1-bed · 810 sqftNoura Tower, Business Bay · 36th floor · completed 2022

3603, Noura Tower

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3603 · DLD and Ejari recordsUpdated 8 March 2024
Last soldAED 2M8 March 2024
Current rentAED 70K /yr14 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3603, Noura Tower

What is 3603 worth today?

Last sold for AED 2,000,000 in 2024

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8 Mar 2024SoldReady
AED 2,000,000AED 2,469 per sqft
14 Jan 2023RentedRenewal
AED 69,812/yr12 months · AED 86 per sqft
14 Jan 2022RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
12 Jan 2022Sold by developerReady
AED 1,700,517AED 2,099 per sqft
15 Jul 2019RentedRenewal
AED 92,400/yr12 months · AED 114 per sqft
10 Sep 2018RentedNew contract
AED 92,400/yr10 months · AED 114 per sqft

Source: Dubai Land Department. Updated 8 March 2024.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
36th of 68
Parking
L3-241
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 12,600 /yr
Last sold
AED 2M · March 2024
Building
Noura Tower

About 3603, Noura Tower

3603 is a one-bedroom apartment of 810 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 8 March 2024 for AED 2,000,000, or AED 2,469 per sqft, 33% above the AED 1,852 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 14 January 2023, is AED 69,812 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 3603 over time

Sales
Unit 3603, 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, January 2022: AED 1,700,517 (AED 2,099 per sqft)Sold, March 2024: AED 2,000,000 (AED 2,469 per sqft)

3603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3603, 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, January 2022: AED 70,000 a yearRenewal, January 2023: AED 69,812 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 3603 sits

All 168 1-beds →

3603 last sold in March 2024 at AED 2,469 per sqft, 33% above what one-beds in Noura Tower were fetching at the time (AED 1,852). 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. 3603's AED 69,812 is at the bottom 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 36th floor

All 544 units in Noura Tower
Value
36012-bedAED 2.5M · Mar 2024
36022-bedAED 2.45M · Oct 2023
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

3603, Noura Tower in numbers

  • Sold twice: first on 12 January 2022 for AED 1,700,517, last on 8 March 2024 for AED 2,000,000 (AED 2,469 per sqft).
  • Rented since September 2018 on 4 Ejari contracts, from AED 92,400 to AED 69,812 a year.
  • At AED 69,812 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 12,600 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 8 March 2024.

Questions about 3603, Noura Tower

What did unit 3603 last sell for?

AED 2,000,000 on 8 March 2024: AED 2,469 per sqft for 810 sqft. The unit has 2 registered sales; the first was AED 1,700,517 in January 2022.

What is the rent for unit 3603?

AED 69,812 a year on the contract renewed on 14 January 2023. The previous contract, from January 2022, was AED 70,000; the unit has been rented since September 2018.

How big is unit 3603?

810 sqft (75.3 sqm): a one-bedroom apartment on the 36th floor of a 68-storey tower completed in 2022.

What is unit 3603 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 3603, Noura Tower

Starts from the last sale price (AED 2M, 8 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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