Unit 505, Alef Noon Residence: what it sold for and what it is worth now

Unit 505 at Alef Noon Residence is a studio of 448 sq ft. It last sold for AED 680,000 on 27 Aug 2025. At AED 1,100 per sq ft, from 8 sales of units ending 05 (same position in the tower), it is worth about AED 493,000 today.

Value todayAED 493,000AED 487,000 to AED 701,000
Last saleAED 680,00027 Aug 2025 · Resale
Change since last sale-27.5%Building trend alone: AED 671,561
Rent (median asking, studio)AED 50,000Gross yield 10.1%
Bedroomsstudio
Size448 sq ft
Floor5 (from the unit number)
Position in the towerStack 05: units ending 05 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 505

DatePriceSizeAED/sq ftType
27 Aug 2025AED 680,000448 sq ft1,518Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10052 Jan 2026AED 470,389448 sq ft1,050Resale
9052 Jan 2026AED 470,389448 sq ft1,050Resale
80526 Nov 2025AED 800,000448 sq ft1,786Resale
130522 Oct 2025AED 492,789448 sq ft1,100Resale
110521 Oct 2025AED 492,789448 sq ft1,100Resale
120521 Oct 2025AED 492,789448 sq ft1,100Resale
7054 Oct 2025AED 765,000448 sq ft1,708Resale
40530 Sep 2024AED 713,590448 sq ft1,593Off-plan

Latest studio sales in Alef Noon Residence

UnitDatePriceSizeAED/sq ftType
10052 Jan 2026AED 470,389448 sq ft1,050Resale
9052 Jan 2026AED 470,389448 sq ft1,050Resale
80526 Nov 2025AED 800,000448 sq ft1,786Resale
130522 Oct 2025AED 492,789448 sq ft1,100Resale
110521 Oct 2025AED 492,789448 sq ft1,100Resale
120521 Oct 2025AED 492,789448 sq ft1,100Resale
7054 Oct 2025AED 765,000448 sq ft1,708Resale
10418 Sep 2025AED 670,000453 sq ft1,479Resale

How we worked out the value

We took the 8 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,100). We multiplied it by the size of this unit (448 sq ft). The range uses the middle half of those sales (AED 1,087 to AED 1,565 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 671,561. 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 505 at Alef Noon Residence worth?

About AED 493,000 (range AED 487,000 to AED 701,000), based on AED 1,100 per sq ft from registered sales up to 9 Sep 2026.

When did unit 505 last sell?

27 Aug 2025, for AED 680,000 (resale). It has 1 registered sale.

What rent can unit 505 make?

A studio in Alef Noon Residence rents for about AED 50,000 a year (median asking rent). That is a gross yield of 10.1% on the estimate.

Sales alert for Alef Noon ResidenceAll sales in Alef Noon Residence

Unit 504 · Unit 506