2-bed · 1,359 sqftNoura Tower, Business Bay · 11th floor · completed 2022

1109, Noura Tower

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 2.78M12 October 2016
Current rentAED 94K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Noura Tower

What is 1109 worth today?

Last sold for AED 2,784,975 in 2016

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15 Aug 2022RentedRenewal
AED 93,500/yr12 months · AED 69 per sqft
15 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 63 per sqft
1 Aug 2019RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft
12 Oct 2016Sold by developerOff-plan
AED 2,784,975AED 2,050 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
11th of 68
Parking
L5-178
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.78M · October 2016
Building
Noura Tower

About 1109, Noura Tower

1109 is a two-bedroom apartment of 1,359 sqft on the 11th floor of Noura Tower, a 68-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. The developer sold it on 12 October 2016 for AED 2,784,975, or AED 2,050 per sqft, 11% below the AED 2,309 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 93,500 a year: a gross yield of 3.4% on the 2016 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, 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 2,784,975 (AED 2,050 per sqft)

1109 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, 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, August 2019: AED 105,000 a yearNew contract, August 2021: AED 85,000 a yearRenewal, August 2022: AED 93,500 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 1109 sits

All 276 2-beds →

1109 last sold in October 2016 at AED 2,050 per sqft, 11% below what two-beds in Noura Tower were fetching at the time (AED 2,309). 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. 1109's AED 93,500 is at the bottom 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 11th floor

All 544 units in Noura Tower
Value
11012-bedAED 2.5M · Oct 2024
11022-bedAED 2.89M · Aug 2016
11031-bedAED 1.55M · Jan 2025
11042-bedAED 2.5M · Jul 2026
11051-bedAED 1.95M · Jun 2016
11061-bedAED 2.27M · Oct 2016
11071-bedAED 990K · Jul 2020
1–7 of 10

1109, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 12 October 2016 for AED 2,784,975, or AED 2,050 per sqft.
  • Rented since August 2019 on 3 Ejari contracts, from AED 105,000 to AED 93,500 a year.
  • At AED 93,500 a year the gross yield on the 2016 price is 3.4%, 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 15 August 2022.

Questions about 1109, Noura Tower

What did unit 1109 last sell for?

AED 2,784,975 on 12 October 2016, sold by the developer: AED 2,050 per sqft for 1,359 sqft. It is the only registered sale of the unit.

What is the rent for unit 1109?

AED 93,500 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 85,000; the unit has been rented since August 2019.

How big is unit 1109?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 11th floor of a 68-storey tower completed in 2022.

What is unit 1109 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 1109, Noura Tower

Starts from the last sale price (AED 2.78M, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,784,975
Deposit, UAE resident (20%)
AED 556,995
Deposit, non-resident (40%)
AED 1,113,990
Monthly over 25 years at 3.7%
AED 11,394

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