2-bed · 1,164 sqftNoor 5, Dubai Production City (IMPZ) · 7th floor · completed 2023

704, Noor 5

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

Unit 704 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 1.39M20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Noor 5

What is 704 worth today?

Last sold for AED 1,386,816 in 2024

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20 Oct 2024SoldReady
AED 1,386,816AED 1,191 per sqft
1 Nov 2022Sold by developerOff-plan
AED 1,315,056AED 1,129 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,164 sqft
Floor
7th of 7
Parking
GZ4E64
Developer
Deyaar
Completed
2023
Last sold
AED 1.39M · October 2024
Building
Noor 5

About 704, Noor 5

704 is a two-bedroom apartment of 1,164 sqft on the 7th floor of Noor 5, a 7-storey tower in Dubai Production City (IMPZ) completed in 2023 by Deyaar. It last sold on 20 October 2024 for AED 1,386,816, or AED 1,191 per sqft, 7% above the AED 1,117 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Noor 5
1.4M202120232025Typical 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, November 2022: AED 1,315,056 (AED 1,129 per sqft)Sold, October 2024: AED 1,386,816 (AED 1,191 per sqft)

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

Rents
Unit 704, 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 704 sits

All 105 2-beds →

704 last sold in October 2024 at AED 1,191 per sqft, 7% above what two-beds in Noor 5 were fetching at the time (AED 1,117). 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 7th floor

All 147 units in Noor 5
Value
7012-bedAED 1.28M · Mar 2022
7022-bedAED 1.29M · Dec 2023
7032-bedAED 1.44M · Dec 2024
7051-bedAED 837K · Oct 2021
7063-bedAED 1.87M · Aug 2023
7073-bedAED 2.06M · Apr 2023
7081-bedAED 853K · Jan 2024
1–7 of 11

704, Noor 5 in numbers

  • Sold twice: first on 1 November 2022 for AED 1,315,056, last on 20 October 2024 for AED 1,386,816 (AED 1,191 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 20 October 2024.

Questions about 704, Noor 5

What did unit 704 last sell for?

AED 1,386,816 on 20 October 2024: AED 1,191 per sqft for 1,164 sqft. The unit has 2 registered sales; the first was AED 1,315,056 in November 2022.

How big is unit 704?

1,164 sqft (108.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2023.

What is unit 704 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 704, Noor 5

Starts from the last sale price (AED 1.39M, 20 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,386,816
Deposit, UAE resident (20%)
AED 277,363
Deposit, non-resident (40%)
AED 554,726
Monthly over 25 years at 3.7%
AED 5,674

Plus AED 63,257 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →