2-bed · 1,511 sqftNoura Tower, Business Bay · 43rd floor · completed 2022

4305, Noura Tower

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

Unit 4305 · DLD and Ejari recordsUpdated 13 October 2020
Last soldAED 1.81M13 October 2020
Current rentAED 100K /yr5 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4305, Noura Tower

What is 4305 worth today?

Last sold for AED 1,813,116 in 2020

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13 Oct 2020Sold by developerReady
AED 1,813,116AED 1,199 per sqft
5 Oct 2019RentedNew contract
AED 100,000/yr9 months · AED 66 per sqft

Source: Dubai Land Department. Updated 13 October 2020.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
43rd of 68
Parking
B-316
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 1.81M · October 2020
Building
Noura Tower

About 4305, Noura Tower

4305 is a two-bedroom apartment of 1,511 sqft on the 43rd 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 13 October 2020 for AED 1,813,116, or AED 1,199 per sqft, 22% below the AED 1,528 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 October 2019. The current contract, signed on 5 October 2019, is AED 100,000 a year: a gross yield of 5.5% on the 2020 price, before the service charge of about AED 23,500 a year.

Sales and rents for 4305 over time

Sales
Unit 4305, 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, October 2020: AED 1,813,116 (AED 1,199 per sqft)

4305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4305, 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, October 2019: AED 100,000 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 4305 sits

All 276 2-beds →

4305 last sold in October 2020 at AED 1,199 per sqft, 22% below what two-beds in Noura Tower were fetching at the time (AED 1,528). 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. 4305's AED 100,000 is at the bottom 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 43rd floor

All 544 units in Noura Tower
Value
43013-bedAED 2.75M · Jan 2021
43023-bedAED 3.4M · Sep 2024
43033-bedAED 3M · Jun 2023
43043-bedAED 2.1M · Jun 2021
43062-bedAED 2.32M · Jun 2026
43072-bedAED 2.75M · Apr 2026
43082-bedAED 1.51M · Oct 2021

4305, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 13 October 2020 for AED 1,813,116, or AED 1,199 per sqft.
  • Rented since October 2019 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 5.5%, before a service charge of about AED 23,500 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 13 October 2020.

Questions about 4305, Noura Tower

What did unit 4305 last sell for?

AED 1,813,116 on 13 October 2020, sold by the developer: AED 1,199 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 4305?

AED 100,000 a year on the contract signed on 5 October 2019.

How big is unit 4305?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 43rd floor of a 68-storey tower completed in 2022.

What is unit 4305 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 4305, Noura Tower

Starts from the last sale price (AED 1.81M, 13 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,813,116
Deposit, UAE resident (20%)
AED 362,623
Deposit, non-resident (40%)
AED 725,246
Monthly over 25 years at 3.7%
AED 7,418

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