3-bed · 1,941 sqftNoura Tower, Business Bay · 45th floor · completed 2022

4503, Noura Tower

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4503 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 3.55M14 November 2019
Current rentAED 220K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4503, Noura Tower

What is 4503 worth today?

Last sold for AED 3,550,000 in 2019

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1 Feb 2023RentedNew contract
AED 220,000/yr12 months · AED 114 per sqft
14 Nov 2019Sold by developerReady
AED 3,550,000AED 1,828 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
3-bed apartment
Size
1,941 sqft
Floor
45th of 68
Parking
L5-251,L5-252
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,100 /yr
Last sold
AED 3.55M · November 2019
Building
Noura Tower

About 4503, Noura Tower

4503 is a three-bedroom apartment of 1,941 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. The developer sold it on 14 November 2019 for AED 3,550,000, or AED 1,828 per sqft, in line with the AED 1,857 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2023. The current contract, signed on 1 February 2023, is AED 220,000 a year: a gross yield of 6.2% on the 2019 price, before the service charge of about AED 30,100 a year.

Sales and rents for 4503 over time

Sales
Unit 4503, 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, November 2019: AED 3,550,000 (AED 1,828 per sqft)

4503 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4503, 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, February 2023: AED 220,000 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 4503 sits

All 85 3-beds →

4503 last sold in November 2019 at AED 1,828 per sqft, in line with what three-beds in Noura Tower were fetching at the time (AED 1,857). 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. 4503's AED 220,000 is in the lower half 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
45023-bedAED 2.05M · Feb 2021
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

4503, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 14 November 2019 for AED 3,550,000, or AED 1,828 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2019 price is 6.2%, before a service charge of about AED 30,100 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 1 February 2023.

Questions about 4503, Noura Tower

What did unit 4503 last sell for?

AED 3,550,000 on 14 November 2019, sold by the developer: AED 1,828 per sqft for 1,941 sqft. It is the only registered sale of the unit.

What is the rent for unit 4503?

AED 220,000 a year on the contract signed on 1 February 2023.

How big is unit 4503?

1,941 sqft (180.3 sqm): a three-bedroom apartment on the 45th floor of a 68-storey tower completed in 2022.

What is unit 4503 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 4503, Noura Tower

Starts from the last sale price (AED 3.55M, 14 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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