Noor 5
- Completed 2023
- Master developer Deyaar Development
A 2 bed in Noor 5 costs a median AED 1.63M, rents long-let for AED 107,900/yr (6.6% gross), and returns 7.4% short-term at the assumed 70% occupancy.
2 bed · typical price
1.63MAED
AED 1,373/sqft · +14.7% on a year
- Rent a year
- AED 107,900
- Gross yield
- 6.6%
- vs Dubai Production City
- 16% above the median
Cost to buy, all inAED 1.74M
- Price
- AED 1.63M
- DLD fee 4%
- AED 65,340
- Agent 2% + VAT
- AED 34,304
- Trustee
- AED 4,200
Fees repaid by rent12 months
Is Noor 5 a good investment?Prices rising; lots of new supply is coming
- Does it pay a good rent?6.6% gross, before the service charge (not on file) (Dubai median 6.8%)6.6%Fair
- Are rents going up?New 2 bed leases: AED 110,000 a year ago, AED 107,900 now (pooled across the project)-1.9%
- Are prices going up?2 bed: AED 1,197/sqft a year ago, 1,373 now+14.7%Strength
- How fast do fees pay back?AED 103,844 in fees to buy a 2 bed; rent covers it in 1.0 years1.0 yrs
- Can I sell easily?7 sales in 12 months (37 the year before)7
- Is a lot being built nearby?3,449 apartments are planned in Dubai Production City from 2026 to 2028, equal to 54% of the 6,406 homes let there today. A further 1,882 are past their planned date. Dubai Production City supply by year →54%Watch
- Did earlier buyers gain?Up 29% for buyers 5 years ago; up 29% for launch buyers, before fees+29.2%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Noor 5 prices and rents by unit typeA two-bed costs about AED 1.63M and rents for about AED 107,900 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Dubai Production City · area median AED 1,185/sqft
- 12-month change
- +14.7%
- 3 years
- +20.7% · +6.5%/yr
- 5 years
- +30.4% · +5.4%/yr
- vs area median
- +15.9%
- Rank by price per sqft
- 5th of 35
- Off-plan price gain, 2021–2023
- +24.4% · +5.6%/yr
Rental income
2 bed · Dubai Production City
- Gross yield
- 6.6%
- Median new rent
- AED 107,900/yr
- Yield vs area median
- -1.1 pts
- Yield vs Dubai (6.8%)
- -0.2 pts
- Yield rank
- 14th of 18
- Renewal rent
- AED 109,000/yr
Short-term income
2 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 656
- Net revenue
- AED 121,568/yr
- vs long-let rent
- 1.1×
- Listings seen
- 4+
Read with care
- Rental data covers the whole Midtown - Noor project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Jan 2021, AED 1,243,335; latest, Jun 2026, AED 1,650,000; peak, Apr 2026, AED 1,675,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,361 · before fees
- Launch, 2021–23
- 1,052
- +29%
- 33 sales
- 5 years ago
- 1,053
- +29%
- 30 sales
- 3 years ago
- 1,139
- +19%
- 58 sales
- Previous 12 months
- 1,166
- +17%
- 37 sales
- Last 12 months
- 1,361
- today
- 7 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
7 resales in the last 12 months, against 43 a year on average over 2023–2025.
7 resales in the last 12 months.
Short-term rates around Noor 5
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Production City
Every Dubai Production City building with a page, ranked by price per sqft over the same 12 months, all unit types. Noor 5 places 16th of 62; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Noor 5 (AED 1,361/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Noor 5 has registered sale prices 16% above the Dubai Production City median price per square foot of 1,185 AED, across 35 eligible buildings. It ranks 5th of 35 by price per square foot and 14th of 18 by gross yield in Dubai Production City.
Market context in Dubai Production City
Registered sales activity
805 ready apartment sales in the 12 months to 2026-10-12.
+5.5% in median AED/sqft versus the preceding year, supported by 805 current and 1,116 prior price observations.
