2-bed · 1,368 sqftNoura Tower, Business Bay · 28th floor · completed 2022

2802, Noura Tower

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 3.25M27 June 2016
Current rentAED 85K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, Noura Tower

What is 2802 worth today?

Last sold for AED 3,245,214 in 2016

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1 Aug 2023RentedRenewal
AED 85,087/yr12 months · AED 62 per sqft
1 Aug 2022RentedRenewal
AED 82,000/yr12 months · AED 60 per sqft
1 Aug 2021RentedRenewal
AED 75,000/yr12 months · AED 55 per sqft
1 Aug 2020RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft
27 Jun 2016Sold by developerOff-plan
AED 3,245,214AED 2,372 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
2-bed apartment
Size
1,368 sqft
Floor
28th of 68
Parking
B-473
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,200 /yr
Last sold
AED 3.25M · June 2016
Building
Noura Tower

About 2802, Noura Tower

2802 is a two-bedroom apartment of 1,368 sqft on the 28th 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 27 June 2016 for AED 3,245,214, or AED 2,372 per sqft, in line with the AED 2,421 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 85,087 a year: a gross yield of 2.6% on the 2016 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2802 over time

Sales
Unit 2802, 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, June 2016: AED 3,245,214 (AED 2,372 per sqft)

2802 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2802, 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, August 2020: AED 75,000 a yearRenewal, August 2021: AED 75,000 a yearRenewal, August 2022: AED 82,000 a yearRenewal, August 2023: AED 85,087 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 2802 sits

All 276 2-beds →

2802 last sold in June 2016 at AED 2,372 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 2,421). 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. 2802's AED 85,087 is at the bottom 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 28th floor

All 544 units in Noura Tower
Value
28012-bedAED 1.89M · Mar 2021
28031-bedAED 1.98M · Aug 2016
28042-bedAED 3.78M · Jun 2016
28051-bedAED 2.16M · Jun 2016
28061-bedAED 2.53M · Jul 2016
28071-bedAED 2.31M · Aug 2016
28081-bedAED 1.6M · Jun 2024
1–7 of 10

2802, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 27 June 2016 for AED 3,245,214, or AED 2,372 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 75,000 to AED 85,087 a year.
  • At AED 85,087 a year the gross yield on the 2016 price is 2.6%, 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 1 August 2023.

Questions about 2802, Noura Tower

What did unit 2802 last sell for?

AED 3,245,214 on 27 June 2016, sold by the developer: AED 2,372 per sqft for 1,368 sqft. It is the only registered sale of the unit.

What is the rent for unit 2802?

AED 85,087 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 82,000; the unit has been rented since August 2020.

How big is unit 2802?

1,368 sqft (127.1 sqm): a two-bedroom apartment on the 28th floor of a 68-storey tower completed in 2022.

What is unit 2802 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 2802, Noura Tower

Starts from the last sale price (AED 3.25M, 27 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,245,214
Deposit, UAE resident (20%)
AED 649,043
Deposit, non-resident (40%)
AED 1,298,086
Monthly over 25 years at 3.7%
AED 13,277

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