Studio · 441 sqftAfnan 4, Dubai Production City (IMPZ) · 14th floor · completed 2019

1406, Afnan 4

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

Unit 1406 · DLD and Ejari recordsUpdated 5 May 2023
Last soldAED 355K5 May 2023
Current rentAED 21K /yr26 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Afnan 4

What is 1406 worth today?

Last sold for AED 355,000 in 2023

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5 May 2023SoldReady
AED 355,000AED 805 per sqft
26 Oct 2020RentedNew contract
AED 21,000/yr12 months · AED 48 per sqft
5 Jan 2016Sold by developerOff-plan
AED 476,879AED 1,081 per sqft

Source: Dubai Land Department. Updated 5 May 2023.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
14th of 16
Parking
BZ2N40
Developer
Deyaar
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 355K · May 2023
Building
Afnan 4

About 1406, Afnan 4

1406 is a studio of 441 sqft on the 14th floor of Afnan 4, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 5 May 2023 for AED 355,000, or AED 805 per sqft, in line with the AED 805 studios in the building were fetching at the time.

One Ejari contract is registered, from 26 October 2020. The current contract, signed on 26 October 2020, is AED 21,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical studio in Afnan 4
400K2015201820212024Typical sale price by year: 2015 AED 450,383; 2016 AED 456,347; 2017 AED 498,729; 2019 AED 542,986; 2020 AED 501,764; 2021 AED 514,918; 2022 AED 302,500; 2023 AED 375,000; 2024 AED 450,000; 2025 AED 520,000Sold by developer, January 2016: AED 476,879 (AED 1,081 per sqft)Sold, May 2023: AED 355,000 (AED 805 per sqft)

1406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, each contractTypical studio in Afnan 4
20K30K40K2020202220242026Typical rent by year: 2020 AED 23,000; 2021 AED 22,000; 2022 AED 25,000; 2023 AED 27,500; 2024 AED 33,000; 2025 AED 40,000; 2026 AED 42,000New contract, October 2020: AED 21,000 a year

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

Studios in Afnan 4, and where 1406 sits

All 65 studios →

1406 last sold in May 2023 at AED 805 per sqft, in line with what studios in Afnan 4 were fetching at the time (AED 805). Over the last 12 months studios sold for AED 450,000 to 570,000, around AED 1,291 per sqft, and rent for AED 32,500 to 62,315 a year. 1406's AED 21,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Apr 2026450,000
25 Dec 2025550,000
15 Dec 2025570,000
14 Aug 2025525,000
3 studio sales 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 14th floor

All 176 units in Afnan 4
Value
1401StudioAED 442K · Jan 2016
1402StudioAED 475K · Dec 2015
14031-bedAED 714K · Jul 2016
14042-bedAED 1.1M · Jan 2025
1405StudioAED 515K · Apr 2021
1407StudioAED 430K · Jun 2024
1408StudioAED 385K · Aug 2023
1–7 of 11

1406, Afnan 4 in numbers

  • Sold twice: first on 5 January 2016 for AED 476,879, last on 5 May 2023 for AED 355,000 (AED 805 per sqft).
  • Rented since October 2020 on one Ejari contract, at AED 21,000 a year.
  • At AED 21,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 7,300 a year (AED 16.58 per sqft).
  • Studios in Afnan 4 sold for AED 450,000–570,000 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 5 May 2023.

Questions about 1406, Afnan 4

What did unit 1406 last sell for?

AED 355,000 on 5 May 2023: AED 805 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 476,879 in January 2016.

What is the rent for unit 1406?

AED 21,000 a year on the contract signed on 26 October 2020.

How big is unit 1406?

441 sqft (41.0 sqm): a studio on the 14th floor of a 16-storey tower completed in 2019.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Afnan 4 sold for AED 450,000 to 570,000 in the last 12 months, around AED 1,291 per sqft.

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Mortgage on 1406, Afnan 4

Starts from the last sale price (AED 355K, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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