2-bed · 1,083 sqftAfnan 5, Dubai Production City (IMPZ) · 5th floor · completed 2019

504, Afnan 5

Sold prices and rental history: sold 3 times, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 950K18 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Afnan 5

What is 504 worth today?

Last sold for AED 950,000 in 2023

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18 Sep 2023SoldReady
AED 950,000AED 877 per sqft
23 Feb 2023SoldReady
AED 789,471AED 728 per sqft
14 Mar 2016Sold by developerOff-plan
AED 1,061,993AED 980 per sqft

Source: Dubai Land Department. Updated 18 September 2023.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
5th of 7
Parking
BZ2A03
Developer
Deyaar
Completed
2019
Service charge
AED 18,000 /yr
Last sold
AED 950K · September 2023
Building
Afnan 5

About 504, Afnan 5

504 is a two-bedroom apartment of 1,083 sqft on the 5th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 18 September 2023 for AED 950,000, or AED 877 per sqft, in line with the AED 868 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, 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, March 2016: AED 1,061,993 (AED 980 per sqft)Sold, February 2023: AED 789,471 (AED 728 per sqft)Sold, September 2023: AED 950,000 (AED 877 per sqft)

504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, 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 504 sits

All 111 2-beds →

504 last sold in September 2023 at AED 877 per sqft, in line with what two-beds in Afnan 5 were fetching at the time (AED 868). 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
5012-bedAED 1.09M · Apr 2021
5022-bedAED 975K · Jul 2023
5032-bedAED 1.09M · Jan 2016
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

504, Afnan 5 in numbers

  • Sold 3 times: first on 14 March 2016 for AED 1,061,993, last on 18 September 2023 for AED 950,000 (AED 877 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 18 September 2023.

Questions about 504, Afnan 5

What did unit 504 last sell for?

AED 950,000 on 18 September 2023: AED 877 per sqft for 1,083 sqft. The unit has 3 registered sales; the first was AED 1,061,993 in March 2016.

How big is unit 504?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 504 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 504, Afnan 5

Starts from the last sale price (AED 950K, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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