2-bed · 1,359 sqftNoura Tower, Business Bay · 13th floor · completed 2022

1309, Noura Tower

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

Unit 1309 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 2.1M15 March 2024
Current rentAED 120K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Noura Tower

What is 1309 worth today?

Last sold for AED 2,100,000 in 2024

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15 Mar 2024SoldReady
AED 2,100,000AED 1,545 per sqft
1 May 2023RentedRenewal
AED 120,000/yr12 months · AED 88 per sqft
1 May 2022RentedRenewal
AED 120,000/yr12 months · AED 88 per sqft
1 May 2021RentedRenewal
AED 120,000/yr12 months · AED 88 per sqft
1 May 2020RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
7 May 2017Sold by developerOff-plan
AED 2,391,003AED 1,760 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
13th of 68
Parking
L4-192
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.1M · March 2024
Building
Noura Tower

About 1309, Noura Tower

1309 is a two-bedroom apartment of 1,359 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 15 March 2024 for AED 2,100,000, or AED 1,545 per sqft, in line with the AED 1,588 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 120,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, 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, May 2017: AED 2,391,003 (AED 1,760 per sqft)Sold, March 2024: AED 2,100,000 (AED 1,545 per sqft)

1309 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, 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, May 2020: AED 120,000 a yearRenewal, May 2021: AED 120,000 a yearRenewal, May 2022: AED 120,000 a yearRenewal, May 2023: AED 120,000 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 1309 sits

All 276 2-beds →

1309 last sold in March 2024 at AED 1,545 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,588). 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. 1309's AED 120,000 is in the lower 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 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

1309, Noura Tower in numbers

  • Sold twice: first on 7 May 2017 for AED 2,391,003, last on 15 March 2024 for AED 2,100,000 (AED 1,545 per sqft).
  • Rented since May 2020 on 4 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.7%, 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 March 2024.

Questions about 1309, Noura Tower

What did unit 1309 last sell for?

AED 2,100,000 on 15 March 2024: AED 1,545 per sqft for 1,359 sqft. The unit has 2 registered sales; the first was AED 2,391,003 in May 2017.

What is the rent for unit 1309?

AED 120,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 120,000; the unit has been rented since May 2020.

How big is unit 1309?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 13th floor of a 68-storey tower completed in 2022.

What is unit 1309 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 1309, Noura Tower

Starts from the last sale price (AED 2.1M, 15 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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