Dubai Land Department Off-Plan Register

Noor 5 Launch Prices

Off-plan in Dubai Production City (IMPZ) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

104 developer launch sales registered at Noor 5 between Jan 2021 and May 2023: 100% apartments, most commonly 2-bed units, typically around 1,175 sqft.

Launch sales
104
DLD off-plan registrations, all time
Median launch /sqft
AED 1,100
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 836,8692,058,023
Min – max registered

Bed mix: 1-bed 19% · 2-bed 73% · 3-bed 8%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Noor 5, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2021 Q17AED 1,053
2021 Q213AED 1,050
2021 Q36AED 1,048
2021 Q44AED 1,065
2022 Q19AED 1,028
2022 Q29AED 1,157
2022 Q311AED 1,159
2022 Q424AED 1,112
2023 Q13AED 1,138
2023 Q218AED 1,164
Two different markets

Launch vs Resale

Noor 5 also has 10 ready-market resales registered with the DLD, the first on 15 January 2024 - 36 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
10
9 in the last 2 years
Resale median /sqft
AED 1,154
last 2 years
Resale vs launch
+5%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Noor 5 →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
1,800 sqft · 1 May 2023
AED 1,910,809
AED 1,062 /sqft
Apartment · 2 Bed
1,228 sqft · 1 May 2023
AED 1,422,450
AED 1,158 /sqft
Apartment · 1 Bed
789 sqft · 1 May 2023
AED 932,238
AED 1,182 /sqft
Apartment · 2 Bed
1,192 sqft · 1 May 2023
AED 1,306,509
AED 1,096 /sqft
Apartment · 3 Bed
1,801 sqft · 26 April 2023
AED 2,058,023
AED 1,143 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Dubai Production City (IMPZ)

Off-plan in Dubai Production City (IMPZ)

Compare this project with every other off-plan launch registered in Dubai Production City (IMPZ), or see the community's resale market.

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