Unit G03, Noora Residence 1: what it sold for and what it is worth now

Unit G03 at Noora Residence 1 is a 1 bed of 1,047 sq ft. It last sold for AED 550,000 on 31 Oct 2023. At AED 795 per sq ft, from 3 sales in the building in the last 24 months (1 bed), it is worth about AED 832,000 today.

Value todayAED 832,000AED 771,000 to AED 927,000
Last saleAED 550,00031 Oct 2023 · Resale
Change since last sale+51.3%Building trend alone: AED 631,919
Rent (median asking, 1 bed)AED 85,000Gross yield 10.2%
Bedrooms1 bed
Size1,047 sq ft
BuildingNoora Residence 1 by International Merchant House Real Estate Development, handed over 2014
Registered sales of this unit1

Every registered sale of unit G03

DatePriceSizeAED/sq ftType
31 Oct 2023AED 550,0001,047 sq ft525Resale

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
1118 Dec 2022AED 430,000812 sq ft530Resale
1115 Oct 2021AED 355,000812 sq ft437Resale
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 (1,047 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 631,919. 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 G03 at Noora Residence 1 worth?

About AED 832,000 (range AED 771,000 to AED 927,000), based on AED 795 per sq ft from registered sales up to 3 Sep 2026.

When did unit G03 last sell?

31 Oct 2023, for AED 550,000 (resale). It has 1 registered sale.

What rent can unit G03 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 10.2% on the estimate.

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

Unit 406 · Unit G04