What is the rental yield in Noor 1?

Noor 1 returns 7.93% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 280 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Noor 1 cost?

The median registered sale price is AED 892,500 (1,334 AED/sqft), from 16 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Noor 1 selling for right now?

Registered sales of ready units in Noor 1 over the last 12 months have a median of 1,324 AED/sqft, across 7 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 Noor 1 risen or fallen?

Median price per square foot moved -1.1% over the last 12 months against the 12 before it, on 16 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Noor 1 compare with Production City?

Its 7.93% gross yield sits +0.1 pts against the Production City median of 7.87%, computed at the same bedroom grain over the same 24-month window.

Noor 1 — sale prices & yield | Production City, Dubai

Buy: 892,500AED; AED 1,324/sqft
Long-let: 7.93%; AED 70,175/yr
Short-let: 14.00%; AED 552/night · 0.83/sqft

Price per sqft: Median of 7 registered sales of ready units in the last 12 months, most recent June 2026.

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

Yield spread: +0.1 pts; vs the Production City median for this unit type
Turnover upside: +8.0%; new tenants pay more than sitting ones — 185 renewals
AED/yr/sqft: AED 105
Sales: 16
Rental contracts: 280
Renewal rent: AED 65,000/yr

12 months: -1.1%
3 years: +8.1%+2.6%/yr

Based on 16 sales and 280 rental contracts in the last 24 months. Rental data covers the whole Midtown - Noor project, not this tower alone.

Noor 1 is an apartment building in Production City, Dubai, one of the towers in the Midtown - Noor development. The closest metro station is Harbour Tower, the nearest mall Ibn-e-Battuta Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 226 registered sales in all — the 16 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Noor 1, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 892,500	1334	7.93% +0.1 pts	-1.1%	16

Deltas compare each yield with the Production City 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 Noor 1

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	552	0.83	AED 124,982	AED 70,175	1.8×	14.00%	15+

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.

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 Noor 1 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Noor 1 between 2023 and 2023 went for a median of AED 1,225/sqft (AED 805,772). The same building resells today at AED 1,334/sqft (AED 892,500) — an uplift of +10.8%.

Based on 65 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

7 resales in the last 12 months, against 36 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
5 Jun 2026	1 bed	680	AED 840,000	1,235

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Harbour Tower
Mall: Ibn-e-Battuta Mall
Landmark: Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Midtown - Noor, on the same figures over the same window.

Highest rental yields in Production City · Noor 1 places 22nd of 40

Common questions

What is the rental yield in Noor 1?: Noor 1 returns 7.93% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 280 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Noor 1 cost?: The median registered sale price is AED 892,500 (1,334 AED/sqft), from 16 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Noor 1 selling for right now?: Registered sales of ready units in Noor 1 over the last 12 months have a median of 1,324 AED/sqft, across 7 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 Noor 1 risen or fallen?: Median price per square foot moved -1.1% over the last 12 months against the 12 before it, on 16 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Noor 1 compare with Production City?: Its 7.93% gross yield sits +0.1 pts against the Production City median of 7.87%, computed at the same bedroom grain over the same 24-month window.

Noor 1