1602, Afnan 4
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Afnan 4
What is 1602 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 16th of 16
- Parking
- BZ2G26
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 7,100 /yr
- Last sold
- AED 445K · October 2024
- Building
- Afnan 4
About 1602, Afnan 4
1602 is a studio of 427 sqft on the 16th floor of Afnan 4, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 14 October 2024 for AED 445,000, or AED 1,042 per sqft, in line with the AED 1,036 studios 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 June 2024, is AED 32,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 7,100 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the studio median of each year in the building.
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 1602 sits
All 65 studios →1602 last sold in October 2024 at AED 1,042 per sqft, in line with what studios in Afnan 4 were fetching at the time (AED 1,036). 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. 1602's AED 32,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202615 April 2026 | 426 sqft | 450,000 | 1,057 | ||
| 25 Dec 202525 December 2025 | 426 sqft | 550,000 | 1,291 | ||
| 15 Dec 202515 December 2025 | 433 sqft | 570,000 | 1,317 | ||
| 14 Aug 202514 August 2025 | 433 sqft | 525,000 | 1,213 |
Afnan 4
Building176 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%
Other units on the 16th floor
All 176 units in Afnan 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 426 sqft | AED 470KAED 470,000 · Jan 2025January 2025 | 47,250 /yr | |
| 1603 | 1-bed | 621 sqft | AED 657KAED 656,910 · Dec 2015December 2015 | 65,000 /yr | |
| 1604 | 2-bed | 969 sqft | AED 935KAED 935,213 · Jan 2016January 2016 | 90,000 /yr | |
| 1605 | Studio | 433 sqft | AED 432KAED 432,368 · Jan 2016January 2016 | 18,000 /yr | |
| 1606 | Studio | 441 sqft | AED 395KAED 395,000 · May 2023May 2023 | 55,000 /yr | |
| 1607 | Studio | 441 sqft | AED 600KAED 599,800 · Aug 2025August 2025 | ||
| 1608 | Studio | 433 sqft | AED 525KAED 525,000 · Aug 2025August 2025 | 31,500 /yr | |
| 1609 | 2-bed | 969 sqft | AED 1.18MAED 1,175,000 · Nov 2025November 2025 | ||
| 1610 | 1-bed | 621 sqft | AED 717KAED 716,782 · Aug 2021August 2021 | 70,000 /yr | |
| 1611 | Studio | 427 sqft | AED 535KAED 535,000 · Jul 2025July 2025 | 27,500 /yr | |
| 1612 | Studio | 426 sqft | AED 480KAED 480,000 · Apr 2025April 2025 | 48,000 /yr |
1602, Afnan 4 in numbers
- Sold twice: first on 17 February 2016 for AED 478,421, last on 14 October 2024 for AED 445,000 (AED 1,042 per sqft).
- Rented since April 2020 on 5 Ejari contracts, from AED 22,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 7,100 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 14 October 2024.
Questions about 1602, Afnan 4
What did unit 1602 last sell for?
AED 445,000 on 14 October 2024: AED 1,042 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 478,421 in February 2016.
What is the rent for unit 1602?
AED 32,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 26,250; the unit has been rented since April 2020.
How big is unit 1602?
427 sqft (39.7 sqm): a studio on the 16th floor of a 16-storey tower completed in 2019.
What is unit 1602 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 1602, Afnan 4
Starts from the last sale price (AED 445K, 14 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 445,000
- Deposit, UAE resident (20%)
- AED 89,000
- Deposit, non-resident (40%)
- AED 178,000
- Monthly over 25 years at 3.7%
- AED 1,821
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →