2-bed · 1,368 sqftNoura Tower, Business Bay · 40th floor · completed 2022

4009, Noura Tower

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

Unit 4009 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 2.1M27 February 2020
Current rentAED 139K /yr25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4009, Noura Tower

What is 4009 worth today?

Last sold for AED 2,100,000 in 2020

Unlock today's estimate, updated daily, with

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

25 Jul 2024RentedNew contract
AED 139,251/yr12 months · AED 102 per sqft
1 Jul 2023RentedRenewal
AED 100,000/yr12 months · AED 73 per sqft
1 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 73 per sqft
1 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
27 Feb 2020Sold by developerReady
AED 2,100,000AED 1,535 per sqft
28 Dec 2019RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
28 Dec 2018RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
2-bed apartment
Size
1,368 sqft
Floor
40th of 68
Parking
L4-177
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,200 /yr
Last sold
AED 2.1M · February 2020
Building
Noura Tower

About 4009, Noura Tower

4009 is a two-bedroom apartment of 1,368 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 27 February 2020 for AED 2,100,000, or AED 1,535 per sqft, in line with the AED 1,545 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 July 2024, is AED 139,251 a year: a gross yield of 6.6% on the 2020 price, before the service charge of about AED 21,200 a year.

Sales and rents for 4009 over time

Sales
Unit 4009, 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, February 2020: AED 2,100,000 (AED 1,535 per sqft)

4009 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4009, 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, December 2018: AED 110,000 a yearRenewal, December 2019: AED 110,000 a yearNew contract, July 2020: AED 90,000 a yearRenewal, July 2022: AED 100,000 a yearRenewal, July 2023: AED 100,000 a yearNew contract, July 2024: AED 139,251 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 4009 sits

All 276 2-beds →

4009 last sold in February 2020 at AED 1,535 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,545). 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. 4009's AED 139,251 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 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
40061-bedAED 1.29M · Dec 2020
40071-bedAED 1.22M · Nov 2020
1–7 of 10

4009, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 27 February 2020 for AED 2,100,000, or AED 1,535 per sqft.
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2020 and recovered to AED 139,251 by July 2024.
  • At AED 139,251 a year the gross yield on the 2020 price is 6.6%, before a service charge of about AED 21,200 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 25 July 2024.

Questions about 4009, Noura Tower

What did unit 4009 last sell for?

AED 2,100,000 on 27 February 2020, sold by the developer: AED 1,535 per sqft for 1,368 sqft. It is the only registered sale of the unit.

What is the rent for unit 4009?

AED 139,251 a year on the contract signed on 25 July 2024. The previous contract, from July 2023, was AED 100,000; the unit has been rented since December 2018.

How big is unit 4009?

1,368 sqft (127.1 sqm): a two-bedroom apartment on the 40th floor of a 68-storey tower completed in 2022.

What is unit 4009 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.

Selling 4009? 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 4009, Noura Tower

Starts from the last sale price (AED 2.1M, 27 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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