2-bed · 1,358 sqftNoura Tower, Business Bay · 28th floor · completed 2022

2811, Noura Tower

Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2811 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 2.4M30 April 2024
Current rentAED 115K /yr13 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2811, Noura Tower

What is 2811 worth today?

Last sold for AED 2,400,000 in 2024

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30 Apr 2024SoldReady
AED 2,400,000AED 1,766 per sqft
9 Nov 2022SoldReady
AED 1,850,000AED 1,361 per sqft
27 Jan 2021Sold by developerReady
AED 1,698,013AED 1,249 per sqft
13 Sep 2020RentedRenewal
AED 115,000/yr12 months · AED 85 per sqft
13 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
18 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
2-bed apartment
Size
1,358 sqft
Floor
28th of 68
Parking
L4-286
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.4M · April 2024
Building
Noura Tower

About 2811, Noura Tower

2811 is a two-bedroom apartment of 1,358 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. It last sold on 30 April 2024 for AED 2,400,000, or AED 1,766 per sqft, 11% above the AED 1,588 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 13 September 2020, is AED 115,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 21,100 a year.

Sales and rents for 2811 over time

Sales
Unit 2811, 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, January 2021: AED 1,698,013 (AED 1,249 per sqft)Sold, November 2022: AED 1,850,000 (AED 1,361 per sqft)Sold, April 2024: AED 2,400,000 (AED 1,766 per sqft)

2811 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2811, 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 90,000 a yearNew contract, September 2019: AED 115,000 a yearRenewal, September 2020: AED 115,000 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 2811 sits

All 276 2-beds →

2811 last sold in April 2024 at AED 1,766 per sqft, 11% above what two-beds in Noura Tower were fetching at the time (AED 1,588). 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. 2811's AED 115,000 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 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
28071-bedAED 2.31M · Aug 2016
1–7 of 10

2811, Noura Tower in numbers

  • Sold 3 times: first on 27 January 2021 for AED 1,698,013, last on 30 April 2024 for AED 2,400,000 (AED 1,766 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 90,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 21,100 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 30 April 2024.

Questions about 2811, Noura Tower

What did unit 2811 last sell for?

AED 2,400,000 on 30 April 2024: AED 1,766 per sqft for 1,358 sqft. The unit has 3 registered sales; the first was AED 1,698,013 in January 2021.

What is the rent for unit 2811?

AED 115,000 a year on the contract renewed on 13 September 2020. The previous contract, from September 2019, was AED 115,000; the unit has been rented since October 2018.

How big is unit 2811?

1,358 sqft (126.2 sqm): a two-bedroom apartment on the 28th floor of a 68-storey tower completed in 2022.

What is unit 2811 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 2811, Noura Tower

Starts from the last sale price (AED 2.4M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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