1-bed · 1,723 sqftNoura Tower, Business Bay · 2nd floor · completed 2022

203, Noura Tower

Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 5 April 2023
Last soldAED 2.41M17 March 2022
Current rentAED 126K /yr5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Noura Tower

What is 203 worth today?

Last sold for AED 2,412,620 in 2022

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5 Apr 2023RentedRenewal
AED 126,000/yr12 months · AED 73 per sqft
5 Apr 2022RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
17 Mar 2022Sold by developerReady
AED 2,412,620AED 1,399 per sqft
15 Jul 2021RentedRenewal
AED 92,400/yr12 months · AED 54 per sqft
4 Apr 2021RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
7 Feb 2020RentedRenewal
AED 92,400/yr17 months · AED 54 per sqft
7 Feb 2019RentedNew contract
AED 92,400/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 5 April 2023.

Key facts

Type
1-bed apartment
Size
1,723 sqft
Floor
2nd of 68
Parking
L2-311,L2-312
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 26,800 /yr
Last sold
AED 2.41M · March 2022
Building
Noura Tower

About 203, Noura Tower

203 is a one-bedroom apartment of 1,723 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 17 March 2022 for AED 2,412,620, or AED 1,399 per sqft, 6% above the AED 1,318 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 5 April 2023, is AED 126,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 26,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, March 2022: AED 2,412,620 (AED 1,399 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Noura Tower
100K2018202120242027Typical 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 92,400 a yearRenewal, February 2020: AED 92,400 a yearNew contract, April 2021: AED 100,000 a yearRenewal, July 2021: AED 92,400 a yearNew contract, April 2022: AED 120,000 a yearRenewal, April 2023: AED 126,000 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 203 sits

All 168 1-beds →

203 last sold in March 2022 at AED 1,399 per sqft, 6% above what one-beds in Noura Tower were fetching at the time (AED 1,318). 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. 203's AED 126,000 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 2nd floor

All 544 units in Noura Tower
Value
2011-bedAED 3.57M · Nov 2016
2021-bedAED 2.44M · Apr 2021

203, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 17 March 2022 for AED 2,412,620, or AED 1,399 per sqft.
  • Rented since February 2019 on 6 Ejari contracts, from AED 92,400 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 26,800 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 5 April 2023.

Questions about 203, Noura Tower

What did unit 203 last sell for?

AED 2,412,620 on 17 March 2022, sold by the developer: AED 1,399 per sqft for 1,723 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 126,000 a year on the contract renewed on 5 April 2023. The previous contract, from April 2022, was AED 120,000; the unit has been rented since February 2019.

How big is unit 203?

1,723 sqft (160.1 sqm): a one-bedroom apartment on the 2nd floor of a 68-storey tower completed in 2022.

What is unit 203 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 203, Noura Tower

Starts from the last sale price (AED 2.41M, 17 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,412,620
Deposit, UAE resident (20%)
AED 482,524
Deposit, non-resident (40%)
AED 965,048
Monthly over 25 years at 3.7%
AED 9,871

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