116, Noora Residence
Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Noora Residence
What is 116 worth today?
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Source: Dubai Land Department. Updated 10 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 366 sqft
- Floor
- 1st of 4
- Parking
- B2-15
- Developer
- International Merchant House Real Estate Development
- Completed
- 2014
- Service charge
- AED 5,100 /yr
- Last sold
- AED 424K · January 2015
- Building
- Noora Residence
About 116, Noora Residence
116 is a studio of 366 sqft on the 1st floor of Noora Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by International Merchant House Real Estate Development. It last sold on 18 January 2015 for AED 423,555, or AED 1,158 per sqft, 3% below the AED 1,195 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 10 November 2025, is AED 35,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 5,100 a year.
Sales and rents for 116 over time
116 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Noora Residence, and where 116 sits
All 53 studios →116 last sold in January 2015 at AED 1,158 per sqft, 3% below what studios in Noora Residence were fetching at the time (AED 1,195). Over the last 12 months studios sold for AED 410,000 to 460,000, around AED 978 per sqft, and rent for AED 30,000 to 60,000 a year. 116's AED 35,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 518 sqft | 460,000 | 887 | ||
| 17 Feb 202617 February 2026 | 383 sqft | 410,000 | 1,069 | ||
| 2 Oct 20252 October 2025 | 425 sqft | 405,000 | 953 | ||
| 22 Jul 202522 July 2025 | 366 sqft | 412,000 | 1,125 |
Noora Residence
Building97 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2014 by International Merchant House Real Estate Development. 5 sold in the last 12 months.
- Typical price per sqft
- AED 887
- Typical sale
- AED 680K
- Typical rent
- AED 46K /yr
- Typical yield
- 10.4%
Other units on the 1st floor
All 97 units in Noora Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 845 sqft | AED 605KAED 605,151 · Aug 2016August 2016 | 45,885 /yr | |
| 102 | 1-bed | 899 sqft | AED 694KAED 694,245 · Jan 2015January 2015 | 55,000 /yr | |
| 103 | 1-bed | 821 sqft | AED 603KAED 603,000 · Mar 2015March 2015 | 42,000 /yr | |
| 104 | 1-bed | 837 sqft | AED 665KAED 665,000 · Sep 2024September 2024 | 60,000 /yr | |
| 105 | 1-bed | 815 sqft | AED 581KAED 580,707 · Dec 2015December 2015 | 52,000 /yr | |
| 106 | Studio | 397 sqft | AED 400KAED 400,000 · Feb 2016February 2016 | 41,000 /yr | |
| 107 | 2-bed | 1,185 sqft | AED 930KAED 930,000 · Aug 2025August 2025 | 75,000 /yr | |
| 108 | 1-bed | 858 sqft | AED 388KAED 387,500 · Dec 2019December 2019 | 34,000 /yr | |
| 109 | 1-bed | 853 sqft | AED 388KAED 387,500 · Dec 2019December 2019 | 33,000 /yr | |
| 110 | 1-bed | 852 sqft | AED 400KAED 400,000 · Jun 2021June 2021 | 52,000 /yr | |
| 111 | 1-bed | 812 sqft | AED 430KAED 430,000 · Dec 2022December 2022 | 52,000 /yr | |
| 112 | 1-bed | 1,207 sqft | AED 1.01MAED 1,010,314 · Apr 2015April 2015 | 60,000 /yr | |
| 113 | Studio | 396 sqft | AED 480KAED 480,000 · Feb 2015February 2015 | 30,000 /yr | |
| 114 | Studio | 396 sqft | AED 303KAED 303,000 · Nov 2023November 2023 | 38,500 /yr | |
| 115 | Studio | 383 sqft | AED 380KAED 380,000 · May 2024May 2024 | 44,100 /yr |
116, Noora Residence in numbers
- Sold twice: first on 21 July 2009 for AED 423,555, last on 18 January 2015 for AED 423,555 (AED 1,158 per sqft).
- Rented since December 2019 on 6 Ejari contracts. The rent fell from AED 25,500 to AED 20,000 in 2021 and recovered to AED 35,000 by November 2025.
- At AED 35,000 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 5,100 a year (AED 13.84 per sqft).
- Studios in Noora Residence sold for AED 410,000–460,000 in the 12 months to November 2026; the building's median across all types is AED 887 per sqft.
Source: Dubai Land Department. Updated 10 November 2025.
Questions about 116, Noora Residence
What did unit 116 last sell for?
AED 423,555 on 18 January 2015: AED 1,158 per sqft for 366 sqft. The unit has 2 registered sales; the first was AED 423,555 in July 2009.
What is the rent for unit 116?
AED 35,000 a year on the contract renewed on 10 November 2025. The previous contract, from November 2024, was AED 35,000; the unit has been rented since December 2019.
How big is unit 116?
366 sqft (34.0 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.
What is unit 116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Noora Residence sold for AED 410,000 to 460,000 in the last 12 months, around AED 978 per sqft.
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Mortgage on 116, Noora Residence
Starts from the last sale price (AED 424K, 18 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 423,555
- Deposit, UAE resident (20%)
- AED 84,711
- Deposit, non-resident (40%)
- AED 169,422
- Monthly over 25 years at 3.7%
- AED 1,733
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →