704, 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.
Property timeline for 704, Alwan Residence 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 16 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 977 sqft
- Floor
- 7th of 18
- Parking
- P1-25
- Last sold
- No registered sale
- Building
- Alwan Residence 1
About 704, Alwan Residence 1
704 is a one-bedroom apartment of 977 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 9 Ejari contracts. The current contract, renewed on 16 April 2026, is AED 68,000 a year.
Sales and rents for 704 over time
No registered sale of 704; the dashed line is the one-bed median of each year in the building.
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 704 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. 704's AED 68,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 833 sqft | 580,000 | 696 | ||
| 6 Oct 20266 October 2026 | 986 sqft | 669,487 | 678 | ||
| 6 Oct 20266 October 2026 | 832 sqft | 580,000 | 696 | ||
| 6 Oct 20266 October 2026 | 975 sqft | 671,362 | 688 |
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 | |
| 702 | Studio | 433 sqft | No registered sale | 39,485 /yr | |
| 703 | 1-bed | 992 sqft | No registered sale | 66,000 /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 |
704, Alwan Residence 1 in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since March 2020 on 9 Ejari contracts. The rent fell from AED 42,210 to AED 36,460 in 2021 and recovered to AED 68,000 by April 2026.
- 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 16 April 2026.
Questions about 704, Alwan Residence 1
What is the rent for unit 704?
AED 68,000 a year on the contract renewed on 16 April 2026. The previous contract, from April 2025, was AED 68,000; the unit has been rented since March 2020.
How big is unit 704?
977 sqft (90.8 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower.
What is unit 704 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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