1-bed · 973 sqftNoura Tower, Business Bay · 35th floor · completed 2022

3507, Noura Tower

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

Unit 3507 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 1.66M15 November 2018
Current rentAED 105K /yr21 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3507, Noura Tower

What is 3507 worth today?

Last sold for AED 1,656,344 in 2018

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21 Dec 2023RentedRenewal
AED 105,000/yr12 months · AED 108 per sqft
21 Dec 2022RentedNew contract
AED 95,000/yr12 months · AED 98 per sqft
21 Dec 2020RentedNew contract
AED 71,000/yr12 months · AED 73 per sqft
15 Nov 2018Sold by developerOff-plan
AED 1,656,344AED 1,702 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
1-bed apartment
Size
973 sqft
Floor
35th of 68
Parking
L4-179
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 15,100 /yr
Last sold
AED 1.66M · November 2018
Building
Noura Tower

About 3507, Noura Tower

3507 is a one-bedroom apartment of 973 sqft on the 35th 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 15 November 2018 for AED 1,656,344, or AED 1,702 per sqft, 18% below the AED 2,080 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 21 December 2023, is AED 105,000 a year: a gross yield of 6.3% on the 2018 price, before the service charge of about AED 15,100 a year.

Sales and rents for 3507 over time

Sales
Unit 3507, 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, November 2018: AED 1,656,344 (AED 1,702 per sqft)

3507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3507, 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, December 2020: AED 71,000 a yearNew contract, December 2022: AED 95,000 a yearRenewal, December 2023: AED 105,000 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 3507 sits

All 168 1-beds →

3507 last sold in November 2018 at AED 1,702 per sqft, 18% below what one-beds in Noura Tower were fetching at the time (AED 2,080). 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. 3507's AED 105,000 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 35th floor

All 544 units in Noura Tower
Value
35012-bedAED 2.3M · May 2023
35022-bedAED 1.52M · Feb 2022
35031-bedAED 1.7M · Aug 2022
35042-bedAED 258K · Jan 2024
35051-bedAED 1.09M · Dec 2020
35061-bedAED 1.75M · Oct 2019
35081-bedAED 1.05M · Feb 2021
1–7 of 10

3507, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 15 November 2018 for AED 1,656,344, or AED 1,702 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 71,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 6.3%, 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 21 December 2023.

Questions about 3507, Noura Tower

What did unit 3507 last sell for?

AED 1,656,344 on 15 November 2018, sold by the developer: AED 1,702 per sqft for 973 sqft. It is the only registered sale of the unit.

What is the rent for unit 3507?

AED 105,000 a year on the contract renewed on 21 December 2023. The previous contract, from December 2022, was AED 95,000; the unit has been rented since December 2020.

How big is unit 3507?

973 sqft (90.4 sqm): a one-bedroom apartment on the 35th floor of a 68-storey tower completed in 2022.

What is unit 3507 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 3507, Noura Tower

Starts from the last sale price (AED 1.66M, 15 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,656,344
Deposit, UAE resident (20%)
AED 331,269
Deposit, non-resident (40%)
AED 662,538
Monthly over 25 years at 3.7%
AED 6,777

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