Studio · 503 sqftAlwan Residence 1, Dubai Production City (IMPZ) · 7th floor

712, 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 712 · DLD and Ejari recordsUpdated 21 January 2026
Current rentAED 47K /yr21 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Alwan Residence 1

What is 712 worth today?

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Jan 2026RentedRenewal
AED 47,000/yr12 months · AED 93 per sqft
21 Jan 2025RentedRenewal
AED 39,400/yr12 months · AED 78 per sqft
21 Jan 2025RentedRenewal
AED 39,400/yr12 months · AED 78 per sqft
21 Jan 2024RentedRenewal
AED 33,100/yr12 months · AED 66 per sqft
21 Jan 2023RentedNew contract
AED 31,600/yr12 months · AED 63 per sqft
21 Jan 2022RentedNew contract
AED 26,920/yr12 months · AED 52 per sqft
20 Jun 2021RentedRenewal
AED 24,100/yr13 months · AED 46 per sqft
20 Jun 2020RentedNew contract
AED 26,600/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 21 January 2026.

Key facts

Type
Studio apartment
Size
503 sqft
Floor
7th of 18
Parking
P3-79
Last sold
No registered sale

About 712, Alwan Residence 1

712 is a studio of 503 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 21 January 2026, is AED 47,000 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical studio in Alwan Residence 1
400K500K600K202220242026Typical sale price by year: 2022 AED 375,473; 2023 AED 374,829; 2024 AED 376,394; 2025 AED 455,500; 2026 AED 575,000

No registered sale of 712; the dashed line is the studio median of each year in the building.

Rents
Unit 712, each contractTypical studio in Alwan Residence 1
20K40K2020202220242026Typical rent by year: 2020 AED 26,600; 2021 AED 24,100; 2022 AED 24,600; 2023 AED 31,600; 2024 AED 35,000; 2025 AED 45,610; 2026 AED 46,000New contract, June 2020: AED 26,600 a yearRenewal, June 2021: AED 24,100 a yearNew contract, January 2022: AED 26,920 a yearNew contract, January 2023: AED 31,600 a yearRenewal, January 2024: AED 33,100 a yearRenewal, January 2025: AED 39,400 a yearRenewal, January 2025: AED 39,400 a yearRenewal, January 2026: AED 47,000 a year

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 712 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. 712's AED 47,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026575,000
6 Oct 2026575,000
6 Oct 2026575,000
6 Oct 2026575,000
7 studio 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
7011-bedNo registered sale
702StudioNo registered sale
7031-bedNo registered sale
7041-bedNo registered sale
705StudioNo registered sale
7062-bedNo registered sale
7072-bedNo registered sale
1–7 of 18

712, Alwan Residence 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2020 on 8 Ejari contracts, from AED 26,600 to AED 47,000 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 21 January 2026.

Questions about 712, Alwan Residence 1

What is the rent for unit 712?

AED 47,000 a year on the contract renewed on 21 January 2026. The previous contract, from January 2025, was AED 39,400; the unit has been rented since June 2020.

How big is unit 712?

503 sqft (46.7 sqm): a studio on the 7th floor of a 18-storey tower.

What is unit 712 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.

Selling 712? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works