3-bed · 1,941 sqftNoura Tower, Business Bay · 46th floor · completed 2022

4603, Noura Tower

Sold prices and rental history: sold twice, last in June 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4603 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 4M25 June 2024
Current rentAED 185K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4603, Noura Tower

What is 4603 worth today?

Last sold for AED 4,000,000 in 2024

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25 Jun 2024SoldReady
AED 4,000,000AED 2,060 per sqft
15 May 2023RentedRenewal
AED 185,000/yr12 months · AED 95 per sqft
15 May 2022RentedNew contract
AED 160,000/yr12 months · AED 83 per sqft
1 Nov 2020RentedNew contract
AED 125,000/yr12 months · AED 65 per sqft
8 Jun 2020Sold by developerReady
AED 3,091,504AED 1,592 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
3-bed apartment
Size
1,941 sqft
Floor
46th of 68
Parking
L2-276 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,100 /yr
Last sold
AED 4M · June 2024
Building
Noura Tower

About 4603, Noura Tower

4603 is a three-bedroom apartment of 1,941 sqft on the 46th 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 25 June 2024 for AED 4,000,000, or AED 2,060 per sqft, 24% above the AED 1,659 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 May 2023, is AED 185,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 30,100 a year.

Sales and rents for 4603 over time

Sales
Unit 4603, 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 3,091,504 (AED 1,592 per sqft)Sold, June 2024: AED 4,000,000 (AED 2,060 per sqft)

4603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4603, 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, November 2020: AED 125,000 a yearNew contract, May 2022: AED 160,000 a yearRenewal, May 2023: AED 185,000 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 4603 sits

All 85 3-beds →

4603 last sold in June 2024 at AED 2,060 per sqft, 24% above what three-beds in Noura Tower were fetching at the time (AED 1,659). 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. 4603's AED 185,000 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 46th floor

All 544 units in Noura Tower
Value
46013-bedAED 2.9M · May 2022
46023-bedAED 3.17M · Jun 2020
46043-bedAED 3.11M · Jun 2020
46052-bedAED 1.96M · Mar 2021
46062-bedAED 1.53M · Dec 2020
46072-bedAED 2.2M · May 2023
46082-bedAED 2.25M · Jun 2024

4603, Noura Tower in numbers

  • Sold twice: first on 8 June 2020 for AED 3,091,504, last on 25 June 2024 for AED 4,000,000 (AED 2,060 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 125,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2024 price is 4.6%, 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 25 June 2024.

Questions about 4603, Noura Tower

What did unit 4603 last sell for?

AED 4,000,000 on 25 June 2024: AED 2,060 per sqft for 1,941 sqft. The unit has 2 registered sales; the first was AED 3,091,504 in June 2020.

What is the rent for unit 4603?

AED 185,000 a year on the contract renewed on 15 May 2023. The previous contract, from May 2022, was AED 160,000; the unit has been rented since November 2020.

How big is unit 4603?

1,941 sqft (180.3 sqm): a three-bedroom apartment on the 46th floor of a 68-storey tower completed in 2022.

What is unit 4603 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 4603, Noura Tower

Starts from the last sale price (AED 4M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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