1-bed · 803 sqftNoura Tower, Business Bay · 19th floor · completed 2022

1903, Noura Tower

Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 2.06M1 February 2017
Current rentAED 85K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Noura Tower

What is 1903 worth today?

Last sold for AED 2,059,681 in 2017

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5 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
15 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
1 Oct 2020RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
1 Feb 2017Sold by developerOff-plan
AED 2,059,681AED 2,565 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
19th of 68
Parking
L4-171
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 12,500 /yr
Last sold
AED 2.06M · February 2017
Building
Noura Tower

About 1903, Noura Tower

1903 is a one-bedroom apartment of 803 sqft on the 19th 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 1 February 2017 for AED 2,059,681, or AED 2,565 per sqft, 13% above the AED 2,267 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 5 September 2022, is AED 85,000 a year: a gross yield of 4.1% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical one-bed in Noura Tower
1M1.5M2M2016201920222025Typical 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, February 2017: AED 2,059,681 (AED 2,565 per sqft)

1903 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1903, each contractTypical one-bed in Noura Tower
50K100K2018202120242027Typical 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, October 2020: AED 85,000 a yearNew contract, July 2021: AED 55,000 a yearNew contract, September 2022: AED 85,000 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 1903 sits

All 168 1-beds →

1903 last sold in February 2017 at AED 2,565 per sqft, 13% above 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. 1903's AED 85,000 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 19th floor

All 544 units in Noura Tower
Value
19012-bedAED 2.31M · Jan 2019
19022-bedAED 1.63M · May 2021
19042-bedAED 3.42M · Sep 2016
19051-bedAED 2.22M · Nov 2016
19061-bedAED 1.4M · Apr 2022
19071-bedAED 1.65M · Oct 2019
19081-bedAED 1.55M · Sep 2025
1–7 of 10

1903, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 1 February 2017 for AED 2,059,681, or AED 2,565 per sqft.
  • Rented since October 2020 on 3 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2021 and recovered to AED 85,000 by September 2022.
  • At AED 85,000 a year the gross yield on the 2017 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 5 September 2022.

Questions about 1903, Noura Tower

What did unit 1903 last sell for?

AED 2,059,681 on 1 February 2017, sold by the developer: AED 2,565 per sqft for 803 sqft. It is the only registered sale of the unit.

What is the rent for unit 1903?

AED 85,000 a year on the contract signed on 5 September 2022. The previous contract, from July 2021, was AED 55,000; the unit has been rented since October 2020.

How big is unit 1903?

803 sqft (74.6 sqm): a one-bedroom apartment on the 19th floor of a 68-storey tower completed in 2022.

What is unit 1903 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 1903, Noura Tower

Starts from the last sale price (AED 2.06M, 1 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,059,681
Deposit, UAE resident (20%)
AED 411,936
Deposit, non-resident (40%)
AED 823,872
Monthly over 25 years at 3.7%
AED 8,427

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