Afnan 4
1 BR · Apartment
Where it is
The pin is placed by district — I send the exact address on request.
Production City
Dubai Production City, formerly IMPZ: a printing and media zone with lakeside apartment buildings and low prices.
- high gross yields
- lowest entry prices
- lakeside outlook at a low cost
What to check: Several buildings here have had persistent service charge and maintenance problems. The charge history and the state of the common areas are the first things to examine, ahead of the apartment itself.
Full district guide →Questions and answers about lot NP9-573240
How much is this 1-bedroom apartment in Afnan 4?
Lot NP9-573240 is priced at AED 775 000, about $211 000. The size is 645 sq ft (60 m²), which works out at AED 1 202 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for Production City?
The database holds 19 lots in Production City, starting from AED 615 000. The area median is AED 1 680 per sq ft; this lot, at AED 1 202, is 28% below it. 6 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Production City area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 155 000; a loan of AED 620 000 over 25 years at 3.75–4.99% a year comes to roughly AED 3 200–3 600 a month. A non-resident puts down from 40% (AED 310 000) and pays about AED 2 400–2 700 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 31 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 1 225 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-573240 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Production City
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