1-bed · 835 sqftAlwan Residence 1, Dubai Production City (IMPZ) · 13th floor

1318, 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.

Unit 1318 · DLD and Ejari recordsUpdated 20 June 2024
Current rentAED 55K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1318, Alwan Residence 1

What is 1318 worth today?

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20 Jun 2024RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
20 Jun 2023RentedRenewal
AED 38,710/yr12 months · AED 46 per sqft
20 Jun 2022RentedNew contract
AED 36,960/yr12 months · AED 44 per sqft
20 Jun 2021RentedRenewal
AED 36,460/yr12 months · AED 42 per sqft
20 Jun 2020RentedNew contract
AED 42,210/yr12 months · AED 49 per sqft
15 Feb 2020RentedNew contract
AED 40,000/yr13 months · AED 46 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
1-bed apartment
Size
835 sqft
Floor
13th of 18
Parking
B-45
Last sold
No registered sale

About 1318, Alwan Residence 1

1318 is a one-bedroom apartment of 835 sqft on the 13th 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 20 June 2024, is AED 55,000 a year.

Sales and rents for 1318 over time

Sales
Unit 1318, each saleTypical one-bed in Alwan Residence 1
600K800K202220242026Typical sale price by year: 2022 AED 732,540; 2023 AED 726,732; 2025 AED 921,400; 2026 AED 624,744

No registered sale of 1318; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1318, each contractTypical one-bed in Alwan Residence 1
40K60K2020202220242026Typical rent by year: 2020 AED 40,210; 2021 AED 36,460; 2022 AED 36,960; 2023 AED 40,500; 2024 AED 48,035; 2025 AED 67,000; 2026 AED 67,000New contract, February 2020: AED 40,000 a yearNew contract, June 2020: AED 42,210 a yearRenewal, June 2021: AED 36,460 a yearNew contract, June 2022: AED 36,960 a yearRenewal, June 2023: AED 38,710 a yearRenewal, June 2024: AED 55,000 a year

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

1-beds in Alwan Residence 1, and where 1318 sits

All 52 1-beds →

Over the last 12 months one-beds sold for AED 580,000 to 671,362, around AED 692 per sqft, and rent for AED 47,250 to 72,935 a year. 1318's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 2026580,000
6 Oct 2026669,487
6 Oct 2026580,000
6 Oct 2026671,362
4 1-bed sales in the last 12 months

Alwan Residence 1

Building

164 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%
Alwan Residence 1, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 13th floor

All 164 units in Alwan Residence 1
Value
13011-bedNo registered sale
1302StudioNo registered sale
13031-bedNo registered sale
13041-bedNo registered sale
1305StudioNo registered sale
13062-bedNo registered sale
13072-bedNo registered sale
1–7 of 21

1318, Alwan Residence 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2020 on 6 Ejari contracts, from AED 40,000 to AED 55,000 a year.
  • One-beds in Alwan Residence 1 sold for AED 580,000–671,362 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 20 June 2024.

Questions about 1318, Alwan Residence 1

What is the rent for unit 1318?

AED 55,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 38,710; the unit has been rented since February 2020.

How big is unit 1318?

835 sqft (77.6 sqm): a one-bedroom apartment on the 13th floor of a 18-storey tower.

What is unit 1318 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Alwan Residence 1 sold for AED 580,000 to 671,362 in the last 12 months, around AED 692 per sqft.

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