Studio · 433 sqftAfnan 4, Dubai Production City (IMPZ) · 16th floor · completed 2019

1605, Afnan 4

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

Unit 1605 · DLD and Ejari recordsUpdated 6 January 2021
Last soldAED 432K11 January 2016
Current rentAED 18K /yr6 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Afnan 4

What is 1605 worth today?

Last sold for AED 432,368 in 2016

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6 Jan 2021RentedNew contract
AED 18,000/yr12 months · AED 42 per sqft
15 Aug 2020RentedNew contract
AED 23,000/yr12 months · AED 53 per sqft
11 Jan 2016Sold by developerOff-plan
AED 432,368AED 999 per sqft

Source: Dubai Land Department. Updated 6 January 2021.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
16th of 16
Parking
BZ2H23
Developer
Deyaar
Completed
2019
Service charge
AED 7,200 /yr
Last sold
AED 432K · January 2016
Building
Afnan 4

About 1605, Afnan 4

1605 is a studio of 433 sqft on the 16th floor of Afnan 4, a 16-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 11 January 2016 for AED 432,368, or AED 999 per sqft, 4% below the AED 1,043 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 6 January 2021, is AED 18,000 a year: a gross yield of 4.2% on the 2016 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, January 2016: AED 432,368 (AED 999 per sqft)

1605 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1605, each contractTypical studio in Afnan 4
20K40K2020202220242026Typical 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, August 2020: AED 23,000 a yearNew contract, January 2021: AED 18,000 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 1605 sits

All 65 studios →

1605 last sold in January 2016 at AED 999 per sqft, 4% below what studios in Afnan 4 were fetching at the time (AED 1,043). 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. 1605's AED 18,000 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 16th floor

All 176 units in Afnan 4
Value
1601StudioAED 470K · Jan 2025
1602StudioAED 445K · Oct 2024
16031-bedAED 657K · Dec 2015
16042-bedAED 935K · Jan 2016
1606StudioAED 395K · May 2023
1607StudioAED 600K · Aug 2025
1608StudioAED 525K · Aug 2025
1–7 of 11

1605, Afnan 4 in numbers

  • Sold once: by Deyaar on 11 January 2016 for AED 432,368, or AED 999 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, from AED 23,000 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2016 price is 4.2%, 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 6 January 2021.

Questions about 1605, Afnan 4

What did unit 1605 last sell for?

AED 432,368 on 11 January 2016, sold by the developer: AED 999 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 18,000 a year on the contract signed on 6 January 2021. The previous contract, from August 2020, was AED 23,000.

How big is unit 1605?

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

What is unit 1605 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 1605, Afnan 4

Starts from the last sale price (AED 432K, 11 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 432,368
Deposit, UAE resident (20%)
AED 86,474
Deposit, non-resident (40%)
AED 172,947
Monthly over 25 years at 3.7%
AED 1,769

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