Noora Residence

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 International Merchant House
101
Total Units
101
Sold
AED 452,000
Median Price
AED 770
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Aug, 2014

Noora Residence 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

Studio54320 sqft - 540 sqftAED 0.4M (980 /sqft)AED 1,720 /sqft
-43.23
1 Bed31700 sqft - 1,900 sqftAED 1M (830 /sqft)AED 1,430 /sqft
-41.95
2 Beds131,190 sqft - 3,670 sqftAED 2.6M (810 /sqft)AED 1,310 /sqft
-38.15

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

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.

BedsCategoryFloorSize Balcony
StudioApartment, G14366 sqft3.88 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment1,207 sqft44.98 sqft 1AED 1,010,314AED 837 /sqft 01, Apr 2015
1Apartment899 sqft14.82 sqft 1AED 694,245AED 772 /sqft 12, Jan 2015
1Apartment837 sqft14.08 sqft 1AED 665,000AED 795 /sqft 11, Sep 2024
1Apartment845 sqft15.43 sqft 1AED 605,151AED 716 /sqft 07, Aug 2016
1Apartment821 sqft12.55 sqft 1AED 603,000AED 734 /sqft 10, Mar 2015
1Apartment815 sqft12.48 sqft 1AED 580,707AED 713 /sqft 31, Dec 2015
1Apartment812 sqft15.65 sqft 1AED 430,000AED 530 /sqft 08, Dec 2022
1Apartment852 sqft15.49 sqft 1AED 400,000AED 469 /sqft 30, Jun 2021
1Apartment858 sqft16.03 sqft 1AED 387,500AED 452 /sqft 25, Dec 2019
1Apartment853 sqft15.58 sqft 1AED 387,500AED 454 /sqft 25, Dec 2019
2Apartment1,185 sqft23.88 sqft 1AED 930,000AED 785 /sqft 28, Aug 2025
StudioApartment396 sqft6.57 sqft 1AED 480,000AED 1,212 /sqft 23, Feb 2015
StudioApartment366 sqft3.8 sqft 1AED 423,555AED 1,157 /sqft 18, Jan 2015
StudioApartment397 sqft6.28 sqft 1AED 400,000AED 1,008 /sqft 05, Feb 2016
StudioApartment383 sqft4.13 sqft 1AED 380,000AED 992 /sqft 14, May 2024

Noora Residence Real Estate Data – FAQ

  • What is the current property supply in Noora Residence?

    Noora Residence has a total residential supply of approximately 29 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Noora Residence?

    Noora Residence recorded 5 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Noora Residence?

    The median transaction price in Noora Residence is AED 890 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Noora Residence?

    The gross rental yield in Noora Residence is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Noora Residence?

    Property prices in Noora Residence have shown a capital appreciation of 43% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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

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

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  • What is the future supply pipeline in Noora Residence?

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

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  • Is Noora Residence a good area for property investment?

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

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  • 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.

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  • 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.

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  • What does rental yield represent?

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

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