Deyaar Midtown Noor Dubai Production City

Midtown Noor is the completed Noor district of Deyaar's Midtown community in Dubai Production City: 593 homes in seven mid-rise buildings, studios to 3 BHK, finished in February 2023 and handed over by June 2023. The source listing shows it from AED 490,000 (about Rs 1.26 crore), which is below Rs 1.5 crore, so the site shows it as Price on Call.

Read the price correctly: Deyaar's own launch list started at AED 543,688 for a studio, so AED 490,000 is what a resale studio is being asked at, not a developer offer. That changes what you are buying. This is a ready flat, with a title deed, bought from an owner, in a district whose 2026 numbers show a median gross yield near 9%. It is a yield purchase, and this page treats it as one.

At a glance

Price and unit pricing

The sizes need a caveat: one portal prints studio areas from 248 sq ft and 1 BHK from 606 sq ft, another gives the district's range as 450 to 1,890 sq ft. The 248 sq ft figure is almost certainly a listing error. Ask for the title-deed area of the specific flat.

Against the district: a 2026 data site puts Dubai Production City apartment sales at about AED 1,188 per sq ft and rents near AED 87 per sq ft a year, giving a median gross yield of about 9%; other guides put the range at AED 1,200 to 1,500. At AED 1,090 per sq ft the listed entry is slightly under the district average, which is where a 2023 mid-rise building should sit. There is no mispricing here in either direction.

For Deyaar's older completed stock, Ruby Residence in Dubai Silicon Oasis is a 138-home building the developer finished in 2009, with three-beds listed from AED 1.17 M at about AED 700 per sq ft.

Payment and total cost

A ready resale has no construction-linked plan. You pay in full at transfer at a DLD trustee office, or with a UAE mortgage (non-residents can usually borrow 50 to 60% of value). The costs on top are fixed and known:

Deyaar's original plan for primary buyers was 50/50 — 20% down, 30% to handover and 50% over 60 months after — and some resellers may still be paying that off; if so the balance transfers with the unit and the price should reflect it. The service charge is not printed in any source we checked. Ask the seller for two years of statements; on a 450 sq ft studio a swing of AED 5 per sq ft is AED 2,250 a year, which is roughly 10% of the rent.

Location and connectivity

Midtown sits in Dubai Production City, the district formerly called IMPZ, beside Sheikh Mohammed bin Zayed Road. City Centre Me'aisem is the local mall a few minutes away; Jumeirah Golf Estates and Dubai Sports City are the neighbours to the north; Al Maktoum airport and Expo City are about 20 minutes south-west; Dubai Marina and JLT about 20 minutes; Downtown 25 to 30 minutes. There is no metro, and there is not going to be one soon, so every tenant drives.

The community itself is finished: four districts, pools, courts, day-care and retail, with over 2,200 homes. The trade-off is that the same road-dependent, far-out character that keeps prices near AED 1,188 per sq ft also keeps rents modest. Deyaar's newer Park Five is under construction in the same district if you want to compare off-plan and ready in one place. See all Dubai projects we track and the projects list.

Amenities and specifications

The district offers a family pool, health clubs, tennis and basketball courts, day-care centres and ground-floor retail, shared across Midtown. Apartments have fitted kitchens, built-in wardrobes and balconies on most units. The finish is mid-market and consistent across the seven buildings.

Because you are buying a specific flat, the useful questions are about that flat: floor and view (park-facing or road-facing), whether the kitchen is enclosed or open, the condition after three years of tenancy, and the current tenant's Ejari contract and rent. Final condition as per the transfer inspection.

About the developer

Deyaar Development PJSC is listed on the Dubai Financial Market and has operated for more than 20 years; it puts its delivered total above 23 million sq ft. Midtown is its flagship community: Afnan district was handed over in 2019, Mesk and Noor (over 900 homes between them) in 2023, and Jannat (362 homes) closed the masterplan. In 2025 the company announced 1,436 homes handed over across three projects, including Jannat and Regalia in Business Bay.

For a ready purchase the developer's record matters less than it does off-plan, but it still tells you two things: the community will be maintained by an established owners' association structure, and there is a long comparable-sales history in the same buildings to price against. Deyaar is a mid-market builder, not a luxury one, and the finish reflects that.

For overseas buyers

Buying from abroad. On the AED 490,000 entry price the 4% Dubai Land Department transfer fee is about AED 19,600 (USD 5,300), and registration, trustee and agency charges take the all-in cost to roughly 6% to 7% over the price. Most overseas buyers pay through the developer's plan rather than a UAE mortgage. The ownership rules, fees and non-resident lending for every passport are in our Dubai buying guide; the notes below work the numbers for an Indian buyer.

Dubai Production City is freehold, so a foreign buyer can hold the title outright. At AED 490,000 the whole purchase, fees included, sits inside one person's Liberalised Remittance Scheme allowance of USD 250,000 a year (about AED 918,000), which makes this one of the few Dubai purchases a single earner can complete in one financial year without a mortgage.

It does not reach the AED 2 M Golden Visa threshold, and a studio here will not get you there even combined with a second small unit unless the pair totals AED 2 M. There is no UAE tax on the rent; you declare it in India and pay at slab rates, and any gain on sale is taxed in India. On the numbers: a 9% gross district yield on AED 490,000 is about AED 44,000 a year, and after service charges, a month's vacancy and management a realistic net is nearer AED 30,000 to 34,000 — about 6 to 7%. That is still well above what an Indian city flat of the same price returns.

