1506, 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 1506, Alwan Residence 1
What is 1506 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,306 sqft
- Floor
- 15th of 18
- Parking
- B-97, B-98
- Last sold
- No registered sale
- Building
- Alwan Residence 1
About 1506, Alwan Residence 1
1506 is a two-bedroom apartment of 1,306 sqft on the 15th 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 7 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 100,000 a year.
Sales and rents for 1506 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Alwan Residence 1, and where 1506 sits
All 17 2-beds →Over the last 12 months two-beds sold for AED 874,203, around AED 669 per sqft, and rent for AED 94,600 to 102,520 a year. 1506's AED 100,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,307 sqft | 874,203 | 669 | ||
| 4 Oct 20254 October 2025 | 1,306 sqft | 1,000,000 | 765 | ||
| 14 May 202514 May 2025 | 1,305 sqft | 1,255,308 | 961 | ||
| 16 Feb 202316 February 2023 | 1,307 sqft | 979,901 | 750 |
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 15th floor
All 164 units in Alwan Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 988 sqft | No registered sale | 68,000 /yr | |
| 1502 | Studio | 433 sqft | No registered sale | 44,500 /yr | |
| 1503 | 1-bed | 992 sqft | No registered sale | 68,000 /yr | |
| 1504 | 1-bed | 977 sqft | No registered sale | 63,280 /yr | |
| 1505 | Studio | 502 sqft | No registered sale | 46,500 /yr | |
| 1507 | 2-bed | 1,308 sqft | No registered sale | 100,000 /yr | |
| 1508 | Studio | 501 sqft | No registered sale | 48,000 /yr | |
| 1509 | Studio | 500 sqft | No registered sale | 46,500 /yr | |
| 1510 | Studio | 501 sqft | No registered sale | 46,500 /yr | |
| 1511 | Studio | 500 sqft | No registered sale | 46,000 /yr | |
| 1512 | Studio | 503 sqft | No registered sale | 33,100 /yr | |
| 1513 | Studio | 503 sqft | No registered sale | 43,920 /yr | |
| 1514 | Studio | 501 sqft | No registered sale | 48,500 /yr | |
| 1515 | Studio | 500 sqft | No registered sale | 46,500 /yr | |
| 1516 | Studio | 501 sqft | No registered sale | 44,920 /yr | |
| 1517 | Studio | 480 sqft | No registered sale | 46,500 /yr | |
| 1518 | 1-bed | 835 sqft | No registered sale | 66,000 /yr | |
| 1519 | 1-bed | 861 sqft | No registered sale | 68,000 /yr | |
| 1520 | 1-bed | 861 sqft | No registered sale | 67,000 /yr | |
| 1521 | 1-bed | 835 sqft | No registered sale | 66,760 /yr | |
| 1522 | 1-bed | 965 sqft | No registered sale | 65,715 /yr |
1506, Alwan Residence 1 in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since April 2020 on 7 Ejari contracts, from AED 61,700 to AED 100,000 a year.
- Two-beds in Alwan Residence 1 sold for AED 874,203–874,203 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 25 September 2026.
Questions about 1506, Alwan Residence 1
What is the rent for unit 1506?
AED 100,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 100,000; the unit has been rented since April 2020.
How big is unit 1506?
1,306 sqft (121.3 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower.
What is unit 1506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Alwan Residence 1 sold for AED 874,203 to 874,203 in the last 12 months, around AED 669 per sqft.
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