Noora 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 International Merchant House
102
Total Units
101
Sold
AED 452,000
Median Price
AED 770
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Aug, 2014

Noora 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

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
1Apartment, 1011845 sqft15.43 sqft Check Availability
1Apartment, 1021899 sqft14.82 sqft Check Availability
1Apartment, 1031821 sqft12.55 sqft Check Availability
1Apartment, 1041837 sqft14.08 sqft Check Availability
1Apartment, 1051815 sqft12.48 sqft Check Availability
1Apartment, 1081858 sqft16.03 sqft Check Availability
1Apartment, 1091853 sqft15.58 sqft Check Availability
1Apartment, 1101852 sqft15.49 sqft Check Availability
1Apartment, 1111812 sqft15.65 sqft Check Availability
1Apartment, 11211,207 sqft44.98 sqft Check Availability
2Apartment, 10711,185 sqft23.88 sqft Check Availability
StudioApartment, 1061397 sqft6.28 sqft Check Availability
StudioApartment, 1131396 sqft6.57 sqft Check Availability
StudioApartment, 1141396 sqft6.57 sqft Check Availability
StudioApartment, 1151383 sqft4.13 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
No data found

Noora Residence 1 Real Estate Data – FAQ

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

    Noora Residence 1 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 1?

    Noora Residence 1 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 1?

    The median transaction price in Noora Residence 1 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 1?

    The gross rental yield in Noora Residence 1 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 1?

    Property prices in Noora Residence 1 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 1?

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

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

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

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

    Noora Residence 1 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 1, this is %, indicating relatively strong income performance compared to global markets.

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