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2-bed · 969 sqftAfnan 4, Dubai Production City (IMPZ) · 13th floor · completed 2019

1304, Afnan 4

Sold prices and rental history: sold twice, last in November 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 20 December 2022
Last soldAED 800K21 November 2022
Current rentAED 55K /yr20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1304, Afnan 4

What is 1304 worth today?

Last sold for AED 800,000 in 2022

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20 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
21 Nov 2022SoldReady
AED 800,000AED 825 per sqft
26 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
15 Dec 2015Sold by developerOff-plan
AED 930,573AED 960 per sqft

Source: Dubai Land Department. Updated 20 December 2022.

Key facts

Type
2-bed apartment
Size
969 sqft
Floor
13th of 16
Parking
BZ2H07
Developer
Deyaar
Completed
2019
Service charge
AED 16,100 /yr
Last sold
AED 800K · November 2022
Building
Afnan 4

About 1304, Afnan 4

1304 is a two-bedroom apartment of 969 sqft on the 13th floor of Afnan 4, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 21 November 2022 for AED 800,000, or AED 825 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 20 December 2022, is AED 55,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 16,100 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical two-bed in Afnan 4
800K1M1.2M2015201820212024Typical sale price by year: 2016 AED 931,289; 2021 AED 970,722; 2025 AED 1,177,500Sold by developer, December 2015: AED 930,573 (AED 960 per sqft)Sold, November 2022: AED 800,000 (AED 825 per sqft)

1304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, each contractTypical two-bed in Afnan 4
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 46,437; 2022 AED 53,000; 2023 AED 57,500; 2024 AED 60,000; 2025 AED 82,500; 2026 AED 82,500New contract, June 2020: AED 45,000 a yearNew contract, December 2022: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Afnan 4, and where 1304 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 1,175,000, around AED 1,212 per sqft, and rent for AED 60,900 to 95,000 a year. 1304's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Nov 20251,175,000
29 May 20251,180,000
6 May 20251,275,000
22 Jan 20251,100,000
1 2-bed sale in the last 12 months

Afnan 4

Building

176 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 13 sold in the last 12 months.

Typical price per sqft
AED 1,212 Up 2.1%
Typical sale
AED 780K
Typical rent
AED 56K /yr
Typical yield
7.9%
Afnan 4, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 13th floor

All 176 units in Afnan 4
Value
1301StudioAED 450K · Feb 2024
1302StudioAED 495K · Jul 2020
13031-bedAED 550K · Feb 2022
1305StudioAED 544K · Mar 2017
1306StudioAED 476K · Feb 2016
1307StudioAED 454K · Jan 2016
1308StudioAED 270K · Sep 2022
1–7 of 11

1304, Afnan 4 in numbers

  • Sold twice: first on 15 December 2015 for AED 930,573, last on 21 November 2022 for AED 800,000 (AED 825 per sqft).
  • Rented since June 2020 on 2 Ejari contracts, from AED 45,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 16,100 a year (AED 16.58 per sqft).
  • Two-beds in Afnan 4 sold for AED 1,175,000–1,175,000 in the 12 months to November 2026; the building's median across all types is AED 1,212 per sqft.

Source: Dubai Land Department. Updated 20 December 2022.

Questions about 1304, Afnan 4

What did unit 1304 last sell for?

AED 800,000 on 21 November 2022: AED 825 per sqft for 969 sqft. The unit has 2 registered sales; the first was AED 930,573 in December 2015.

What is the rent for unit 1304?

AED 55,000 a year on the contract signed on 20 December 2022. The previous contract, from June 2020, was AED 45,000.

How big is unit 1304?

969 sqft (90.0 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2019.

What is unit 1304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Afnan 4 sold for AED 1,175,000 to 1,175,000 in the last 12 months, around AED 1,212 per sqft.

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Mortgage on 1304, Afnan 4

Starts from the last sale price (AED 800K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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