2-bed · 1,511 sqftNoura Tower, Business Bay · 16th floor · completed 2022

1601, Noura Tower

Sold prices and rental history: sold once, by the developer in December 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 2.17M13 December 2018
Current rentAED 144K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Noura Tower

What is 1601 worth today?

Last sold for AED 2,168,726 in 2018

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15 Jul 2025RentedRenewal
AED 143,500/yr12 months · AED 95 per sqft
15 Jul 2025RentedRenewal
AED 143,500/yr12 months · AED 95 per sqft
15 Jul 2024RentedRenewal
AED 140,000/yr12 months · AED 93 per sqft
15 Jul 2023RentedNew contract
AED 130,000/yr12 months · AED 86 per sqft
10 Jul 2023RentedNew contract
AED 130,000/yr12 months · AED 86 per sqft
15 Aug 2022RentedRenewal
AED 94,500/yr12 months · AED 63 per sqft
15 Aug 2021RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
25 Jan 2021RentedRenewal
AED 90,000/yr6 months · AED 60 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
16th of 68
Parking
L5-150
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 2.17M · December 2018
Building
Noura Tower

About 1601, Noura Tower

1601 is a two-bedroom apartment of 1,511 sqft on the 16th 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 13 December 2018 for AED 2,168,726, or AED 1,434 per sqft, 8% below the AED 1,552 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 143,500 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 23,500 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, December 2018: AED 2,168,726 (AED 1,434 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, 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, February 2019: AED 109,999 a yearNew contract, July 2020: AED 90,000 a yearRenewal, January 2021: AED 90,000 a yearNew contract, August 2021: AED 90,000 a yearRenewal, August 2022: AED 94,500 a yearNew contract, July 2023: AED 130,000 a yearNew contract, July 2023: AED 130,000 a yearRenewal, July 2024: AED 140,000 a yearRenewal, July 2025: AED 143,500 a yearRenewal, July 2025: AED 143,500 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 1601 sits

All 276 2-beds →

1601 last sold in December 2018 at AED 1,434 per sqft, 8% below what two-beds in Noura Tower were fetching at the time (AED 1,552). 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. 1601's AED 143,500 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 16th floor

All 544 units in Noura Tower
Value
16022-bedAED 2.15M · Jul 2024
16031-bedAED 1.83M · Sep 2016
16042-bedAED 3.54M · Aug 2016
16051-bedAED 1.64M · Aug 2026
16061-bedAED 2.34M · Aug 2016
16071-bedAED 1.85M · Sep 2023
16081-bedAED 1.75M · Aug 2016
1–7 of 10

1601, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 13 December 2018 for AED 2,168,726, or AED 1,434 per sqft.
  • Rented since February 2019 on 10 Ejari contracts. The rent fell from AED 109,999 to AED 90,000 in 2021 and recovered to AED 143,500 by July 2025.
  • At AED 143,500 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 23,500 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 July 2025.

Questions about 1601, Noura Tower

What did unit 1601 last sell for?

AED 2,168,726 on 13 December 2018, sold by the developer: AED 1,434 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 143,500 a year on the contract renewed on 15 July 2025. The previous contract, from July 2025, was AED 143,500; the unit has been rented since February 2019.

How big is unit 1601?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 16th floor of a 68-storey tower completed in 2022.

What is unit 1601 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 1601, Noura Tower

Starts from the last sale price (AED 2.17M, 13 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,168,726
Deposit, UAE resident (20%)
AED 433,745
Deposit, non-resident (40%)
AED 867,490
Monthly over 25 years at 3.7%
AED 8,873

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