Unit 207, Noora Residence 1: what it sold for and what it is worth now

Unit 207 at Noora Residence 1 is a studio of 407 sq ft. It last sold for AED 350,000 on 10 Oct 2023. At AED 953 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 388,000 today.

Value todayAED 388,000AED 375,000 to AED 412,000
Last saleAED 350,00010 Oct 2023 · Resale
Change since last sale+10.9%Building trend alone: AED 408,804
Rent (median asking, studio)AED 44,000Gross yield 11.3%
Bedroomsstudio
Size407 sq ft
Floor2 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingNoora Residence 1 by International Merchant House Real Estate Development, handed over 2014
Registered sales of this unit1

Every registered sale of unit 207

DatePriceSizeAED/sq ftType
10 Oct 2023AED 350,000407 sq ft860Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10728 Aug 2025AED 930,0001,185 sq ft785Resale

Latest studio sales in Noora Residence 1

UnitDatePriceSizeAED/sq ftType
G113 Sep 2026AED 460,000518 sq ft888Resale
32117 Feb 2026AED 410,000383 sq ft1,070Resale
3242 Oct 2025AED 405,000425 sq ft953Resale
32222 Jul 2025AED 412,000366 sq ft1,126Resale
31915 Jul 2025AED 410,000396 sq ft1,035Resale
31210 Jul 2025AED 410,000397 sq ft1,033Resale
22320 May 2025AED 435,000363 sq ft1,198Resale
2242 Apr 2025AED 370,000317 sq ft1,167Resale

How we worked out the value

We took the 3 sales in Noora Residence 1 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 953). We multiplied it by the size of this unit (407 sq ft). The range uses the middle half of those sales (AED 920 to AED 1,012 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 408,804. 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 207 at Noora Residence 1 worth?

About AED 388,000 (range AED 375,000 to AED 412,000), based on AED 953 per sq ft from registered sales up to 3 Sep 2026.

When did unit 207 last sell?

10 Oct 2023, for AED 350,000 (resale). It has 1 registered sale.

What rent can unit 207 make?

A studio in Noora Residence 1 rents for about AED 44,000 a year (median asking rent). That is a gross yield of 11.3% on the estimate.

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

Unit 203 · Unit 208