Unit 402, Noora Residence 1: what it sold for and what it is worth now

Unit 402 at Noora Residence 1 is a 2 bed of 2,017 sq ft. It last sold for AED 1,320,000 on 15 May 2025. At AED 754 per sq ft, from 5 sales in the building in the last 24 months (2 bed), it is worth about AED 1,520,000 today.

Value todayAED 1,520,000AED 1,355,000 to AED 1,583,000
Last saleAED 1,320,00015 May 2025 · Resale
Change since last sale+15.2%Building trend alone: AED 1,209,375
Bedrooms2 bed
Size2,017 sq ft
Floor4 (from the unit number)
Position in the towerStack 02: units ending 02 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 402

DatePriceSizeAED/sq ftType
15 May 2025AED 1,320,0002,017 sq ft654Resale
3 Nov 2022AED 861,6002,017 sq ft427Resale

Latest 2 bed sales in Noora Residence 1

UnitDatePriceSizeAED/sq ftType
40620 Nov 2025AED 2,600,0003,215 sq ft809Resale
10728 Aug 2025AED 930,0001,185 sq ft785Resale
G1620 Jan 2025AED 1,200,0001,786 sq ft672Resale
21428 Nov 2024AED 893,2731,185 sq ft754Resale
G1616 Sep 2022AED 825,0001,786 sq ft462Resale
31311 Jul 2021AED 500,0001,197 sq ft418Resale
G1614 Jan 2021AED 700,0001,786 sq ft392Resale

How we worked out the value

We took the 5 sales in Noora Residence 1 in the last 24 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 754). We multiplied it by the size of this unit (2,017 sq ft). The range uses the middle half of those sales (AED 672 to AED 785 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,209,375. 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 402 at Noora Residence 1 worth?

About AED 1,520,000 (range AED 1,355,000 to AED 1,583,000), based on AED 754 per sq ft from registered sales up to 3 Sep 2026.

When did unit 402 last sell?

15 May 2025, for AED 1,320,000 (resale). It has 2 registered sales.

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

Unit 324 · Unit 403