1002, Alwan Residence 1
Sold prices and rental history: no registered sale, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Alwan Residence 1
What is 1002 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 10th of 18
- Parking
- P3-60
- Last sold
- No registered sale
- Building
- Alwan Residence 1
About 1002, Alwan Residence 1
1002 is a studio of 433 sqft on the 10th floor of Alwan Residence 1, a 18-storey tower in Dubai Production City (IMPZ). No sale of the unit is registered with the Dubai Land Department.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 45,000 a year.
Sales and rents for 1002 over time
No registered sale of 1002; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Alwan Residence 1, and where 1002 sits
All 95 studios →Over the last 12 months studios sold for AED 575,000, around AED 1,150 per sqft, and rent for AED 20,000 to 48,587 a year. 1002's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 502 sqft | 575,000 | 1,144 | ||
| 6 Oct 20266 October 2026 | 478 sqft | 575,000 | 1,202 | ||
| 6 Oct 20266 October 2026 | 500 sqft | 575,000 | 1,150 | ||
| 6 Oct 20266 October 2026 | 499 sqft | 575,000 | 1,151 |
Alwan Residence 1
Building164 apartments, studios to 2-bed over 18 floors in Dubai Production City (IMPZ). 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,144 Up 23.0%
- Typical sale
- AED 575K
- Typical rent
- AED 49K /yr
- Typical yield
- 7.0%
Other units on the 10th floor
All 164 units in Alwan Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1005 | Studio | 502 sqft | No registered sale | 45,000 /yr | |
| 1006 | 2-bed | 1,306 sqft | No registered sale | 100,000 /yr | |
| 1007 | 2-bed | 1,308 sqft | No registered sale | 102,520 /yr | |
| 1009 | Studio | 500 sqft | No registered sale | 46,500 /yr | |
| 1011 | Studio | 500 sqft | No registered sale | 46,500 /yr | |
| 1012 | Studio | 503 sqft | No registered sale | 48,587 /yr | |
| 1014 | Studio | 501 sqft | No registered sale | 43,920 /yr | |
| 1015 | Studio | 500 sqft | No registered sale | 48,500 /yr | |
| 1016 | Studio | 501 sqft | No registered sale | 48,500 /yr | |
| 1017 | Studio | 480 sqft | No registered sale | 48,000 /yr | |
| 1022 | 1-bed | 965 sqft | No registered sale | 64,000 /yr |
1002, Alwan Residence 1 in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since July 2020 on 6 Ejari contracts. The rent fell from AED 26,600 to AED 23,100 in 2021 and recovered to AED 45,000 by June 2025.
- Studios in Alwan Residence 1 sold for AED 575,000–575,000 in the 12 months to November 2026; the building's median across all types is AED 1,144 per sqft.
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 1002, Alwan Residence 1
What is the rent for unit 1002?
AED 45,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 32,600; the unit has been rented since July 2020.
How big is unit 1002?
433 sqft (40.2 sqm): a studio on the 10th floor of a 18-storey tower.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Alwan Residence 1 sold for AED 575,000 to 575,000 in the last 12 months, around AED 1,150 per sqft.
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