1-bed · 975 sqftNoura Tower, Business Bay · 20th floor · completed 2022

2007, Noura Tower

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2007 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 1.55M19 February 2024
Current rentAED 89K /yr7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Noura Tower

What is 2007 worth today?

Last sold for AED 1,550,000 in 2024

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7 Mar 2024RentedNew contract
AED 89,250/yr12 months · AED 91 per sqft
19 Feb 2024SoldReady
AED 1,550,000AED 1,589 per sqft
7 Mar 2023RentedNew contract
AED 89,250/yr12 months · AED 91 per sqft
7 Mar 2022RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
13 Feb 2021RentedNew contract
AED 72,000/yr12 months · AED 74 per sqft
25 May 2017Sold by developerOff-plan
AED 2,240,672AED 2,297 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
1-bed apartment
Size
975 sqft
Floor
20th of 68
Parking
L3-318
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 15,100 /yr
Last sold
AED 1.55M · February 2024
Building
Noura Tower

About 2007, Noura Tower

2007 is a one-bedroom apartment of 975 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. It last sold on 19 February 2024 for AED 1,550,000, or AED 1,589 per sqft, 14% below the AED 1,852 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 7 March 2024, is AED 89,250 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 15,100 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, 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, May 2017: AED 2,240,672 (AED 2,297 per sqft)Sold, February 2024: AED 1,550,000 (AED 1,589 per sqft)

2007 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2007, each contractTypical one-bed in Noura Tower
75K100K2018202120242027Typical 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, February 2021: AED 72,000 a yearNew contract, March 2022: AED 85,000 a yearNew contract, March 2023: AED 89,250 a yearNew contract, March 2024: AED 89,250 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 2007 sits

All 168 1-beds →

2007 last sold in February 2024 at AED 1,589 per sqft, 14% below what one-beds in Noura Tower were fetching at the time (AED 1,852). 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. 2007's AED 89,250 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 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
20042-bedAED 3.63M · Nov 2016
20051-bedAED 1.58M · May 2020
20061-bedAED 2.4M · Jan 2017
20081-bedAED 1.79M · Oct 2016
1–7 of 10

2007, Noura Tower in numbers

  • Sold twice: first on 25 May 2017 for AED 2,240,672, last on 19 February 2024 for AED 1,550,000 (AED 1,589 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 72,000 to AED 89,250 a year.
  • At AED 89,250 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 15,100 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 7 March 2024.

Questions about 2007, Noura Tower

What did unit 2007 last sell for?

AED 1,550,000 on 19 February 2024: AED 1,589 per sqft for 975 sqft. The unit has 2 registered sales; the first was AED 2,240,672 in May 2017.

What is the rent for unit 2007?

AED 89,250 a year on the contract signed on 7 March 2024. The previous contract, from March 2023, was AED 89,250; the unit has been rented since February 2021.

How big is unit 2007?

975 sqft (90.6 sqm): a one-bedroom apartment on the 20th floor of a 68-storey tower completed in 2022.

What is unit 2007 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 2007, Noura Tower

Starts from the last sale price (AED 1.55M, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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