2-bed · 1,057 sqftMesk 1, Dubai Production City (IMPZ) · 15th floor · completed 2022

1503, Mesk 1

Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 1.07M4 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Mesk 1

What is 1503 worth today?

Last sold for AED 1,070,752 in 2024

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4 Jun 2024Sold by developerReady
AED 1,070,752AED 1,012 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
2-bed apartment
Size
1,057 sqft
Floor
15th of 16
Parking
GZ5A18
Developer
Deyaar
Completed
2022
Last sold
AED 1.07M · June 2024
Building
Mesk 1

About 1503, Mesk 1

1503 is a two-bedroom apartment of 1,057 sqft on the 15th floor of Mesk 1, a 16-storey tower in Dubai Production City (IMPZ) completed in 2022 by Deyaar. The developer sold it on 4 June 2024 for AED 1,070,752, or AED 1,012 per sqft, 9% below the AED 1,107 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Mesk 1
1M1.2M1.4M20232024202520262027Typical sale price by year: 2023 AED 1,077,066; 2024 AED 1,295,000; 2025 AED 1,414,775; 2026 AED 1,490,000Sold by developer, June 2024: AED 1,070,752 (AED 1,012 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Mesk 1
80K100K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 101,727

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

2-beds in Mesk 1, and where 1503 sits

All 52 2-beds →

1503 last sold in June 2024 at AED 1,012 per sqft, 9% below what two-beds in Mesk 1 were fetching at the time (AED 1,107). Over the last 12 months two-beds sold for AED 1,400,000 to 1,710,000, around AED 1,424 per sqft, and rent for AED 65,000 to 130,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,400,000
14 Apr 20261,525,000
8 Jan 20261,490,000
12 Dec 20251,710,000
5 2-bed sales in the last 12 months

Mesk 1

Building

104 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2022 by Deyaar. 14 sold in the last 12 months.

Typical price per sqft
AED 1,335 Down 0.9%
Typical sale
AED 1.05M
Typical rent
AED 83K /yr
Typical yield
7.0%
Mesk 1, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 15th floor

All 104 units in Mesk 1
Value
15041-bedAED 945K · Oct 2023
15051-bedAED 926K · Aug 2023
15062-bedAED 1.21M · Oct 2023

1503, Mesk 1 in numbers

  • Sold once: by Deyaar on 4 June 2024 for AED 1,070,752, or AED 1,012 per sqft.
  • Two-beds in Mesk 1 sold for AED 1,400,000–1,710,000 in the 12 months to November 2026; the building's median across all types is AED 1,335 per sqft.

Source: Dubai Land Department. Updated 4 June 2024.

Questions about 1503, Mesk 1

What did unit 1503 last sell for?

AED 1,070,752 on 4 June 2024, sold by the developer: AED 1,012 per sqft for 1,057 sqft. It is the only registered sale of the unit.

How big is unit 1503?

1,057 sqft (98.2 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2022.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mesk 1 sold for AED 1,400,000 to 1,710,000 in the last 12 months, around AED 1,424 per sqft.

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Mortgage on 1503, Mesk 1

Starts from the last sale price (AED 1.07M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,752
Deposit, UAE resident (20%)
AED 214,150
Deposit, non-resident (40%)
AED 428,301
Monthly over 25 years at 3.7%
AED 4,381

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