2-bed · 1,192 sqftNoor 5, Dubai Production City (IMPZ) · 7th floor · completed 2023

711, Noor 5

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

Unit 711 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 1.44M4 April 2023
Current rentAED 84K /yr19 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Noor 5

What is 711 worth today?

Last sold for AED 1,440,302 in 2023

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19 Aug 2024RentedNew contract
AED 84,000/yr12 months · AED 70 per sqft
4 Apr 2023Sold by developerOff-plan
AED 1,440,302AED 1,208 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
2-bed apartment
Size
1,192 sqft
Floor
7th of 7
Parking
GZ4E17
Developer
Deyaar
Completed
2023
Last sold
AED 1.44M · April 2023
Building
Noor 5

About 711, Noor 5

711 is a two-bedroom apartment of 1,192 sqft on the 7th floor of Noor 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. The developer sold it on 4 April 2023 for AED 1,440,302, or AED 1,208 per sqft, 7% above the AED 1,131 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 August 2024. The current contract, signed on 19 August 2024, is AED 84,000 a year: a gross yield of 5.8% on the 2023 price.

Sales and rents for 711 over time

Sales
Unit 711, 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, April 2023: AED 1,440,302 (AED 1,208 per sqft)

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

Rents
Unit 711, each contractTypical two-bed in Noor 5
80K100K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 110,000New contract, August 2024: AED 84,000 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 711 sits

All 111 2-beds →

711 last sold in April 2023 at AED 1,208 per sqft, 7% above what two-beds in Noor 5 were fetching at the time (AED 1,131). 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. 711's AED 84,000 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 7th floor

All 147 units in Noor 5
Value
7012-bedAED 1.28M · Mar 2022
7022-bedAED 1.29M · Dec 2023
7032-bedAED 1.44M · Dec 2024
7042-bedAED 1.39M · Oct 2024
7051-bedAED 837K · Oct 2021
7063-bedAED 1.87M · Aug 2023
7073-bedAED 2.06M · Apr 2023
1–7 of 11

711, Noor 5 in numbers

  • Sold once: by Deyaar on 4 April 2023 for AED 1,440,302, or AED 1,208 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2023 price is 5.8%.
  • 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 19 August 2024.

Questions about 711, Noor 5

What did unit 711 last sell for?

AED 1,440,302 on 4 April 2023, sold by the developer: AED 1,208 per sqft for 1,192 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 84,000 a year on the contract signed on 19 August 2024.

How big is unit 711?

1,192 sqft (110.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2023.

What is unit 711 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 711, Noor 5

Starts from the last sale price (AED 1.44M, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,440,302
Deposit, UAE resident (20%)
AED 288,060
Deposit, non-resident (40%)
AED 576,121
Monthly over 25 years at 3.7%
AED 5,893

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