3-bed · 1,965 sqftNoura Tower, Business Bay · 47th floor · completed 2022

4701, Noura Tower

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

Unit 4701 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 3.18M16 June 2020
Current rentAED 200K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4701, Noura Tower

What is 4701 worth today?

Last sold for AED 3,180,389 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2024RentedNew contract
AED 200,000/yr12 months · AED 102 per sqft
17 Feb 2023RentedRenewal
AED 155,000/yr12 months · AED 79 per sqft
17 Feb 2022RentedNew contract
AED 155,000/yr12 months · AED 79 per sqft
21 Oct 2021RentedRenewal
AED 117,700/yr12 months · AED 60 per sqft
21 Oct 2020RentedNew contract
AED 107,000/yr12 months · AED 54 per sqft
16 Jun 2020Sold by developerReady
AED 3,180,389AED 1,618 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
3-bed apartment
Size
1,965 sqft
Floor
47th of 68
Parking
L5-130,L5-131
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,500 /yr
Last sold
AED 3.18M · June 2020
Building
Noura Tower

About 4701, Noura Tower

4701 is a three-bedroom apartment of 1,965 sqft on the 47th 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 16 June 2020 for AED 3,180,389, or AED 1,618 per sqft, 3% below the AED 1,669 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 September 2024, is AED 200,000 a year: a gross yield of 6.3% on the 2020 price, before the service charge of about AED 30,500 a year.

Sales and rents for 4701 over time

Sales
Unit 4701, 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 3,180,389 (AED 1,618 per sqft)

4701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4701, 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, October 2020: AED 107,000 a yearRenewal, October 2021: AED 117,700 a yearNew contract, February 2022: AED 155,000 a yearRenewal, February 2023: AED 155,000 a yearNew contract, September 2024: AED 200,000 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 4701 sits

All 85 3-beds →

4701 last sold in June 2020 at AED 1,618 per sqft, 3% below what three-beds in Noura Tower were fetching at the time (AED 1,669). 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. 4701's AED 200,000 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 47th floor

All 544 units in Noura Tower
Value
47023-bedAED 3.22M · Jun 2020
47033-bedAED 3.58M · Dec 2023
47043-bedAED 3.45M · Feb 2020
47052-bedAED 2.2M · Jan 2024
47062-bedAED 2.45M · Dec 2023
47072-bedAED 2M · Mar 2023
47082-bedAED 2.38M · Apr 2025

4701, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 16 June 2020 for AED 3,180,389, or AED 1,618 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 107,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 6.3%, before a service charge of about AED 30,500 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 September 2024.

Questions about 4701, Noura Tower

What did unit 4701 last sell for?

AED 3,180,389 on 16 June 2020, sold by the developer: AED 1,618 per sqft for 1,965 sqft. It is the only registered sale of the unit.

What is the rent for unit 4701?

AED 200,000 a year on the contract signed on 1 September 2024. The previous contract, from February 2023, was AED 155,000; the unit has been rented since October 2020.

How big is unit 4701?

1,965 sqft (182.6 sqm): a three-bedroom apartment on the 47th floor of a 68-storey tower completed in 2022.

What is unit 4701 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.

Selling 4701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4701, Noura Tower

Starts from the last sale price (AED 3.18M, 16 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,180,389
Deposit, UAE resident (20%)
AED 636,078
Deposit, non-resident (40%)
AED 1,272,156
Monthly over 25 years at 3.7%
AED 13,012

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