Alwan Residence 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Mr Bahjat Awda Musabh Abu Alhussain
407
Total Units
37
Sold
⃃ 575,000
Median Price
⃃ 930
Median Price /sqft
Construction progress: undefined%
Start: —Completion: —

Alwan Residence 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio216430 sqft - 500 sqft⃃ 0.6M (1,150 /sqft)⃃ 1,540 /sqft
-25.2
1 Bed142830 sqft - 990 sqft⃃ 0.6M (690 /sqft)⃃ 1,310 /sqft
-46.99
2 Beds361,310 sqft - 1,310 sqft⃃ 0.9M (670 /sqft)⃃ 1,260 /sqft
-46.93

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Alwan Residence 1Me'Aisem First
Jun 2022—970
Jul 2022—1.1K
Aug 2022—1.1K
Sep 2022750751
Oct 2022749991
Nov 2022—899
Dec 2022—840
Jan 2023—858
Feb 2023750860
Mar 2023—1.2K
Apr 2023—1.1K
May 2023—1.1K
Jun 2023—1.1K
Jul 2023—1.1K
Aug 2023—1.1K
Sep 2023—1.2K
Oct 2023—1.2K
Nov 2023—1.2K
Dec 2023—1.1K
Jan 2024—1.2K
Feb 2024—1.2K
Mar 2024—1.2K
Apr 2024—1.2K
May 2024—1.2K
Jun 2024—1.2K
Jul 20246821.3K
Aug 2024—1.2K
Sep 2024—1.2K
Oct 20248571.3K
Nov 20249181.2K
Dec 2024—1.2K
Jan 20259811.2K
Feb 20259781.3K
Mar 2025—1.3K
Apr 2025—1.3K
May 20259581.3K
Jun 2025—1.4K
Jul 2025—1.4K
Aug 2025—1.5K
Sep 2025—1.5K
Oct 20259081.4K
Nov 2025—1.3K
Dec 2025—1.3K
Jan 2026—1.4K
Feb 2026—1.4K
Mar 2026—1.4K
Apr 2026—1.4K
May 2026—1.4K
Jun 2026—1.3K
Jul 2026—1.5K
Aug 2026—1.4K
Sep 2026—1.5K
Oct 20261.1K1.4K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment10988 sqft10.05 sqft
1Apartment10992 sqft10.08 sqft
1Apartment10977 sqft10.08 sqft
1Apartment10835 sqft8.58 sqft
1Apartment10861 sqft7.76 sqft
1Apartment10861 sqft7.64 sqft
1Apartment10835 sqft8.58 sqft
1Apartment10965 sqft10.08 sqft
2Apartment101,306 sqft6.98 sqft
2Apartment101,308 sqft6.98 sqft
StudioApartment10433 sqft0 sqft
StudioApartment10502 sqft5.01 sqft
StudioApartment10501 sqft5.04 sqft
StudioApartment10500 sqft5.04 sqft
StudioApartment10501 sqft5.04 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment985 sqft10.08 sqft⃃ 965,023⃃ 980 /sqft27, Feb 2025
1Apartment963 sqft10.07 sqft⃃ 919,620⃃ 955 /sqft14, May 2025
1Apartment975 sqft10.07 sqft⃃ 671,362⃃ 689 /sqft06, Oct 2026
1Apartment986 sqft10.04 sqft⃃ 669,487⃃ 679 /sqft06, Oct 2026
1Apartment832 sqft8.54 sqft⃃ 580,000⃃ 697 /sqft06, Oct 2026
1Apartment833 sqft8.56 sqft⃃ 580,000⃃ 696 /sqft07, Oct 2026
2Apartment1,305 sqft6.95 sqft⃃ 1,255,308⃃ 962 /sqft14, May 2025
2Apartment1,307 sqft6.93 sqft⃃ 874,203⃃ 669 /sqft06, Oct 2026
StudioApartment499 sqft4.99 sqft⃃ 575,000⃃ 1,152 /sqft06, Oct 2026
StudioApartment478 sqft5.01 sqft⃃ 575,000⃃ 1,203 /sqft06, Oct 2026
StudioApartment500 sqft5.02 sqft⃃ 575,000⃃ 1,150 /sqft06, Oct 2026
StudioApartment500 sqft5.02 sqft⃃ 575,000⃃ 1,150 /sqft06, Oct 2026
StudioApartment502 sqft5.02 sqft⃃ 575,000⃃ 1,145 /sqft06, Oct 2026
StudioApartment502 sqft5.02 sqft⃃ 575,000⃃ 1,145 /sqft06, Oct 2026
StudioApartment500 sqft5.02 sqft⃃ 575,000⃃ 1,150 /sqft06, Oct 2026

Alwan Residence 1 Real Estate Data – FAQ

  • What is the current property supply in Alwan Residence 1?

    Alwan Residence 1 has a total residential supply of approximately 28 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Alwan Residence 1?

    Alwan Residence 1 recorded 12 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Alwan Residence 1?

    The median transaction price in Alwan Residence 1 is ⃃ 1,150 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Alwan Residence 1?

    The gross rental yield in Alwan Residence 1 is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Alwan Residence 1?

    Property prices in Alwan Residence 1 have shown a capital appreciation of 23.32% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Alwan Residence 1?

    There are currently 0 active off-plan projects in Alwan Residence 1, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Alwan Residence 1?

    The total off-plan pipeline in Alwan Residence 1 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Alwan Residence 1 a good area for property investment?

    Alwan Residence 1 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 7%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Alwan Residence 1, this is 7%, indicating relatively strong income performance compared to global markets.