2-bed · 1,359 sqftNoura Tower, Business Bay · 19th floor · completed 2022

1909, Noura Tower

Sold prices and rental history: sold once, by the developer in November 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1909 · DLD and Ejari recordsUpdated 17 May 2021
Last soldAED 1.98M15 November 2018
Current rentAED 85K /yr17 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1909, Noura Tower

What is 1909 worth today?

Last sold for AED 1,978,012 in 2018

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17 May 2021RentedNew contract
AED 85,000/yr12 months · AED 63 per sqft
1 Mar 2020RentedRenewal
AED 105,000/yr12 months · AED 77 per sqft
1 Mar 2019RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
15 Nov 2018Sold by developerOff-plan
AED 1,978,012AED 1,456 per sqft

Source: Dubai Land Department. Updated 17 May 2021.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
19th of 68
Parking
B-319
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 1.98M · November 2018
Building
Noura Tower

About 1909, Noura Tower

1909 is a two-bedroom apartment of 1,359 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 15 November 2018 for AED 1,978,012, or AED 1,456 per sqft, 7% below the AED 1,558 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 17 May 2021, is AED 85,000 a year: a gross yield of 4.3% on the 2018 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1909 over time

Sales
Unit 1909, 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, November 2018: AED 1,978,012 (AED 1,456 per sqft)

1909 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1909, 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 110,000 a yearRenewal, March 2020: AED 105,000 a yearNew contract, May 2021: AED 85,000 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 1909 sits

All 276 2-beds →

1909 last sold in November 2018 at AED 1,456 per sqft, 7% below what two-beds in Noura Tower were fetching at the time (AED 1,558). 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. 1909's AED 85,000 is at the bottom 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 19th floor

All 544 units in Noura Tower
Value
19012-bedAED 2.31M · Jan 2019
19022-bedAED 1.63M · May 2021
19031-bedAED 2.06M · Feb 2017
19042-bedAED 3.42M · Sep 2016
19051-bedAED 2.22M · Nov 2016
19061-bedAED 1.4M · Apr 2022
19071-bedAED 1.65M · Oct 2019
1–7 of 10

1909, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 15 November 2018 for AED 1,978,012, or AED 1,456 per sqft.
  • Rented since March 2019 on 3 Ejari contracts, from AED 110,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 4.3%, before a service charge of about AED 21,100 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 17 May 2021.

Questions about 1909, Noura Tower

What did unit 1909 last sell for?

AED 1,978,012 on 15 November 2018, sold by the developer: AED 1,456 per sqft for 1,359 sqft. It is the only registered sale of the unit.

What is the rent for unit 1909?

AED 85,000 a year on the contract signed on 17 May 2021. The previous contract, from March 2020, was AED 105,000; the unit has been rented since March 2019.

How big is unit 1909?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 19th floor of a 68-storey tower completed in 2022.

What is unit 1909 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 1909, Noura Tower

Starts from the last sale price (AED 1.98M, 15 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,978,012
Deposit, UAE resident (20%)
AED 395,602
Deposit, non-resident (40%)
AED 791,205
Monthly over 25 years at 3.7%
AED 8,093

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