1-bed · 1,034 sqftNoura Tower, Business Bay · 40th floor · completed 2022

4006, Noura Tower

Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4006 · DLD and Ejari recordsUpdated 16 December 2020
Last soldAED 1.29M16 December 2020
Current rentAED 75K /yr28 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4006, Noura Tower

What is 4006 worth today?

Last sold for AED 1,292,750 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Dec 2020Sold by developerReady
AED 1,292,750AED 1,249 per sqft
28 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
15 Feb 2020RentedRenewal
AED 90,000/yr2 months · AED 87 per sqft
15 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 16 December 2020.

Key facts

Type
1-bed apartment
Size
1,034 sqft
Floor
40th of 68
Parking
L5-184
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 16,100 /yr
Last sold
AED 1.29M · December 2020
Building
Noura Tower

About 4006, Noura Tower

4006 is a one-bedroom apartment of 1,034 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 16 December 2020 for AED 1,292,750, or AED 1,249 per sqft, 5% below the AED 1,312 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 28 July 2020, is AED 75,000 a year: a gross yield of 5.8% on the 2020 price, before the service charge of about AED 16,100 a year.

Sales and rents for 4006 over time

Sales
Unit 4006, 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 2020: AED 1,292,750 (AED 1,249 per sqft)

4006 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4006, 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, February 2019: AED 90,000 a yearRenewal, February 2020: AED 90,000 a yearNew contract, July 2020: AED 75,000 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 4006 sits

All 168 1-beds →

4006 last sold in December 2020 at AED 1,249 per sqft, 5% below what one-beds in Noura Tower were fetching at the time (AED 1,312). 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. 4006's AED 75,000 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
40051-bedAED 1.6M · Dec 2019
40071-bedAED 1.22M · Nov 2020
40081-bedAED 1.01M · Nov 2020
1–7 of 10

4006, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 16 December 2020 for AED 1,292,750, or AED 1,249 per sqft.
  • Rented since February 2019 on 3 Ejari contracts, from AED 90,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 5.8%, 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 16 December 2020.

Questions about 4006, Noura Tower

What did unit 4006 last sell for?

AED 1,292,750 on 16 December 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 4006?

AED 75,000 a year on the contract signed on 28 July 2020. The previous contract, from February 2020, was AED 90,000; the unit has been rented since February 2019.

How big is unit 4006?

1,034 sqft (96.1 sqm): a one-bedroom apartment on the 40th floor of a 68-storey tower completed in 2022.

What is unit 4006 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.

Selling 4006? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4006, Noura Tower

Starts from the last sale price (AED 1.29M, 16 December 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 →