2-bed · 1,511 sqftNoura Tower, Business Bay · 32nd floor · completed 2022

3201, Noura Tower

Sold prices and rental history: sold once, by the developer in March 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 2 March 2021
Last soldAED 1.89M2 March 2021
Current rentAED 92K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, Noura Tower

What is 3201 worth today?

Last sold for AED 1,889,063 in 2021

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2 Mar 2021Sold by developerReady
AED 1,889,063AED 1,249 per sqft
15 Jul 2020RentedRenewal
AED 92,400/yr12 months · AED 61 per sqft
6 Sep 2019RentedNew contract
AED 92,400/yr10 months · AED 61 per sqft

Source: Dubai Land Department. Updated 2 March 2021.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
32nd of 68
Parking
B-450
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 1.89M · March 2021
Building
Noura Tower

About 3201, Noura Tower

3201 is a two-bedroom apartment of 1,511 sqft on the 32nd 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 2 March 2021 for AED 1,889,063, or AED 1,249 per sqft, in line with the AED 1,249 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 July 2020, is AED 92,400 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 23,500 a year.

Sales and rents for 3201 over time

Sales
Unit 3201, 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, March 2021: AED 1,889,063 (AED 1,249 per sqft)

3201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, 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, September 2019: AED 92,400 a yearRenewal, July 2020: AED 92,400 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 3201 sits

All 276 2-beds →

3201 last sold in March 2021 at AED 1,249 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,249). 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. 3201's AED 92,400 is at the bottom 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 32nd floor

All 544 units in Noura Tower
Value
32022-bedAED 2.75M · Apr 2026
32031-bedAED 1.55M · Aug 2026
32042-bedAED 1.89M · Dec 2020
32051-bedAED 1.73M · May 2020
32061-bedAED 2.54M · Jul 2020
32071-bedAED 1.56M · Dec 2018
32081-bedAED 1.56M · Jan 2019
1–7 of 10

3201, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 2 March 2021 for AED 1,889,063, or AED 1,249 per sqft.
  • Rented since September 2019 on 2 Ejari contracts, at AED 92,400 a year.
  • At AED 92,400 a year the gross yield on the 2021 price is 4.9%, before a service charge of about AED 23,500 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 2 March 2021.

Questions about 3201, Noura Tower

What did unit 3201 last sell for?

AED 1,889,063 on 2 March 2021, sold by the developer: AED 1,249 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 3201?

AED 92,400 a year on the contract renewed on 15 July 2020. The previous contract, from September 2019, was AED 92,400.

How big is unit 3201?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 32nd floor of a 68-storey tower completed in 2022.

What is unit 3201 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 3201, Noura Tower

Starts from the last sale price (AED 1.89M, 2 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,889,063
Deposit, UAE resident (20%)
AED 377,813
Deposit, non-resident (40%)
AED 755,625
Monthly over 25 years at 3.7%
AED 7,729

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