1-bed · 1,034 sqftNoura Tower, Business Bay · 23rd floor · completed 2022

2306, Noura Tower

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

Unit 2306 · DLD and Ejari recordsUpdated 4 January 2021
Last soldAED 1.34M4 January 2021
Current rentAED 85K /yr30 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Noura Tower

What is 2306 worth today?

Last sold for AED 1,344,460 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jan 2021Sold by developerReady
AED 1,344,460AED 1,299 per sqft
30 Aug 2020RentedRenewal
AED 85,000/yr12 months · AED 82 per sqft
30 Aug 2019RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 4 January 2021.

Key facts

Type
1-bed apartment
Size
1,034 sqft
Floor
23rd of 68
Parking
L2-216
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 16,100 /yr
Last sold
AED 1.34M · January 2021
Building
Noura Tower

About 2306, Noura Tower

2306 is a one-bedroom apartment of 1,034 sqft on the 23rd 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 4 January 2021 for AED 1,344,460, or AED 1,299 per sqft, in line with the AED 1,299 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 30 August 2020, is AED 85,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 16,100 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, each saleTypical one-bed in Noura Tower
1.5M2M2016201920222025Typical 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, January 2021: AED 1,344,460 (AED 1,299 per sqft)

2306 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2306, 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, August 2019: AED 90,000 a yearRenewal, August 2020: AED 85,000 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 2306 sits

All 168 1-beds →

2306 last sold in January 2021 at AED 1,299 per sqft, in line with 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. 2306's AED 85,000 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 23rd floor

All 544 units in Noura Tower
Value
23012-bedAED 1.81M · Dec 2020
23022-bedAED 1.64M · May 2021
23031-bedAED 1.92M · Jan 2017
23042-bedAED 1.89M · Jan 2021
23051-bedAED 2.1M · Mar 2017
23071-bedAED 1.89M · Jun 2017
23081-bedAED 1.8M · Oct 2016
1–7 of 10

2306, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 4 January 2021 for AED 1,344,460, or AED 1,299 per sqft.
  • Rented since August 2019 on 2 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 16,100 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 4 January 2021.

Questions about 2306, Noura Tower

What did unit 2306 last sell for?

AED 1,344,460 on 4 January 2021, sold by the developer: AED 1,299 per sqft for 1,034 sqft. It is the only registered sale of the unit.

What is the rent for unit 2306?

AED 85,000 a year on the contract renewed on 30 August 2020. The previous contract, from August 2019, was AED 90,000.

How big is unit 2306?

1,034 sqft (96.1 sqm): a one-bedroom apartment on the 23rd floor of a 68-storey tower completed in 2022.

What is unit 2306 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.

Selling 2306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2306, Noura Tower

Starts from the last sale price (AED 1.34M, 4 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,344,460
Deposit, UAE resident (20%)
AED 268,892
Deposit, non-resident (40%)
AED 537,784
Monthly over 25 years at 3.7%
AED 5,501

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