2-bed · 1,184 sqftNoor 5, Dubai Production City (IMPZ) · 3rd floor · completed 2023

308, Noor 5

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.39M30 June 2022
Current rentAED 95K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Noor 5

What is 308 worth today?

Last sold for AED 1,386,492 in 2022

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15 Aug 2025RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
15 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft
30 Jun 2022Sold by developerOff-plan
AED 1,386,492AED 1,170 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
3rd of 7
Parking
1
Developer
Deyaar
Completed
2023
Last sold
AED 1.39M · June 2022
Building
Noor 5

About 308, Noor 5

308 is a two-bedroom apartment of 1,184 sqft on the 3rd floor of Noor 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. The developer sold it on 30 June 2022 for AED 1,386,492, or AED 1,170 per sqft, 9% above the AED 1,075 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 95,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Noor 5
1.2M1.4M1.6M2021202320252027Typical sale price by year: 2021 AED 1,262,480; 2022 AED 1,318,438; 2023 AED 1,365,428; 2024 AED 1,357,891; 2025 AED 1,500,000; 2026 AED 1,650,000Sold by developer, June 2022: AED 1,386,492 (AED 1,170 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Noor 5
90K100K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 110,000New contract, August 2024: AED 90,000 a yearRenewal, August 2025: AED 95,000 a year

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

2-beds in Noor 5, and where 308 sits

All 111 2-beds →

308 last sold in June 2022 at AED 1,170 per sqft, 9% above what two-beds in Noor 5 were fetching at the time (AED 1,075). Over the last 12 months two-beds sold for AED 1,308,605 to 1,710,000, around AED 1,373 per sqft, and rent for AED 82,410 to 150,000 a year. 308's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jun 20261,650,000
24 Apr 20261,675,000
2 Feb 20261,580,000
25 Dec 20251,308,605
6 2-bed sales in the last 12 months

Noor 5

Building

147 apartments, 1-bed to 3-bed over 7 floors in Dubai Production City (IMPZ), completed in 2023 by Deyaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,360
Typical sale
AED 1.62M
Typical rent
AED 105K /yr
Typical yield
6.5%
Noor 5, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 3rd floor

All 147 units in Noor 5
Value
3012-bedAED 1.25M · May 2021
3022-bedAED 1.23M · Apr 2021
3032-bedAED 1.26M · May 2021
3042-bedAED 1.43M · Nov 2024
3051-bedAED 940K · Oct 2024
3062-bedAED 1.39M · Feb 2025
3072-bedAED 1.35M · Jul 2024
1–7 of 20

308, Noor 5 in numbers

  • Sold once: by Deyaar on 30 June 2022 for AED 1,386,492, or AED 1,170 per sqft.
  • Rented since August 2024 on 2 Ejari contracts, from AED 90,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 6.9%.
  • Two-beds in Noor 5 sold for AED 1,308,605–1,710,000 in the 12 months to November 2026; the building's median across all types is AED 1,360 per sqft.

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 308, Noor 5

What did unit 308 last sell for?

AED 1,386,492 on 30 June 2022, sold by the developer: AED 1,170 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 95,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 90,000.

How big is unit 308?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2023.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Noor 5 sold for AED 1,308,605 to 1,710,000 in the last 12 months, around AED 1,373 per sqft.

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Mortgage on 308, Noor 5

Starts from the last sale price (AED 1.39M, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,386,492
Deposit, UAE resident (20%)
AED 277,298
Deposit, non-resident (40%)
AED 554,597
Monthly over 25 years at 3.7%
AED 5,673

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