2-bed · 1,098 sqftAfnan 5, Dubai Production City (IMPZ) · 5th floor · completed 2019

501, Afnan 5

Sold prices and rental history: sold once, by the developer in April 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 12 April 2021
Last soldAED 1.09M12 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Afnan 5

What is 501 worth today?

Last sold for AED 1,085,632 in 2021

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12 Apr 2021Sold by developerReady
AED 1,085,632AED 988 per sqft

Source: Dubai Land Department. Updated 12 April 2021.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
5th of 7
Parking
BZ2B22
Developer
Deyaar
Completed
2019
Service charge
AED 18,200 /yr
Last sold
AED 1.09M · April 2021
Building
Afnan 5

About 501, Afnan 5

501 is a two-bedroom apartment of 1,098 sqft on the 5th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 12 April 2021 for AED 1,085,632, or AED 988 per sqft, in line with the AED 969 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, April 2021: AED 1,085,632 (AED 988 per sqft)

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

Rents
Unit 501, 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 90,000

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 501 sits

All 111 2-beds →

501 last sold in April 2021 at AED 988 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 969). 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.

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 5th floor

All 147 units in Afnan 5
Value
5022-bedAED 975K · Jul 2023
5032-bedAED 1.09M · Jan 2016
5042-bedAED 950K · Sep 2023
5051-bedAED 757K · Feb 2016
5062-bedAED 1.15M · Jan 2023
5073-bedAED 1.49M · May 2018
5083-bedAED 1.29M · Jul 2022
1–7 of 20

501, Afnan 5 in numbers

  • Sold once: by Deyaar on 12 April 2021 for AED 1,085,632, or AED 988 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 12 April 2021.

Questions about 501, Afnan 5

What did unit 501 last sell for?

AED 1,085,632 on 12 April 2021, sold by the developer: AED 988 per sqft for 1,098 sqft. It is the only registered sale of the unit.

How big is unit 501?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 501 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 501, Afnan 5

Starts from the last sale price (AED 1.09M, 12 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,632
Deposit, UAE resident (20%)
AED 217,126
Deposit, non-resident (40%)
AED 434,253
Monthly over 25 years at 3.7%
AED 4,442

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