1-bed · 872 sqftNoura Tower, Business Bay · 40th floor · completed 2022

4005, Noura Tower

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4005 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.6M22 December 2019
Current rentAED 95K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4005, Noura Tower

What is 4005 worth today?

Last sold for AED 1,600,000 in 2019

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1 Feb 2024RentedRenewal
AED 95,000/yr12 months · AED 109 per sqft
1 Feb 2023RentedRenewal
AED 88,000/yr12 months · AED 101 per sqft
1 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft
14 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft
18 Jul 2020RentedNew contract
AED 68,000/yr12 months · AED 78 per sqft
22 Dec 2019Sold by developerReady
AED 1,600,000AED 1,834 per sqft
2 Apr 2019RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
872 sqft
Floor
40th of 68
Parking
L5-230
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 1.6M · December 2019
Building
Noura Tower

About 4005, Noura Tower

4005 is a one-bedroom apartment of 872 sqft on the 40th 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 22 December 2019 for AED 1,600,000, or AED 1,834 per sqft, in line with the AED 1,806 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 95,000 a year: a gross yield of 5.9% on the 2019 price, before the service charge of about AED 13,500 a year.

Sales and rents for 4005 over time

Sales
Unit 4005, 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, December 2019: AED 1,600,000 (AED 1,834 per sqft)

4005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4005, 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, April 2019: AED 85,000 a yearNew contract, July 2020: AED 68,000 a yearNew contract, September 2021: AED 70,000 a yearNew contract, February 2022: AED 80,000 a yearRenewal, February 2023: AED 88,000 a yearRenewal, February 2024: AED 95,000 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 4005 sits

All 168 1-beds →

4005 last sold in December 2019 at AED 1,834 per sqft, in line with what one-beds in Noura Tower were fetching at the time (AED 1,806). 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. 4005's AED 95,000 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 40th floor

All 544 units in Noura Tower
Value
40012-bedAED 1.8M · Jan 2021
40022-bedAED 1.52M · Nov 2021
40031-bedAED 2M · Feb 2026
40042-bedAED 3.97M · May 2017
40061-bedAED 1.29M · Dec 2020
40071-bedAED 1.22M · Nov 2020
40081-bedAED 1.01M · Nov 2020
1–7 of 10

4005, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 22 December 2019 for AED 1,600,000, or AED 1,834 per sqft.
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 68,000 in 2020 and recovered to AED 95,000 by February 2024.
  • At AED 95,000 a year the gross yield on the 2019 price is 5.9%, before a service charge of about AED 13,500 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 1 February 2024.

Questions about 4005, Noura Tower

What did unit 4005 last sell for?

AED 1,600,000 on 22 December 2019, sold by the developer: AED 1,834 per sqft for 872 sqft. It is the only registered sale of the unit.

What is the rent for unit 4005?

AED 95,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 88,000; the unit has been rented since April 2019.

How big is unit 4005?

872 sqft (81.0 sqm): a one-bedroom apartment on the 40th floor of a 68-storey tower completed in 2022.

What is unit 4005 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 4005, Noura Tower

Starts from the last sale price (AED 1.6M, 22 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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