2-bed · 1,228 sqftNoor 5, Dubai Production City (IMPZ) · 5th floor · completed 2023

516, Noor 5

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 29 March 2023
Last soldAED 1.4M29 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Noor 5

What is 516 worth today?

Last sold for AED 1,397,429 in 2023

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29 Mar 2023Sold by developerOff-plan
AED 1,397,429AED 1,138 per sqft

Source: Dubai Land Department. Updated 29 March 2023.

Key facts

Type
2-bed apartment
Size
1,228 sqft
Floor
5th of 7
Parking
GZ4E20
Developer
Deyaar
Completed
2023
Last sold
AED 1.4M · March 2023
Building
Noor 5

About 516, Noor 5

516 is a two-bedroom apartment of 1,228 sqft on the 5th floor of Noor 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. The developer sold it on 29 March 2023 for AED 1,397,429, or AED 1,138 per sqft, in line with the AED 1,129 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, 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, March 2023: AED 1,397,429 (AED 1,138 per sqft)

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

Rents
Unit 516, each contractTypical two-bed in Noor 5
105K108K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 110,000

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 516 sits

All 111 2-beds →

516 last sold in March 2023 at AED 1,138 per sqft, in line with what two-beds in Noor 5 were fetching at the time (AED 1,129). 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.

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 5th floor

All 147 units in Noor 5
Value
5012-bedAED 1.43M · Feb 2025
5022-bedAED 1.23M · May 2021
5032-bedAED 1.29M · Aug 2023
5042-bedAED 1.35M · Oct 2024
5051-bedAED 900K · Aug 2025
5062-bedAED 1.38M · May 2022
5073-bedAED 2.2M · Aug 2025
1–7 of 20

516, Noor 5 in numbers

  • Sold once: by Deyaar on 29 March 2023 for AED 1,397,429, or AED 1,138 per sqft.
  • 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 29 March 2023.

Questions about 516, Noor 5

What did unit 516 last sell for?

AED 1,397,429 on 29 March 2023, sold by the developer: AED 1,138 per sqft for 1,228 sqft. It is the only registered sale of the unit.

How big is unit 516?

1,228 sqft (114.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2023.

What is unit 516 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 516, Noor 5

Starts from the last sale price (AED 1.4M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,397,429
Deposit, UAE resident (20%)
AED 279,486
Deposit, non-resident (40%)
AED 558,972
Monthly over 25 years at 3.7%
AED 5,717

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