Studio · 441 sqftAfnan 4, Dubai Production City (IMPZ) · 15th floor · completed 2019

1506, Afnan 4

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 6 June 2025
Last soldAED 522K9 December 2020
Current rentAED 38K /yr6 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Afnan 4

What is 1506 worth today?

Last sold for AED 521,576 in 2020

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6 Jun 2025RentedRenewal
AED 38,000/yr12 months · AED 86 per sqft
6 Jun 2024RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
20 Apr 2023RentedNew contract
AED 33,000/yr12 months · AED 75 per sqft
18 Apr 2022RentedNew contract
AED 26,000/yr12 months · AED 59 per sqft
2 Apr 2021RentedNew contract
AED 20,000/yr12 months · AED 45 per sqft
9 Dec 2020Sold by developerReady
AED 521,576AED 1,183 per sqft

Source: Dubai Land Department. Updated 6 June 2025.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
15th of 16
Parking
BZ2M31
Developer
Deyaar
Completed
2019
Service charge
AED 7,300 /yr
Last sold
AED 522K · December 2020
Building
Afnan 4

About 1506, Afnan 4

1506 is a studio of 441 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 9 December 2020 for AED 521,576, or AED 1,183 per sqft, in line with the AED 1,158 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 6 June 2025, is AED 38,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, December 2020: AED 521,576 (AED 1,183 per sqft)

1506 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, 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, April 2021: AED 20,000 a yearNew contract, April 2022: AED 26,000 a yearNew contract, April 2023: AED 33,000 a yearNew contract, June 2024: AED 38,000 a yearRenewal, June 2025: AED 38,000 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 1506 sits

All 65 studios →

1506 last sold in December 2020 at AED 1,183 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. 1506's AED 38,000 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 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
1505StudioAED 500K · Sep 2020
1507StudioAED 455K · Dec 2015
1508StudioAED 570K · Dec 2025
1–7 of 11

1506, Afnan 4 in numbers

  • Sold once: by Deyaar on 9 December 2020 for AED 521,576, or AED 1,183 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 20,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2020 price is 7.3%, 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 6 June 2025.

Questions about 1506, Afnan 4

What did unit 1506 last sell for?

AED 521,576 on 9 December 2020, sold by the developer: AED 1,183 per sqft for 441 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 38,000 a year on the contract renewed on 6 June 2025. The previous contract, from June 2024, was AED 38,000; the unit has been rented since April 2021.

How big is unit 1506?

441 sqft (41.0 sqm): a studio on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1506 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 1506, Afnan 4

Starts from the last sale price (AED 522K, 9 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 521,576
Deposit, UAE resident (20%)
AED 104,315
Deposit, non-resident (40%)
AED 208,630
Monthly over 25 years at 3.7%
AED 2,134

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