Studio · 434 sqftNoor 3, Dubai Production City (IMPZ) · 14th floor · completed 2023

1408, Noor 3

Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 4 February 2026
Last soldAED 559K24 May 2022
Current rentAED 52K /yr4 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Noor 3

What is 1408 worth today?

Last sold for AED 559,418 in 2022

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4 Feb 2026RentedNew contract
AED 52,000/yr12 months · AED 121 per sqft
5 Feb 2025RentedRenewal
AED 50,000/yr12 months · AED 116 per sqft
24 May 2022Sold by developerOff-plan
AED 559,418AED 1,288 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 February 2026.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
14th of 16
Parking
1
Developer
Deyaar
Completed
2023
Last sold
AED 559K · May 2022
Building
Noor 3

About 1408, Noor 3

1408 is a studio of 434 sqft on the 14th floor of Noor 3, a 16-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. The developer sold it on 24 May 2022 for AED 559,418, or AED 1,288 per sqft, in line with the AED 1,255 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 4 February 2026, is AED 52,000 a year: a gross yield of 9.3% on the 2022 price.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical studio in Noor 3
500K550K202120232025Typical sale price by year: 2021 AED 503,201; 2022 AED 559,071; 2023 AED 550,000; 2024 AED 560,000; 2025 AED 580,000Sold by developer, May 2022: AED 559,418 (AED 1,288 per sqft)

1408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Noor 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 48,000; 2026 AED 53,000Renewal, February 2025: AED 50,000 a yearNew contract, February 2026: AED 52,000 a year

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

Studios in Noor 3, and where 1408 sits

All 57 studios →

1408 last sold in May 2022 at AED 1,288 per sqft, in line with what studios in Noor 3 were fetching at the time (AED 1,255). Over the last 12 months studios sold for AED 550,000 to 630,000, around AED 1,344 per sqft, and rent for AED 47,000 to 58,000 a year. 1408's AED 52,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026630,000
30 Dec 2025580,000
23 May 2025600,000
5 May 2025585,000
3 studio sales in the last 12 months

Noor 3

Building

176 apartments, studios to 2-bed over 16 floors in Dubai Production City (IMPZ), completed in 2023 by Deyaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,451
Typical sale
AED 950K
Typical rent
AED 70K /yr
Typical yield
7.6%
Noor 3, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 14th floor

All 176 units in Noor 3
Value
1401AED 580K · Sep 2025
1402StudioAED 567K · Jul 2022
14031-bedAED 769K · May 2022
14042-bedAED 953K · Jan 2021
1405StudioAED 503K · Jan 2021
1406StudioAED 567K · May 2022
1407StudioAED 567K · Aug 2022
1–7 of 11

1408, Noor 3 in numbers

  • Sold once: by Deyaar on 24 May 2022 for AED 559,418, or AED 1,288 per sqft.
  • Rented since February 2025 on 2 Ejari contracts, from AED 50,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2022 price is 9.3%.
  • Studios in Noor 3 sold for AED 550,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 1,451 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 February 2026.

Questions about 1408, Noor 3

What did unit 1408 last sell for?

AED 559,418 on 24 May 2022, sold by the developer: AED 1,288 per sqft for 434 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 52,000 a year on the contract signed on 4 February 2026. The previous contract, from February 2025, was AED 50,000.

How big is unit 1408?

434 sqft (40.3 sqm): a studio on the 14th floor of a 16-storey tower completed in 2023.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Noor 3 sold for AED 550,000 to 630,000 in the last 12 months, around AED 1,344 per sqft.

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Mortgage on 1408, Noor 3

Starts from the last sale price (AED 559K, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 559,418
Deposit, UAE resident (20%)
AED 111,884
Deposit, non-resident (40%)
AED 223,767
Monthly over 25 years at 3.7%
AED 2,289

Plus AED 28,506 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →