1-bed · 1,034 sqftNoura Tower, Business Bay · 37th floor · completed 2022

3706, Noura Tower

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

Unit 3706 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 1.29M9 September 2020
Current rentAED 150K /yr13 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3706, Noura Tower

What is 3706 worth today?

Last sold for AED 1,292,750 in 2020

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13 Jun 2024RentedRenewal
AED 150,000/yr12 months · AED 145 per sqft
13 Jun 2023RentedNew contract
AED 100,000/yr12 months · AED 97 per sqft
20 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 82 per sqft
24 Jan 2023RentedRenewal
AED 80,000/yr12 months · AED 77 per sqft
24 Oct 2022RentedNew contract
AED 60,000/yr3 months · AED 58 per sqft
9 Sep 2020Sold by developerReady
AED 1,292,750AED 1,249 per sqft
15 Jul 2019RentedNew contract
AED 92,400/yr12 months · AED 89 per sqft
6 Sep 2018RentedNew contract
AED 92,399/yr10 months · AED 89 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
1-bed apartment
Size
1,034 sqft
Floor
37th of 68
Parking
L3-197
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 16,100 /yr
Last sold
AED 1.29M · September 2020
Building
Noura Tower

About 3706, Noura Tower

3706 is a one-bedroom apartment of 1,034 sqft on the 37th 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 9 September 2020 for AED 1,292,750, or AED 1,249 per sqft, 28% below the AED 1,738 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 13 June 2024, is AED 150,000 a year: a gross yield of 11.6% on the 2020 price, before the service charge of about AED 16,100 a year.

Sales and rents for 3706 over time

Sales
Unit 3706, 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, September 2020: AED 1,292,750 (AED 1,249 per sqft)

3706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3706, each contractTypical one-bed in Noura Tower
50K100K150K2018202120242027Typical 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 92,399 a yearNew contract, July 2019: AED 92,400 a yearNew contract, October 2022: AED 60,000 a yearRenewal, January 2023: AED 80,000 a yearNew contract, March 2023: AED 85,000 a yearNew contract, June 2023: AED 100,000 a yearRenewal, June 2024: AED 150,000 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 3706 sits

All 168 1-beds →

3706 last sold in September 2020 at AED 1,249 per sqft, 28% below what one-beds in Noura Tower were fetching at the time (AED 1,738). 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. 3706's AED 150,000 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 37th floor

All 544 units in Noura Tower
Value
37012-bedAED 1.81M · Mar 2021
37022-bedAED 2.33M · Oct 2023
37031-bedAED 1.13M · Oct 2020
37042-bedAED 2.7M · Feb 2026
37051-bedAED 1.22M · Nov 2020
37071-bedAED 1.8M · Feb 2025
37081-bedAED 1.01M · Oct 2020
1–7 of 10

3706, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 9 September 2020 for AED 1,292,750, or AED 1,249 per sqft.
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 92,399 to AED 60,000 in 2022 and recovered to AED 150,000 by June 2024.
  • At AED 150,000 a year the gross yield on the 2020 price is 11.6%, before a service charge of about AED 16,100 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 13 June 2024.

Questions about 3706, Noura Tower

What did unit 3706 last sell for?

AED 1,292,750 on 9 September 2020, sold by the developer: AED 1,249 per sqft for 1,034 sqft. It is the only registered sale of the unit.

What is the rent for unit 3706?

AED 150,000 a year on the contract renewed on 13 June 2024. The previous contract, from June 2023, was AED 100,000; the unit has been rented since September 2018.

How big is unit 3706?

1,034 sqft (96.1 sqm): a one-bedroom apartment on the 37th floor of a 68-storey tower completed in 2022.

What is unit 3706 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 3706, Noura Tower

Starts from the last sale price (AED 1.29M, 9 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,292,750
Deposit, UAE resident (20%)
AED 258,550
Deposit, non-resident (40%)
AED 517,100
Monthly over 25 years at 3.7%
AED 5,289

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