1-bed · 2,307 sqftNoura Tower, Business Bay · 2nd floor · completed 2022

202, Noura Tower

Sold prices and rental history: sold once, by the developer in April 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 2.44M6 April 2021
Current rentAED 260K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Noura Tower

What is 202 worth today?

Last sold for AED 2,436,340 in 2021

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10 Aug 2023RentedNew contract
AED 260,000/yr12 months · AED 113 per sqft
6 Apr 2021Sold by developerReady
AED 2,436,340AED 1,055 per sqft
15 Jul 2020RentedRenewal
AED 92,400/yr12 months · AED 40 per sqft
17 Feb 2019RentedNew contract
AED 130,601/yr17 months · AED 57 per sqft
17 Feb 2019RentedNew contract
AED 92,400/yr17 months · AED 40 per sqft

Source: Dubai Land Department. Updated 10 August 2023.

Key facts

Type
1-bed apartment
Size
2,307 sqft
Floor
2nd of 68
Parking
L1-168 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 35,800 /yr
Last sold
AED 2.44M · April 2021
Building
Noura Tower

About 202, Noura Tower

202 is a one-bedroom apartment of 2,307 sqft on the 2nd 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 6 April 2021 for AED 2,436,340, or AED 1,055 per sqft, 19% below the AED 1,299 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 August 2023, is AED 260,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 35,800 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical one-bed in Noura Tower
1M2M2016201920222025Typical 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, April 2021: AED 2,436,340 (AED 1,055 per sqft)

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

Rents
Unit 202, each contractTypical one-bed in Noura Tower
100K200K2018202120242027Typical 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 2019: AED 130,601 a yearNew contract, February 2019: AED 92,400 a yearRenewal, July 2020: AED 92,400 a yearNew contract, August 2023: AED 260,000 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 202 sits

All 168 1-beds →

202 last sold in April 2021 at AED 1,055 per sqft, 19% below what one-beds in Noura Tower were fetching at the time (AED 1,299). 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. 202's AED 260,000 is in the upper 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 2nd floor

All 544 units in Noura Tower
Value
2011-bedAED 3.57M · Nov 2016
2031-bedAED 2.41M · Mar 2022

202, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 6 April 2021 for AED 2,436,340, or AED 1,055 per sqft.
  • Rented since February 2019 on 4 Ejari contracts, from AED 92,400 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 35,800 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 10 August 2023.

Questions about 202, Noura Tower

What did unit 202 last sell for?

AED 2,436,340 on 6 April 2021, sold by the developer: AED 1,055 per sqft for 2,307 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 260,000 a year on the contract signed on 10 August 2023. The previous contract, from July 2020, was AED 92,400; the unit has been rented since February 2019.

How big is unit 202?

2,307 sqft (214.3 sqm): a one-bedroom apartment on the 2nd floor of a 68-storey tower completed in 2022.

What is unit 202 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 202, Noura Tower

Starts from the last sale price (AED 2.44M, 6 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,436,340
Deposit, UAE resident (20%)
AED 487,268
Deposit, non-resident (40%)
AED 974,536
Monthly over 25 years at 3.7%
AED 9,968

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