Alwan Residence 1
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Alwan Residence 1 is an in-progress apartment development in International Media Production Zone, Me'Aisem First. 62 sales are registered with the Dubai Land Department, at a current PIX© price of AED 915 per sqft. At AED 915 per sqft, Alwan Residence 1 prices 29% below the International Media Production Zone average of AED 1,281 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|
PIX© Core Project-Wide — | 635K | 915 | ↓5.6% | 59K | 9.3% | |
| Residential | ||||||
Studio · Apartment 432 – 503 sqft | ||||||
1 Bed · Apartment 832 – 992 sqft | ||||||
2 Bed · Apartment 1,305 – 1,307 sqft | — | |||||
| Commercial | ||||||
Office — | — | — | — | — | — | |
Shop — | — | — | — | — | — | — |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 4 Oct 2025 | Floor 4 | 835 | 921,400 | 1,103 | +47.1% | Premium | Standard Sale |
| 4 Oct 2025 | Floor 4 | 977 | 921,400 | 943 | +25.8% | Standard | Standard Sale |
| 4 Oct 2025 | Floor 4 | 992 | 921,400 | 928 | +23.8% | Entry Level | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 735 rentals |
| Floors 1-4 | 154 rentals |
| Floors 5-8 | 169 rentals |
| Floor 9 | 40 rentals |
| Floors 10-18 | 372 rentals |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 15 Aug 2026 | Studio | Floor 12 | 501 | 46,920 | 94 | +33.3% | Standard | new |
| 12 Aug 2026 | Studio | Floor 5 | 501 | 46,500 | 93 | 0.0% | Entry Level | new |
| 11 Aug 2026 | 1 Bed | Floor 14 | 835 | 60,000 | 72 | -11.8% | Entry Level | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in International Media Production Zone
The closest-priced registered projects in International Media Production Zone.
- Ikarus TowerAED 971/sqft
- Centrium TowerAED 856/sqft
- LakesideAED 982/sqft
- The CrescentAED 847/sqft
- Oakwood ResidencyAED 791/sqft
- Lago VistaAED 761/sqft
Common questions about Alwan Residence 1
Answered from Dubai Land Department registered transactions.
How much does a property in Alwan Residence 1 cost?
Property in Alwan Residence 1 sells at a current PIX© price of AED 915 per sqft, or about AED 634,614 for a typical unit, based on 62 sales registered with the Dubai Land Department.
When is Alwan Residence 1 handing over?
Alwan Residence 1 is under construction.
What is the rental yield in Alwan Residence 1?
Alwan Residence 1 yields 9.3% gross, calculated from current PIX© rent against current PIX© sale price, across 2,542 registered Ejari contracts.
Have prices in Alwan Residence 1 gone up or down?
Price per sqft has fallen -5.6% over the last 12 months, to AED 915, across 62 registered sales.