Alef Noon Residence

Dubai, United Arab Emirates

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Price from

≈ $492,092AED 1,807,207Rate as of 2026-10-13

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 16,146 / m²

cheaper than 70% of city projects

-19% vs the city median (Dubai), sample of 372 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago

Properties

Condominium

Area

112 - 123 m²

Bedrooms

2

Completion

Q4 2024

Readiness

Ready

Dry season

Jul, Aug, Oct

Is this expensive for the city

$4,396per m²cheaper than 70% of city projects

Median $5,399
$2,302$52,237

-19% vs the city median (Dubai), sample of 372 projects

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

The cost of this project

A breakdown of this project for your budget and goals

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What it really costs

Payment plan

  1. Step 1

    On booking

    20%

    $98,418

  2. Step 2

    Tax

    4%

    $19,684

  3. Step 3

    Before commissioning

    60%

    $295,255

  4. Step 4

    On transfer

    20%

    $98,418

Total$492,092

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$490$7,393

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$1,873

Annual income

$22,472

Gross yield

5.7%

Net yield

4.6%

Value in 5 years

$658,530

5-year ROI

57%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Oct

Wettest months: Jan, Mar, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.117
Feb20.88
Mar23.316
Apr26.99
May30.74
Jun33.14
Jul35.01
Aug35.41
Sep33.52
Oct30.71
Nov26.58
Dec22.514

Source: NASA POWER, climate normal (2001-2020). Grid node 25.1, 55.2. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Completion

Q4 2024

Status

Ready

Area

112 - 123 m²

Description

Al Bait Al Duwaliy Real Estate Development completed Alef Noon Residence in Dubai in December 2024. The project is finished and ready. Units on offer are two-bedroom apartments ranging from 111.93 to 122.95 square meters. Prices start at 1,807,206.74 AED and go up to 1,985,877.47 AED, with a price per square meter of 16,146 AED. The spread between the smallest and largest unit means buyers can pick a layout within the same two-bedroom configuration but with more or less floor space. The project sits in the Dubai region. Because construction is already finished, a buyer moves in without waiting on a completion date. Al Bait Al Duwaliy Real Estate Development is the developer behind the project.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Location

Dubai, United Arab Emirates

Market context

Apartment prices

20%

Villa prices

29%

Residential transactions

56,723transactions

+16% YoY

Average apartment rent

AED 107,000

+8.5% YoY

Price per sqm

AED 1,600

+8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

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