Studio · 480 sqftAlwan Residence 1, Dubai Production City (IMPZ) · 7th floor

717, 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 717 · DLD and Ejari recordsUpdated 10 October 2026
Current rentAED 43K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Alwan Residence 1

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10 Oct 2026RentedNew contract
AED 43,320/yr12 months · AED 90 per sqft
12 Sep 2025RentedRenewal
AED 45,770/yr12 months · AED 95 per sqft
12 Sep 2024RentedRenewal
AED 40,010/yr12 months · AED 83 per sqft
12 Sep 2023RentedNew contract
AED 38,500/yr12 months · AED 80 per sqft
10 Aug 2022RentedNew contract
AED 27,600/yr12 months · AED 58 per sqft
10 Jul 2021RentedNew contract
AED 24,100/yr13 months · AED 47 per sqft
19 Apr 2020RentedNew contract
AED 25,600/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
480 sqft
Floor
7th of 18
Parking
P2-60
Last sold
No registered sale

About 717, Alwan Residence 1

717 is a studio of 480 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, signed on 10 October 2026, is AED 43,320 a year.

Sales and rents for 717 over time

Sales
Unit 717, 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 717; the dashed line is the studio median of each year in the building.

Rents
Unit 717, each contractTypical studio in Alwan Residence 1
30K40K2020202220242026Typical 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, April 2020: AED 25,600 a yearNew contract, July 2021: AED 24,100 a yearNew contract, August 2022: AED 27,600 a yearNew contract, September 2023: AED 38,500 a yearRenewal, September 2024: AED 40,010 a yearRenewal, September 2025: AED 45,770 a yearNew contract, October 2026: AED 43,320 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 717 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. 717's AED 43,320 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

717, Alwan Residence 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since April 2020 on 7 Ejari contracts, from AED 25,600 to AED 43,320 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 10 October 2026.

Questions about 717, Alwan Residence 1

What is the rent for unit 717?

AED 43,320 a year on the contract signed on 10 October 2026. The previous contract, from September 2025, was AED 45,770; the unit has been rented since April 2020.

How big is unit 717?

480 sqft (44.6 sqm): a studio on the 7th floor of a 18-storey tower.

What is unit 717 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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