1-bed · 872 sqftNoura Tower, Business Bay · 32nd floor · completed 2022

3205, Noura Tower

Sold prices and rental history: sold once, by the developer in May 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3205 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 1.73M31 May 2020
Current rentAED 80K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3205, Noura Tower

What is 3205 worth today?

Last sold for AED 1,725,000 in 2020

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1 Aug 2022RentedRenewal
AED 80,000/yr12 months · AED 92 per sqft
1 Aug 2021RentedRenewal
AED 67,500/yr12 months · AED 77 per sqft
1 Aug 2020RentedNew contract
AED 67,500/yr12 months · AED 77 per sqft
31 May 2020Sold by developerReady
AED 1,725,000AED 1,977 per sqft
15 Jul 2019RentedRenewal
AED 92,400/yr12 months · AED 106 per sqft
4 Sep 2018RentedNew contract
AED 92,400/yr10 months · AED 106 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
1-bed apartment
Size
872 sqft
Floor
32nd of 68
Parking
L2-168
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 1.73M · May 2020
Building
Noura Tower

About 3205, Noura Tower

3205 is a one-bedroom apartment of 872 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 31 May 2020 for AED 1,725,000, or AED 1,977 per sqft, 10% above the AED 1,805 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 80,000 a year: a gross yield of 4.6% on the 2020 price, before the service charge of about AED 13,500 a year.

Sales and rents for 3205 over time

Sales
Unit 3205, 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, May 2020: AED 1,725,000 (AED 1,977 per sqft)

3205 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3205, 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, September 2018: AED 92,400 a yearRenewal, July 2019: AED 92,400 a yearNew contract, August 2020: AED 67,500 a yearRenewal, August 2021: AED 67,500 a yearRenewal, August 2022: 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 3205 sits

All 168 1-beds →

3205 last sold in May 2020 at AED 1,977 per sqft, 10% above what one-beds in Noura Tower were fetching at the time (AED 1,805). 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. 3205'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 32nd floor

All 544 units in Noura Tower
Value
32012-bedAED 1.89M · Mar 2021
32022-bedAED 2.75M · Apr 2026
32031-bedAED 1.55M · Aug 2026
32042-bedAED 1.89M · Dec 2020
32061-bedAED 2.54M · Jul 2020
32071-bedAED 1.56M · Dec 2018
32081-bedAED 1.56M · Jan 2019
1–7 of 10

3205, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 31 May 2020 for AED 1,725,000, or AED 1,977 per sqft.
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 92,400 to AED 67,500 in 2021 and recovered to AED 80,000 by August 2022.
  • At AED 80,000 a year the gross yield on the 2020 price is 4.6%, 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 1 August 2022.

Questions about 3205, Noura Tower

What did unit 3205 last sell for?

AED 1,725,000 on 31 May 2020, sold by the developer: AED 1,977 per sqft for 872 sqft. It is the only registered sale of the unit.

What is the rent for unit 3205?

AED 80,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 67,500; the unit has been rented since September 2018.

How big is unit 3205?

872 sqft (81.0 sqm): a one-bedroom apartment on the 32nd floor of a 68-storey tower completed in 2022.

What is unit 3205 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 3205, Noura Tower

Starts from the last sale price (AED 1.73M, 31 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

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