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1-bed · 872 sqftNoura Tower, Business Bay · 30th floor · completed 2022

3005, Noura Tower

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

Unit 3005 · DLD and Ejari recordsUpdated 10 February 2019
Last soldAED 2.19M20 March 2017
Current rentAED 80K /yr10 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3005, Noura Tower

What is 3005 worth today?

Last sold for AED 2,188,196 in 2017

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10 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft
20 Mar 2017Sold by developerOff-plan
AED 2,188,196AED 2,508 per sqft

Source: Dubai Land Department. Updated 10 February 2019.

Key facts

Type
1-bed apartment
Size
872 sqft
Floor
30th of 68
Parking
L4-282
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 2.19M · March 2017
Building
Noura Tower

About 3005, Noura Tower

3005 is a one-bedroom apartment of 872 sqft on the 30th 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 20 March 2017 for AED 2,188,196, or AED 2,508 per sqft, 10% above the AED 2,278 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 February 2019. The current contract, signed on 10 February 2019, is AED 80,000 a year: a gross yield of 3.7% on the 2017 price, before the service charge of about AED 13,500 a year.

Sales and rents for 3005 over time

Sales
Unit 3005, each saleTypical one-bed in Noura Tower
1M1.5M2M2016201920222025Typical 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, March 2017: AED 2,188,196 (AED 2,508 per sqft)

3005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3005, 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, February 2019: AED 80,000 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 3005 sits

All 168 1-beds →

3005 last sold in March 2017 at AED 2,508 per sqft, 10% above what one-beds in Noura Tower were fetching at the time (AED 2,278). 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. 3005's AED 80,000 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 30th floor

All 544 units in Noura Tower
Value
30012-bedAED 1.81M · Dec 2020
30022-bedAED 1.9M · Mar 2019
30031-bedAED 1.05M · Nov 2020
30042-bedAED 3.06M · Dec 2018
30061-bedAED 1.9M · Dec 2024
30071-bedAED 1.58M · Jan 2019
30081-bedAED 1M · Aug 2019
1–7 of 10

3005, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 20 March 2017 for AED 2,188,196, or AED 2,508 per sqft.
  • Rented since February 2019 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 3.7%, before a service charge of about AED 13,500 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 10 February 2019.

Questions about 3005, Noura Tower

What did unit 3005 last sell for?

AED 2,188,196 on 20 March 2017, sold by the developer: AED 2,508 per sqft for 872 sqft. It is the only registered sale of the unit.

What is the rent for unit 3005?

AED 80,000 a year on the contract signed on 10 February 2019.

How big is unit 3005?

872 sqft (81.0 sqm): a one-bedroom apartment on the 30th floor of a 68-storey tower completed in 2022.

What is unit 3005 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 3005, Noura Tower

Starts from the last sale price (AED 2.19M, 20 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,188,196
Deposit, UAE resident (20%)
AED 437,639
Deposit, non-resident (40%)
AED 875,278
Monthly over 25 years at 3.7%
AED 8,953

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