2-bed · 1,359 sqftNoura Tower, Business Bay · 46th floor · completed 2022

4608, Noura Tower

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4608 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 2.25M13 June 2024
Current rentAED 92K /yr15 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4608, Noura Tower

What is 4608 worth today?

Last sold for AED 2,250,000 in 2024

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13 Jun 2024SoldReady
AED 2,250,000AED 1,655 per sqft
15 May 2022RentedRenewal
AED 92,400/yr12 months · AED 68 per sqft
15 May 2021RentedNew contract
AED 88,000/yr12 months · AED 65 per sqft
3 May 2021Sold by developerReady
AED 1,563,161AED 1,149 per sqft
16 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 66 per sqft
16 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
46th of 68
Parking
L1-92
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.25M · June 2024
Building
Noura Tower

About 4608, Noura Tower

4608 is a two-bedroom apartment of 1,359 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 13 June 2024 for AED 2,250,000, or AED 1,655 per sqft, in line with the AED 1,618 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 May 2022, is AED 92,400 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 21,100 a year.

Sales and rents for 4608 over time

Sales
Unit 4608, 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, May 2021: AED 1,563,161 (AED 1,149 per sqft)Sold, June 2024: AED 2,250,000 (AED 1,655 per sqft)

4608 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4608, 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, February 2019: AED 90,000 a yearRenewal, February 2020: AED 90,000 a yearNew contract, May 2021: AED 88,000 a yearRenewal, May 2022: AED 92,400 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 4608 sits

All 276 2-beds →

4608 last sold in June 2024 at AED 1,655 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,618). 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. 4608's AED 92,400 is at the bottom 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 46th floor

All 544 units in Noura Tower
Value
46013-bedAED 2.9M · May 2022
46023-bedAED 3.17M · Jun 2020
46033-bedAED 4M · Jun 2024
46043-bedAED 3.11M · Jun 2020
46052-bedAED 1.96M · Mar 2021
46062-bedAED 1.53M · Dec 2020
46072-bedAED 2.2M · May 2023

4608, Noura Tower in numbers

  • Sold twice: first on 3 May 2021 for AED 1,563,161, last on 13 June 2024 for AED 2,250,000 (AED 1,655 per sqft).
  • Rented since February 2019 on 4 Ejari contracts, from AED 90,000 to AED 92,400 a year.
  • At AED 92,400 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 21,100 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 13 June 2024.

Questions about 4608, Noura Tower

What did unit 4608 last sell for?

AED 2,250,000 on 13 June 2024: AED 1,655 per sqft for 1,359 sqft. The unit has 2 registered sales; the first was AED 1,563,161 in May 2021.

What is the rent for unit 4608?

AED 92,400 a year on the contract renewed on 15 May 2022. The previous contract, from May 2021, was AED 88,000; the unit has been rented since February 2019.

How big is unit 4608?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 46th floor of a 68-storey tower completed in 2022.

What is unit 4608 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 4608, Noura Tower

Starts from the last sale price (AED 2.25M, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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