2-bed · 1,496 sqftNoura Tower, Business Bay · 44th floor · completed 2022

4407, Noura Tower

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

Unit 4407 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 2.55M15 November 2023
Current rentAED 115K /yr14 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4407, Noura Tower

What is 4407 worth today?

Last sold for AED 2,550,000 in 2023

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15 Nov 2023SoldReady
AED 2,550,000AED 1,704 per sqft
14 Mar 2022RentedRenewal
AED 115,000/yr12 months · AED 77 per sqft
14 Mar 2021RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
14 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
2 Mar 2021Sold by developerReady
AED 1,870,100AED 1,249 per sqft
14 Mar 2020RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
14 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
2-bed apartment
Size
1,496 sqft
Floor
44th of 68
Parking
L2-213
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,200 /yr
Last sold
AED 2.55M · November 2023
Building
Noura Tower

About 4407, Noura Tower

4407 is a two-bedroom apartment of 1,496 sqft on the 44th 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 15 November 2023 for AED 2,550,000, or AED 1,704 per sqft, 7% above the AED 1,588 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 14 March 2022, is AED 115,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 23,200 a year.

Sales and rents for 4407 over time

Sales
Unit 4407, 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, March 2021: AED 1,870,100 (AED 1,249 per sqft)Sold, November 2023: AED 2,550,000 (AED 1,704 per sqft)

4407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4407, 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, March 2019: AED 130,000 a yearRenewal, March 2020: AED 120,000 a yearRenewal, March 2021: AED 120,000 a yearNew contract, March 2021: AED 115,000 a yearRenewal, March 2022: AED 115,000 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 4407 sits

All 276 2-beds →

4407 last sold in November 2023 at AED 1,704 per sqft, 7% above what two-beds in Noura Tower were fetching at the time (AED 1,588). 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. 4407's AED 115,000 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 44th floor

All 544 units in Noura Tower
Value
44013-bedAED 2.8M · Apr 2024
44023-bedAED 2.5M · Sep 2022
44033-bedAED 5.31M · Aug 2016
44043-bedAED 3.55M · Oct 2019
44052-bedAED 2M · Aug 2022
44062-bedAED 1.5M · Nov 2020
44082-bedAED 1.51M · Aug 2021

4407, Noura Tower in numbers

  • Sold twice: first on 2 March 2021 for AED 1,870,100, last on 15 November 2023 for AED 2,550,000 (AED 1,704 per sqft).
  • Rented since March 2019 on 5 Ejari contracts, from AED 130,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 23,200 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 15 November 2023.

Questions about 4407, Noura Tower

What did unit 4407 last sell for?

AED 2,550,000 on 15 November 2023: AED 1,704 per sqft for 1,496 sqft. The unit has 2 registered sales; the first was AED 1,870,100 in March 2021.

What is the rent for unit 4407?

AED 115,000 a year on the contract renewed on 14 March 2022. The previous contract, from March 2021, was AED 120,000; the unit has been rented since March 2019.

How big is unit 4407?

1,496 sqft (139.0 sqm): a two-bedroom apartment on the 44th floor of a 68-storey tower completed in 2022.

What is unit 4407 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 4407, Noura Tower

Starts from the last sale price (AED 2.55M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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