Studio · 433 sqftAfnan 4, Dubai Production City (IMPZ) · 15th floor · completed 2019

1505, Afnan 4

Sold prices and rental history: sold once, by the developer in September 2020, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 9 November 2021
Last soldAED 500K29 September 2020
Current rentAED 21K /yr9 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Afnan 4

What is 1505 worth today?

Last sold for AED 500,000 in 2020

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9 Nov 2021RentedNew contract
AED 21,462/yr12 months · AED 50 per sqft
1 Nov 2020RentedNew contract
AED 26,000/yr12 months · AED 60 per sqft
29 Sep 2020Sold by developerReady
AED 500,000AED 1,155 per sqft

Source: Dubai Land Department. Updated 9 November 2021.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
15th of 16
Parking
BZ2H21
Developer
Deyaar
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 500K · September 2020
Building
Afnan 4

About 1505, Afnan 4

1505 is a studio of 433 sqft on the 15th floor of Afnan 4, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 29 September 2020 for AED 500,000, or AED 1,155 per sqft, in line with the AED 1,158 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 9 November 2021, is AED 21,462 a year: a gross yield of 4.3% on the 2020 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, September 2020: AED 500,000 (AED 1,155 per sqft)

1505 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1505, 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, November 2020: AED 26,000 a yearNew contract, November 2021: AED 21,462 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 1505 sits

All 65 studios →

1505 last sold in September 2020 at AED 1,155 per sqft, in line with what studios in Afnan 4 were fetching at the time (AED 1,158). 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. 1505's AED 21,462 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 15th floor

All 176 units in Afnan 4
Value
1501StudioAED 496K · Jun 2021
1502StudioAED 454K · Jan 2016
15031-bedAED 717K · Aug 2019
15042-bedAED 934K · Dec 2015
1506StudioAED 522K · Dec 2020
1507StudioAED 455K · Dec 2015
1508StudioAED 570K · Dec 2025
1–7 of 11

1505, Afnan 4 in numbers

  • Sold once: by Deyaar on 29 September 2020 for AED 500,000, or AED 1,155 per sqft.
  • Rented since November 2020 on 2 Ejari contracts, from AED 26,000 to AED 21,462 a year.
  • At AED 21,462 a year the gross yield on the 2020 price is 4.3%, 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 9 November 2021.

Questions about 1505, Afnan 4

What did unit 1505 last sell for?

AED 500,000 on 29 September 2020, sold by the developer: AED 1,155 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 21,462 a year on the contract signed on 9 November 2021. The previous contract, from November 2020, was AED 26,000.

How big is unit 1505?

433 sqft (40.2 sqm): a studio on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1505 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 1505, Afnan 4

Starts from the last sale price (AED 500K, 29 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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