INTERNATIONAL MERCHANT HOUSE REAL ESTATE DEVELOPMENT (L.L.C)

Noora Residence 1

Completed|102 units · 1 building · 1 villa

Noora Residence 1 is a completed development by INTERNATIONAL MERCHANT HOUSE REAL ESTATE DEVELOPMENT (L.L.C) in Jumeirah Village Circle, comprising 102 registered units. 226 sales are registered with the Dubai Land Department, at a current PIX© price of AED 945 per sqft. At AED 945 per sqft, Noora Residence 1 prices 32% below the Jumeirah Village Circle median of AED 1,380 per sqft on registered sales.

PIX© price · ↑1.9% YoY

907KAED

Typical

945AED

PSF

Gross yield

5.5%

PIX© rent ÷ PIX© price

Sale records

226

DLD · all time

Rent contracts

641

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai20 min · 19.2 km

DXB Airport25 min · 31.9 km

DIFC25 min · 23.2 km

Dubai Marina22 min · 17.3 km

Palm Jumeirah23 min · 17.7 km

Nearby · straight-line

Metro stationDubai Internet City5.7 km

MallCircle Mall1.3 km

SchoolSunmarke School1.8 km

HospitalMediclinic Parkview4.4 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 1

…

Studio on Floor 1, Noora Residence 1

Size
Record: Jul 2009 to Oct 2026
Owners: 6
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
5Tenant 5	1 Oct 2026		Owner 6
4Tenant 4	1 Oct 2025	12 mo	Renewal Owner 6
4Tenant 4	1 Oct 2024	12 mo	Owner 6
6Owner 6	14 May 2024	2.5 yrs	Current owner
5Owner 5	18 Dec 2023	5 mo	Sold with tenant in place
3Tenant 3	5 May 2023	12 mo	Owner 4
4Owner 4	8 Jul 2021	2.4 yrs	Sold with tenant in place
2Tenant 2	1 Oct 2020	2.6 yrs	Owner 3
1Tenant 1	22 Feb 2018	2.6 yrs	Owner 3
3Owner 3	9 Jan 2017	4.5 yrs
2Owner 2	10 Mar 2015	22 mo	Transferred without a registered sale
1Owner 1	21 Jul 2009	5.6 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 1 · Noora Residence 1

Nightly rateAED

Occupancy (237 nights)

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Noora Residence 1945AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 317 - 3,673 sqft	102	907K	945	↑1.9%		50K	5.5%
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 not recorded 407 sqft	1	-	-	-	-	-	-
Commercial
Shop 667 - 693 sqft	3	-	-	-		-	-
Land
Land 23,690 sqft	-	-	-	-		-	-

Sales - Project-Wide226 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
3 Sep 2026	Studio	Noora Residence 1 · Floor G	518	460,000	888	+10.8%	Standard	Standard Sale
25 Mar 2026	1 Bed	Noora Residence 1 · Floor G	696	680,000	977	-	Standard	Standard Sale
24 Feb 2026	1 Bed	Noora Residence 1 · Floor 4	1,886	1,277,625	677	+107.8%	Standard	Standard Sale

Rentals - Project-Wide641 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
27 Nov 2026	Studio	Noora Residence 1 · Floor G	384	40,000	104	-	Standard	CONTRACT
1 Nov 2026	Studio	Noora Residence 1 · Floor 3	413	36,000	87	-	Entry Level	CONTRACT
1 Nov 2026	Studio	Noora Residence 1 · Floor G	343	35,096	102	-	Entry Level	CONTRACT

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Noora Residence 1

Compared with

Shamal Residences 2

PIX© PSF

869

Rank

#49 of 53

#48 of 53

Typical price

792K

Yield

6.0%

Units

101

128

Sales

Rents

245

313

Developer

INTERNATIONAL MERCHANT HOUSE REAL ESTATE DEVELOPMENT (L.L.C)

LOOTAH REAL ESTATE DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Gardenia 2 DAMAC · Completed	102					47	261
	Shamal Waves LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	68					43	177
	Masaar Residence MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C · Completed	94					58	223
	Botanica MYRA REAL ESTATE DEVEIOPMENT L.L.C · Completed	121					54	279
	Hanover Square ACW HOLDING LTD · Completed	419					230	947
	Shamal Residences 2 LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	128					60	313
49	Noora Residence 1 INTERNATIONAL MERCHANT HOUSE REAL ESTATE DEVELOPMENT (L.L.C) · Completed	101	869	Subject	792K	6.0%	37	245
	Knightsbridge Court ACW HOLDING LTD · Completed	169					81	362
	Magnolia 2 DAMAC · Completed	97					28	287
	Sandoval Gardens 2 BAVARIA GULF SANDOVAL LIMITED · Completed	90					33	193
	Florence 2 DAMAC · Completed	79					29	190

Community median 1,380 AED/sqft. Showing the closest-ranked peers of 53 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 148 excluded for trading only in the off-plan market. 7 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Hanover SquareAED 948/sqft
BotanicaAED 954/sqft
Masaar ResidenceAED 957/sqft
Shamal Residences 2AED 929/sqft
Gardenia 2AED 968/sqft
Shamal WavesAED 968/sqft

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 945 per sqft, or about AED 907,141 for a typical unit, based on 226 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.

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 641 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 +1.9% over the last 12 months, to AED 945, across 226 registered sales.