Unit 501, Alef Noon Residence: what it sold for and what it is worth now

Unit 501 at Alef Noon Residence is a 1 bed of 1,323 sq ft. It last sold for AED 1,805,299 on 10 Apr 2025. At AED 1,284 per sq ft, from 8 sales in the building in the last 12 months (1 bed), it is worth about AED 1,698,000 today.

Value todayAED 1,698,000AED 1,651,000 to AED 1,717,000
Last saleAED 1,805,29910 Apr 2025 · Off-plan
Change since last sale-5.9%Building trend alone: AED 1,776,943
Rent (median asking, 1 bed)AED 102,500Gross yield 6.0%
Bedrooms1 bed
Size1,323 sq ft
Floor5 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingAlef Noon Residence by Al Bait Al Duwaliy Real Estate Development, handed over 2025
Registered sales of this unit1

Every registered sale of unit 501

DatePriceSizeAED/sq ftType
10 Apr 2025AED 1,805,2991,323 sq ft1,365Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60111 Aug 2025AED 1,813,0641,304 sq ft1,390Resale

Latest 1 bed sales in Alef Noon Residence

UnitDatePriceSizeAED/sq ftType
2039 Sep 2026AED 1,520,0001,275 sq ft1,192Resale
60420 Aug 2026AED 1,550,0001,210 sq ft1,281Resale
90711 Jul 2026AED 1,561,8381,211 sq ft1,290Resale
110224 Nov 2025AED 1,550,0001,205 sq ft1,286Resale
120714 Nov 2025AED 1,600,0001,211 sq ft1,321Resale
20630 Oct 2025AED 975,000683 sq ft1,428Resale
40220 Oct 2025AED 1,435,0001,205 sq ft1,191Resale
60225 Sep 2025AED 1,350,0001,066 sq ft1,266Resale

How we worked out the value

We took the 8 sales in Alef Noon Residence in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,284). We multiplied it by the size of this unit (1,323 sq ft). The range uses the middle half of those sales (AED 1,248 to AED 1,298 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,776,943. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 501 at Alef Noon Residence worth?

About AED 1,698,000 (range AED 1,651,000 to AED 1,717,000), based on AED 1,284 per sq ft from registered sales up to 9 Sep 2026.

When did unit 501 last sell?

10 Apr 2025, for AED 1,805,299 (off-plan). It has 1 registered sale.

What rent can unit 501 make?

A 1 bed in Alef Noon Residence rents for about AED 102,500 a year (median asking rent). That is a gross yield of 6.0% on the estimate.

Sales alert for Alef Noon ResidenceAll sales in Alef Noon Residence

Unit 407 · Unit 502