1603, Noura Tower
Sold prices and rental history: sold once, by the developer in September 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Noura Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 30 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 16th of 68
- Parking
- L3-222
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.83M · September 2016
- Building
- Noura Tower
About 1603, Noura Tower
1603 is a one-bedroom apartment of 803 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 19 September 2016 for AED 1,826,812, or AED 2,275 per sqft, in line with the AED 2,267 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 30 June 2023, is AED 74,586 a year: a gross yield of 4.1% on the 2016 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 168 1-beds →1603 last sold in September 2016 at AED 2,275 per sqft, in line with what one-beds in Noura Tower were fetching at the time (AED 2,267). 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. 1603's AED 74,586 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 810 sqft | 1,550,000 | 1,914 | ||
| 3 Aug 20263 August 2026 | 870 sqft | 1,640,000 | 1,885 | ||
| 22 Jul 202622 July 2026 | 1,033 sqft | 1,500,000 | 1,451 | ||
| 22 Jun 202622 June 2026 | 1,033 sqft | 1,700,000 | 1,645 |
Noura Tower
Building544 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%
Other units on the 16th floor
All 544 units in Noura Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,511 sqft | AED 2.17MAED 2,168,726 · Dec 2018December 2018 | 143,500 /yr | |
| 1602 | 2-bed | 1,359 sqft | AED 2.15MAED 2,150,000 · Jul 2024July 2024 | ||
| 1604 | 2-bed | 1,511 sqft | AED 3.54MAED 3,535,966 · Aug 2016August 2016 | 145,000 /yr | |
| 1605 | 1-bed | 870 sqft | AED 1.64MAED 1,640,000 · Aug 2026August 2026 | 105,000 /yr | |
| 1606 | 1-bed | 1,033 sqft | AED 2.34MAED 2,343,021 · Aug 2016August 2016 | 105,000 /yr | |
| 1607 | 1-bed | 975 sqft | AED 1.85MAED 1,850,000 · Sep 2023September 2023 | 33,037 /yr | |
| 1608 | 1-bed | 803 sqft | AED 1.75MAED 1,746,513 · Aug 2016August 2016 | 110,000 /yr | |
| 1609 | 2-bed | 1,359 sqft | AED 1.34MAED 1,340,000 · May 2021May 2021 | 125,000 /yr | |
| 1610 | 2-bed | 1,511 sqft | AED 2.71MAED 2,707,105 · Jun 2017June 2017 | 150,000 /yr | |
| 1611 | 2-bed | 1,356 sqft | AED 2.45MAED 2,445,599 · Aug 2017August 2017 |
1603, Noura Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 19 September 2016 for AED 1,826,812, or AED 2,275 per sqft.
- Rented since July 2021 on 3 Ejari contracts, from AED 55,000 to AED 74,586 a year.
- At AED 74,586 a year the gross yield on the 2016 price is 4.1%, 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 30 June 2023.
Questions about 1603, Noura Tower
What did unit 1603 last sell for?
AED 1,826,812 on 19 September 2016, sold by the developer: AED 2,275 per sqft for 803 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 74,586 a year on the contract renewed on 30 June 2023. The previous contract, from July 2022, was AED 65,181; the unit has been rented since July 2021.
How big is unit 1603?
803 sqft (74.6 sqm): a one-bedroom apartment on the 16th floor of a 68-storey tower completed in 2022.
What is unit 1603 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 1603, Noura Tower
Starts from the last sale price (AED 1.83M, 19 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,826,812
- Deposit, UAE resident (20%)
- AED 365,362
- Deposit, non-resident (40%)
- AED 730,725
- Monthly over 25 years at 3.7%
- AED 7,474
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →