PropertyIndex

Noora Residence 1

Completed · Q3 2014|102 units · 1 building · 1 villa

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Noora Residence 1 is a completed mixed residential development by INTERNATIONAL MERCHANT HOUSE REAL ESTATE DEVELOPMENT (L.L.C) in Jumeirah Village Circle, Al Barsha South Fourth, comprising 102 registered units. 227 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,028 per sqft. At AED 1,028 per sqft, Noora Residence 1 prices 29% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 5.5% YoY
885KAED
Typical
1,028AED
PSF
Gross yield
5.5%
PIX© rent ÷ PIX© price
Sale records
227
DLD · all time
Rent contracts
644
Ejari · all time
Noora Residence 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
317 – 3,673 sqft
102885K1,0285.5%49K5.5%
Residential
Studio · Apartment
317 – 544 sqft
54
1 Bed · Apartment
696 – 1,905 sqft
31
2 Bed · Apartment
1,185 – 3,673 sqft
13
Villa (Bedrooms Unknown)
407 sqft
1
Commercial
Shop
667 – 693 sqft
3
Land
Land
23,690 sqft
Sales — Project-Wide227 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
25 Mar 20261 BedFloor G696680,000977-2.9%StandardStandard Sale
24 Feb 20261 BedFloor 41,8861,277,625677+107.8%StandardStandard Sale
17 Feb 2026StudioFloor 3383410,0001,069-12.1%StandardStandard Sale
Rentals — Project-Wide644 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
5 Aug 20262 BedFloor 21,18510,00080.0%Entry Levelnew
1 Aug 20261 BedFloor 285255,000650.0%Standardrenewal
1 Aug 20261 BedFloor 185252,00061+1.1%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Noora Residence 1

Answered from Dubai Land Department registered transactions.

How much does a property in Noora Residence 1 cost?

Property in Noora Residence 1 sells at a current PIX© price of AED 1,028 per sqft, or about AED 884,997 for a typical unit, based on 227 sales registered with the Dubai Land Department.

Is Noora Residence 1 completed?

Yes. Noora Residence 1 is recorded as completed in the Dubai Land Department project register (completed q3 2014).

Who is the developer of Noora Residence 1?

Noora Residence 1 is developed by INTERNATIONAL MERCHANT HOUSE REAL ESTATE DEVELOPMENT (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Noora Residence 1?

Noora Residence 1 yields 5.5% gross, calculated from current PIX© rent against current PIX© sale price, across 644 registered Ejari contracts.

How many units are in Noora Residence 1?

Noora Residence 1 holds 102 registered units, per the Dubai Land Department unit register.

Have prices in Noora Residence 1 gone up or down?

Price per sqft has risen +5.5% over the last 12 months, to AED 1,028, across 227 registered sales.