1-bed · 621 sqftNoor 1, Dubai Production City (IMPZ) · 5th floor · completed 2023

503, Noor 1

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 777K20 March 2023
Current rentAED 60K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Noor 1

What is 503 worth today?

Last sold for AED 776,840 in 2023

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10 Sep 2024RentedRenewal
AED 60,000/yr12 months · AED 96 per sqft
20 Mar 2023Sold by developerOff-plan
AED 776,840AED 1,251 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
5th of 9
Parking
BZ3N12
Developer
Deyaar
Completed
2023
Last sold
AED 777K · March 2023
Building
Noor 1

About 503, Noor 1

503 is a one-bedroom apartment of 621 sqft on the 5th floor of Noor 1, a 9-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. The developer sold it on 20 March 2023 for AED 776,840, or AED 1,251 per sqft, in line with the AED 1,245 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 September 2024. The current contract, renewed on 10 September 2024, is AED 60,000 a year: a gross yield of 7.7% on the 2023 price.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Noor 1
800K900K2023202420252026Typical sale price by year: 2023 AED 810,202; 2024 AED 900,000; 2025 AED 885,000Sold by developer, March 2023: AED 776,840 (AED 1,251 per sqft)

503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Noor 1
60K70K2024202520262027Typical rent by year: 2024 AED 67,075; 2025 AED 73,000; 2026 AED 73,000Renewal, September 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Noor 1, and where 503 sits

All 86 1-beds →

503 last sold in March 2023 at AED 1,251 per sqft, in line with what one-beds in Noor 1 were fetching at the time (AED 1,245). Over the last 12 months one-beds sold for AED 850,000 to 1,080,000, around AED 1,374 per sqft, and rent for AED 45,000 to 85,000 a year. 503's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20261,080,000
19 Dec 2025885,000
10 Dec 2025850,000
30 Jul 20251,050,000
4 1-bed sales in the last 12 months

Noor 1

Building

90 apartments, studios to 1-bed over 9 floors in Dubai Production City (IMPZ), completed in 2023 by Deyaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,374
Typical sale
AED 878K
Typical rent
AED 73K /yr
Typical yield
7.5%
Noor 1, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 5th floor

All 90 units in Noor 1
Value
5011-bedAED 816K · May 2023
5021-bedAED 840K · Oct 2023
5041-bedAED 650K · Nov 2023
5051-bedAED 810K · Apr 2023
5061-bedAED 735K · Oct 2023
5071-bedAED 864K · Mar 2023
5081-bedAED 773K · Feb 2023
1–7 of 9

503, Noor 1 in numbers

  • Sold once: by Deyaar on 20 March 2023 for AED 776,840, or AED 1,251 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 7.7%.
  • One-beds in Noor 1 sold for AED 850,000–1,080,000 in the 12 months to November 2026; the building's median across all types is AED 1,374 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2024.

Questions about 503, Noor 1

What did unit 503 last sell for?

AED 776,840 on 20 March 2023, sold by the developer: AED 1,251 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 60,000 a year on the contract renewed on 10 September 2024.

How big is unit 503?

621 sqft (57.7 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2023.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Noor 1 sold for AED 850,000 to 1,080,000 in the last 12 months, around AED 1,374 per sqft.

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Mortgage on 503, Noor 1

Starts from the last sale price (AED 777K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 776,840
Deposit, UAE resident (20%)
AED 155,368
Deposit, non-resident (40%)
AED 310,736
Monthly over 25 years at 3.7%
AED 3,178

Plus AED 37,638 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →