2-bed · 1,511 sqftNoura Tower, Business Bay · 45th floor · completed 2022

4505, Noura Tower

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

Unit 4505 · DLD and Ejari recordsUpdated 24 June 2023
Last soldAED 2.1M20 February 2023
Current rentAED 160K /yr24 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, Noura Tower

What is 4505 worth today?

Last sold for AED 2,100,000 in 2023

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24 Jun 2023RentedNew contract
AED 160,000/yr12 months · AED 106 per sqft
20 Feb 2023SoldReady
AED 2,100,000AED 1,390 per sqft
23 Dec 2020Sold by developerReady
AED 1,888,388AED 1,249 per sqft
1 Mar 2020RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
1 Mar 2019RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 24 June 2023.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
45th of 68
Parking
B-454
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 2.1M · February 2023
Building
Noura Tower

About 4505, Noura Tower

4505 is a two-bedroom apartment of 1,511 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 20 February 2023 for AED 2,100,000, or AED 1,390 per sqft, 12% above the AED 1,241 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 24 June 2023, is AED 160,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 23,500 a year.

Sales and rents for 4505 over time

Sales
Unit 4505, 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, December 2020: AED 1,888,388 (AED 1,249 per sqft)Sold, February 2023: AED 2,100,000 (AED 1,390 per sqft)

4505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4505, 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 135,000 a yearRenewal, March 2020: AED 135,000 a yearNew contract, June 2023: AED 160,000 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 4505 sits

All 276 2-beds →

4505 last sold in February 2023 at AED 1,390 per sqft, 12% above what two-beds in Noura Tower were fetching at the time (AED 1,241). 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. 4505's AED 160,000 is in the upper 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 45th floor

All 544 units in Noura Tower
Value
45013-bedAED 3.35M · Jul 2026
45023-bedAED 2.05M · Feb 2021
45033-bedAED 3.55M · Nov 2019
45043-bedAED 2.31M · Feb 2021
45062-bedAED 2.4M · Mar 2026
45072-bedAED 2.5M · Nov 2019
45082-bedAED 1.03M · Mar 2023

4505, Noura Tower in numbers

  • Sold twice: first on 23 December 2020 for AED 1,888,388, last on 20 February 2023 for AED 2,100,000 (AED 1,390 per sqft).
  • Rented since March 2019 on 3 Ejari contracts, from AED 135,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 7.6%, 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 24 June 2023.

Questions about 4505, Noura Tower

What did unit 4505 last sell for?

AED 2,100,000 on 20 February 2023: AED 1,390 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 1,888,388 in December 2020.

What is the rent for unit 4505?

AED 160,000 a year on the contract signed on 24 June 2023. The previous contract, from March 2020, was AED 135,000; the unit has been rented since March 2019.

How big is unit 4505?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 45th floor of a 68-storey tower completed in 2022.

What is unit 4505 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 4505, Noura Tower

Starts from the last sale price (AED 2.1M, 20 February 2023). 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 →