3-bed · 1,673 sqftAfnan 5, Dubai Production City (IMPZ) · 6th floor · completed 2019

614, Afnan 5

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

Unit 614 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 1.49M1 June 2021
Current rentAED 115K /yr4 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Afnan 5

What is 614 worth today?

Last sold for AED 1,488,764 in 2021

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4 Apr 2024RentedNew contract
AED 115,000/yr12 months · AED 69 per sqft
20 Aug 2023RentedRenewal
AED 78,000/yr12 months · AED 47 per sqft
20 Aug 2022RentedNew contract
AED 72,000/yr12 months · AED 43 per sqft
1 Aug 2021RentedNew contract
AED 71,000/yr12 months · AED 43 per sqft
1 Jun 2021Sold by developerReady
AED 1,488,764AED 890 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
3-bed apartment
Size
1,673 sqft
Floor
6th of 7
Parking
BZ2C24 , BZ2C25
Developer
Deyaar
Completed
2019
Service charge
AED 27,700 /yr
Last sold
AED 1.49M · June 2021
Building
Afnan 5

About 614, Afnan 5

614 is a three-bedroom apartment of 1,673 sqft on the 6th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 1 June 2021 for AED 1,488,764, or AED 890 per sqft, in line with the AED 909 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 4 April 2024, is AED 115,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 27,700 a year.

Sales and rents for 614 over time

Rents
Unit 614, each contractTypical three-bed in Afnan 5
80K100K120K202120232025Typical rent by year: 2022 AED 79,000; 2023 AED 95,000; 2024 AED 112,500; 2025 AED 110,000New contract, August 2021: AED 71,000 a yearNew contract, August 2022: AED 72,000 a yearRenewal, August 2023: AED 78,000 a yearNew contract, April 2024: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Afnan 5, and where 614 sits

All 10 3-beds →

614 last sold in June 2021 at AED 890 per sqft, in line with what three-beds in Afnan 5 were fetching at the time (AED 909). Over the last 12 months three-beds sold for AED 2,000,000, around AED 1,197 per sqft, and rent for AED 110,000 to 116,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Dec 20252,000,000
30 Dec 20241,800,000
19 Dec 20221,519,402
7 Jul 20221,290,000
1 3-bed sale 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 6th floor

All 147 units in Afnan 5
Value
6012-bedAED 1.07M · Oct 2016
6022-bedAED 1.41M · Jun 2026
6032-bedAED 1.04M · Feb 2016
6042-bedAED 1.09M · Oct 2019
6051-bedAED 779K · Aug 2021
6062-bedAED 1.35M · Aug 2024
6073-bedAED 1.61M · Mar 2017
1–7 of 20

614, Afnan 5 in numbers

  • Sold once: by Deyaar on 1 June 2021 for AED 1,488,764, or AED 890 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 71,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 27,700 a year (AED 16.58 per sqft).
  • Three-beds in Afnan 5 sold for AED 2,000,000–2,000,000 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 4 April 2024.

Questions about 614, Afnan 5

What did unit 614 last sell for?

AED 1,488,764 on 1 June 2021, sold by the developer: AED 890 per sqft for 1,673 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 115,000 a year on the contract signed on 4 April 2024. The previous contract, from August 2023, was AED 78,000; the unit has been rented since August 2021.

How big is unit 614?

1,673 sqft (155.4 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2019.

What is unit 614 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Afnan 5 sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on 614, Afnan 5

Starts from the last sale price (AED 1.49M, 1 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,488,764
Deposit, UAE resident (20%)
AED 297,753
Deposit, non-resident (40%)
AED 595,506
Monthly over 25 years at 3.7%
AED 6,091

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