1-bed · 973 sqftNoura Tower, Business Bay · 28th floor · completed 2022

2807, Noura Tower

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2807 · DLD and Ejari recordsUpdated 2 January 2023
Last soldAED 2.31M22 August 2016
Current rentAED 80K /yr2 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2807, Noura Tower

What is 2807 worth today?

Last sold for AED 2,310,775 in 2016

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2 Jan 2023RentedRenewal
AED 80,216/yr12 months · AED 83 per sqft
2 Jan 2022RentedRenewal
AED 68,000/yr12 months · AED 70 per sqft
2 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 67 per sqft
22 Aug 2016Sold by developerOff-plan
AED 2,310,775AED 2,374 per sqft

Source: Dubai Land Department. Updated 2 January 2023.

Key facts

Type
1-bed apartment
Size
973 sqft
Floor
28th of 68
Parking
L4-166
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 15,100 /yr
Last sold
AED 2.31M · August 2016
Building
Noura Tower

About 2807, Noura Tower

2807 is a one-bedroom apartment of 973 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 22 August 2016 for AED 2,310,775, or AED 2,374 per sqft, 3% above the AED 2,301 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 2 January 2023, is AED 80,216 a year: a gross yield of 3.5% on the 2016 price, before the service charge of about AED 15,100 a year.

Sales and rents for 2807 over time

Sales
Unit 2807, 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, August 2016: AED 2,310,775 (AED 2,374 per sqft)

2807 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2807, 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, January 2021: AED 65,000 a yearRenewal, January 2022: AED 68,000 a yearRenewal, January 2023: AED 80,216 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 2807 sits

All 168 1-beds →

2807 last sold in August 2016 at AED 2,374 per sqft, 3% above what one-beds in Noura Tower were fetching at the time (AED 2,301). 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. 2807's AED 80,216 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 28th floor

All 544 units in Noura Tower
Value
28012-bedAED 1.89M · Mar 2021
28022-bedAED 3.25M · Jun 2016
28031-bedAED 1.98M · Aug 2016
28042-bedAED 3.78M · Jun 2016
28051-bedAED 2.16M · Jun 2016
28061-bedAED 2.53M · Jul 2016
28081-bedAED 1.6M · Jun 2024
1–7 of 10

2807, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 22 August 2016 for AED 2,310,775, or AED 2,374 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 65,000 to AED 80,216 a year.
  • At AED 80,216 a year the gross yield on the 2016 price is 3.5%, before a service charge of about AED 15,100 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 2 January 2023.

Questions about 2807, Noura Tower

What did unit 2807 last sell for?

AED 2,310,775 on 22 August 2016, sold by the developer: AED 2,374 per sqft for 973 sqft. It is the only registered sale of the unit.

What is the rent for unit 2807?

AED 80,216 a year on the contract renewed on 2 January 2023. The previous contract, from January 2022, was AED 68,000; the unit has been rented since January 2021.

How big is unit 2807?

973 sqft (90.4 sqm): a one-bedroom apartment on the 28th floor of a 68-storey tower completed in 2022.

What is unit 2807 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 2807, Noura Tower

Starts from the last sale price (AED 2.31M, 22 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,310,775
Deposit, UAE resident (20%)
AED 462,155
Deposit, non-resident (40%)
AED 924,310
Monthly over 25 years at 3.7%
AED 9,454

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