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2-bed · 1,308 sqftAlwan Residence 1, Dubai Production City (IMPZ) · 7th floor

707, 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 707 · DLD and Ejari recordsUpdated 15 April 2025
Current rentAED 85K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, Alwan Residence 1

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15 Apr 2025RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
15 Apr 2025RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
15 Apr 2024RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
15 Apr 2023RentedRenewal
AED 62,700/yr12 months · AED 48 per sqft
15 Apr 2022RentedNew contract
AED 57,200/yr12 months · AED 42 per sqft
15 Apr 2021RentedRenewal
AED 56,700/yr12 months · AED 42 per sqft
15 Mar 2020RentedNew contract
AED 63,700/yr13 months · AED 47 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
7th of 18
Parking
B-113, B-114
Last sold
No registered sale
Building
Alwan Residence 1

About 707, Alwan Residence 1

707 is a two-bedroom apartment of 1,308 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 7 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 85,000 a year.

Sales and rents for 707 over time

Rents
Unit 707, each contractTypical two-bed in Alwan Residence 1
60K80K100K2020202220242026Typical rent by year: 2020 AED 60,700; 2021 AED 56,700; 2022 AED 59,200; 2023 AED 62,000; 2024 AED 66,565; 2025 AED 100,000; 2026 AED 100,000New contract, March 2020: AED 63,700 a yearRenewal, April 2021: AED 56,700 a yearNew contract, April 2022: AED 57,200 a yearRenewal, April 2023: AED 62,700 a yearRenewal, April 2024: AED 85,000 a yearRenewal, April 2025: AED 85,000 a yearRenewal, April 2025: AED 85,000 a year

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 707 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. 707's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 2026874,203
4 Oct 20251,000,000
14 May 20251,255,308
16 Feb 2023979,901
1 2-bed sale 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
7011-bedNo registered sale
702StudioNo registered sale
7031-bedNo registered sale
7041-bedNo registered sale
705StudioNo registered sale
7062-bedNo registered sale
708StudioNo registered sale
1–7 of 18

707, Alwan Residence 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2020 on 7 Ejari contracts. The rent fell from AED 63,700 to AED 56,700 in 2021 and recovered to AED 85,000 by April 2025.
  • 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 15 April 2025.

Questions about 707, Alwan Residence 1

What is the rent for unit 707?

AED 85,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2025, was AED 85,000; the unit has been rented since March 2020.

How big is unit 707?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 7th floor of a 18-storey tower.

What is unit 707 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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