2-bed · 1,358 sqftNoura Tower, Business Bay · 38th floor · completed 2022

3811, Noura Tower

Sold prices and rental history: sold twice, last in February 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3811 · DLD and Ejari recordsUpdated 22 February 2023
Last soldAED 2.08M22 February 2023
Current rentAED 110K /yr21 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3811, Noura Tower

What is 3811 worth today?

Last sold for AED 2,080,000 in 2023

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22 Feb 2023SoldReady
AED 2,080,000AED 1,531 per sqft
18 Nov 2021Sold by developerReady
AED 1,507,835AED 1,109 per sqft
21 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
31 Jan 2020RentedRenewal
AED 75,000/yr12 months · AED 55 per sqft
31 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 22 February 2023.

Key facts

Type
2-bed apartment
Size
1,358 sqft
Floor
38th of 68
Parking
L4-279
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.08M · February 2023
Building
Noura Tower

About 3811, Noura Tower

3811 is a two-bedroom apartment of 1,358 sqft on the 38th 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 22 February 2023 for AED 2,080,000, or AED 1,531 per sqft, 22% above the AED 1,257 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 21 December 2020, is AED 110,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 3811 over time

Sales
Unit 3811, 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, November 2021: AED 1,507,835 (AED 1,109 per sqft)Sold, February 2023: AED 2,080,000 (AED 1,531 per sqft)

3811 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3811, 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, January 2019: AED 75,000 a yearRenewal, January 2020: AED 75,000 a yearNew contract, December 2020: AED 110,000 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 3811 sits

All 276 2-beds →

3811 last sold in February 2023 at AED 1,531 per sqft, 22% above what two-beds in Noura Tower were fetching at the time (AED 1,257). 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. 3811's AED 110,000 is in the lower 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 38th floor

All 544 units in Noura Tower
Value
38012-bedAED 2.5M · Aug 2024
38022-bedAED 2.4M · Jul 2025
38031-bedAED 1.13M · Nov 2020
38042-bedAED 2.34M · Sep 2023
38051-bedAED 1.22M · Jan 2021
38061-bedAED 1.4M · Jul 2022
38071-bedAED 1.65M · Oct 2019
1–7 of 10

3811, Noura Tower in numbers

  • Sold twice: first on 18 November 2021 for AED 1,507,835, last on 22 February 2023 for AED 2,080,000 (AED 1,531 per sqft).
  • Rented since January 2019 on 3 Ejari contracts, from AED 75,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 21,100 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 22 February 2023.

Questions about 3811, Noura Tower

What did unit 3811 last sell for?

AED 2,080,000 on 22 February 2023: AED 1,531 per sqft for 1,358 sqft. The unit has 2 registered sales; the first was AED 1,507,835 in November 2021.

What is the rent for unit 3811?

AED 110,000 a year on the contract signed on 21 December 2020. The previous contract, from January 2020, was AED 75,000; the unit has been rented since January 2019.

How big is unit 3811?

1,358 sqft (126.2 sqm): a two-bedroom apartment on the 38th floor of a 68-storey tower completed in 2022.

What is unit 3811 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 3811, Noura Tower

Starts from the last sale price (AED 2.08M, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,080,000
Deposit, UAE resident (20%)
AED 416,000
Deposit, non-resident (40%)
AED 832,000
Monthly over 25 years at 3.7%
AED 8,510

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