2-bed · 1,134 sqftAfnan 5, Dubai Production City (IMPZ) · 7th floor · completed 2019

702, Afnan 5

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 820K3 March 2023
Current rentAED 100K /yr29 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Afnan 5

What is 702 worth today?

Last sold for AED 820,000 in 2023

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29 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
29 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
14 Jan 2024RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
10 Aug 2023RentedNew contract
AED 78,000/yr6 months · AED 69 per sqft
3 Mar 2023SoldReady
AED 820,000AED 722 per sqft
10 Aug 2022RentedRenewal
AED 58,000/yr12 months · AED 51 per sqft
10 Aug 2021RentedNew contract
AED 56,000/yr12 months · AED 50 per sqft
10 Aug 2020RentedNew contract
AED 56,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
7th of 7
Parking
BZ2A11
Developer
Deyaar
Completed
2019
Service charge
AED 18,800 /yr
Last sold
AED 820K · March 2023
Building
Afnan 5

About 702, Afnan 5

702 is a two-bedroom apartment of 1,134 sqft on the 7th floor of Afnan 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. It last sold on 3 March 2023 for AED 820,000, or AED 722 per sqft, 23% below the AED 933 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 29 January 2025, is AED 100,000 a year: a gross yield of 12.2% on the 2023 price, before the service charge of about AED 18,800 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, August 2020: AED 1,060,788 (AED 935 per sqft)Sold, March 2023: AED 820,000 (AED 722 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Afnan 5
50K75K100K2020202220242026Typical 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, August 2020: AED 56,000 a yearNew contract, August 2021: AED 56,000 a yearRenewal, August 2022: AED 58,000 a yearNew contract, August 2023: AED 78,000 a yearNew contract, January 2024: AED 100,000 a yearNew contract, January 2025: AED 100,000 a yearNew contract, January 2025: AED 100,000 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 702 sits

All 111 2-beds →

702 last sold in March 2023 at AED 722 per sqft, 23% below what two-beds in Afnan 5 were fetching at the time (AED 933). 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. 702's AED 100,000 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 7th floor

All 147 units in Afnan 5
Value
7012-bedAED 1.25M · Oct 2024
7032-bedAED 1.05M · Apr 2024
7042-bedAED 1.5M · Nov 2026
7051-bedAED 916K · Jan 2023
7063-bedAED 1.54M · Nov 2016
7073-bedAED 1.52M · Dec 2022
7081-bedAED 916K · Jan 2023
1–7 of 11

702, Afnan 5 in numbers

  • Sold twice: first on 5 August 2020 for AED 1,060,788, last on 3 March 2023 for AED 820,000 (AED 722 per sqft).
  • Rented since August 2020 on 7 Ejari contracts, from AED 56,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 12.2%, before a service charge of about AED 18,800 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 29 January 2025.

Questions about 702, Afnan 5

What did unit 702 last sell for?

AED 820,000 on 3 March 2023: AED 722 per sqft for 1,134 sqft. The unit has 2 registered sales; the first was AED 1,060,788 in August 2020.

What is the rent for unit 702?

AED 100,000 a year on the contract signed on 29 January 2025. The previous contract, from January 2025, was AED 100,000; the unit has been rented since August 2020.

How big is unit 702?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2019.

What is unit 702 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 702, Afnan 5

Starts from the last sale price (AED 820K, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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