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

709, Dania 4

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 920K6 November 2023
Current rentAED 58K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Dania 4

What is 709 worth today?

Last sold for AED 920,000 in 2023

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15 Jul 2024RentedRenewal
AED 57,857/yr11 months · AED 53 per sqft
6 Nov 2023SoldReady
AED 920,000AED 849 per sqft
15 Jul 2023RentedRenewal
AED 55,125/yr12 months · AED 51 per sqft
15 Jul 2022RentedNew contract
AED 52,500/yr12 months · AED 48 per sqft
15 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
17 Dec 2019Sold by developerOff-plan
AED 1,096,564AED 1,012 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
7th of 7
Parking
BZ3R09
Developer
Deyaar
Completed
2020
Service charge
AED 18,000 /yr
Last sold
AED 920K · November 2023
Building
Dania 4

About 709, Dania 4

709 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. It last sold on 6 November 2023 for AED 920,000, or AED 849 per sqft, 7% below the AED 910 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 15 July 2024, is AED 57,857 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 18,000 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, December 2019: AED 1,096,564 (AED 1,012 per sqft)Sold, November 2023: AED 920,000 (AED 849 per sqft)

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

Rents
Unit 709, each contractTypical two-bed in Dania 4
60K80K100K2020202220242026Typical 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, July 2021: AED 50,000 a yearNew contract, July 2022: AED 52,500 a yearRenewal, July 2023: AED 55,125 a yearRenewal, July 2024: AED 57,857 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 709 sits

All 110 2-beds →

709 last sold in November 2023 at AED 849 per sqft, 7% below what two-beds in Dania 4 were fetching at the time (AED 910). 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. 709's AED 57,857 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
7042-bedAED 1.09M · Jan 2017
7051-bedAED 778K · Nov 2016
7063-bedAED 1.48M · Nov 2016
7073-bedAED 1.53M · Jun 2017
1–7 of 11

709, Dania 4 in numbers

  • Sold twice: first on 17 December 2019 for AED 1,096,564, last on 6 November 2023 for AED 920,000 (AED 849 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 50,000 to AED 57,857 a year.
  • At AED 57,857 a year the gross yield on the 2023 price is 6.3%, 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 15 July 2024.

Questions about 709, Dania 4

What did unit 709 last sell for?

AED 920,000 on 6 November 2023: AED 849 per sqft for 1,083 sqft. The unit has 2 registered sales; the first was AED 1,096,564 in December 2019.

What is the rent for unit 709?

AED 57,857 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 55,125; the unit has been rented since July 2021.

How big is unit 709?

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 709 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 709, Dania 4

Starts from the last sale price (AED 920K, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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