2-bed · 1,083 sqftDania 4, Dubai Production City (IMPZ) · 7th floor · completed 2020

704, Dania 4

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 1.09M11 January 2017
Current rentAED 65K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Dania 4

What is 704 worth today?

Last sold for AED 1,094,026 in 2017

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20 Aug 2024RentedRenewal
AED 64,662/yr12 months · AED 60 per sqft
20 Aug 2023RentedRenewal
AED 56,228/yr12 months · AED 52 per sqft
20 Aug 2022RentedRenewal
AED 53,550/yr12 months · AED 50 per sqft
20 Aug 2021RentedNew contract
AED 51,000/yr12 months · AED 47 per sqft
11 Jan 2017Sold by developerOff-plan
AED 1,094,026AED 1,010 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
7th of 7
Parking
GZ3I37
Developer
Deyaar
Completed
2020
Service charge
AED 18,000 /yr
Last sold
AED 1.09M · January 2017
Building
Dania 4

About 704, Dania 4

704 is a two-bedroom apartment of 1,083 sqft on the 7th floor of Dania 4, a 7-storey tower in Dubai Production City (IMPZ) completed in 2020 by Deyaar. The developer sold it on 11 January 2017 for AED 1,094,026, or AED 1,010 per sqft, in line with the AED 1,004 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 64,662 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 18,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Dania 4
1M1.25M1.5M2016201920222025Typical sale price by year: 2016 AED 1,091,325; 2017 AED 1,094,026; 2018 AED 1,087,976; 2019 AED 1,080,435; 2020 AED 1,058,573; 2021 AED 1,095,694; 2022 AED 1,224,642; 2023 AED 977,125; 2024 AED 1,200,000; 2025 AED 1,300,000; 2026 AED 1,470,000Sold by developer, January 2017: AED 1,094,026 (AED 1,010 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Dania 4
60K80K2020202220242026Typical rent by year: 2020 AED 52,000; 2021 AED 51,500; 2022 AED 57,330; 2023 AED 68,000; 2024 AED 71,873; 2025 AED 90,500; 2026 AED 92,500New contract, August 2021: AED 51,000 a yearRenewal, August 2022: AED 53,550 a yearRenewal, August 2023: AED 56,228 a yearRenewal, August 2024: AED 64,662 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 Dania 4, and where 704 sits

All 110 2-beds →

704 last sold in January 2017 at AED 1,010 per sqft, in line with what two-beds in Dania 4 were fetching at the time (AED 1,004). Over the last 12 months two-beds sold for AED 550,000 to 1,600,000, around AED 1,301 per sqft, and rent for AED 73,920 to 130,000 a year. 704's AED 64,662 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,470,000
23 Jul 20261,410,000
20 Apr 20261,330,000
23 Mar 20261,550,000
9 2-bed sales in the last 12 months

Dania 4

Building

146 apartments, 1-bed to 3-bed over 7 floors in Dubai Production City (IMPZ), completed in 2020 by Deyaar. 11 sold in the last 12 months.

Typical price per sqft
AED 1,274 Up 10.6%
Typical sale
AED 1.4M
Typical rent
AED 89K /yr
Typical yield
6.6%
Dania 4, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 7th floor

All 146 units in Dania 4
Value
7012-bedAED 1.1M · Jun 2021
7022-bedAED 1.1M · Jun 2021
7032-bedAED 1.2M · May 2024
7051-bedAED 778K · Nov 2016
7063-bedAED 1.48M · Nov 2016
7073-bedAED 1.53M · Jun 2017
7081-bedAED 796K · Dec 2019
1–7 of 11

704, Dania 4 in numbers

  • Sold once: by Deyaar on 11 January 2017 for AED 1,094,026, or AED 1,010 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 51,000 to AED 64,662 a year.
  • At AED 64,662 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 18,000 a year (AED 16.58 per sqft).
  • Two-beds in Dania 4 sold for AED 550,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,274 per sqft.

Source: Dubai Land Department. Updated 20 August 2024.

Questions about 704, Dania 4

What did unit 704 last sell for?

AED 1,094,026 on 11 January 2017, sold by the developer: AED 1,010 per sqft for 1,083 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 64,662 a year on the contract renewed on 20 August 2024. The previous contract, from August 2023, was AED 56,228; the unit has been rented since August 2021.

How big is unit 704?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Dania 4 sold for AED 550,000 to 1,600,000 in the last 12 months, around AED 1,301 per sqft.

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Mortgage on 704, Dania 4

Starts from the last sale price (AED 1.09M, 11 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,094,026
Deposit, UAE resident (20%)
AED 218,805
Deposit, non-resident (40%)
AED 437,610
Monthly over 25 years at 3.7%
AED 4,476

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