2-bed · 1,368 sqftNoura Tower, Business Bay · 36th floor · completed 2022

3602, Noura Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 19 October 2023
Last soldAED 2.45M17 October 2023
Current rentAED 150K /yr19 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Noura Tower

What is 3602 worth today?

Last sold for AED 2,450,000 in 2023

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19 Oct 2023RentedNew contract
AED 150,000/yr12 months · AED 110 per sqft
17 Oct 2023SoldReady
AED 2,450,000AED 1,791 per sqft
7 Mar 2022Sold by developerReady
AED 1,518,347AED 1,109 per sqft
18 Nov 2020RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
18 Nov 2019RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
18 Nov 2018RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 19 October 2023.

Key facts

Type
2-bed apartment
Size
1,368 sqft
Floor
36th of 68
Parking
L2-316
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,200 /yr
Last sold
AED 2.45M · October 2023
Building
Noura Tower

About 3602, Noura Tower

3602 is a two-bedroom apartment of 1,368 sqft on the 36th floor of Noura Tower, a 68-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. It last sold on 17 October 2023 for AED 2,450,000, or AED 1,791 per sqft, 15% above the AED 1,563 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 19 October 2023, is AED 150,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3602 over time

Sales
Unit 3602, 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 2022: AED 1,518,347 (AED 1,109 per sqft)Sold, October 2023: AED 2,450,000 (AED 1,791 per sqft)

3602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3602, 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, November 2018: AED 110,000 a yearRenewal, November 2019: AED 110,000 a yearRenewal, November 2020: AED 110,000 a yearNew contract, October 2023: AED 150,000 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 3602 sits

All 276 2-beds →

3602 last sold in October 2023 at AED 1,791 per sqft, 15% above what two-beds in Noura Tower were fetching at the time (AED 1,563). 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. 3602's AED 150,000 is in the upper half 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 36th floor

All 544 units in Noura Tower
Value
36012-bedAED 2.5M · Mar 2024
36031-bedAED 2M · Mar 2024
36042-bedAED 1.81M · Oct 2020
36051-bedAED 1.16M · Sep 2020
36061-bedAED 1.75M · Sep 2020
36071-bedAED 1.2M · Feb 2021
36081-bedAED 1M · Jan 2021
1–7 of 10

3602, Noura Tower in numbers

  • Sold twice: first on 7 March 2022 for AED 1,518,347, last on 17 October 2023 for AED 2,450,000 (AED 1,791 per sqft).
  • Rented since November 2018 on 4 Ejari contracts, from AED 110,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 21,200 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 19 October 2023.

Questions about 3602, Noura Tower

What did unit 3602 last sell for?

AED 2,450,000 on 17 October 2023: AED 1,791 per sqft for 1,368 sqft. The unit has 2 registered sales; the first was AED 1,518,347 in March 2022.

What is the rent for unit 3602?

AED 150,000 a year on the contract signed on 19 October 2023. The previous contract, from November 2020, was AED 110,000; the unit has been rented since November 2018.

How big is unit 3602?

1,368 sqft (127.1 sqm): a two-bedroom apartment on the 36th floor of a 68-storey tower completed in 2022.

What is unit 3602 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 3602, Noura Tower

Starts from the last sale price (AED 2.45M, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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