Studio · 427 sqftDania 2, Dubai Production City (IMPZ) · 16th floor · completed 2020

1602, Dania 2

Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 498K20 March 2017
Current rentAED 20K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Dania 2

What is 1602 worth today?

Last sold for AED 497,534 in 2017

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1 Nov 2021RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
5 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
20 Mar 2017Sold by developerOff-plan
AED 497,534AED 1,165 per sqft

Source: Dubai Land Department. Updated 1 November 2021.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
16th of 16
Parking
BZ3R16
Developer
Deyaar
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 498K · March 2017
Building
Dania 2

About 1602, Dania 2

1602 is a studio of 427 sqft on the 16th floor of Dania 2, a 16-storey tower in Dubai Production City (IMPZ) completed in 2020 by Deyaar. The developer sold it on 20 March 2017 for AED 497,534, or AED 1,165 per sqft, in line with the AED 1,160 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 November 2021, is AED 20,000 a year: a gross yield of 4.0% on the 2017 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical studio in Dania 2
400K600K2016201920222025Typical sale price by year: 2016 AED 499,282; 2017 AED 510,238; 2021 AED 503,970; 2022 AED 340,000; 2023 AED 476,968; 2024 AED 499,990; 2025 AED 520,000; 2026 AED 580,000Sold by developer, March 2017: AED 497,534 (AED 1,165 per sqft)

1602 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1602, each contractTypical studio in Dania 2
20K40K2020202220242026Typical rent by year: 2020 AED 22,000; 2021 AED 22,000; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 38,000; 2025 AED 43,000; 2026 AED 43,000New contract, July 2020: AED 20,000 a yearNew contract, November 2021: AED 20,000 a year

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

Studios in Dania 2, and where 1602 sits

All 65 studios →

1602 last sold in March 2017 at AED 1,165 per sqft, in line with what studios in Dania 2 were fetching at the time (AED 1,160). Over the last 12 months studios sold for AED 520,000 to 590,000, around AED 1,311 per sqft, and rent for AED 25,000 to 55,000 a year. 1602's AED 20,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026585,000
14 Aug 2026550,000
14 Jul 2026520,000
4 Jun 2026590,000
7 studio sales in the last 12 months

Dania 2

Building

175 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2020 by Deyaar. 16 sold in the last 12 months.

Typical price per sqft
AED 1,259 Up 4.3%
Typical sale
AED 750K
Typical rent
AED 55K /yr
Typical yield
7.6%
Dania 2, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 16th floor

All 175 units in Dania 2
Value
1601StudioAED 491K · Feb 2017
16031-bedAED 733K · Dec 2016
16042-bedAED 954K · Nov 2016
1605StudioAED 450K · Jun 2024
1606StudioAED 510K · Mar 2025
1607StudioAED 500K · Apr 2025
1608StudioAED 507K · Jul 2021
1–7 of 11

1602, Dania 2 in numbers

  • Sold once: by Deyaar on 20 March 2017 for AED 497,534, or AED 1,165 per sqft.
  • Rented since July 2020 on 2 Ejari contracts, at AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2017 price is 4.0%, before a service charge of about AED 7,100 a year (AED 16.58 per sqft).
  • Studios in Dania 2 sold for AED 520,000–590,000 in the 12 months to November 2026; the building's median across all types is AED 1,259 per sqft.

Source: Dubai Land Department. Updated 1 November 2021.

Questions about 1602, Dania 2

What did unit 1602 last sell for?

AED 497,534 on 20 March 2017, sold by the developer: AED 1,165 per sqft for 427 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 20,000 a year on the contract signed on 1 November 2021. The previous contract, from July 2020, was AED 20,000.

How big is unit 1602?

427 sqft (39.7 sqm): a studio on the 16th floor of a 16-storey tower completed in 2020.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Dania 2 sold for AED 520,000 to 590,000 in the last 12 months, around AED 1,311 per sqft.

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Mortgage on 1602, Dania 2

Starts from the last sale price (AED 498K, 20 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 497,534
Deposit, UAE resident (20%)
AED 99,507
Deposit, non-resident (40%)
AED 199,014
Monthly over 25 years at 3.7%
AED 2,036

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