2-bed · 1,511 sqftNoura Tower, Business Bay · 20th floor · completed 2022

2004, Noura Tower

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

Unit 2004 · DLD and Ejari recordsUpdated 18 April 2019
Last soldAED 3.63M10 November 2016
Current rentAED 115K /yr18 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Noura Tower

What is 2004 worth today?

Last sold for AED 3,627,217 in 2016

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18 Apr 2019RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
10 Nov 2016Sold by developerOff-plan
AED 3,627,217AED 2,399 per sqft

Source: Dubai Land Department. Updated 18 April 2019.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
20th of 68
Parking
L3-228
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 3.63M · November 2016
Building
Noura Tower

About 2004, Noura Tower

2004 is a two-bedroom apartment of 1,511 sqft on the 20th 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 10 November 2016 for AED 3,627,217, or AED 2,399 per sqft, 4% above the AED 2,317 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 April 2019. The current contract, signed on 18 April 2019, is AED 115,000 a year: a gross yield of 3.2% on the 2016 price, before the service charge of about AED 23,500 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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 2016: AED 3,627,217 (AED 2,399 per sqft)

2004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2004, 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, April 2019: AED 115,000 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 2004 sits

All 276 2-beds →

2004 last sold in November 2016 at AED 2,399 per sqft, 4% above what two-beds in Noura Tower were fetching at the time (AED 2,317). 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. 2004's AED 115,000 is in the lower 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 20th floor

All 544 units in Noura Tower
Value
20012-bedAED 2.4M · Mar 2024
20022-bedAED 1.63M · May 2021
20031-bedAED 1.12M · Dec 2020
20051-bedAED 1.58M · May 2020
20061-bedAED 2.4M · Jan 2017
20071-bedAED 1.55M · Feb 2024
20081-bedAED 1.79M · Oct 2016
1–7 of 10

2004, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 10 November 2016 for AED 3,627,217, or AED 2,399 per sqft.
  • Rented since April 2019 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2016 price is 3.2%, 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 18 April 2019.

Questions about 2004, Noura Tower

What did unit 2004 last sell for?

AED 3,627,217 on 10 November 2016, sold by the developer: AED 2,399 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 2004?

AED 115,000 a year on the contract signed on 18 April 2019.

How big is unit 2004?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 20th floor of a 68-storey tower completed in 2022.

What is unit 2004 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 2004, Noura Tower

Starts from the last sale price (AED 3.63M, 10 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,627,217
Deposit, UAE resident (20%)
AED 725,443
Deposit, non-resident (40%)
AED 1,450,887
Monthly over 25 years at 3.7%
AED 14,840

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