Afnan 2
A 1 bed in Afnan 2 costs a median AED 774,667, rents long-let for AED 64,826/yr (7.72% gross), and returns 22.68% short-let at the assumed 80% occupancy — -0.2 pts vs Production City's 7.87% and +0.8 pts vs Dubai's 6.97% — from 28 sales and 243 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 11 in 12 months
- Rental contracts · 1 bed
- 112 in 12 months
- Buy
- 774,667AED
- AED 1,213/sqft
- Long-let
- 7.72%
- AED 64,826/yr
- Short-let
- 22.68%
- AED 757/night · 1.14/sqft
Price per sqft: Median of 11 registered sales of ready units in the last 12 months, most recent July 2026.
Priced off the last 5 sales — most recent July 2026.
- Yield spread
- -0.2 pts
- vs the Production City median for this unit type
- Turnover upside
- +20.0%
- new tenants pay more than sitting ones — 183 renewals
- AED/yr/sqft
- AED 96
- Sales
- 28
- Rental contracts
- 243
- Renewal rent
- AED 54,018/yr
- 12 months
- +4.7%
- 3 years
- +30.1%+9.2%/yr
- 5 years
- +12.4%+2.4%/yr
Based on 28 sales and 243 rental contracts in the last 24 months. Rental data covers the whole Midtown - Afnan project, not this tower alone.
Afnan 2 is an apartment building in Production City, Dubai, one of the towers in the Midtown - Afnan development. The closest metro station is Harbour Tower, the nearest mall Ibn-e-Battuta Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2016 to 2026, 250 registered sales in all — the 28 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Afnan 2, by year.
Chart data: Feb 2016, 1027 AED/sqft; latest, Jul 2026, 1221 AED/sqft; peak, Mar 2026, 1352 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Production City median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Afnan 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.72 AED/night/sqft; latest Aug 2027, 0.77 AED/night/sqft; peak Jan 2027, 1.39 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Afnan 2 between 2016 and 2019 went for a median of AED 1,032/sqft (AED 670,065). The same building resells today at AED 1,169/sqft (AED 774,667) — an uplift of +15.6%.
Based on 56 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
11 resales in the last 12 months, against 13 a year on average over 2023–2025.
Sales
2 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Harbour Tower
- Mall
- Ibn-e-Battuta Mall
- Landmark
- Sports City Swimming Academy
Compare with nearby buildings
The most-traded buildings in Midtown - Afnan, on the same figures over the same window.
- Highest rental yields in Production City · Afnan 2 places 25th of 40
- Afnan 4 · 7.85%
- Afnan 1 · 9.85%
- Afnan 5 · 4.54%
- Afnan 3 · 7.53%
- Binghatti Elite
- Samana Sky Views
- Samana Resorts - TOWER A
- Samana Resorts - TOWER B
Common questions
- What is the rental yield in Afnan 2?
- Afnan 2 returns 7.72% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 243 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Afnan 2 cost?
- The median registered sale price is AED 774,667 (1,169 AED/sqft), from 28 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Afnan 2 selling for right now?
- Registered sales of ready units in Afnan 2 over the last 12 months have a median of 1,213 AED/sqft, across 11 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Afnan 2 risen or fallen?
- Median price per square foot moved +4.7% over the last 12 months against the 12 before it, on 28 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Afnan 2 compare with Production City?
- Its 7.72% gross yield sits -0.2 pts against the Production City median of 7.87%, computed at the same bedroom grain over the same 24-month window.
Afnan 2 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 28 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/production-city/afnan-2
Cite as: Dubai Wealth Index. “Afnan 2 sale prices and yield.” Production City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/production-city/afnan-2.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.