1-bed · 973 sqftNoura Tower, Business Bay · 29th floor · completed 2022

2907, Noura Tower

Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2907 · DLD and Ejari recordsUpdated 18 May 2022
Last soldAED 1.95M11 June 2017
Current rentAED 73K /yr18 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2907, Noura Tower

What is 2907 worth today?

Last sold for AED 1,953,235 in 2017

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18 May 2022RentedRenewal
AED 72,516/yr13 months · AED 75 per sqft
18 May 2021RentedNew contract
AED 77,000/yr12 months · AED 79 per sqft
10 Jun 2019RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
11 Jun 2017Sold by developerOff-plan
AED 1,953,235AED 2,007 per sqft

Source: Dubai Land Department. Updated 18 May 2022.

Key facts

Type
1-bed apartment
Size
973 sqft
Floor
29th of 68
Parking
L2-318
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 15,100 /yr
Last sold
AED 1.95M · June 2017
Building
Noura Tower

About 2907, Noura Tower

2907 is a one-bedroom apartment of 973 sqft on the 29th 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 11 June 2017 for AED 1,953,235, or AED 2,007 per sqft, 11% below the AED 2,252 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 18 May 2022, is AED 72,516 a year: a gross yield of 3.7% on the 2017 price, before the service charge of about AED 15,100 a year.

Sales and rents for 2907 over time

Sales
Unit 2907, each saleTypical one-bed in Noura Tower
1.5M2M2016201920222025Typical 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, June 2017: AED 1,953,235 (AED 2,007 per sqft)

2907 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2907, 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, June 2019: AED 85,000 a yearNew contract, May 2021: AED 77,000 a yearRenewal, May 2022: AED 72,516 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 2907 sits

All 168 1-beds →

2907 last sold in June 2017 at AED 2,007 per sqft, 11% below what one-beds in Noura Tower were fetching at the time (AED 2,252). 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. 2907's AED 72,516 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 29th floor

All 544 units in Noura Tower
Value
29012-bedAED 2.3M · Oct 2024
29022-bedAED 1.89M · Jul 2026
29031-bedAED 1.75M · Jan 2019
29042-bedAED 2.97M · Jan 2020
29051-bedAED 2.18M · Mar 2018
29061-bedAED 2.54M · Mar 2018
29081-bedAED 1.91M · Oct 2016
1–7 of 10

2907, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 11 June 2017 for AED 1,953,235, or AED 2,007 per sqft.
  • Rented since June 2019 on 3 Ejari contracts, from AED 85,000 to AED 72,516 a year.
  • At AED 72,516 a year the gross yield on the 2017 price is 3.7%, 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 18 May 2022.

Questions about 2907, Noura Tower

What did unit 2907 last sell for?

AED 1,953,235 on 11 June 2017, sold by the developer: AED 2,007 per sqft for 973 sqft. It is the only registered sale of the unit.

What is the rent for unit 2907?

AED 72,516 a year on the contract renewed on 18 May 2022. The previous contract, from May 2021, was AED 77,000; the unit has been rented since June 2019.

How big is unit 2907?

973 sqft (90.4 sqm): a one-bedroom apartment on the 29th floor of a 68-storey tower completed in 2022.

What is unit 2907 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 2907, Noura Tower

Starts from the last sale price (AED 1.95M, 11 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,953,235
Deposit, UAE resident (20%)
AED 390,647
Deposit, non-resident (40%)
AED 781,294
Monthly over 25 years at 3.7%
AED 7,991

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