2-bed · 1,359 sqftNoura Tower, Business Bay · 16th floor · completed 2022

1602, Noura Tower

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 2.15M5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Noura Tower

What is 1602 worth today?

Last sold for AED 2,150,000 in 2024

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5 Jul 2024SoldReady
AED 2,150,000AED 1,582 per sqft
7 Oct 2019Sold by developerReady
AED 2,100,000AED 1,545 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
16th of 68
Parking
B-385
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.15M · July 2024
Building
Noura Tower

About 1602, Noura Tower

1602 is a two-bedroom apartment of 1,359 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. It last sold on 5 July 2024 for AED 2,150,000, or AED 1,582 per sqft, in line with the AED 1,621 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, 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 2019: AED 2,100,000 (AED 1,545 per sqft)Sold, July 2024: AED 2,150,000 (AED 1,582 per sqft)

1602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, 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 145,000

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 1602 sits

All 276 2-beds →

1602 last sold in July 2024 at AED 1,582 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,621). 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.

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
16012-bedAED 2.17M · Dec 2018
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

1602, Noura Tower in numbers

  • Sold twice: first on 7 October 2019 for AED 2,100,000, last on 5 July 2024 for AED 2,150,000 (AED 1,582 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 5 July 2024.

Questions about 1602, Noura Tower

What did unit 1602 last sell for?

AED 2,150,000 on 5 July 2024: AED 1,582 per sqft for 1,359 sqft. The unit has 2 registered sales; the first was AED 2,100,000 in October 2019.

How big is unit 1602?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 16th floor of a 68-storey tower completed in 2022.

What is unit 1602 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 1602, Noura Tower

Starts from the last sale price (AED 2.15M, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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