2-bed · 1,359 sqftNoura Tower, Business Bay · 10th floor · completed 2022

1002, Noura Tower

Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 2.3M18 July 2024
Current rentAED 150K /yr25 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Noura Tower

What is 1002 worth today?

Last sold for AED 2,300,000 in 2024

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18 Jul 2024SoldReady
AED 2,300,000AED 1,693 per sqft
25 Oct 2022RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft
17 Dec 2020RentedNew contract
AED 80,000/yr13 months · AED 59 per sqft
16 Oct 2016Sold by developerOff-plan
AED 2,764,597AED 2,035 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
10th of 68
Parking
L3-208
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.3M · July 2024
Building
Noura Tower

About 1002, Noura Tower

1002 is a two-bedroom apartment of 1,359 sqft on the 10th floor of Noura Tower, a 68-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. It last sold on 18 July 2024 for AED 2,300,000, or AED 1,693 per sqft, 4% above the AED 1,623 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 25 October 2022, is AED 150,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Noura Tower
2M3M2016201920222025Typical sale price by year: 2016 AED 3,452,195; 2017 AED 2,646,271; 2018 AED 2,215,873; 2019 AED 2,100,000; 2020 AED 1,813,500; 2021 AED 1,698,013; 2022 AED 1,661,792; 2023 AED 2,290,000; 2024 AED 2,350,000; 2025 AED 2,400,000; 2026 AED 2,462,500Sold by developer, October 2016: AED 2,764,597 (AED 2,035 per sqft)Sold, July 2024: AED 2,300,000 (AED 1,693 per sqft)

1002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Noura Tower
100K150K2018202120242027Typical rent by year: 2018 AED 110,000; 2019 AED 105,000; 2020 AED 95,000; 2021 AED 92,250; 2022 AED 114,000; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 145,000New contract, December 2020: AED 80,000 a yearNew contract, October 2022: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Noura Tower, and where 1002 sits

All 276 2-beds →

1002 last sold in July 2024 at AED 1,693 per sqft, 4% above what two-beds in Noura Tower were fetching at the time (AED 1,623). Over the last 12 months two-beds sold for AED 1,893,880 to 2,750,000, around AED 1,654 per sqft, and rent for AED 100,000 to 190,000 a year. 1002's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
20 Aug 20262,425,000
19 Aug 20262,180,000
20 Jul 20262,500,000
15 2-bed sales in the last 12 months

Noura Tower

Building

544 apartments, 1-bed to 6-bed over 68 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. 42 sold in the last 12 months.

Typical price per sqft
AED 1,824 Up 2.1%
Typical sale
AED 2.31M
Typical rent
AED 140K /yr
Typical yield
5.8%
Noura Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 544 units in Noura Tower
Value
10012-bedAED 2.28M · Jun 2023
10031-bedAED 1.7M · Nov 2016
10042-bedAED 2.3M · Dec 2025
10051-bedAED 1.93M · Aug 2016
10061-bedAED 1.7M · Jun 2026
10071-bedAED 1.75M · May 2017
10081-bedAED 1.55M · Mar 2025
1–7 of 10

1002, Noura Tower in numbers

  • Sold twice: first on 16 October 2016 for AED 2,764,597, last on 18 July 2024 for AED 2,300,000 (AED 1,693 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 80,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 21,100 a year (AED 15.53 per sqft).
  • Two-beds in Noura Tower sold for AED 1,893,880–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,824 per sqft.

Source: Dubai Land Department. Updated 18 July 2024.

Questions about 1002, Noura Tower

What did unit 1002 last sell for?

AED 2,300,000 on 18 July 2024: AED 1,693 per sqft for 1,359 sqft. The unit has 2 registered sales; the first was AED 2,764,597 in October 2016.

What is the rent for unit 1002?

AED 150,000 a year on the contract signed on 25 October 2022. The previous contract, from December 2020, was AED 80,000.

How big is unit 1002?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 10th floor of a 68-storey tower completed in 2022.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Noura Tower sold for AED 1,893,880 to 2,750,000 in the last 12 months, around AED 1,654 per sqft.

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Mortgage on 1002, Noura Tower

Starts from the last sale price (AED 2.3M, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →