Studio · 433 sqftAlwan Residence 1, Dubai Production City (IMPZ) · 17th floor

1702, Alwan Residence 1

Sold prices and rental history: no registered sale, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 20 June 2026
Current rentAED 46K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Alwan Residence 1

What is 1702 worth today?

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jun 2026RentedRenewal
AED 45,700/yr12 months · AED 106 per sqft
20 Jun 2025RentedRenewal
AED 45,700/yr12 months · AED 106 per sqft
20 Jun 2024RentedNew contract
AED 43,920/yr12 months · AED 101 per sqft
2 Feb 2021RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
17th of 18
Parking
P1-87
Last sold
No registered sale

About 1702, Alwan Residence 1

1702 is a studio of 433 sqft on the 17th 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 2021 on 4 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 45,700 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical studio in Alwan Residence 1
400K500K600K202220242026Typical sale price by year: 2022 AED 375,473; 2023 AED 374,829; 2024 AED 376,394; 2025 AED 455,500; 2026 AED 575,000

No registered sale of 1702; the dashed line is the studio median of each year in the building.

Rents
Unit 1702, each contractTypical studio in Alwan Residence 1
30K40K2020202220242026Typical rent by year: 2020 AED 26,600; 2021 AED 24,100; 2022 AED 24,600; 2023 AED 31,600; 2024 AED 35,000; 2025 AED 45,610; 2026 AED 46,000New contract, February 2021: AED 35,000 a yearNew contract, June 2024: AED 43,920 a yearRenewal, June 2025: AED 45,700 a yearRenewal, June 2026: AED 45,700 a year

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 1702 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. 1702's AED 45,700 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026575,000
6 Oct 2026575,000
6 Oct 2026575,000
6 Oct 2026575,000
7 studio 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 17th floor

All 164 units in Alwan Residence 1
Value
17062-bedNo registered sale
1708StudioNo registered sale
1709StudioNo registered sale
1711StudioNo registered sale

1702, Alwan Residence 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2021 on 4 Ejari contracts, from AED 35,000 to AED 45,700 a year.
  • 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 20 June 2026.

Questions about 1702, Alwan Residence 1

What is the rent for unit 1702?

AED 45,700 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 45,700; the unit has been rented since February 2021.

How big is unit 1702?

433 sqft (40.2 sqm): a studio on the 17th floor of a 18-storey tower.

What is unit 1702 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.

Selling 1702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works