Alwan Residence, Dubai Production City
Alwan Residence is a 22-storey residential apartment tower in Me'Aisem First, part of Dubai Production City (formerly International Media Production Zone). Developed by Mr Bahjat Awda Musabh Abu Alhussain, construction began in January 2015 and the tower was completed around the fourth quarter of 2018. The tower holds an estimated 220 apartments across studio, one-bedroom and two-bedroom layouts. This guide covers Alwan Residence's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Mr Bahjat Awda Musabh Abu Alhussain
Storeys
22
Total units
~220 (88 studio, 88 1-bed, 44 2-bed)
Completed
Q4 2018
Location
Me'Aisem First, Dubai Production City

About Alwan Residence
Alwan Residence is a 22-storey residential apartment tower in Me'Aisem First, part of Dubai Production City (formerly International Media Production Zone, or IMPZ), Dubai. The tower was developed by Mr Bahjat Awda Musabh Abu Alhussain, with construction starting in January 2015 and the building completed and delivered around the fourth quarter of 2018.
Some property portals and Dubai Land Department transaction records label the building "Alwan Residence 1," but this reflects a registration-naming convention rather than a separate numbered complex: Alwan Residence is a single tower, not a multi-building development. The tower holds an estimated 220 apartments, split roughly between studio, one-bedroom and two-bedroom layouts, and sits on a freehold basis in one of Dubai's more accessibly priced production and media-industry communities.
Building structure, developer, storey count and construction timeline per propsearch.ae, bayut.com's building guide and datahabibi.ae's building-data page. Alwan Residence has no separate numbered sub-buildings.
Location & Nearby Landmarks
Alwan Residence sits in Me'Aisem First, part of Dubai Production City, off Al Fay Road. The tower is directly adjacent to Lakeside by DAMAC, a large four-tower apartment complex, and close to two other established Dubai Production City developments, Lago Vista and The Crescent Tower, both multi-tower complexes in their own right.
City Centre Me'aisem, a shopping and dining destination with outlets including Chili's, Subway and McDonald's, is about three minutes away, and Dubai International Stadium, which hosts international cricket matches, is roughly ten minutes away. Golf enthusiasts have easy access to the Jumeirah Golf Estates Club House and The Els Club, both about 11 to 12 minutes from the tower. Families in the area can reach several well-regarded schools, including Sunmarke School (1.5 km) and GEMS School of Research and Innovation (1.6 km), alongside "Outstanding"-rated options such as Nord Anglia International School Dubai and Dubai British School Emirates Hills nearby. Royale Stays also covers Elite 10 Sports Residence, roughly 0.4 km away. For a wider view of the area's short-term rental market, see Royale Stays' full guide to Airbnb property management in Dubai.
Location, sub-community and nearby-neighbour detail per bayut.com's building guide and propsearch.ae's schools and amenities proximity dataset.
Unit Types at Alwan Residence
Alwan Residence offers three unit types: studio apartments of roughly 430 to 510 square feet, one-bedroom apartments of roughly 830 to 1,075 square feet, and two-bedroom apartments of roughly 1,300 to 1,400 square feet. Based on available building-research data, the tower holds an estimated 220 units in total, with studios and one-bedroom apartments each accounting for around 88 units and two-bedroom apartments making up a smaller share of around 44 units.
Layouts follow a standard apartment format with a living/dining area, kitchen and balcony in every unit, positioning Alwan Residence as a practical, moderately priced option in Dubai Production City rather than a branded-residence-style development.
Unit types per bayut.com and datahabibi.ae; the 88/88/44 unit-count breakdown is per datahabibi.ae. Size ranges are approximate bands, reflecting minor variance between datahabibi.ae's overview and its pricing table.
Amenities at Alwan Residence
Residents of Alwan Residence have access to a shared swimming pool and a fully equipped gymnasium, along with three levels of podium and covered parking. The building maintains 24-hour security supported by CCTV monitoring, plus 24-hour concierge staff to welcome visitors and guests.
Seven high-speed elevators serve the tower's 22 floors. On the ground floor, KP Mart provides a convenient mini mart for everyday essentials without residents needing to leave the building.
Core amenities (swimming pool, gymnasium, covered parking, 24-hour security) per bayut.com and datahabibi.ae. Elevator count, concierge detail and ground-floor retail tenant per bayut.com and propsearch.ae respectively.
Transportation & Access
Alwan Residence's Dubai Production City location puts it within a 20 to 25-minute drive of several of Dubai's key destinations: about 17 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab, 20 minutes to The Walk at JBR, and 22 minutes to Dubai Mall in Downtown Dubai, all drive times that assume typical traffic conditions.
Dubai International Airport (DXB) is roughly a 28-minute drive, while Al Maktoum International Airport (DWC) in Dubai South is about 30 minutes away. Sheikh Mohammed Bin Zayed Road and Al Khail Road, the two arterial routes connecting Dubai Production City to the rest of the city, are both around five minutes from the building, and the nearest bus stops are roughly a four-minute walk away.
Drive times to city landmarks sourced from propsearch.ae's building guide, calculated via Google Maps under typical traffic conditions. Road-access and bus-stop walk times sourced from bayut.com's building guide.
Sale Prices & What to Expect
Recent Dubai Land Department-registered sales at Alwan Residence show studio apartments transacting broadly in the AED 454,000 to AED 500,000 range for units sized around 500 square feet, one-bedroom apartments in the AED 769,000 to AED 921,000 range for units sized roughly 835 to 992 square feet, and two-bedroom apartments trading around AED 1,000,000 for a 1,306 square foot unit.
Price per square foot across recent transactions runs broadly from about AED 880 to AED 1,100, varying by unit type, floor and exact size. On the rental side, per building-research data, studio apartments have recently rented in the AED 21,000 to AED 24,000 per year range, one-bedroom apartments around AED 38,000 to AED 39,000 per year, and two-bedroom apartments around AED 59,000 per year, positioning Alwan Residence as an accessibly priced option relative to Dubai's better-known waterfront and Downtown addresses.
Sale price figures per propsearch.ae's and datahabibi.ae's Dubai Land Department-linked transaction tables, which republish the DLD Open Data feed. Rental figures per bayut.com's building guide.
Airbnb & Rental Income Potential
Alwan Residence functions today as a long-term sale-and-rental building rather than a short-term or Airbnb-oriented address: every transaction identified in Dubai Land Department records for this tower is a standard annual rental contract or freehold sale, with no evidence of an existing short-term rental market at the property.
Dubai Production City is not currently one of Royale Stays' five core managed areas (Palm Jumeirah, Dubai Marina, Downtown Dubai, JBR and Business Bay), so this guide does not claim a Royale Stays management track record at Alwan Residence specifically. Mr Bahjat Awda Musabh Abu Alhussain is a private, individual developer rather than a restricted hotel brand, so there is no confirmed policy barrier to running a licensed holiday home in the building.
Every short-term rental in Dubai requires a DTCM holiday home permit. Royale Stays can arrange the permit application and manage the day-to-day operation, including for owners based overseas, for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications. See Royale Stays' Dubai holiday home permit guide for the current permit process.
Absence of an existing short-term rental market confirmed by reviewing the full visible transaction feed on both propsearch.ae and datahabibi.ae, in which every sale and rental record is a standard annual/freehold transaction. To our knowledge, no short-term rental prohibition applies to individually developed, non-hotel-branded buildings such as this one.
Questions