3-bed · 1,988 sqftNoura Tower, Business Bay · 45th floor · completed 2022

4502, Noura Tower

Sold prices and rental history: sold twice, last in February 2021, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 2.05M7 February 2021
Current rentAED 130K /yr8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4502, Noura Tower

What is 4502 worth today?

Last sold for AED 2,050,000 in 2021

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8 Dec 2022RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
7 Feb 2021SoldReady
AED 2,050,000AED 1,031 per sqft
16 Jun 2020Sold by developerReady
AED 3,166,938AED 1,592 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
3-bed apartment
Size
1,988 sqft
Floor
45th of 68
Parking
L3-276 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,900 /yr
Last sold
AED 2.05M · February 2021
Building
Noura Tower

About 4502, Noura Tower

4502 is a three-bedroom apartment of 1,988 sqft on the 45th 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 7 February 2021 for AED 2,050,000, or AED 1,031 per sqft, 38% below the AED 1,653 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 December 2022. The current contract, signed on 8 December 2022, is AED 130,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 30,900 a year.

Sales and rents for 4502 over time

Sales
Unit 4502, each saleTypical three-bed in Noura Tower
2M4M6M2016201920222025Typical sale price by year: 2016 AED 5,312,797; 2017 AED 5,483,840; 2019 AED 3,650,000; 2020 AED 3,280,635; 2021 AED 2,316,965; 2022 AED 2,900,000; 2023 AED 3,250,000; 2024 AED 3,580,000; 2025 AED 3,700,000; 2026 AED 3,715,000Sold by developer, June 2020: AED 3,166,938 (AED 1,592 per sqft)Sold, February 2021: AED 2,050,000 (AED 1,031 per sqft)

4502 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4502, each contractTypical three-bed in Noura Tower
100K150K200K20192021202320252027Typical rent by year: 2019 AED 135,000; 2020 AED 115,000; 2021 AED 130,000; 2022 AED 155,000; 2023 AED 180,000; 2024 AED 215,000; 2025 AED 212,500; 2026 AED 205,001New contract, December 2022: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Noura Tower, and where 4502 sits

All 85 3-beds →

4502 last sold in February 2021 at AED 1,031 per sqft, 38% below what three-beds in Noura Tower were fetching at the time (AED 1,653). Over the last 12 months three-beds sold for AED 3,350,000 to 4,100,000, around AED 1,878 per sqft, and rent for AED 176,091 to 300,000 a year. 4502's AED 130,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20263,680,000
27 Aug 20263,900,000
16 Jul 20263,600,000
16 Jul 20263,350,000
6 3-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 45th floor

All 544 units in Noura Tower
Value
45013-bedAED 3.35M · Jul 2026
45033-bedAED 3.55M · Nov 2019
45043-bedAED 2.31M · Feb 2021
45052-bedAED 2.1M · Feb 2023
45062-bedAED 2.4M · Mar 2026
45072-bedAED 2.5M · Nov 2019
45082-bedAED 1.03M · Mar 2023

4502, Noura Tower in numbers

  • Sold twice: first on 16 June 2020 for AED 3,166,938, last on 7 February 2021 for AED 2,050,000 (AED 1,031 per sqft).
  • Rented since December 2022 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 30,900 a year (AED 15.53 per sqft).
  • Three-beds in Noura Tower sold for AED 3,350,000–4,100,000 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 8 December 2022.

Questions about 4502, Noura Tower

What did unit 4502 last sell for?

AED 2,050,000 on 7 February 2021: AED 1,031 per sqft for 1,988 sqft. The unit has 2 registered sales; the first was AED 3,166,938 in June 2020.

What is the rent for unit 4502?

AED 130,000 a year on the contract signed on 8 December 2022.

How big is unit 4502?

1,988 sqft (184.7 sqm): a three-bedroom apartment on the 45th floor of a 68-storey tower completed in 2022.

What is unit 4502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Noura Tower sold for AED 3,350,000 to 4,100,000 in the last 12 months, around AED 1,878 per sqft.

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Mortgage on 4502, Noura Tower

Starts from the last sale price (AED 2.05M, 7 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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