406, Alwan Residence 1
Sold prices and rental history: sold twice, last in October 2025, 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 406, Alwan Residence 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,306 sqft
- Floor
- 4th of 18
- Parking
- B-109, B-110
- Last sold
- AED 1M · October 2025
- Building
- Alwan Residence 1
About 406, Alwan Residence 1
406 is a two-bedroom apartment of 1,306 sqft on the 4th floor of Alwan Residence 1, a 18-storey tower in Dubai Production City (IMPZ). It last sold on 4 October 2025 for AED 1,000,000, or AED 765 per sqft.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 25 October 2026, is AED 99,520 a year: a gross yield of 10.0% on the 2025 price.
Sales and rents for 406 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 406 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. 406's AED 99,520 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 | ||
| 14 May 202514 May 2025 | 1,305 sqft | 1,255,308 | 961 | ||
| 16 Feb 202316 February 2023 | 1,307 sqft | 979,901 | 750 | ||
| 16 Feb 202316 February 2023 | 1,305 sqft | 978,932 | 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 4th floor
All 164 units in Alwan Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 988 sqft | AED 921KAED 921,400 · Oct 2025October 2025 | 67,280 /yr | |
| 403 | 1-bed | 992 sqft | AED 921KAED 921,400 · Oct 2025October 2025 | 68,000 /yr | |
| 404 | 1-bed | 977 sqft | AED 921KAED 921,400 · Oct 2025October 2025 | 46,948 /yr | |
| 405 | Studio | 502 sqft | AED 456KAED 456,000 · Oct 2025October 2025 | 44,600 /yr | |
| 408 | Studio | 501 sqft | AED 455KAED 455,000 · Oct 2025October 2025 | 28,413 /yr | |
| 409 | Studio | 500 sqft | AED 341KAED 341,470 · Jul 2024July 2024 | 48,500 /yr | |
| 410 | Studio | 501 sqft | AED 455KAED 455,000 · Oct 2025October 2025 | 44,200 /yr | |
| 411 | Studio | 500 sqft | AED 454KAED 454,000 · Oct 2025October 2025 | 31,900 /yr | |
| 412 | Studio | 503 sqft | AED 457KAED 457,000 · Oct 2025October 2025 | 38,000 /yr | |
| 413 | Studio | 503 sqft | AED 457KAED 457,000 · Oct 2025October 2025 | 33,736 /yr | |
| 414 | Studio | 501 sqft | AED 342KAED 341,618 · Jul 2024July 2024 | 48,500 /yr | |
| 415 | Studio | 500 sqft | AED 454KAED 454,000 · Oct 2025October 2025 | 48,200 /yr | |
| 416 | Studio | 501 sqft | AED 455KAED 455,000 · Oct 2025October 2025 | 48,500 /yr | |
| 417 | Studio | 480 sqft | AED 411KAED 411,170 · Oct 2024October 2024 | 20,000 /yr | |
| 418 | 1-bed | 835 sqft | AED 921KAED 921,400 · Oct 2025October 2025 | 68,000 /yr | |
| 422 | 1-bed | 965 sqft | AED 921KAED 921,400 · Oct 2025October 2025 | 65,000 /yr |
406, Alwan Residence 1 in numbers
- Sold twice: first on 21 September 2022 for AED 979,410, last on 4 October 2025 for AED 1,000,000 (AED 765 per sqft).
- Rented since July 2020 on 8 Ejari contracts, from AED 58,700 to AED 99,520 a year.
- At AED 99,520 a year the gross yield on the 2025 price is 10.0%.
- 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 October 2026.
Questions about 406, Alwan Residence 1
What did unit 406 last sell for?
AED 1,000,000 on 4 October 2025: AED 765 per sqft for 1,306 sqft. The unit has 2 registered sales; the first was AED 979,410 in September 2022.
What is the rent for unit 406?
AED 99,520 a year on the contract signed on 25 October 2026. The previous contract, from January 2025, was AED 59,850; the unit has been rented since July 2020.
How big is unit 406?
1,306 sqft (121.3 sqm): a two-bedroom apartment on the 4th floor of a 18-storey tower.
What is unit 406 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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Mortgage on 406, Alwan Residence 1
Starts from the last sale price (AED 1M, 4 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →