1-bed · 988 sqftAlwan Residence 1, Dubai Production City (IMPZ) · 7th floor

701, 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 701 · DLD and Ejari recordsUpdated 15 July 2026
Current rentAED 68K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Alwan Residence 1

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15 Jul 2026RentedRenewal
AED 68,000/yr12 months · AED 69 per sqft
15 Jul 2025RentedNew contract
AED 68,000/yr12 months · AED 69 per sqft
15 Jul 2025RentedNew contract
AED 68,000/yr12 months · AED 69 per sqft
12 Apr 2024RentedRenewal
AED 47,110/yr12 months · AED 48 per sqft
12 Apr 2023RentedNew contract
AED 44,960/yr12 months · AED 46 per sqft
12 Apr 2022RentedNew contract
AED 36,960/yr12 months · AED 38 per sqft
12 Apr 2021RentedRenewal
AED 36,460/yr12 months · AED 38 per sqft
12 Mar 2020RentedNew contract
AED 39,210/yr13 months · AED 40 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
1-bed apartment
Size
988 sqft
Floor
7th of 18
Parking
B-73
Last sold
No registered sale

About 701, Alwan Residence 1

701 is a one-bedroom apartment of 988 sqft on the 7th 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 8 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 68,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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 701; the dashed line is the one-bed median of each year in the building.

Rents
Unit 701, 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, March 2020: AED 39,210 a yearRenewal, April 2021: AED 36,460 a yearNew contract, April 2022: AED 36,960 a yearNew contract, April 2023: AED 44,960 a yearRenewal, April 2024: AED 47,110 a yearNew contract, July 2025: AED 68,000 a yearNew contract, July 2025: AED 68,000 a yearRenewal, July 2026: AED 68,000 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 701 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. 701's AED 68,000 is in the upper 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 7th floor

All 164 units in Alwan Residence 1
Value
702StudioNo registered sale
7031-bedNo registered sale
7041-bedNo registered sale
705StudioNo registered sale
7062-bedNo registered sale
7072-bedNo registered sale
708StudioNo registered sale
1–7 of 18

701, Alwan Residence 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2020 on 8 Ejari contracts, from AED 39,210 to AED 68,000 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 15 July 2026.

Questions about 701, Alwan Residence 1

What is the rent for unit 701?

AED 68,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 68,000; the unit has been rented since March 2020.

How big is unit 701?

988 sqft (91.8 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower.

What is unit 701 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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