Project · Transactions · 2017

Noora Residence 1 Property Transactions 2017

11 property sales worth ⃃ 7.8M were registered in Noora Residence 1 in 2017, 35.3% lower than 2016 by number of sales. The median sale price was ⃃ 445,000 and the median price per square foot ⃃ 1,161 (+61.6% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 11 salesUpdated: 18 Oct 2026
Property sales
11
−35.3% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 7.8M
−8.3% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 445,000
+6.0% vs 2016
11 sales
Median price per sq ft
⃃ 1,161
+61.6% vs 2016
11 sales

What types of property sold in Noora Residence 1 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments872.7%⃃ 3.65M⃃ 425,000⃃ 1,112
Commercial327.3%⃃ 4.15M⃃ 1,384,355⃃ 2,033

How were 2017 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)436.4%⃃ 4.55M⃃ 1,370,452⃃ 2,033
Resale (secondary)763.6%⃃ 3.25M⃃ 425,000⃃ 1,111
Ready11100%⃃ 7.8M⃃ 445,000⃃ 1,161

How many rental contracts were registered in Noora Residence 1 in 2017?

38 rental contracts (new and renewed) were registered in Noora Residence 1 in 2017, at a median annual rent of ⃃ 50,000 (+3.3% on 2016). Rental yields in Noora Residence 1

What were the most expensive property sales in Noora Residence 1 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/10/2017Noora ResidenceCommercial693 sq ft⃃ 1,409,095Primary · Ready
26/10/2017Noora ResidenceCommercial681 sq ft⃃ 1,384,355Primary · Ready
26/10/2017Noora ResidenceCommercial667 sq ft⃃ 1,356,550Primary · Ready
08/03/2017Noora Residence1 bed · Apartment812 sq ft⃃ 655,000Resale · Ready
26/07/2017Noora ResidenceStudio · Apartment397 sq ft⃃ 480,000Resale · Ready
09/03/2017Noora ResidenceStudio · Apartment400 sq ft⃃ 445,000Resale · Ready
26/04/2017Noora ResidenceStudio · Apartment414 sq ft⃃ 425,000Resale · Ready
16/05/2017Noora ResidenceStudio · Apartment366 sq ft⃃ 425,000Resale · Ready
28/03/2017Noora ResidenceStudio · Apartment378 sq ft⃃ 420,000Resale · Ready
08/01/2017Noora ResidenceStudio · Apartment383 sq ft⃃ 400,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
26/10/2017Noora ResidenceCommercial681 sq ft⃃ 1,384,355Primary · Ready
26/10/2017Noora ResidenceCommercial693 sq ft⃃ 1,409,095Primary · Ready
26/10/2017Noora ResidenceCommercial667 sq ft⃃ 1,356,550Primary · Ready
26/07/2017Noora ResidenceStudio · Apartment397 sq ft⃃ 480,000Resale · Ready
24/05/2017Noora ResidenceStudio · Apartment343 sq ft⃃ 400,000Primary · Ready
16/05/2017Noora ResidenceStudio · Apartment366 sq ft⃃ 425,000Resale · Ready
26/04/2017Noora ResidenceStudio · Apartment414 sq ft⃃ 425,000Resale · Ready
28/03/2017Noora ResidenceStudio · Apartment378 sq ft⃃ 420,000Resale · Ready
09/03/2017Noora ResidenceStudio · Apartment400 sq ft⃃ 445,000Resale · Ready
08/03/2017Noora Residence1 bed · Apartment812 sq ft⃃ 655,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2017 with the whole of 2016.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/noora-residence-1/2017
Noora Residence 1 Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/noora-residence-1/2017

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Noora Residence 1 in 2017?
11 property sales worth ⃃ 7,800,000 were registered in Noora Residence 1 in 2017. That is 35.3% lower than 2016.
What was the median property price in Noora Residence 1 in 2017?
The median sale price was ⃃ 445,000 and the median price per square foot ⃃ 1,161 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Noora Residence 1 were off-plan or from developers?
Developer (primary) sales were 36.4% of the 11 sales and resales 63.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/noora-residence-1/2017