1-bed · 810 sqftNoura Tower, Business Bay · 29th floor · completed 2022

2908, Noura Tower

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2908 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 1.91M12 October 2016
Current rentAED 70K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, Noura Tower

What is 2908 worth today?

Last sold for AED 1,910,317 in 2016

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1 Oct 2022RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
1 Oct 2021RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
1 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
4 Mar 2019RentedNew contract
AED 80,000/yr13 months · AED 99 per sqft
12 Oct 2016Sold by developerOff-plan
AED 1,910,317AED 2,359 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
29th of 68
Parking
L4-178
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 12,600 /yr
Last sold
AED 1.91M · October 2016
Building
Noura Tower

About 2908, Noura Tower

2908 is a one-bedroom apartment of 810 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 12 October 2016 for AED 1,910,317, or AED 2,359 per sqft, 4% above the AED 2,260 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 70,000 a year: a gross yield of 3.7% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2908 over time

Sales
Unit 2908, 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, October 2016: AED 1,910,317 (AED 2,359 per sqft)

2908 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2908, 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, March 2019: AED 80,000 a yearNew contract, October 2020: AED 70,000 a yearRenewal, October 2021: AED 70,000 a yearRenewal, October 2022: AED 70,000 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 2908 sits

All 168 1-beds →

2908 last sold in October 2016 at AED 2,359 per sqft, 4% above what one-beds in Noura Tower were fetching at the time (AED 2,260). 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. 2908's AED 70,000 is at the bottom 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
29071-bedAED 1.95M · Jun 2017
1–7 of 10

2908, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 12 October 2016 for AED 1,910,317, or AED 2,359 per sqft.
  • Rented since March 2019 on 4 Ejari contracts, from AED 80,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2016 price is 3.7%, before a service charge of about AED 12,600 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 1 October 2022.

Questions about 2908, Noura Tower

What did unit 2908 last sell for?

AED 1,910,317 on 12 October 2016, sold by the developer: AED 2,359 per sqft for 810 sqft. It is the only registered sale of the unit.

What is the rent for unit 2908?

AED 70,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 70,000; the unit has been rented since March 2019.

How big is unit 2908?

810 sqft (75.3 sqm): a one-bedroom apartment on the 29th floor of a 68-storey tower completed in 2022.

What is unit 2908 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 2908, Noura Tower

Starts from the last sale price (AED 1.91M, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,910,317
Deposit, UAE resident (20%)
AED 382,063
Deposit, non-resident (40%)
AED 764,127
Monthly over 25 years at 3.7%
AED 7,816

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