703, Afnan 5
Sold prices and rental history: sold twice, last in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Afnan 5
What is 703 worth today?
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Source: Dubai Land Department. Updated 25 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,044 sqft
- Floor
- 7th of 7
- Parking
- BZ2A12
- Developer
- Deyaar
- Completed
- 2019
- Service charge
- AED 17,300 /yr
- Last sold
- AED 1.05M · April 2024
- Building
- Afnan 5
About 703, Afnan 5
703 is a two-bedroom apartment of 1,044 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 25 April 2024 for AED 1,050,000, or AED 1,006 per sqft, 9% above the AED 920 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 14 August 2022, is AED 45,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 17,300 a year.
Sales and rents for 703 over time
703 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 703 sits
All 111 2-beds →703 last sold in April 2024 at AED 1,006 per sqft, 9% above what two-beds in Afnan 5 were fetching at the time (AED 920). 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. 703's AED 45,000 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 7th floor
All 147 units in Afnan 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,098 sqft | AED 1.25MAED 1,250,000 · Oct 2024October 2024 | 92,000 /yr | |
| 702 | 2-bed | 1,134 sqft | AED 820KAED 820,000 · Mar 2023March 2023 | 100,000 /yr | |
| 704 | 2-bed | 1,083 sqft | AED 1.5MAED 1,500,000 · Nov 2026November 2026 | 74,686 /yr | |
| 705 | 1-bed | 730 sqft | AED 916KAED 915,887 · Jan 2023January 2023 | ||
| 706 | 3-bed | 1,671 sqft | AED 1.54MAED 1,535,513 · Nov 2016November 2016 | 70,000 /yr | |
| 707 | 3-bed | 1,671 sqft | AED 1.52MAED 1,519,402 · Dec 2022December 2022 | 110,000 /yr | |
| 708 | 1-bed | 730 sqft | AED 916KAED 915,887 · Jan 2023January 2023 | ||
| 709 | 2-bed | 1,083 sqft | AED 900KAED 900,000 · Jun 2023June 2023 | ||
| 710 | 2-bed | 1,044 sqft | AED 1.04MAED 1,038,490 · May 2021May 2021 | 94,737 /yr | |
| 711 | 2-bed | 1,134 sqft | AED 986KAED 985,828 · Jan 2016January 2016 | 95,000 /yr | |
| 712 | 2-bed | 1,098 sqft | AED 1.09MAED 1,085,649 · May 2021May 2021 |
703, Afnan 5 in numbers
- Sold twice: first on 17 February 2016 for AED 1,041,888, last on 25 April 2024 for AED 1,050,000 (AED 1,006 per sqft).
- Rented since July 2021 on 2 Ejari contracts, from AED 42,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 17,300 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 25 April 2024.
Questions about 703, Afnan 5
What did unit 703 last sell for?
AED 1,050,000 on 25 April 2024: AED 1,006 per sqft for 1,044 sqft. The unit has 2 registered sales; the first was AED 1,041,888 in February 2016.
What is the rent for unit 703?
AED 45,000 a year on the contract signed on 14 August 2022. The previous contract, from July 2021, was AED 42,000.
How big is unit 703?
1,044 sqft (97.0 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2019.
What is unit 703 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 703, Afnan 5
Starts from the last sale price (AED 1.05M, 25 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →