991, last on 12 June 2023 for AED 650,000 (AED 1,046 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 31,000 to AED 34,100 a year.
  • At AED 34,100 a year the gross yield on the 2023 price is 5.3%, 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 12 June 2023.

Questions about 708, Afnan 3

What did unit 708 last sell for?

AED 650,000 on 12 June 2023: AED 1,046 per sqft for 621 sqft. The unit has 2 registered sales; the first was AED 715,991 in March 2018.

What is the rent for unit 708?

AED 34,100 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 31,000; the unit has been rented since September 2020.

How big is unit 708?

621 sqft (57.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2019.

What is unit 708 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 708, Afnan 3

Starts from the last sale price (AED 650K, 12 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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