3-bed · 1,988 sqftNoura Tower, Business Bay · 48th floor · completed 2022

4802, Noura Tower

Sold prices and rental history: sold once, by the developer in December 2020, and rented once, from March 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4802 · DLD and Ejari recordsUpdated 13 December 2020
Last soldAED 2.1M13 December 2020
Current rentAED 172K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4802, Noura Tower

What is 4802 worth today?

Last sold for AED 2,101,644 in 2020

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13 Dec 2020Sold by developerReady
AED 2,101,644AED 1,056 per sqft
1 Mar 2019RentedNew contract
AED 172,273/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 13 December 2020.

Key facts

Type
3-bed apartment
Size
1,988 sqft
Floor
48th of 68
Parking
L4-263(TANDEM)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,900 /yr
Last sold
AED 2.1M · December 2020
Building
Noura Tower

About 4802, Noura Tower

4802 is a three-bedroom apartment of 1,988 sqft on the 48th 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 13 December 2020 for AED 2,101,644, or AED 1,056 per sqft, 37% below the AED 1,669 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2019. The current contract, signed on 1 March 2019, is AED 172,273 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 30,900 a year.

Sales and rents for 4802 over time

Sales
Unit 4802, 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, December 2020: AED 2,101,644 (AED 1,056 per sqft)

4802 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4802, 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, March 2019: AED 172,273 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 4802 sits

All 85 3-beds →

4802 last sold in December 2020 at AED 1,056 per sqft, 37% 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. 4802's AED 172,273 is at the bottom 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 48th floor

All 544 units in Noura Tower
Value
48013-bedAED 3.2M · Sep 2023
48033-bedAED 3.6M · Oct 2023
48043-bedAED 2.44M · Dec 2020
48052-bedAED 2M · Jun 2022
48062-bedAED 2.4M · Nov 2024
48072-bedAED 2.43M · Aug 2026
48082-bedAED 2.4M · Oct 2025

4802, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 13 December 2020 for AED 2,101,644, or AED 1,056 per sqft.
  • Rented since March 2019 on one Ejari contract, at AED 172,273 a year.
  • At AED 172,273 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 30,900 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 13 December 2020.

Questions about 4802, Noura Tower

What did unit 4802 last sell for?

AED 2,101,644 on 13 December 2020, sold by the developer: AED 1,056 per sqft for 1,988 sqft. It is the only registered sale of the unit.

What is the rent for unit 4802?

AED 172,273 a year on the contract signed on 1 March 2019.

How big is unit 4802?

1,988 sqft (184.7 sqm): a three-bedroom apartment on the 48th floor of a 68-storey tower completed in 2022.

What is unit 4802 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 4802, Noura Tower

Starts from the last sale price (AED 2.1M, 13 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,101,644
Deposit, UAE resident (20%)
AED 420,329
Deposit, non-resident (40%)
AED 840,658
Monthly over 25 years at 3.7%
AED 8,598

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