Explore sales activityPlanned apartment projects
2,784 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,449 apartments are planned in Dubai Production City from 2026 to 2028, equal to 54% of the 6,406 homes let there today.
Ready prices per sqft fell in 11% of 45 buildings (counted once per bedroom type) in Dubai Production City with sales in both years; the typical one moved +6.8%.
New-lease rents fell in 38% of 13 buildings (counted once per bedroom type) with leases in both years; the typical one moved +2.3%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Noor towers
5 towers in Midtown - Noor, at the bedroom type above.
Ejari files Midtown - Noor’s leases under the project, not a tower, so 2 towers share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Midtown: every development at this typeMidtown: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
About Noor 5
Noor 5 is an apartment building completed in 2023 by Deyaar Development in Dubai Production City. 215 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Deyaar Development
Drive times · typical
- Downtown
- 27 min · 28 km
- DXB Airport
- 29 min · 36 km
- DIFC
- 25 min · 31 km
- Dubai Marina
- 19 min · 17 km
- Palm Jumeirah
- 28 min · 24 km
Nearest, as registered
- Metro
- Harbour Tower
- Mall
- Ibn-e-Battuta Mall
- Landmark
- Sports City Swimming Academy
Noor 5: AED 1,361 per sq ft, 8% above the median Dubai Production City building, and a 4.5% gross yield, in the bottom tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Noor 5AED 1,361
- Dubai Production City, readyAED 991
- Dubai Production City, off-planAED 1,407
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Noor 5Dubai Production City median building
- Dubai Production City4.5% vs 8.3%
More from Deyaar Development
Downtown Residences
Business Bay · 365 sales, 12 months
2.58M
AED, resale median · 2,770/sqft
Ivy at Park Five
Dubai Production City · 181 sales, 12 months
1.14M
AED, resale median · 1,456/sqft
ELEVE by DEYAAR
Downtown Jebel Ali · 149 sales, 12 months
1.56M
AED, resale median · 1,345/sqft
Ember at Park Five
Dubai Production City · 117 sales, 12 months
1.10M
AED, resale median · 1,339/sqft
Nearby in Dubai Production City
Prices per sq ft around Noor 5, on the mapPrices per sq ft around Noor 5, on the map
Noor 3
Dubai Production City · 18 sales, 12 months
840,000
AED, resale median · 1,407/sqft
Noor 2
Dubai Production City · 11 sales, 12 months
895,000
AED, resale median · 1,332/sqft
Noor 1
Dubai Production City · 7 sales, 12 months
870,000
AED, resale median · 1,324/sqft
Noor 4
Dubai Production City · 7 sales, 12 months
927,000
AED, resale median · 1,286/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Noor 5’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 7,264AED
- 4.5% over 25 years
- Monthly rent
- 8,992AED
- AED 107,900 a year
- Cash needed at purchase
- 449,879AED
- 20% down plus AED 123,179 in fees
Owning costs AED 394,837 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Noor 5?
- Noor 5 returns 6.6% gross: a median new-contract rent of AED 107,900 a year (34 Ejari contracts in 12 months) over a price benchmark of AED 1.63M (median of 6 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in Noor 5 cost?
- The median registered sale price is AED 1.63M (1,373 AED/sqft), from 6 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Noor 5 selling for right now?
- Registered sales of ready units in Noor 5 over the last 12 months have a median of 1,373 AED/sqft, across 6 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Noor 5 risen or fallen?
- Median price per square foot moved +14.7% over the last 12 months against the 12 before it, on 6 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Noor 5 compare with Dubai Production City?
- Its 6.6% gross yield sits -1.1 pts against the Dubai Production City median of 7.7%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
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Noor 5 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 6 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/production-city/noor-5
Cite as: Dubai Wealth Index. “Noor 5 sale prices and yield.” Dubai Production City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/production-city/noor-5
Stable dataJSON