Norah Residence
Off-Plan

Norah Residence

From AED 731,223·Handover Jun 2027·10% down payment Payment
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AED 731,223
Starting Price
Jun 2027
Handover
10% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Norah Residence is a residential complex by Al Tareq Star. Located in the rapidly developing area of Jumeirah Village Circle, the project offers thoughtfully designed studios, one- and two-bedroom apartments, as well as two- and three-bedroom duplex units for sale. The building features a clean, modern architectural style with a sleek faсade defined by clear geometric lines. The development comprises a ground floor, four podium levels, and twelve residential floors. Designed by NAGA Architects, Norah puts people first — every element is thoughtfully considered to create a comfortable daily living experience. The interiors combine practical functionality with a warm ambiance and stylish touches. The layouts are intuitive, lighting is soft and inviting, and premium materials are used throughout. All residences are equipped with a smart home system for added convenience and control. Residents have access to a range of high-end amenities, including a luxurious lobby, yoga space, fitness center, open-air cinema, and a rooftop pool with a lounge area — perfect for relaxation at any time of day. Thanks to its prime location in JVC, travel time to key city destinations is minimal: 12 minutes to Dubai Hills Mall, 15 minutes to Dubai Mall, 20 minutes to The Beach JBR, and just 4 minutes to Circle Mall.

Project Specifications
DeveloperAl Tareq Star
LocationJumeirah Village Circle (JVC)
Unit TypesStudio, 1 BR, 2 BR, 3 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 31,552 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,422
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 47,529 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Norah Residence launch basis812AED 731,223Current launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Al Tareq Star.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Norah Residence — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Bar
Cinema
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Lift
Lobby
Open air gym
Outdoor cinema
Parking
Pool Deck
Retail outlets
Shared Pool
Shared gym
Sitting Area
Smart home
Yoga studio

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

Norah Residence by Al Tareq Star

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 731,223

04

Unit mix includes Studio, 1 BR, 2 BR, 3 BR

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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