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Alef Noon Residence

Price from

AED 1,807,207≈ $492,092 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 16,146 per m² ≈ $4,396

cheaper than 70% of city projects: -19%

Data verified Aug 8, 2026 · price source: developer partner network · updated 1 day ago

Properties
Condominium
Area
112 - 123 m²
Bedrooms
2
Completion
Q4 2024
Readiness
Ready
Dry season
Jul, Aug, Oct
First instalment
20%

Price

Is this expensive for the city

$4,396 per m², Dubai median $5,399

$38$52,299

-19% vs the city median (Dubai), sample of 372 projects. cheaper than 70% of city projects.

Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.

Purchase estimate for this project

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The cost of this project

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What it really costs

Payment plan

  1. 20%Step 1 · On booking$98,418
  2. 4%Step 2 · Tax$19,684
  3. 60%Step 3 · Before commissioning$295,255
  4. 20%Step 4 · On transfer$98,418
Total
$492,092

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

ROI Calculator

$246,046$648,891
$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.

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%
See calculation details
Gross annual rent
$27,937
Common area fee
-$221
Tax (10%)
-$2,794
Agent commission
-$2,451
Net annual income
$22,472
Read moreCollapse
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

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
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.

Price in your currency

Rate: 1 USD = 3.6725 AED≈ $492,092Rate as of 2026-10-14

Denominated in AED - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Dubai, United Arab Emirates

Market context

Apartment prices20%
Villa prices29%
Residential transactions56,723transactions, ↑ +16% YoY
Average apartment rentAED 107,000↑ +8.5% YoY
Price per sqmAED 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.

Sources (6) · updated 21/08/2026

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