Afnan 2
- Completed 2019
- Master developer Deyaar Development
A 1 bed in Afnan 2 costs a median AED 805,000, rents long-let for AED 63,000/yr (7.8% gross), and returns 19.0% short-term at the assumed 70% occupancy.
1 bed · typical price
805,000AED
AED 1,255/sqft · +8.4% on a year
- Rent a year
- AED 63,000
- Gross yield
- 7.8%
- vs Dubai Production City
- 1% above the median
Cost to buy, all inAED 858,305
- Price
- AED 805,000
- DLD fee 4%
- AED 32,200
- Agent 2% + VAT
- AED 16,905
- Trustee
- AED 4,200
Fees repaid by rent10 months
Is Afnan 2 a good investment?Pays above the Dubai median and prices rising; lots of new supply is coming
- Does it pay a good rent?7.8% gross, before the service charge (not on file) (Dubai median 6.8%)7.8%Strength
- Are rents going up?New 1 bed leases: AED 64,000 a year ago, AED 63,000 now (pooled across the project)-1.6%
- Are prices going up?1 bed: AED 1,158/sqft a year ago, 1,255 now+8.4%Strength
- How fast do fees pay back?AED 53,305 in fees to buy a 1 bed; rent covers it in 0.8 years0.8 yrs
- Can I sell easily?11 sales in 12 months (14 the year before)11
- Is a lot being built nearby?3,449 apartments are planned in Dubai Production City from 2026 to 2028, equal to 54% of the 6,406 homes let there today. A further 1,882 are past their planned date. Dubai Production City supply by year →54%Watch
- Did earlier buyers gain?Up 16% for buyers 5 years ago; up 22% for launch buyers, before fees+16.3%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Afnan 2 prices and rents by unit typeA one-bed costs about AED 805,000 and rents for about AED 63,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Dubai Production City · area median AED 1,243/sqft
- 12-month change
- +8.4%
- 3 years
- +34.6% · +10.4%/yr
- 5 years
- +16.3% · +3.1%/yr
- vs area median
- +1.0%
- Rank by price per sqft
- 25th of 51
- Off-plan price gain, 2016–2019
- +21.6% · +2.3%/yr
Rental income
1 bed · Dubai Production City
- Gross yield
- 7.8%
- Median new rent
- AED 63,000/yr
- Yield vs area median
- -0.1 pts
- Yield vs Dubai (6.8%)
- +1.1 pts
- Yield rank
- 19th of 34
- Renewal rent
- AED 60,000/yr
- New tenants pay vs sitting (87 renewals)
- +5.0%
Short-term income
1 bed · 70% occupancy · 7-night stays
- Median nightly rate
- AED 757
- Net revenue
- AED 152,678/yr
- vs long-let rent
- 2.4×
- Listings seen
- 2+
Read with care
- Rental data covers the whole Midtown - Afnan project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Feb 2016, AED 698,345; latest, Sep 2026, AED 805,000; peak, Apr 2026, AED 845,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,255 · before fees
- Launch, 2016–19
- 1,027
- +22%
- 48 sales
- 5 years ago
- 1,079
- +16%
- 9 sales
- 3 years ago
- 932
- +35%
- 6 sales
- Previous 12 months
- 1,158
- +8%
- 14 sales
- Last 12 months
- 1,255
- today
- 11 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
11 resales in the last 12 months, against 13 a year on average over 2023–2025.
11 resales in the last 12 months.
Short-term rates around Afnan 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Production City
Every Dubai Production City building with a page, ranked by price per sqft over the same 12 months, all unit types. Afnan 2 places 36th of 62; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Afnan 2 (AED 1,255/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Afnan 2 has registered sale prices 1% above the Dubai Production City median price per square foot of 1,243 AED, across 51 eligible buildings. It ranks 25th of 51 by price per square foot and 19th of 34 by gross yield in Dubai Production City.
