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Alwan Residence 1

A studio in Alwan Residence 1 costs a median AED 575,000 and returns 14.7% short-term at the assumed 70% occupancy.

Satellite view of Alwan Residence 1, Dubai Production City, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

Studio · typical price

575,000AED

AED 1,151/sqft · +26.6% on a year

vs Dubai Production City
22% below the median
Cost to buy, all inAED 614,275
Price
AED 575,000
DLD fee 4%
AED 23,000
Agent 2% + VAT
AED 12,075
Trustee
AED 4,200

Against this building’s registered sales of the same type.

Ask about Alwan Residence 1 →

Is Alwan Residence 1 a good investment?Prices rising; lots of new supply is coming; no record of the yield and the rent trend

  1. Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
  2. Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
  3. Are prices going up?Studio: AED 909/sqft a year ago, 1,151 now+26.6%Strength
  4. How fast do fees pay back?AED 39,275 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 39,275
  5. Can I sell easily?12 sales in 12 months (23 the year before)12
  6. Is a lot being built nearby?3,449 apartments are planned in Dubai Production City from 2026 to 2028, equal to 54% of the 6,406 homes let there today. A further 1,882 are past their planned date. Dubai Production City supply by year →54%Watch
  7. Did earlier buyers gain?Up 53% for buyers 3 years ago, before fees+52.6%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Alwan Residence 1 prices and rents by unit typeA studio costs about AED 575,000

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 575,0001,151/sqftnot yet letnot yet let+26.6%7
1 bedAED 624,744692/sqftnot yet letnot yet letunder 5 sales in a year4
2 bedAED 874,202669/sqftnot yet letnot yet letunder 5 sales in a year1
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Dubai Production City · area median AED 1,466/sqft

3 years
+53.4% · +15.3%/yr
vs area median
-21.5%
Rank by price per sqft
28th of 38

Short-term income

Studio · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 429
Net revenue
AED 84,238/yr
Listings seen
4+

Read with care

  • No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid by year, Studio, with fainter bars resting on fewer sales. Too few monthly records in Alwan Residence 1 to draw an honest monthly line.

Chart data, Studio: 2022, AED 375,473; latest, 2026, AED 575,000; peak, 2026, AED 575,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,145 · before fees

3 years ago
750
+53%
Previous 12 months
928
+23%
Last 12 months
1,145
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

DateTypeSqftPriceAED/sqft
7 Oct 2026Studio478AED 575,0001,203
7 Oct 2026Studio499AED 575,0001,152
7 Oct 2026Studio502AED 575,0001,145
7 Oct 2026Studio500AED 575,0001,151
7 Oct 20261 bed832AED 580,000697
7 Oct 20261 bed975AED 671,362688
7 Oct 20261 bed986AED 669,487679
7 Oct 20262 bed1,307AED 874,202669
7 Oct 2026Studio500AED 575,0001,151
7 Oct 20261 bed833AED 580,000697

12 resales in the last 12 months.

Short-term rates around Alwan Residence 1

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio500 m cluster · 4+ listings seen4290.86/sqftAED 84,238——14.7%
1 bed500 m cluster · 6+ listings seen3920.43/sqftAED 69,500——11.1%
2 bed500 m cluster · 2+ listings seen7050.54/sqftAED 130,294———

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Dubai Production City

Every Dubai Production City building with a page, ranked by price per sqft over the same 12 months, all unit types. Alwan Residence 1 places 43rd of 62; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
39Mesk 2Completed 2022AED 1.48M1,235+7.9%7.0%-1.1%21
40Afnan 1Completed 2019 · off-plan 969/sqftAED 775,0001,223+6.8%8.1%+9.3%13
41Afnan 4Completed 2019 · off-plan 1,044/sqftAED 765,0001,199+4.8%8.2%+1.5%12
42Soul by vision77% · Q4 2026 · off-plan 1,162/sqftAED 950,0001,165+1.8%6.6%+2.3%137
43Alwan Residence 1 · this buildingAED 575,0001,145—+23.3%12
44Lakeside DCompleted 2014 · off-plan 976/sqftAED 400,0001,056-7.7%9.5%+11.4%36
45Lakeside BCompleted 2014 · off-plan 961/sqftAED 410,0001,054-7.9%9.3%+12.8%57
46Lakeside CCompleted 2014 · off-plan 982/sqftAED 410,0001,048-8.4%9.3%+7.8%42
47Lakeside ACompleted 2014 · off-plan 934/sqftAED 405,0001,042-8.9%9.4%+6.3%39

Rank 1 is the dearest per square foot. Differences are against Alwan Residence 1 (AED 1,145/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, Alwan Residence 1 has registered sale prices 22% below the Dubai Production City median price per square foot of 1,466 AED, across 38 eligible buildings. It ranks 28th of 38 by price per square foot in Dubai Production City.

Market context in Dubai Production City

Registered sales activity

805 ready apartment sales in the 12 months to 2026-10-12.

+5.5% in median AED/sqft versus the preceding year, supported by 805 current and 1,116 prior price observations.

Explore sales activity

Planned apartment projects

2,784 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 3 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

3,449 apartments are planned in Dubai Production City from 2026 to 2028, equal to 54% of the 6,406 homes let there today.

Ready prices per sqft fell in 11% of 45 buildings (counted once per bedroom type) in Dubai Production City with sales in both years; the typical one moved +6.8%.

New-lease rents fell in 38% of 13 buildings (counted once per bedroom type) with leases in both years; the typical one moved +2.3%.

How these are counted
Find service-charge budget evidence for Alwan Residence 1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Alwan Residence 1

Alwan Residence 1 is an apartment building in Dubai Production City. 74 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
24 min · 25 km
DXB Airport
26 min · 34 km
DIFC
21 min · 29 km
Dubai Marina
16 min · 15 km
Palm Jumeirah
24 min · 22 km

Nearest, as registered

Metro
Damac Properties
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Alwan Residence 1: AED 1,145 per sq ft, 9% below the median Dubai Production City building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Alwan Residence 1AED 1,145
  2. Dubai Production City, readyAED 991
  3. Dubai Production City, off-planAED 1,407
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Dubai Production City, by handover quarter

Nearby in Dubai Production City

Prices per sq ft around Alwan Residence 1, on the map
Pills show median sale price, AED. 63 buildings pinned from Google place records and Apple geocoding · Alwan Residence 1 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Alwan Residence 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
—
4.5% over 25 years
Monthly rent
—
Cash needed at purchase
—

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

Ask about Alwan Residence 1

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Common questions

What is the rental yield in Alwan Residence 1?
No gross yield is published for Alwan Residence 1 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 7 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Dubai Production City median is 9.1% gross.
How much does a studio in Alwan Residence 1 cost?
The median registered sale price is AED 575,000 (1,151 AED/sqft), from 7 Dubai Land Department sales in the last 12 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 1,151 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Alwan Residence 1 risen or fallen?
Median price per square foot moved +26.6% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
Does Alwan Residence 1 earn more short-term than long-let?
A night asks a median of AED 429, which models to 14.7% net at an assumed 70% 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.

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Alwan Residence 1 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
7 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/production-city/alwan-residence-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Alwan Residence 1 sale prices and yield.” Dubai Production City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/production-city/alwan-residence-1

Stable dataJSON