415, 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 415, Alwan Residence 1
What is 415 worth today?
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Source: Dubai Land Department. Updated 22 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 500 sqft
- Floor
- 4th of 18
- Parking
- P1-88
- Last sold
- AED 454K · October 2025
- Building
- Alwan Residence 1
About 415, Alwan Residence 1
415 is a studio of 500 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 454,000, or AED 907 per sqft, in line with the AED 908 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 22 January 2026, is AED 48,200 a year: a gross yield of 10.6% on the 2025 price.
Sales and rents for 415 over time
415 has sold twice; 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 415 sits
All 95 studios →415 last sold in October 2025 at AED 907 per sqft, in line with what studios in Alwan Residence 1 were fetching at the time (AED 908). 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. 415's AED 48,200 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 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 | |
| 406 | 2-bed | 1,306 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 99,520 /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 | |
| 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 |
415, Alwan Residence 1 in numbers
- Sold twice: first on 21 September 2022 for AED 375,308, last on 4 October 2025 for AED 454,000 (AED 907 per sqft).
- Rented since September 2020 on 6 Ejari contracts, from AED 26,600 to AED 48,200 a year.
- At AED 48,200 a year the gross yield on the 2025 price is 10.6%.
- 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 22 January 2026.
Questions about 415, Alwan Residence 1
What did unit 415 last sell for?
AED 454,000 on 4 October 2025: AED 907 per sqft for 500 sqft. The unit has 2 registered sales; the first was AED 375,308 in September 2022.
What is the rent for unit 415?
AED 48,200 a year on the contract signed on 22 January 2026. The previous contract, from January 2025, was AED 40,000; the unit has been rented since September 2020.
How big is unit 415?
500 sqft (46.5 sqm): a studio on the 4th floor of a 18-storey tower.
What is unit 415 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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Mortgage on 415, Alwan Residence 1
Starts from the last sale price (AED 454K, 4 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 454,000
- Deposit, UAE resident (20%)
- AED 90,800
- Deposit, non-resident (40%)
- AED 181,600
- Monthly over 25 years at 3.7%
- AED 1,857
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →