702, Alwan Residence 1
Sold prices and rental history: no registered sale, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Alwan Residence 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 7th of 18
- Parking
- P3-3
- Last sold
- No registered sale
- Building
- Alwan Residence 1
About 702, Alwan Residence 1
702 is a studio of 433 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 since 2023 on 3 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 39,485 a year.
Sales and rents for 702 over time
No registered sale of 702; 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 702 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. 702's AED 39,485 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 7th floor
All 164 units in Alwan Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 988 sqft | No registered sale | 68,000 /yr | |
| 703 | 1-bed | 992 sqft | No registered sale | 66,000 /yr | |
| 704 | 1-bed | 977 sqft | No registered sale | 68,000 /yr | |
| 705 | Studio | 502 sqft | No registered sale | 48,000 /yr | |
| 706 | 2-bed | 1,306 sqft | No registered sale | 97,000 /yr | |
| 707 | 2-bed | 1,308 sqft | No registered sale | 85,000 /yr | |
| 708 | Studio | 501 sqft | No registered sale | 43,320 /yr | |
| 709 | Studio | 500 sqft | No registered sale | 47,000 /yr | |
| 710 | Studio | 501 sqft | No registered sale | 46,000 /yr | |
| 712 | Studio | 503 sqft | No registered sale | 47,000 /yr | |
| 713 | Studio | 503 sqft | No registered sale | 46,000 /yr | |
| 715 | Studio | 500 sqft | No registered sale | 46,920 /yr | |
| 716 | Studio | 501 sqft | No registered sale | 42,500 /yr | |
| 717 | Studio | 480 sqft | No registered sale | 43,320 /yr | |
| 718 | 1-bed | 835 sqft | No registered sale | 51,960 /yr | |
| 719 | 1-bed | 861 sqft | No registered sale | 67,000 /yr | |
| 720 | 1-bed | 861 sqft | No registered sale | 67,000 /yr | |
| 721 | 1-bed | 835 sqft | No registered sale | 68,000 /yr |
702, Alwan Residence 1 in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since September 2023 on 3 Ejari contracts, from AED 38,000 to AED 39,485 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 1 September 2025.
Questions about 702, Alwan Residence 1
What is the rent for unit 702?
AED 39,485 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 39,485; the unit has been rented since September 2023.
How big is unit 702?
433 sqft (40.2 sqm): a studio on the 7th floor of a 18-storey tower.
What is unit 702 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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