2-bed · 1,083 sqftAfnan 5, Dubai Production City (IMPZ) · 6th floor · completed 2019

618, Afnan 5

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.17M9 July 2024
Current rentAED 90K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, Afnan 5

What is 618 worth today?

Last sold for AED 1,170,000 in 2024

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1 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
9 Jul 2024SoldReady
AED 1,170,000AED 1,080 per sqft
20 Aug 2022RentedRenewal
AED 55,000/yr12 months · AED 51 per sqft
20 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
1 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
5 Jun 2017Sold by developerOff-plan
AED 1,086,567AED 1,003 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
6th of 7
Parking
BZ2A40
Developer
Deyaar
Completed
2019
Service charge
AED 18,000 /yr
Last sold
AED 1.17M · July 2024
Building
Afnan 5

About 618, Afnan 5

618 is a two-bedroom apartment of 1,083 sqft on the 6th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 9 July 2024 for AED 1,170,000, or AED 1,080 per sqft, 8% above the AED 1,004 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 August 2024, is AED 90,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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 1,056,363; 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, June 2017: AED 1,086,567 (AED 1,003 per sqft)Sold, July 2024: AED 1,170,000 (AED 1,080 per sqft)

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

Rents
Unit 618, 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, June 2020: AED 50,000 a yearNew contract, August 2021: AED 50,000 a yearRenewal, August 2022: AED 55,000 a yearNew contract, August 2024: AED 90,000 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 618 sits

All 111 2-beds →

618 last sold in July 2024 at AED 1,080 per sqft, 8% above what two-beds in Afnan 5 were fetching at the time (AED 1,004). 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. 618's AED 90,000 is in the upper 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 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

618, Afnan 5 in numbers

  • Sold twice: first on 5 June 2017 for AED 1,086,567, last on 9 July 2024 for AED 1,170,000 (AED 1,080 per sqft).
  • Rented since June 2020 on 4 Ejari contracts, from AED 50,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 18,000 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 August 2024.

Questions about 618, Afnan 5

What did unit 618 last sell for?

AED 1,170,000 on 9 July 2024: AED 1,080 per sqft for 1,083 sqft. The unit has 2 registered sales; the first was AED 1,086,567 in June 2017.

What is the rent for unit 618?

AED 90,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2022, was AED 55,000; the unit has been rented since June 2020.

How big is unit 618?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2019.

What is unit 618 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 618, Afnan 5

Starts from the last sale price (AED 1.17M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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