1-bed · 735 sqftNoor 2, Dubai Production City (IMPZ) · 5th floor · completed 2023

504, Noor 2

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 880K29 March 2023
Current rentAED 75K /yr5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Noor 2

What is 504 worth today?

Last sold for AED 880,172 in 2023

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5 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
29 Mar 2023Sold by developerOff-plan
AED 880,172AED 1,197 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
5th of 9
Parking
GZ3D11
Developer
Deyaar
Completed
2023
Last sold
AED 880K · March 2023
Building
Noor 2

About 504, Noor 2

504 is a one-bedroom apartment of 735 sqft on the 5th floor of Noor 2, a 9-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. The developer sold it on 29 March 2023 for AED 880,172, or AED 1,197 per sqft, in line with the AED 1,201 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 April 2024. The current contract, signed on 5 April 2024, is AED 75,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Noor 2
800K850K900K202220242026Typical sale price by year: 2022 AED 791,451; 2023 AED 800,000; 2024 AED 861,500; 2025 AED 875,000; 2026 AED 895,000Sold by developer, March 2023: AED 880,172 (AED 1,197 per sqft)

504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Noor 2
65K70K75K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 70,813; 2026 AED 70,000New contract, April 2024: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Noor 2, and where 504 sits

All 89 1-beds →

504 last sold in March 2023 at AED 1,197 per sqft, in line with what one-beds in Noor 2 were fetching at the time (AED 1,201). Over the last 12 months one-beds sold for AED 830,000 to 1,053,699, around AED 1,286 per sqft, and rent for AED 41,660 to 90,000 a year. 504's AED 75,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026930,000
3 Nov 2026830,000
26 Aug 2026850,000
6 Jul 2026900,000
13 1-bed sales in the last 12 months

Noor 2

Building

90 apartments, studios to 1-bed over 9 floors in Dubai Production City (IMPZ), completed in 2023 by Deyaar. 13 sold in the last 12 months.

Typical price per sqft
AED 1,286 Up 0.6%
Typical sale
AED 895K
Typical rent
AED 71K /yr
Typical yield
8.1%
Noor 2, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 5th floor

All 90 units in Noor 2
Value
5011-bedAED 790K · Jul 2022
5021-bedAED 813K · Oct 2022
5031-bedAED 766K · May 2022
5051-bedAED 784K · Mar 2022
5061-bedAED 784K · Jul 2022
5071-bedAED 85K · Aug 2024
5081-bedAED 748K · Jun 2022
1–7 of 9

504, Noor 2 in numbers

  • Sold once: by Deyaar on 29 March 2023 for AED 880,172, or AED 1,197 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 8.5%.
  • One-beds in Noor 2 sold for AED 830,000–1,053,699 in the 12 months to November 2026; the building's median across all types is AED 1,286 per sqft.

Source: Dubai Land Department. Updated 5 April 2024.

Questions about 504, Noor 2

What did unit 504 last sell for?

AED 880,172 on 29 March 2023, sold by the developer: AED 1,197 per sqft for 735 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 75,000 a year on the contract signed on 5 April 2024.

How big is unit 504?

735 sqft (68.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2023.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Noor 2 sold for AED 830,000 to 1,053,699 in the last 12 months, around AED 1,286 per sqft.

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Mortgage on 504, Noor 2

Starts from the last sale price (AED 880K, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 880,172
Deposit, UAE resident (20%)
AED 176,034
Deposit, non-resident (40%)
AED 352,069
Monthly over 25 years at 3.7%
AED 3,601

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →