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Studio · 396 sqftNoora Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2014

320, Noora Residence

Sold prices and rental history: sold 5 times, last in December 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 320 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 250K8 December 2022
Current rentAED 28K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 320, Noora Residence

What is 320 worth today?

Last sold for AED 250,000 in 2022

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15 Dec 2022RentedNew contract
AED 28,000/yr12 months · AED 71 per sqft
8 Dec 2022SoldReady
AED 250,000AED 631 per sqft
1 Jan 2021RentedNew contract
AED 19,000/yr12 months · AED 48 per sqft
10 Mar 2015SoldReady
AED 500,000AED 1,263 per sqft
14 Dec 2014SoldReady
AED 475,000AED 1,200 per sqft
24 Apr 2014SoldOff-plan
AED 475,000AED 1,200 per sqft
10 Feb 2010Sold by developerOff-plan
AED 379,790AED 959 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
3rd of 4
Parking
B2-46
Developer
International Merchant House Real Estate Development
Completed
2014
Service charge
AED 5,500 /yr
Last sold
AED 250K · December 2022
Building
Noora Residence

About 320, Noora Residence

320 is a studio of 396 sqft on the 3rd 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 8 December 2022 for AED 250,000, or AED 631 per sqft, 3% below the AED 651 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 December 2022, is AED 28,000 a year: a gross yield of 11.2% on the 2022 price, before the service charge of about AED 5,500 a year.

Sales and rents for 320 over time

Sales
Unit 320, each saleTypical studio in Noora Residence
400K2009201420192024Typical sale price by year: 2009 AED 437,480; 2010 AED 381,013; 2014 AED 475,000; 2015 AED 423,555; 2016 AED 304,378; 2017 AED 425,000; 2022 AED 255,000; 2023 AED 307,500; 2024 AED 385,000; 2025 AED 410,000Sold by developer, February 2010: AED 379,790 (AED 959 per sqft)Sold, April 2014: AED 475,000 (AED 1,200 per sqft)Sold, December 2014: AED 475,000 (AED 1,200 per sqft)Sold, March 2015: AED 500,000 (AED 1,263 per sqft)Sold, December 2022: AED 250,000 (AED 631 per sqft)

320 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 320, each contractTypical studio in Noora Residence
20K40K20152018202120242027Typical rent by year: 2015 AED 43,000; 2016 AED 42,000; 2017 AED 42,000; 2018 AED 34,000; 2019 AED 28,000; 2020 AED 23,500; 2021 AED 21,000; 2022 AED 24,467; 2023 AED 30,000; 2024 AED 35,000; 2025 AED 43,000; 2026 AED 40,000New contract, January 2021: AED 19,000 a yearNew contract, December 2022: AED 28,000 a year

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 320 sits

All 53 studios →

320 last sold in December 2022 at AED 631 per sqft, 3% below what studios in Noora Residence were fetching at the time (AED 651). 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. 320's AED 28,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Sep 2026460,000
17 Feb 2026410,000
2 Oct 2025405,000
22 Jul 2025412,000
2 studio sales in the last 12 months

Noora Residence

Building

97 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%
Noora Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 97 units in Noora Residence
Value
301StudioAED 420K · Mar 2017
302StudioAED 286K · Dec 2015
303StudioAED 310K · Aug 2023
304StudioAED 385K · Jun 2024
3051-bedAED 388K · Dec 2019
3061-bedAED 800K · Dec 2014
308StudioAED 452K · Dec 2014
1–7 of 26

320, Noora Residence in numbers

  • Sold 5 times: first on 10 February 2010 for AED 379,790, last on 8 December 2022 for AED 250,000 (AED 631 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, from AED 19,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2022 price is 11.2%, before a service charge of about AED 5,500 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 15 December 2022.

Questions about 320, Noora Residence

What did unit 320 last sell for?

AED 250,000 on 8 December 2022: AED 631 per sqft for 396 sqft. The unit has 5 registered sales; the first was AED 379,790 in February 2010.

What is the rent for unit 320?

AED 28,000 a year on the contract signed on 15 December 2022. The previous contract, from January 2021, was AED 19,000.

How big is unit 320?

396 sqft (36.8 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 320 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 320, Noora Residence

Starts from the last sale price (AED 250K, 8 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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