Unit 111, Noora Residence 1: what it sold for and what it is worth now

Unit 111 at Noora Residence 1 is a 1 bed of 812 sq ft. It last sold for AED 430,000 on 8 Dec 2022. At AED 795 per sq ft, from 3 sales in the building in the last 24 months (1 bed), it is worth about AED 645,000 today.

Value todayAED 645,000AED 598,000 to AED 719,000
Last saleAED 430,0008 Dec 2022 · Resale
Change since last sale+50.0%Building trend alone: AED 584,579
Rent (median asking, 1 bed)AED 85,000Gross yield 13.2%
Bedrooms1 bed
Size812 sq ft
Floor1 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingNoora Residence 1 by International Merchant House Real Estate Development, handed over 2014
Registered sales of this unit2

Every registered sale of unit 111

DatePriceSizeAED/sq ftType
8 Dec 2022AED 430,000812 sq ft530Resale
5 Oct 2021AED 355,000812 sq ft437Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21130 Mar 2023AED 305,000403 sq ft757Resale

Latest 1 bed sales in Noora Residence 1

UnitDatePriceSizeAED/sq ftType
G0425 Mar 2026AED 680,000696 sq ft977Resale
40324 Feb 2026AED 1,277,6251,886 sq ft677Resale
10411 Sep 2024AED 665,000837 sq ft795Resale
G0331 Oct 2023AED 550,0001,047 sq ft525Resale
11030 Jun 2021AED 400,000852 sq ft469Resale

How we worked out the value

We took the 3 sales in Noora Residence 1 in the last 24 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 795). We multiplied it by the size of this unit (812 sq ft). The range uses the middle half of those sales (AED 736 to AED 886 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 584,579. Floor, view, condition and upgrades can move the price either way. Sales data to 3 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 111 at Noora Residence 1 worth?

About AED 645,000 (range AED 598,000 to AED 719,000), based on AED 795 per sq ft from registered sales up to 3 Sep 2026.

When did unit 111 last sell?

8 Dec 2022, for AED 430,000 (resale). It has 2 registered sales.

What rent can unit 111 make?

A 1 bed in Noora Residence 1 rents for about AED 85,000 a year (median asking rent). That is a gross yield of 13.2% on the estimate.

Sales alert for Noora Residence 1All sales in Noora Residence 1

Unit 110 · Unit 114