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

1604, Noura Tower

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 29 July 2026
Last soldAED 3.54M15 August 2016
Current rentAED 145K /yr29 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Noura Tower

What is 1604 worth today?

Last sold for AED 3,535,966 in 2016

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29 Jul 2026RentedRenewal
AED 145,000/yr12 months · AED 96 per sqft
29 Jul 2025RentedNew contract
AED 155,000/yr12 months · AED 103 per sqft
29 Jul 2025RentedNew contract
AED 155,000/yr12 months · AED 103 per sqft
25 Jun 2024RentedNew contract
AED 155,000/yr12 months · AED 103 per sqft
1 Mar 2023RentedRenewal
AED 101,192/yr12 months · AED 67 per sqft
1 Mar 2022RentedRenewal
AED 105,000/yr12 months · AED 69 per sqft
1 Mar 2021RentedRenewal
AED 100,000/yr12 months · AED 66 per sqft
1 Mar 2020RentedRenewal
AED 113,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 29 July 2026.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
16th of 68
Parking
L2-233
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 3.54M · August 2016
Building
Noura Tower

About 1604, Noura Tower

1604 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 15 August 2016 for AED 3,535,966, or AED 2,339 per sqft, 6% below the AED 2,493 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 29 July 2026, is AED 145,000 a year: a gross yield of 4.1% on the 2016 price, before the service charge of about AED 23,500 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, August 2016: AED 3,535,966 (AED 2,339 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, 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, March 2019: AED 118,000 a yearRenewal, March 2020: AED 113,000 a yearRenewal, March 2021: AED 100,000 a yearRenewal, March 2022: AED 105,000 a yearRenewal, March 2023: AED 101,192 a yearNew contract, June 2024: AED 155,000 a yearNew contract, July 2025: AED 155,000 a yearNew contract, July 2025: AED 155,000 a yearRenewal, July 2026: AED 145,000 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 1604 sits

All 276 2-beds →

1604 last sold in August 2016 at AED 2,339 per sqft, 6% below what two-beds in Noura Tower were fetching at the time (AED 2,493). 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. 1604's AED 145,000 is in the upper 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
16012-bedAED 2.17M · Dec 2018
16022-bedAED 2.15M · Jul 2024
16031-bedAED 1.83M · Sep 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

1604, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 15 August 2016 for AED 3,535,966, or AED 2,339 per sqft.
  • Rented since March 2019 on 9 Ejari contracts. The rent fell from AED 118,000 to AED 100,000 in 2021 and recovered to AED 145,000 by July 2026.
  • At AED 145,000 a year the gross yield on the 2016 price is 4.1%, 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 29 July 2026.

Questions about 1604, Noura Tower

What did unit 1604 last sell for?

AED 3,535,966 on 15 August 2016, sold by the developer: AED 2,339 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 145,000 a year on the contract renewed on 29 July 2026. The previous contract, from July 2025, was AED 155,000; the unit has been rented since March 2019.

How big is unit 1604?

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 1604 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 1604, Noura Tower

Starts from the last sale price (AED 3.54M, 15 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,535,966
Deposit, UAE resident (20%)
AED 707,193
Deposit, non-resident (40%)
AED 1,414,386
Monthly over 25 years at 3.7%
AED 14,467

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