Studio · 442 sqftNoor 3, Dubai Production City (IMPZ) · 16th floor · completed 2023

1602, Noor 3

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 570K29 August 2022
Current rentAED 55K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Noor 3

What is 1602 worth today?

Last sold for AED 570,265 in 2022

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15 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
29 Aug 2022Sold by developerOff-plan
AED 570,265AED 1,289 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
16th of 16
Parking
1
Developer
Deyaar
Completed
2023
Last sold
AED 570K · August 2022
Building
Noor 3

About 1602, Noor 3

1602 is a studio of 442 sqft on the 16th floor of Noor 3, a 16-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. The developer sold it on 29 August 2022 for AED 570,265, or AED 1,289 per sqft, in line with the AED 1,283 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2025. The current contract, signed on 15 April 2025, is AED 55,000 a year: a gross yield of 9.6% on the 2022 price.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical studio in Noor 3
500K600K2021202320252027Typical sale price by year: 2021 AED 503,556; 2022 AED 559,071; 2023 AED 550,000; 2024 AED 560,000; 2025 AED 580,000; 2026 AED 615,000Sold by developer, August 2022: AED 570,265 (AED 1,289 per sqft)

1602 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1602, each contractTypical studio in Noor 3
50K2024202520262027Typical rent by year: 2024 AED 42,500; 2025 AED 48,000; 2026 AED 47,000New contract, April 2025: AED 55,000 a year

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

Studios in Noor 3, and where 1602 sits

All 65 studios →

1602 last sold in August 2022 at AED 1,289 per sqft, in line with what studios in Noor 3 were fetching at the time (AED 1,283). Over the last 12 months studios sold for AED 550,000 to 650,000, around AED 1,377 per sqft, and rent for AED 40,000 to 59,000 a year. 1602's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Oct 2026580,000
29 Jul 2026650,000
16 Jun 2026600,000
17 Mar 2026620,000
8 studio sales in the last 12 months

Noor 3

Building

176 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2023 by Deyaar. 17 sold in the last 12 months.

Typical price per sqft
AED 1,405 Up 3.5%
Typical sale
AED 805K
Typical rent
AED 62K /yr
Typical yield
7.4%
Noor 3, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 16th floor

All 176 units in Noor 3
Value
1601StudioAED 555K · Aug 2022
16031-bedAED 1.1M · Jul 2025
16042-bedAED 1.22M · Oct 2024
1605StudioAED 561K · Jan 2023
1606StudioAED 568K · Aug 2022
1607StudioAED 568K · May 2024
1608StudioAED 561K · Sep 2025
1–7 of 11

1602, Noor 3 in numbers

  • Sold once: by Deyaar on 29 August 2022 for AED 570,265, or AED 1,289 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 9.6%.
  • Studios in Noor 3 sold for AED 550,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,405 per sqft.

Source: Dubai Land Department. Updated 15 April 2025.

Questions about 1602, Noor 3

What did unit 1602 last sell for?

AED 570,265 on 29 August 2022, sold by the developer: AED 1,289 per sqft for 442 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 55,000 a year on the contract signed on 15 April 2025.

How big is unit 1602?

442 sqft (41.1 sqm): a studio on the 16th floor of a 16-storey tower completed in 2023.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Noor 3 sold for AED 550,000 to 650,000 in the last 12 months, around AED 1,377 per sqft.

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Mortgage on 1602, Noor 3

Starts from the last sale price (AED 570K, 29 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 570,265
Deposit, UAE resident (20%)
AED 114,053
Deposit, non-resident (40%)
AED 228,106
Monthly over 25 years at 3.7%
AED 2,333

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