506, Noor 2
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Noor 2
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 637 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Deyaar
- Completed
- 2023
- Last sold
- AED 784K · July 2022
- Building
- Noor 2
About 506, Noor 2
506 is a one-bedroom apartment of 637 sqft on the 5th floor of Noor 2, a 9-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. The developer sold it on 29 July 2022 for AED 784,404, or AED 1,231 per sqft, in line with the AED 1,212 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2024. The current contract, renewed on 1 October 2024, is AED 60,000 a year: a gross yield of 7.6% on the 2022 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Noor 2, and where 506 sits
All 80 1-beds →506 last sold in July 2022 at AED 1,231 per sqft, in line with what one-beds in Noor 2 were fetching at the time (AED 1,212). Over the last 12 months one-beds sold for AED 850,000 to 1,053,699, around AED 1,337 per sqft, and rent for AED 58,000 to 78,000 a year. 506's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 949 sqft | 1,050,000 | 1,105 | ||
| 16 Dec 202516 December 2025 | 637 sqft | 855,000 | 1,342 | ||
| 1 Jul 20251 July 2025 | 656 sqft | 875,000 | 1,333 | ||
| 16 Jun 202516 June 2025 | 1,038 sqft | 1,009,449 | 972 |
Noor 2
Building90 apartments, studios to 1-bed over 9 floors in Dubai Production City (IMPZ), completed in 2023 by Deyaar. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,337
- Typical sale
- AED 938K
- Typical rent
- AED 75K /yr
- Typical yield
- 8.1%
Other units on the 5th floor
All 90 units in Noor 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 658 sqft | AED 790KAED 790,228 · Jul 2022July 2022 | ||
| 502 | 1-bed | 679 sqft | AED 813KAED 813,095 · Oct 2022October 2022 | ||
| 503 | 1-bed | 621 sqft | AED 766KAED 765,591 · May 2022May 2022 | 70,000 /yr | |
| 504 | 1-bed | 735 sqft | AED 880KAED 880,172 · Mar 2023March 2023 | 75,000 /yr | |
| 505 | 1-bed | 637 sqft | AED 784KAED 784,404 · Mar 2022March 2022 | ||
| 507 | 734 sqft | AED 85KAED 85,190 · Aug 2024August 2024 | 73,000 /yr | ||
| 508 | 1-bed | 621 sqft | AED 748KAED 748,445 · Jun 2022June 2022 | 70,000 /yr | |
| 509 | 1-bed | 679 sqft | AED 813KAED 813,095 · Sep 2022September 2022 | 75,000 /yr | |
| 510 | 1-bed | 658 sqft | AED 790KAED 790,228 · Jul 2022July 2022 |
506, Noor 2 in numbers
- Sold once: by Deyaar on 29 July 2022 for AED 784,404, or AED 1,231 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 7.6%.
- One-beds in Noor 2 sold for AED 850,000–1,053,699 in the 12 months to November 2026; the building's median across all types is AED 1,337 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Questions about 506, Noor 2
What did unit 506 last sell for?
AED 784,404 on 29 July 2022, sold by the developer: AED 1,231 per sqft for 637 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 60,000 a year on the contract renewed on 1 October 2024.
How big is unit 506?
637 sqft (59.2 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2023.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Noor 2 sold for AED 850,000 to 1,053,699 in the last 12 months, around AED 1,337 per sqft.
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Mortgage on 506, Noor 2
Starts from the last sale price (AED 784K, 29 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 784,404
- Deposit, UAE resident (20%)
- AED 156,881
- Deposit, non-resident (40%)
- AED 313,762
- Monthly over 25 years at 3.7%
- AED 3,209
Plus AED 37,955 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →