2-bed · 1,078 sqftAfnan 5, Dubai Production City (IMPZ) · 2nd floor · completed 2019

206, Afnan 5

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.08M20 June 2024
Current rentAED 67K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Afnan 5

What is 206 worth today?

Last sold for AED 1,080,000 in 2024

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10 Sep 2024RentedRenewal
AED 66,688/yr5 months · AED 62 per sqft
20 Jun 2024SoldReady
AED 1,080,000AED 1,001 per sqft
10 Sep 2023RentedRenewal
AED 58,000/yr12 months · AED 54 per sqft
10 Sep 2022RentedNew contract
AED 54,600/yr12 months · AED 51 per sqft
10 Sep 2021RentedNew contract
AED 52,000/yr12 months · AED 48 per sqft
10 Jun 2021Sold by developerReady
AED 1,049,588AED 973 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
2-bed apartment
Size
1,078 sqft
Floor
2nd of 7
Parking
BZ2B08
Developer
Deyaar
Completed
2019
Service charge
AED 17,900 /yr
Last sold
AED 1.08M · June 2024
Building
Afnan 5

About 206, Afnan 5

206 is a two-bedroom apartment of 1,078 sqft on the 2nd floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 20 June 2024 for AED 1,080,000, or AED 1,001 per sqft, in line with the AED 1,001 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 66,688 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Afnan 5
1M1.25M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,017,215; 2016 AED 1,041,887; 2017 AED 1,086,567; 2018 AED 1,122,668; 2019 AED 1,078,440; 2020 AED 1,056,161; 2021 AED 1,085,649; 2022 AED 1,202,636; 2023 AED 979,000; 2024 AED 1,160,567; 2025 AED 1,290,000; 2026 AED 1,455,000Sold by developer, June 2021: AED 1,049,588 (AED 973 per sqft)Sold, June 2024: AED 1,080,000 (AED 1,001 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Afnan 5
60K80K2020202220242026Typical rent by year: 2020 AED 50,000; 2021 AED 50,769; 2022 AED 56,350; 2023 AED 63,000; 2024 AED 75,000; 2025 AED 90,000; 2026 AED 90,000New contract, September 2021: AED 52,000 a yearNew contract, September 2022: AED 54,600 a yearRenewal, September 2023: AED 58,000 a yearRenewal, September 2024: AED 66,688 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 5, and where 206 sits

All 111 2-beds →

206 last sold in June 2024 at AED 1,001 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 1,001). Over the last 12 months two-beds sold for AED 1,300,000 to 1,600,000, around AED 1,251 per sqft, and rent for AED 23,396 to 150,000 a year. 206's AED 66,688 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,500,000
10 Jul 20261,345,000
18 Jun 20261,410,000
21 May 20261,600,000
8 2-bed sales in the last 12 months

Afnan 5

Building

147 apartments, 1-bed to 3-bed over 7 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 10 sold in the last 12 months.

Typical price per sqft
AED 1,242 Up 6.9%
Typical sale
AED 1.46M
Typical rent
AED 85K /yr
Typical yield
6.6%
Afnan 5, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 2nd floor

All 147 units in Afnan 5
Value
2012-bedAED 1.06M · Sep 2020
2022-bedAED 1.2M · May 2024
2032-bedAED 1.02M · Aug 2017
2042-bedAED 1.08M · Nov 2019
2051-bedAED 754K · Jan 2016
2072-bedAED 1.39M · Jan 2026
2082-bedAED 1.07M · Feb 2017
1–7 of 20

206, Afnan 5 in numbers

  • Sold twice: first on 10 June 2021 for AED 1,049,588, last on 20 June 2024 for AED 1,080,000 (AED 1,001 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, from AED 52,000 to AED 66,688 a year.
  • At AED 66,688 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 17,900 a year (AED 16.58 per sqft).
  • Two-beds in Afnan 5 sold for AED 1,300,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,242 per sqft.

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 206, Afnan 5

What did unit 206 last sell for?

AED 1,080,000 on 20 June 2024: AED 1,001 per sqft for 1,078 sqft. The unit has 2 registered sales; the first was AED 1,049,588 in June 2021.

What is the rent for unit 206?

AED 66,688 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 58,000; the unit has been rented since September 2021.

How big is unit 206?

1,078 sqft (100.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2019.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Afnan 5 sold for AED 1,300,000 to 1,600,000 in the last 12 months, around AED 1,251 per sqft.

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Mortgage on 206, Afnan 5

Starts from the last sale price (AED 1.08M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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