On exit: there is a deep resale market in Midtown because there are 2,200-plus similar homes, which means you can sell, but not at a premium. Buy at or under the district average and the exit takes care of itself.

Pros

• Completed and handed over in 2023 — no construction risk and no waiting
• Entry near AED 1,090 per sq ft on the smallest units, below the district's AED 1,188 average, in a district with a median gross yield near 9%
• A listed developer with a 20-year record and more than 2,200 Midtown homes delivered
• Mortgage-eligible ready stock, which off-plan is not
• Community amenities — pools, courts, day-care, retail — are built and operating
• Well inside one person's USD 250,000 LRS allowance

Cons

• Dubai Production City is a far-out, road-dependent district with no metro; tenants are budget-driven
• Rents are low in absolute terms (studios around AED 20,000 a year on one 2026 guide), so the 9% yield is on a small base
• The AED 490,000 figure is a resale ask; you will be buying from an owner, with 2% commission and no developer plan
• Below the AED 2 M Golden Visa threshold — this purchase does not get you a residence visa on its own
• Large supply: Midtown alone has 2,200-plus homes and neighbouring districts keep launching, which caps rent growth
• No source prints the current service charge; ask the owners' association for the DLD-approved rate before you compare yields

Who this is for

• Yield investors who want a ready, tenanted flat under AED 500,000 in one of Dubai's highest-yield districts
• First-time Dubai buyers who want to stay inside a single LRS allowance and avoid off-plan risk
• Buyers who value a listed developer's finished community over a new launch's promises
• Families working around Jebel Ali, Dubai Investment Park or Expo City who want a mid-market home nearby

Who should look elsewhere

• Anyone who needs a Golden Visa from the purchase
• Buyers who want capital growth from a prime address — this is a yield play, not a trophy
• People who want metro access or a central location
• Anyone who expects developer-style post-handover instalments on a ready resale

Our verdict

Buy it as a yield unit and nothing else. Check the service-charge history and the tenant's contract, pay no more than the district's AED 1,188 per sq ft average for a park-facing unit, and hold it for the rent. If the goal is a Golden Visa or a central address, this is the wrong purchase.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Midtown Noor?

The source listing shows it from AED 490,000 (about Rs 1.26 crore). That is below Deyaar's own launch prices — studios from AED 543,688, 1 BHK from AED 738,696, 2 BHK from AED 1,065,876 and 3 BHK from AED 1,990,793 — so it reads as a resale asking price for a studio. Because it is under Rs 1.5 crore the site shows Price on Call.

Is Midtown Noor ready?

Yes. Noor was completed in February 2023 and handed over by June 2023 as one of Midtown's four districts. You buy a flat with a title deed from an existing owner.

Is there a payment plan for Midtown Noor?

Not on a resale. You pay in full at transfer or use a UAE mortgage. Deyaar's launch plan was 50/50 with 60 months post-handover, but that was for primary sales, which are closed.

What are the buying costs?

4% DLD transfer fee (AED 19,600 on AED 490,000), about AED 4,000 in trustee and admin fees, 2% broker commission, and a 0.25% mortgage registration fee if you borrow.

What yield can I expect at Midtown Noor?

Dubai Production City apartments show a median gross yield of about 9% on 2026 data, with sale prices averaging about AED 1,188 per sq ft and rents near AED 87 per sq ft a year. Take off service charges, a month's vacancy and management to get a net figure; 6 to 7% net is a fair expectation if you buy at the right price.

Can a foreign national buy, and does it get a visa?

Dubai Production City is freehold, so yes. The purchase is under the AED 2 M Golden Visa threshold and does not qualify on its own. It fits inside one person's USD 250,000 LRS (the Reserve Bank of India's Liberalised Remittance Scheme) allowance (about AED 918,000). Buyers of any other nationality can own on the same terms: Dubai's designated freehold areas are open to all nationalities, there is no residency requirement and no local partner, and the Land Department issues the title deed in your own name.

Who is Deyaar and what have they delivered?

Deyaar Development PJSC is a Dubai-listed developer with more than 20 years in the market. Midtown is its largest community: Afnan (2019), Mesk and Noor (2023) and Jannat, totalling over 2,200 homes delivered in Dubai Production City.

What are the service charges at Midtown Noor?

Not printed in the sources we checked. Ask the seller for the last two years' service-charge statements and check the DLD service-charge index for Midtown before you sign; the figure changes the net yield materially on a flat this size.

Want the current resale listings in Midtown Noor with their service-charge statements side by side? Ask Realty Hunting and we will send the shortlist and arrange the viewing.

Compare with other Dubai projects

Also in Dubai Production City: Binghatti Elite (from AED 600,000, off-plan), Viera Residences (from AED 616,000, ready), Park Five (from AED 640,690, handover 2027) and Samana Resorts (from AED 669,000, handover 2028).

More by Deyaar: Eleve by Deyaar (from AED 555,458, handover 2027), Deyaar Bella Rose (from AED 610,000, ready) and Tria By Deyaar (from AED 620,000, ready).

A similar budget elsewhere in Dubai: Albero By ORO24 (from AED 490,000, handover 2027), Lincoln Star Residence 2 (from AED 486,000, handover 2027) and Lawnz by Danube (from AED 485,000, ready).

Read next: Dubai Rental Yields by Area, Gross and Net · Resale Property in Dubai: Costs, Checks and When It Beats Off-Plan · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.