2-bed · 1,368 sqftNoura Tower, Business Bay · 24th floor · completed 2022

2409, Noura Tower

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2409 · DLD and Ejari recordsUpdated 15 March 2022
Last soldAED 1.52M15 March 2022
Current rentAED 110K /yr28 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2409, Noura Tower

What is 2409 worth today?

Last sold for AED 1,518,347 in 2022

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15 Mar 2022Sold by developerReady
AED 1,518,347AED 1,109 per sqft
28 Oct 2020RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
28 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
28 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 15 March 2022.

Key facts

Type
2-bed apartment
Size
1,368 sqft
Floor
24th of 68
Parking
B-440
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,200 /yr
Last sold
AED 1.52M · March 2022
Building
Noura Tower

About 2409, Noura Tower

2409 is a two-bedroom apartment of 1,368 sqft on the 24th 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 15 March 2022 for AED 1,518,347, or AED 1,109 per sqft, 7% below the AED 1,197 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 28 October 2020, is AED 110,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2409 over time

Sales
Unit 2409, 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, March 2022: AED 1,518,347 (AED 1,109 per sqft)

2409 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2409, 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, October 2018: AED 110,000 a yearRenewal, October 2019: AED 110,000 a yearRenewal, October 2020: AED 110,000 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 2409 sits

All 276 2-beds →

2409 last sold in March 2022 at AED 1,109 per sqft, 7% below what two-beds in Noura Tower were fetching at the time (AED 1,197). 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. 2409's AED 110,000 is in the lower half 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 24th floor

All 544 units in Noura Tower
Value
24012-bedAED 1.89M · Mar 2021
24022-bedAED 1.64M · May 2021
24031-bedAED 1.5M · Sep 2023
24042-bedAED 1.81M · Dec 2020
24051-bedAED 1.35M · Apr 2022
24061-bedAED 2.38M · Apr 2017
24071-bedAED 1.91M · Jun 2017
1–7 of 10

2409, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 15 March 2022 for AED 1,518,347, or AED 1,109 per sqft.
  • Rented since October 2018 on 3 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 21,200 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 15 March 2022.

Questions about 2409, Noura Tower

What did unit 2409 last sell for?

AED 1,518,347 on 15 March 2022, sold by the developer: AED 1,109 per sqft for 1,368 sqft. It is the only registered sale of the unit.

What is the rent for unit 2409?

AED 110,000 a year on the contract renewed on 28 October 2020. The previous contract, from October 2019, was AED 110,000; the unit has been rented since October 2018.

How big is unit 2409?

1,368 sqft (127.1 sqm): a two-bedroom apartment on the 24th floor of a 68-storey tower completed in 2022.

What is unit 2409 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 2409, Noura Tower

Starts from the last sale price (AED 1.52M, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,347
Deposit, UAE resident (20%)
AED 303,669
Deposit, non-resident (40%)
AED 607,339
Monthly over 25 years at 3.7%
AED 6,212

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