Studio · 433 sqftAfnan 4, Dubai Production City (IMPZ) · 14th floor · completed 2019

1408, Afnan 4

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

Unit 1408 · DLD and Ejari recordsUpdated 7 June 2026
Last soldAED 385K10 August 2023
Current rentAED 35K /yr7 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Afnan 4

What is 1408 worth today?

Last sold for AED 385,000 in 2023

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7 Jun 2026RentedRenewal
AED 35,000/yr12 months · AED 81 per sqft
7 Jun 2025RentedRenewal
AED 30,452/yr12 months · AED 70 per sqft
7 Jun 2025RentedRenewal
AED 30,452/yr12 months · AED 70 per sqft
7 Jun 2024RentedRenewal
AED 29,000/yr12 months · AED 67 per sqft
10 Aug 2023SoldReady
AED 385,000AED 889 per sqft
7 Jun 2023RentedRenewal
AED 26,000/yr12 months · AED 60 per sqft
7 Jun 2022RentedRenewal
AED 23,000/yr12 months · AED 53 per sqft
7 Jun 2021RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 7 June 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
14th of 16
Parking
BZ2N38
Developer
Deyaar
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 385K · August 2023
Building
Afnan 4

About 1408, Afnan 4

1408 is a studio of 433 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 10 August 2023 for AED 385,000, or AED 889 per sqft, in line with the AED 895 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 7 June 2026, is AED 35,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, February 2016: AED 471,383 (AED 1,089 per sqft)Sold, August 2023: AED 385,000 (AED 889 per sqft)

1408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, 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, January 2020: AED 27,000 a yearNew contract, June 2021: AED 20,000 a yearRenewal, June 2022: AED 23,000 a yearRenewal, June 2023: AED 26,000 a yearRenewal, June 2024: AED 29,000 a yearRenewal, June 2025: AED 30,452 a yearRenewal, June 2025: AED 30,452 a yearRenewal, June 2026: AED 35,000 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 1408 sits

All 65 studios →

1408 last sold in August 2023 at AED 889 per sqft, in line with what studios in Afnan 4 were fetching at the time (AED 895). 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. 1408's AED 35,000 is in the lower half 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
1406StudioAED 355K · May 2023
1407StudioAED 430K · Jun 2024
1–7 of 11

1408, Afnan 4 in numbers

  • Sold twice: first on 11 February 2016 for AED 471,383, last on 10 August 2023 for AED 385,000 (AED 889 per sqft).
  • Rented since January 2020 on 8 Ejari contracts. The rent fell from AED 27,000 to AED 20,000 in 2021 and recovered to AED 35,000 by June 2026.
  • At AED 35,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 7,200 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 7 June 2026.

Questions about 1408, Afnan 4

What did unit 1408 last sell for?

AED 385,000 on 10 August 2023: AED 889 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 471,383 in February 2016.

What is the rent for unit 1408?

AED 35,000 a year on the contract renewed on 7 June 2026. The previous contract, from June 2025, was AED 30,452; the unit has been rented since January 2020.

How big is unit 1408?

433 sqft (40.2 sqm): a studio on the 14th floor of a 16-storey tower completed in 2019.

What is unit 1408 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 1408, Afnan 4

Starts from the last sale price (AED 385K, 10 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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