1-bed · 803 sqftNoura Tower, Business Bay · 16th floor · completed 2022

1608, 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 1608 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 1.75M15 August 2016
Current rentAED 110K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Noura Tower

What is 1608 worth today?

Last sold for AED 1,746,513 in 2016

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10 Jan 2025RentedNew contract
AED 110,000/yr12 months · AED 137 per sqft
10 Sep 2023RentedNew contract
AED 130,000/yr6 months · AED 161 per sqft
16 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 136 per sqft
2 Sep 2019RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
15 Aug 2016Sold by developerOff-plan
AED 1,746,513AED 2,175 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
16th of 68
Parking
L4-251
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 12,500 /yr
Last sold
AED 1.75M · August 2016
Building
Noura Tower

About 1608, Noura Tower

1608 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 15 August 2016 for AED 1,746,513, or AED 2,175 per sqft, 5% below the AED 2,283 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 January 2025, is AED 110,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical one-bed in Noura Tower
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,939,269; 2017 AED 1,953,235; 2018 AED 1,656,344; 2019 AED 1,600,000; 2020 AED 1,155,811; 2021 AED 1,175,865; 2022 AED 1,372,500; 2023 AED 1,620,000; 2024 AED 1,600,000; 2025 AED 1,690,000; 2026 AED 1,575,000Sold by developer, August 2016: AED 1,746,513 (AED 2,175 per sqft)

1608 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in Noura Tower
100K2018202120242027Typical rent by year: 2018 AED 92,400; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 105,000New contract, September 2019: AED 80,000 a yearNew contract, September 2022: AED 110,000 a yearNew contract, September 2023: AED 130,000 a yearNew contract, January 2025: AED 110,000 a year

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 1608 sits

All 168 1-beds →

1608 last sold in August 2016 at AED 2,175 per sqft, 5% below what one-beds in Noura Tower were fetching at the time (AED 2,283). 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. 1608's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20261,550,000
3 Aug 20261,640,000
22 Jul 20261,500,000
22 Jun 20261,700,000
17 1-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
16042-bedAED 3.54M · Aug 2016
16051-bedAED 1.64M · Aug 2026
16061-bedAED 2.34M · Aug 2016
16071-bedAED 1.85M · Sep 2023
1–7 of 10

1608, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 15 August 2016 for AED 1,746,513, or AED 2,175 per sqft.
  • Rented since September 2019 on 4 Ejari contracts, from AED 80,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2016 price is 6.3%, 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 10 January 2025.

Questions about 1608, Noura Tower

What did unit 1608 last sell for?

AED 1,746,513 on 15 August 2016, sold by the developer: AED 2,175 per sqft for 803 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 110,000 a year on the contract signed on 10 January 2025. The previous contract, from September 2023, was AED 130,000; the unit has been rented since September 2019.

How big is unit 1608?

803 sqft (74.6 sqm): a one-bedroom apartment on the 16th floor of a 68-storey tower completed in 2022.

What is unit 1608 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 1608, Noura Tower

Starts from the last sale price (AED 1.75M, 15 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,746,513
Deposit, UAE resident (20%)
AED 349,303
Deposit, non-resident (40%)
AED 698,605
Monthly over 25 years at 3.7%
AED 7,146

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