2-bed · 1,181 sqftNoor 5, Dubai Production City (IMPZ) · 4th floor · completed 2023

407, Noor 5

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 1.4M12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Noor 5

What is 407 worth today?

Last sold for AED 1,399,750 in 2024

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12 Aug 2024SoldReady
AED 1,399,750AED 1,184 per sqft
1 Mar 2022Sold by developerOff-plan
AED 1,214,105AED 1,025 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
4th of 7
Parking
GZ4E49
Developer
Deyaar
Completed
2023
Last sold
AED 1.4M · August 2024
Building
Noor 5

About 407, Noor 5

407 is a two-bedroom apartment of 1,181 sqft on the 4th floor of Noor 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. It last sold on 12 August 2024 for AED 1,399,750, or AED 1,184 per sqft, 5% above the AED 1,126 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Noor 5
1.2M1.4M202120232025Typical sale price by year: 2021 AED 1,262,003; 2022 AED 1,319,090; 2023 AED 1,365,428; 2024 AED 1,370,563; 2025 AED 1,490,000Sold by developer, March 2022: AED 1,214,105 (AED 1,025 per sqft)Sold, August 2024: AED 1,399,750 (AED 1,184 per sqft)

407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Noor 5
105K110K115K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 105,000; 2026 AED 116,000

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

2-beds in Noor 5, and where 407 sits

All 105 2-beds →

407 last sold in August 2024 at AED 1,184 per sqft, 5% above what two-beds in Noor 5 were fetching at the time (AED 1,126). Over the last 12 months two-beds sold for AED 1,308,605 to 1,710,000, around AED 1,360 per sqft, and rent for AED 100,000 to 130,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20261,580,000
25 Dec 20251,308,605
23 Dec 20251,710,000
2 Jul 20251,575,000
3 2-bed sales in the last 12 months

Noor 5

Building

147 apartments, 1-bed to 3-bed over 7 floors in Dubai Production City (IMPZ), completed in 2023 by Deyaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,242
Typical sale
AED 1.44M
Typical rent
AED 108K /yr
Typical yield
7.4%
Noor 5, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 4th floor

All 147 units in Noor 5
Value
4012-bedAED 1.29M · Jan 2024
4022-bedAED 1.25M · Feb 2022
4032-bedAED 1.44M · Feb 2025
4042-bedAED 1.37M · Apr 2022
4051-bedAED 945K · Aug 2022
4062-bedAED 1.45M · Feb 2024
4082-bedAED 1.39M · Apr 2022
1–7 of 20

407, Noor 5 in numbers

  • Sold twice: first on 1 March 2022 for AED 1,214,105, last on 12 August 2024 for AED 1,399,750 (AED 1,184 per sqft).
  • Two-beds in Noor 5 sold for AED 1,308,605–1,710,000 in the 12 months to November 2026; the building's median across all types is AED 1,242 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.

Questions about 407, Noor 5

What did unit 407 last sell for?

AED 1,399,750 on 12 August 2024: AED 1,184 per sqft for 1,181 sqft. The unit has 2 registered sales; the first was AED 1,214,105 in March 2022.

How big is unit 407?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2023.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Noor 5 sold for AED 1,308,605 to 1,710,000 in the last 12 months, around AED 1,360 per sqft.

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Mortgage on 407, Noor 5

Starts from the last sale price (AED 1.4M, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,399,750
Deposit, UAE resident (20%)
AED 279,950
Deposit, non-resident (40%)
AED 559,900
Monthly over 25 years at 3.7%
AED 5,727

Plus AED 63,800 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →