Studio · 501 sqftAlwan Residence 1, Dubai Production City (IMPZ) · 9th floor

908, 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 908 · DLD and Ejari recordsUpdated 25 May 2025
Current rentAED 43K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Alwan Residence 1

What is 908 worth today?

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25 May 2025RentedRenewal
AED 42,600/yr12 months · AED 85 per sqft
25 May 2024RentedRenewal
AED 36,600/yr12 months · AED 73 per sqft
25 May 2023RentedRenewal
AED 26,900/yr12 months · AED 54 per sqft
25 May 2022RentedNew contract
AED 24,600/yr12 months · AED 47 per sqft
25 Apr 2021RentedRenewal
AED 24,100/yr13 months · AED 46 per sqft
25 Mar 2020RentedNew contract
AED 27,600/yr13 months · AED 53 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
9th of 18
Parking
P2-2
Last sold
No registered sale

About 908, Alwan Residence 1

908 is a studio of 501 sqft on the 9th 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 6 Ejari contracts. The current contract, renewed on 25 May 2025, is AED 42,600 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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 908; the dashed line is the studio median of each year in the building.

Rents
Unit 908, 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, March 2020: AED 27,600 a yearRenewal, April 2021: AED 24,100 a yearNew contract, May 2022: AED 24,600 a yearRenewal, May 2023: AED 26,900 a yearRenewal, May 2024: AED 36,600 a yearRenewal, May 2025: AED 42,600 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 908 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. 908's AED 42,600 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 9th floor

All 164 units in Alwan Residence 1
Value
9011-bedNo registered sale
902StudioNo registered sale
9031-bedNo registered sale
9041-bedNo registered sale
905StudioNo registered sale
9062-bedNo registered sale
9072-bedNo registered sale
1–7 of 21

908, Alwan Residence 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 27,600 to AED 24,100 in 2021 and recovered to AED 42,600 by May 2025.
  • 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 25 May 2025.

Questions about 908, Alwan Residence 1

What is the rent for unit 908?

AED 42,600 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 36,600; the unit has been rented since March 2020.

How big is unit 908?

501 sqft (46.5 sqm): a studio on the 9th floor of a 18-storey tower.

What is unit 908 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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