2-bed · 1,356 sqftNoura Tower, Business Bay · 20th floor · completed 2022

2011, Noura Tower

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

Unit 2011 · DLD and Ejari recordsUpdated 22 July 2019
Last soldAED 2.1M22 July 2019
Current rentAED 95K /yr13 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2011, Noura Tower

What is 2011 worth today?

Last sold for AED 2,100,000 in 2019

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22 Jul 2019Sold by developerReady
AED 2,100,000AED 1,549 per sqft
13 Jan 2019RentedNew contract
AED 95,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 22 July 2019.

Key facts

Type
2-bed apartment
Size
1,356 sqft
Floor
20th of 68
Parking
L5-267
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.1M · July 2019
Building
Noura Tower

About 2011, Noura Tower

2011 is a two-bedroom apartment of 1,356 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 22 July 2019 for AED 2,100,000, or AED 1,549 per sqft, in line with the AED 1,508 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 January 2019. The current contract, signed on 13 January 2019, is AED 95,000 a year: a gross yield of 4.5% on the 2019 price, before the service charge of about AED 21,100 a year.

Sales and rents for 2011 over time

Sales
Unit 2011, 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, July 2019: AED 2,100,000 (AED 1,549 per sqft)

2011 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2011, 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, January 2019: AED 95,000 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 2011 sits

All 276 2-beds →

2011 last sold in July 2019 at AED 1,549 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,508). 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. 2011's AED 95,000 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 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
20071-bedAED 1.55M · Feb 2024
1–7 of 10

2011, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 22 July 2019 for AED 2,100,000, or AED 1,549 per sqft.
  • Rented since January 2019 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 4.5%, 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 22 July 2019.

Questions about 2011, Noura Tower

What did unit 2011 last sell for?

AED 2,100,000 on 22 July 2019, sold by the developer: AED 1,549 per sqft for 1,356 sqft. It is the only registered sale of the unit.

What is the rent for unit 2011?

AED 95,000 a year on the contract signed on 13 January 2019.

How big is unit 2011?

1,356 sqft (126.0 sqm): a two-bedroom apartment on the 20th floor of a 68-storey tower completed in 2022.

What is unit 2011 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 2011, Noura Tower

Starts from the last sale price (AED 2.1M, 22 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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