How much does a studio in Alwan Residence 1 cost?

The median registered sale price is AED 455,500 (909 AED/sqft), from 14 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Alwan Residence 1 selling for right now?

Registered sales of ready units in Alwan Residence 1 over the last 12 months have a median of 908 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Alwan Residence 1 risen or fallen?

Median price per square foot moved -7.1% over the last 12 months against the 12 before it, on 14 registered sales. On a sample this size, read the direction rather than the exact figure.

Does Alwan Residence 1 earn more short-let than long-let?

A night asks a median of AED 429, which models to 21.39% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.

How many apartments change hands in Alwan Residence 1?

14 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Alwan Residence 1 — sale prices & yield

Buy: 455,500AED; AED 908/sqft
Short-let: 21.39%; AED 429/night · 0.86/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 12 months, most recent October 2025.

AED/yr/sqft: —
Sales: 14
Rental contracts: 0
Short-let listings seen: 4+

12 months: -7.1%
3 years: +21.1%+6.6%/yr

Based on 14 sales and 0 rental contracts in the last 24 months.

Alwan Residence 1 is an apartment building in Production City, Dubai. The closest metro station is Damac Properties, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2022 to 2025, 124 registered sales in all — the 14 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Alwan Residence 1, by year.

Median AED per sqft by year, with fainter bars resting on fewer sales. Too few monthly records here to draw an honest monthly line.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 455,500	909	—	-7.1%	14
1 bed	AED 921,400	955	—	-2.5%	7
2 bed	AED 1.13M	864	—	-20.4%	2

Deltas compare each yield with the Production City median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Alwan Residence 1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	429	0.86	AED 97,445	—	—	21.39%	4+
1 bed500m	392	0.41	AED 80,537	—	—	8.74%	6+
2 bed500m	705	0.54	AED 152,056	—	—	13.48%	2+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Alwan Residence 1 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

14 resales in the last 12 months, against 15 a year on average over 2023–2025.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

Nothing registered in the last 3 months. Try a wider window.

Nearby

Metro: Damac Properties
Mall: Marina Mall
Landmark: Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Production City, on the same figures over the same window.

Common questions

How much does a studio in Alwan Residence 1 cost?: The median registered sale price is AED 455,500 (909 AED/sqft), from 14 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Alwan Residence 1 selling for right now?: Registered sales of ready units in Alwan Residence 1 over the last 12 months have a median of 908 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Alwan Residence 1 risen or fallen?: Median price per square foot moved -7.1% over the last 12 months against the 12 before it, on 14 registered sales. On a sample this size, read the direction rather than the exact figure.
Does Alwan Residence 1 earn more short-let than long-let?: A night asks a median of AED 429, which models to 21.39% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.
How many apartments change hands in Alwan Residence 1?: 14 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Alwan Residence 1