2-bed · 969 sqftAfnan 4, Dubai Production City (IMPZ) · 15th floor · completed 2019

1509, Afnan 4

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 934K19 January 2016
Current rentAED 60K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Afnan 4

What is 1509 worth today?

Last sold for AED 933,556 in 2016

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1 Aug 2024RentedRenewal
AED 60,000/yr12 months · AED 62 per sqft
1 Aug 2023RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
1 Aug 2022RentedRenewal
AED 48,000/yr12 months · AED 50 per sqft
1 Aug 2021RentedRenewal
AED 43,000/yr12 months · AED 44 per sqft
1 Aug 2020RentedNew contract
AED 43,000/yr12 months · AED 44 per sqft
19 Jan 2016Sold by developerOff-plan
AED 933,556AED 963 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
969 sqft
Floor
15th of 16
Parking
BZ2H12
Developer
Deyaar
Completed
2019
Service charge
AED 16,100 /yr
Last sold
AED 934K · January 2016
Building
Afnan 4

About 1509, Afnan 4

1509 is a two-bedroom apartment of 969 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 19 January 2016 for AED 933,556, or AED 963 per sqft, in line with the AED 963 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 60,000 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 16,100 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical two-bed in Afnan 4
1M1.2M2016201920222025Typical sale price by year: 2016 AED 931,289; 2021 AED 970,722; 2025 AED 1,177,500Sold by developer, January 2016: AED 933,556 (AED 963 per sqft)

1509 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1509, 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, August 2020: AED 43,000 a yearRenewal, August 2021: AED 43,000 a yearRenewal, August 2022: AED 48,000 a yearRenewal, August 2023: AED 55,000 a yearRenewal, August 2024: AED 60,000 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 1509 sits

All 16 2-beds →

1509 last sold in January 2016 at AED 963 per sqft, in line with what two-beds in Afnan 4 were fetching at the time (AED 963). 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. 1509's AED 60,000 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 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
1506StudioAED 522K · Dec 2020
1507StudioAED 455K · Dec 2015
1–7 of 11

1509, Afnan 4 in numbers

  • Sold once: by Deyaar on 19 January 2016 for AED 933,556, or AED 963 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 43,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 6.4%, 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 1 August 2024.

Questions about 1509, Afnan 4

What did unit 1509 last sell for?

AED 933,556 on 19 January 2016, sold by the developer: AED 963 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 1509?

AED 60,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 55,000; the unit has been rented since August 2020.

How big is unit 1509?

969 sqft (90.0 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2019.

What is unit 1509 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 1509, Afnan 4

Starts from the last sale price (AED 934K, 19 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 933,556
Deposit, UAE resident (20%)
AED 186,711
Deposit, non-resident (40%)
AED 373,422
Monthly over 25 years at 3.7%
AED 3,819

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