Skip to content
Dubai Wealth Index
Search
Search buildings, areas and projects by name.

Alef Noon Residence

A 1 bed in Alef Noon Residence costs a median AED 1.56M, rents long-let for AED 110,000/yr (7.10% gross), and returns 5.28% short-let at the assumed 80% occupancy — -0.7 pts vs Jumeirah Village Circle's 7.80% and +0.1 pts vs Dubai's 6.98% — from 28 sales and 83 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
8 in 12 months
Rental contracts · 1 bed
67 in 12 months
Buy
1.56MAED
AED 1,284/sqft
Long-let
110,000AED
AED 91/sqft · 7.10%
Short-let
5.28%
AED 417/night · 0.34/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
-0.7 pts
vs the Jumeirah Village Circle median for this unit type
AED/yr/sqft
AED 91
Sales
28
Rental contracts
83
Renewal rent
AED 104,750/yr
12 months
+0.0%

Based on 28 sales and 83 rental contracts in the last 24 months.

Alef Noon Residence is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 126 registered sales in all — the 28 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 52,00011610.55%
+2.1 pts
8
1 bedAED 110,000917.10%
-0.7 pts
83

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Alef Noon Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m3870.86AED 87,799AED 52,0001.7×15.10%14+
1 bed500m4170.34AED 82,447AED 110,0000.7×5.28%23+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.37 AED/night/sqft; latest Sep 2027, 0.27 AED/night/sqft; peak Jan 2027, 0.46 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Alef Noon Residence itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

17 resales in the last 12 months, against 20 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
20 Aug 20261 bed1,210AED 1,550,0001,281
13 Jul 20261 bed1,211AED 1,561,8371,289

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed1,211AED 95,00078New
15 Aug 20261 bed1,211AED 84,00069New
5 Aug 2026Studio448AED 38,00085Renewal
1 Aug 20261 bed1,210AED 105,00087New
27 Jul 20261 bed1,208AED 104,50087Renewal
20 Jul 20261 bed1,278AED 106,50083New
19 Jul 20261 bed683AED 61,00089New
19 Jul 20261 bed1,205AED 85,00071New
10 Jul 20261 bed1,323AED 105,00079New
10 Jul 20261 bed1,323AED 105,00079New
15 Jun 20261 bed1,365AED 100,00073New
12 Jun 20261 bed1,323AED 105,00079Renewal
11 Jun 20261 bed1,275AED 110,00086New

13 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
20
Lifts
3
Parking bays
118
Swimming pools
1

Nearby

Metro
Dubai Internet City
Mall
Mall of the Emirates
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Common questions

What is the rental yield in Alef Noon Residence?
Alef Noon Residence returns 7.10% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 83 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Alef Noon Residence cost?
The median registered sale price is AED 1.56M (1,289 AED/sqft), from 28 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Alef Noon Residence selling for right now?
Registered sales of ready units in Alef Noon Residence over the last 12 months have a median of 1,284 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Alef Noon Residence risen or fallen?
Median price per square foot moved -0.4% over the last 12 months against the 12 before it, on 28 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Alef Noon Residence compare with Jumeirah Village Circle?
Its 7.10% gross yield sits -0.7 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Alef Noon Residence rental record

Record type
Building-level property market record
Data date
Evidence base
83 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/jumeirah-village-circle/alef-noon-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Alef Noon Residence rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/alef-noon-residence.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.