2-bed · 1,368 sqftNoura Tower, Business Bay · 26th floor · completed 2022

2602, Noura Tower

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 19 September 2023
Last soldAED 2.2M19 September 2023
Current rentAED 120K /yr26 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Noura Tower

What is 2602 worth today?

Last sold for AED 2,200,000 in 2023

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19 Sep 2023SoldReady
AED 2,200,000AED 1,608 per sqft
26 Jul 2022RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
1 Jun 2021RentedNew contract
AED 87,000/yr12 months · AED 64 per sqft
25 Apr 2021Sold by developerReady
AED 1,573,062AED 1,149 per sqft
12 Nov 2019RentedRenewal
AED 95,000/yr12 months · AED 69 per sqft
12 Mar 2019RentedNew contract
AED 95,000/yr8 months · AED 69 per sqft
12 Nov 2018RentedNew contract
AED 95,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 19 September 2023.

Key facts

Type
2-bed apartment
Size
1,368 sqft
Floor
26th of 68
Parking
B-292
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,200 /yr
Last sold
AED 2.2M · September 2023
Building
Noura Tower

About 2602, Noura Tower

2602 is a two-bedroom apartment of 1,368 sqft on the 26th floor of Noura Tower, a 68-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. It last sold on 19 September 2023 for AED 2,200,000, or AED 1,608 per sqft, 7% above the AED 1,500 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 26 July 2022, is AED 120,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, 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, April 2021: AED 1,573,062 (AED 1,149 per sqft)Sold, September 2023: AED 2,200,000 (AED 1,608 per sqft)

2602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2602, 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, November 2018: AED 95,000 a yearNew contract, March 2019: AED 95,000 a yearRenewal, November 2019: AED 95,000 a yearNew contract, June 2021: AED 87,000 a yearNew contract, July 2022: AED 120,000 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 2602 sits

All 276 2-beds →

2602 last sold in September 2023 at AED 1,608 per sqft, 7% above what two-beds in Noura Tower were fetching at the time (AED 1,500). 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. 2602's AED 120,000 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 26th floor

All 544 units in Noura Tower
Value
26012-bedAED 2.4M · Sep 2023
26031-bedAED 1.53M · Mar 2026
26042-bedAED 3.73M · Jun 2016
26051-bedAED 2.14M · Aug 2017
26061-bedAED 2.5M · Nov 2016
26071-bedAED 2.3M · Nov 2016
26081-bedAED 1.69M · Mar 2025
1–7 of 10

2602, Noura Tower in numbers

  • Sold twice: first on 25 April 2021 for AED 1,573,062, last on 19 September 2023 for AED 2,200,000 (AED 1,608 per sqft).
  • Rented since November 2018 on 5 Ejari contracts, from AED 95,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 5.5%, 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 19 September 2023.

Questions about 2602, Noura Tower

What did unit 2602 last sell for?

AED 2,200,000 on 19 September 2023: AED 1,608 per sqft for 1,368 sqft. The unit has 2 registered sales; the first was AED 1,573,062 in April 2021.

What is the rent for unit 2602?

AED 120,000 a year on the contract signed on 26 July 2022. The previous contract, from June 2021, was AED 87,000; the unit has been rented since November 2018.

How big is unit 2602?

1,368 sqft (127.1 sqm): a two-bedroom apartment on the 26th floor of a 68-storey tower completed in 2022.

What is unit 2602 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 2602, Noura Tower

Starts from the last sale price (AED 2.2M, 19 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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