Midtown - Noor in Dubai Production City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Midtown - Noor

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	60	14,450	867,000

Sales prices for completed properties in Midtown - Noor

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	40	14,471	580,000
1	85	12,367	1,053,699
2	112	13,424	1,509,303

Rents in Midtown - Noor

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	40	1,250	50,000
1	68	1,167	79,778
2	106	1,101	117,000

The cap rate (rental yield) of investments into Midtown - Noor project is 8.3% on average.

The price of an apartment in Midtown - Noor is 13,869 AED/sqm on average.

The long term rent of an apartment in Midtown - Noor is 1,144 AED/sqm/year on average.

Price for off-plan 1 bedroom apartment in Midtown - Noor is 867,000 AED or 14,450 AED/sqm.

Price for completed Studio apartment in Midtown - Noor is 580,000 AED or 14,471 AED/sqm.
Price for completed 1 bedroom apartment in Midtown - Noor is 1,053,699 AED or 12,367 AED/sqm.
Price for completed 2 bedroom apartment in Midtown - Noor is 1,509,303 AED or 13,424 AED/sqm.

Rent for Studio apartment in Midtown - Noor is 50,000 AED or 1,250 AED/sqm.
Rent for 1 bedroom apartment in Midtown - Noor is 79,778 AED or 1,167 AED/sqm.
Rent for 2 bedroom apartment in Midtown - Noor is 117,000 AED or 1,101 AED/sqm.

About Midtown - Noor

'Midtown - Noor' in 'Dubai Production City' area project description

Midtown - Noor is a residential project located in the heart of Dubai, UAE. The project is a joint venture between the renowned real estate developer, Meraas Holding, and the renowned international developer, Noor Investment Group. This project is located in the heart of Dubai, in the Jumeirah Village Circle. It is a luxurious residential development that offers a wide range of amenities and facilities to its residents.

The project consists of two towers, each of which has its own distinct character. The first tower, Midtown, is a modern and contemporary development that features a range of luxury apartments and penthouses. The second tower, Noor, is a more traditional and classic development that features a range of villas and townhouses. Both towers offer a range of amenities and facilities to its residents, including a swimming pool, gym, spa, and a range of retail outlets.

The project is designed to provide a luxurious lifestyle to its residents. The apartments and penthouses are designed with modern and contemporary interiors, while the villas and townhouses feature traditional and classic interiors. The project also features a range of amenities and facilities, such as a swimming pool, gym, spa, and a range of retail outlets.

The project is located in a prime location in Dubai, close to the city’s major attractions and landmarks. It is also close to a range of shopping malls, restaurants, and entertainment venues. The project is also close to a range of transportation options, including the Dubai Metro, which makes it easy for residents to get around the city.

Overall, Midtown - Noor is a luxurious residential project located in the heart of Dubai. It offers a range of amenities and facilities to its residents, and is located close to a range of attractions and landmarks. The project is designed to provide a luxurious lifestyle to its residents, and is a great option for those looking for a luxurious home in Dubai.

Q&A on Midtown - Noor

What are the advantages of 'Midtown - Noor' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Midtown - Noor is located in the heart of Dubai, offering easy access to the city’s major attractions, including the Burj Khalifa, Dubai Mall, and the Dubai Marina.

2. Affordable Prices: Midtown - Noor offers competitive prices for buyers looking for a property in Dubai.

3. Luxurious Amenities: Midtown - Noor offers a range of luxurious amenities, including a gym, swimming pool, and a variety of shops and restaurants.

4. Quality Construction: Midtown - Noor is built with high-quality materials and construction techniques, ensuring that the property is durable and of the highest quality.

5. Great Investment Opportunity: Midtown - Noor is a great investment opportunity for buyers looking to capitalize on the growing demand for real estate in Dubai.

What projects are better than 'Midtown - Noor' project in Dubai which are located close by, and why?

1. IMPZ Lake View Residences:
- Proximity to scenic lakes offering serene views.
- High-quality construction with modern amenities.
- Advanced security features and family-friendly environment.

2. The Crescent Towers:
- Unique architectural design and aesthetically pleasing layouts.
- Large community area with retail shops and dining options.
- Excellent connectivity to major highways and public transport.

3. Lago Vista:
- Developed by DAMAC, known for its luxurious developments.
- Access to premium amenities like swimming pools, gyms, and tennis courts.
- Landscaped gardens and ample recreational facilities.

4. Centrium Towers:
- Focus on affordable yet comfortable living spaces.
- Community lifestyle with a mix of residential, commercial, and recreational options.
- In-house maintenance services and quick access to healthcare facilities.

5. Dubai Lagoon:
- Close proximity to planned metro stations, enhancing connectivity.
- Extensive water features and green spaces creating a resort-like atmosphere.
- Diverse types of units catering to various budget ranges.

6. Blvd Heights:
- High-end finishing and superior quality of interiors.
- Direct access to major retail and leisure complexes.
- Various unit sizes and configurations to cater to different family needs.

These projects offer unique advantages such as better views, superior amenities, enhanced connectivity, and a mix of commercial and recreational facilities, creating a well-rounded living experience.