1-bed · 803 sqftNoura Tower, Business Bay · 13th floor · completed 2022

1308, Noura Tower

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 1.53M3 May 2024
Current rentAED 97K /yr2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Noura Tower

What is 1308 worth today?

Last sold for AED 1,525,000 in 2024

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2 Oct 2024RentedRenewal
AED 96,600/yr12 months · AED 121 per sqft
3 May 2024SoldReady
AED 1,525,000AED 1,899 per sqft
2 Oct 2023RentedNew contract
AED 92,000/yr12 months · AED 114 per sqft
29 Aug 2022RentedNew contract
AED 65,959/yr12 months · AED 82 per sqft
28 Aug 2022RentedNew contract
AED 65,785/yr12 months · AED 82 per sqft
5 Sep 2021RentedNew contract
AED 64,000/yr12 months · AED 79 per sqft
5 Nov 2020RentedNew contract
AED 61,998/yr12 months · AED 77 per sqft
4 Mar 2020RentedNew contract
AED 72,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
13th of 68
Parking
L3-312
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 12,500 /yr
Last sold
AED 1.53M · May 2024
Building
Noura Tower

About 1308, Noura Tower

1308 is a one-bedroom apartment of 803 sqft on the 13th 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 3 May 2024 for AED 1,525,000, or AED 1,899 per sqft, in line with the AED 1,897 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 2 October 2024, is AED 96,600 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical one-bed in Noura Tower
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,939,269; 2017 AED 1,953,235; 2018 AED 1,656,344; 2019 AED 1,600,000; 2020 AED 1,155,811; 2021 AED 1,175,865; 2022 AED 1,372,500; 2023 AED 1,620,000; 2024 AED 1,600,000; 2025 AED 1,690,000; 2026 AED 1,575,000Sold by developer, August 2016: AED 1,710,378 (AED 2,130 per sqft)Sold, May 2024: AED 1,525,000 (AED 1,899 per sqft)

1308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, each contractTypical one-bed in Noura Tower
75K100K2018202120242027Typical rent by year: 2018 AED 92,400; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 105,000New contract, March 2019: AED 72,000 a yearNew contract, March 2020: AED 72,000 a yearNew contract, November 2020: AED 61,998 a yearNew contract, September 2021: AED 64,000 a yearNew contract, August 2022: AED 65,959 a yearNew contract, August 2022: AED 65,785 a yearNew contract, October 2023: AED 92,000 a yearRenewal, October 2024: AED 96,600 a year

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

1-beds in Noura Tower, and where 1308 sits

All 168 1-beds →

1308 last sold in May 2024 at AED 1,899 per sqft, in line with what one-beds in Noura Tower were fetching at the time (AED 1,897). Over the last 12 months one-beds sold for AED 1,300,000 to 3,100,000, around AED 1,883 per sqft, and rent for AED 70,000 to 300,000 a year. 1308's AED 96,600 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20261,550,000
3 Aug 20261,640,000
22 Jul 20261,500,000
22 Jun 20261,700,000
17 1-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 13th floor

All 544 units in Noura Tower
Value
13012-bedAED 2.58M · Jan 2025
13022-bedAED 2.93M · Jun 2016
13031-bedAED 1.57M · Nov 2025
13042-bedAED 3.47M · Aug 2016
13051-bedAED 1.8M · Mar 2025
13061-bedAED 2.3M · Jan 2017
13071-bedAED 1.7M · Nov 2024
1–7 of 10

1308, Noura Tower in numbers

  • Sold twice: first on 25 August 2016 for AED 1,710,378, last on 3 May 2024 for AED 1,525,000 (AED 1,899 per sqft).
  • Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 61,998 in 2020 and recovered to AED 96,600 by October 2024.
  • At AED 96,600 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 12,500 a year (AED 15.53 per sqft).
  • One-beds in Noura Tower sold for AED 1,300,000–3,100,000 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 2 October 2024.

Questions about 1308, Noura Tower

What did unit 1308 last sell for?

AED 1,525,000 on 3 May 2024: AED 1,899 per sqft for 803 sqft. The unit has 2 registered sales; the first was AED 1,710,378 in August 2016.

What is the rent for unit 1308?

AED 96,600 a year on the contract renewed on 2 October 2024. The previous contract, from October 2023, was AED 92,000; the unit has been rented since March 2019.

How big is unit 1308?

803 sqft (74.6 sqm): a one-bedroom apartment on the 13th floor of a 68-storey tower completed in 2022.

What is unit 1308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Noura Tower sold for AED 1,300,000 to 3,100,000 in the last 12 months, around AED 1,883 per sqft.

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Mortgage on 1308, Noura Tower

Starts from the last sale price (AED 1.53M, 3 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,000
Deposit, UAE resident (20%)
AED 305,000
Deposit, non-resident (40%)
AED 610,000
Monthly over 25 years at 3.7%
AED 6,239

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