Market context in Dubai Production City
Registered sales activity
805 ready apartment sales in the 12 months to 2026-10-12.
+5.5% in median AED/sqft versus the preceding year, supported by 805 current and 1,116 prior price observations.
Explore sales activityPlanned apartment projects
2,784 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,449 apartments are planned in Dubai Production City from 2026 to 2028, equal to 54% of the 6,406 homes let there today.
Ready prices per sqft fell in 11% of 45 buildings (counted once per bedroom type) in Dubai Production City with sales in both years; the typical one moved +6.8%.
New-lease rents fell in 38% of 13 buildings (counted once per bedroom type) with leases in both years; the typical one moved +2.3%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Afnan towers
5 towers in Midtown - Afnan, at the bedroom type above.
Ejari files Midtown - Afnan’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Midtown: every development at this typeMidtown: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
About Afnan 2
Afnan 2 is an apartment building completed in 2019 by Deyaar Development in Dubai Production City. 126 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Deyaar Development
Drive times · typical
- Downtown
- 27 min · 29 km
- DXB Airport
- 29 min · 37 km
- DIFC
- 25 min · 32 km
- Dubai Marina
- 20 min · 18 km
- Palm Jumeirah
- 28 min · 25 km
Nearest, as registered
- Metro
- Harbour Tower
- Mall
- Ibn-e-Battuta Mall
- Landmark
- Sports City Swimming Academy
Afnan 2: AED 1,255 per sq ft, level with the median Dubai Production City building, and a 7.8% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Afnan 2AED 1,255
- Dubai Production City, readyAED 991
- Dubai Production City, off-planAED 1,407
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Afnan 2Dubai Production City median building
- Dubai Production City7.8% vs 8.3%
More from Deyaar Development
Downtown Residences
Business Bay · 365 sales, 12 months
2.58M
AED, resale median · 2,770/sqft
Ivy at Park Five
Dubai Production City · 181 sales, 12 months
1.14M
AED, resale median · 1,456/sqft
ELEVE by DEYAAR
Downtown Jebel Ali · 149 sales, 12 months
1.56M
AED, resale median · 1,345/sqft
Ember at Park Five
Dubai Production City · 117 sales, 12 months
1.10M
AED, resale median · 1,339/sqft
Nearby in Dubai Production City
Prices per sq ft around Afnan 2, on the mapPrices per sq ft around Afnan 2, on the map
Afnan 1
Dubai Production City · 13 sales, 12 months
775,000
AED, resale median · 1,223/sqft
Afnan 4
Dubai Production City · 12 sales, 12 months
765,000
AED, resale median · 1,199/sqft
Afnan 5
Dubai Production City · 9 sales, 12 months
1.41M
AED, resale median · 1,242/sqft
Afnan 3
Dubai Production City · 8 sales, 12 months
817,500
AED, resale median · 1,265/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Afnan 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 3,580AED
- 4.5% over 25 years
- Monthly rent
- 5,250AED
- AED 63,000 a year
- Cash needed at purchase
- 225,355AED
- 20% down plus AED 64,355 in fees
Owning costs AED 243,098 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Afnan 2?
- Afnan 2 returns 7.8% gross: a median new-contract rent of AED 63,000 a year (113 Ejari contracts in 12 months) over a price benchmark of AED 805,000 (median of 11 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Afnan 2 cost?
- The median registered sale price is AED 805,000 (1,255 AED/sqft), from 11 Dubai Land Department sales in the last 12 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 1,255 AED/sqft, across 11 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Afnan 2 risen or fallen?
- Median price per square foot moved +8.4% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Afnan 2 compare with Dubai Production City?
- Its 7.8% gross yield sits -0.1 pts against the Dubai Production City median of 7.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
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Afnan 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 11 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/production-city/afnan-2
Cite as: Dubai Wealth Index. “Afnan 2 sale prices and yield.” Dubai Production City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/production-city/afnan-2
Stable dataJSON