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2-bed · 1,078 sqftAfnan 5, Dubai Production City (IMPZ) · 4th floor · completed 2019

416, Afnan 5

Sold prices and rental history: sold twice, last in April 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 870K25 April 2023
Current rentAED 53K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 416, Afnan 5

What is 416 worth today?

Last sold for AED 870,000 in 2023

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1 Jul 2023RentedNew contract
AED 52,500/yr12 months · AED 49 per sqft
25 Apr 2023SoldReady
AED 870,000AED 806 per sqft
1 Jul 2022RentedRenewal
AED 51,000/yr12 months · AED 47 per sqft
1 Jul 2021RentedNew contract
AED 48,000/yr12 months · AED 45 per sqft
12 Jan 2016Sold by developerOff-plan
AED 991,717AED 919 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
2-bed apartment
Size
1,078 sqft
Floor
4th of 7
Parking
BZ2A29
Developer
Deyaar
Completed
2019
Service charge
AED 17,900 /yr
Last sold
AED 870K · April 2023
Building
Afnan 5

About 416, Afnan 5

416 is a two-bedroom apartment of 1,078 sqft on the 4th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 25 April 2023 for AED 870,000, or AED 806 per sqft, 12% below the AED 921 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 July 2023, is AED 52,500 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 17,900 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical two-bed in Afnan 5
1M1.5M20152018202120242027Typical 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 1,056,363; 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, January 2016: AED 991,717 (AED 919 per sqft)Sold, April 2023: AED 870,000 (AED 806 per sqft)

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

Rents
Unit 416, 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, July 2021: AED 48,000 a yearRenewal, July 2022: AED 51,000 a yearNew contract, July 2023: AED 52,500 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 416 sits

All 111 2-beds →

416 last sold in April 2023 at AED 806 per sqft, 12% below what two-beds in Afnan 5 were fetching at the time (AED 921). 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. 416's AED 52,500 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 4th floor

All 147 units in Afnan 5
Value
4012-bedAED 1.3M · Sep 2025
4022-bedAED 1.39M · Jun 2025
4032-bedAED 1.08M · Jan 2016
4042-bedAED 1.08M · Mar 2019
4051-bedAED 810K · Jul 2025
4062-bedAED 1.05M · Jan 2021
4072-bedAED 1.09M · May 2021
1–7 of 20

416, Afnan 5 in numbers

  • Sold twice: first on 12 January 2016 for AED 991,717, last on 25 April 2023 for AED 870,000 (AED 806 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 48,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2023 price is 6.0%, 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 1 July 2023.

Questions about 416, Afnan 5

What did unit 416 last sell for?

AED 870,000 on 25 April 2023: AED 806 per sqft for 1,078 sqft. The unit has 2 registered sales; the first was AED 991,717 in January 2016.

What is the rent for unit 416?

AED 52,500 a year on the contract signed on 1 July 2023. The previous contract, from July 2022, was AED 51,000; the unit has been rented since July 2021.

How big is unit 416?

1,078 sqft (100.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 416 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 416, Afnan 5

Starts from the last sale price (AED 870K, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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