506, Afnan 5
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Afnan 5
What is 506 worth today?
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Source: Dubai Land Department. Updated 28 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,248 sqft
- Floor
- 5th of 7
- Parking
- BZ2A04
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.15M · January 2023
- Building
- Afnan 5
About 506, Afnan 5
506 is a two-bedroom apartment of 1,248 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 6 January 2023 for AED 1,150,000, or AED 921 per sqft, 17% below the AED 1,114 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 28 May 2024, is AED 68,032 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 20,700 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 111 2-beds →506 last sold in January 2023 at AED 921 per sqft, 17% below what two-beds in Afnan 5 were fetching at the time (AED 1,114). 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. 506's AED 68,032 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,083 sqft | 1,500,000 | 1,384 | ||
| 10 Jul 202610 July 2026 | 1,098 sqft | 1,345,000 | 1,224 | ||
| 18 Jun 202618 June 2026 | 1,134 sqft | 1,410,000 | 1,242 | ||
| 21 May 202621 May 2026 | 1,196 sqft | 1,600,000 | 1,337 |
Afnan 5
Building147 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%
Other units on the 5th floor
All 147 units in Afnan 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,098 sqft | AED 1.09MAED 1,085,632 · Apr 2021April 2021 | ||
| 502 | 2-bed | 1,134 sqft | AED 975KAED 975,000 · Jul 2023July 2023 | 124,000 /yr | |
| 503 | 2-bed | 1,044 sqft | AED 1.09MAED 1,086,118 · Jan 2016January 2016 | 95,000 /yr | |
| 504 | 2-bed | 1,083 sqft | AED 950KAED 950,000 · Sep 2023September 2023 | ||
| 505 | 1-bed | 729 sqft | AED 757KAED 756,633 · Feb 2016February 2016 | 65,000 /yr | |
| 507 | 3-bed | 1,670 sqft | AED 1.49MAED 1,489,424 · May 2018May 2018 | ||
| 508 | 3-bed | 1,673 sqft | AED 1.29MAED 1,290,000 · Jul 2022July 2022 | ||
| 509 | 2-bed | 1,256 sqft | AED 1.2MAED 1,195,000 · Jan 2018January 2018 | ||
| 510 | 1-bed | 729 sqft | AED 693KAED 693,311 · Mar 2016March 2016 | 45,000 /yr | |
| 511 | 2-bed | 1,083 sqft | AED 1.38MAED 1,375,000 · Apr 2025April 2025 | 50,000 /yr | |
| 512 | 2-bed | 1,059 sqft | AED 1.04MAED 1,044,556 · Oct 2017October 2017 | ||
| 513 | 2-bed | 1,256 sqft | AED 1.27MAED 1,271,867 · Apr 2024April 2024 | 63,000 /yr | |
| 514 | 3-bed | 1,673 sqft | AED 1.8MAED 1,800,000 · Dec 2024December 2024 | 115,000 /yr | |
| 515 | 3-bed | 1,670 sqft | AED 1.47MAED 1,473,796 · Apr 2021April 2021 | ||
| 516 | 2-bed | 1,248 sqft | AED 1.55MAED 1,550,000 · Apr 2026April 2026 | ||
| 517 | 1-bed | 729 sqft | AED 750KAED 750,000 · Jul 2025July 2025 | 69,000 /yr | |
| 518 | 2-bed | 1,083 sqft | AED 1.25MAED 1,253,950 · Aug 2025August 2025 | 90,000 /yr | |
| 519 | 2-bed | 1,044 sqft | AED 1.2MAED 1,200,000 · Jul 2025July 2025 | 66,491 /yr | |
| 520 | 2-bed | 1,134 sqft | AED 1.02MAED 1,016,302 · Feb 2016February 2016 | 105,000 /yr | |
| 521 | 2-bed | 1,098 sqft | AED 1.35MAED 1,345,000 · Jul 2026July 2026 | 95,000 /yr |
506, Afnan 5 in numbers
- Sold twice: first on 7 February 2016 for AED 1,197,819, last on 6 January 2023 for AED 1,150,000 (AED 921 per sqft).
- Rented since May 2020 on 6 Ejari contracts, from AED 53,000 to AED 68,032 a year.
- At AED 68,032 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 20,700 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 28 May 2024.
Questions about 506, Afnan 5
What did unit 506 last sell for?
AED 1,150,000 on 6 January 2023: AED 921 per sqft for 1,248 sqft. The unit has 2 registered sales; the first was AED 1,197,819 in February 2016.
What is the rent for unit 506?
AED 68,032 a year on the contract renewed on 28 May 2024. The previous contract, from May 2023, was AED 65,600; the unit has been rented since May 2020.
How big is unit 506?
1,248 sqft (115.9 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.
What is unit 506 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 506, Afnan 5
Starts from the last sale price (AED 1.15M, 6 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →