2-bed · 1,511 sqftNoura Tower, Business Bay · 48th floor · completed 2022

4805, Noura Tower

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4805 · DLD and Ejari recordsUpdated 27 June 2023
Last soldAED 2M28 June 2022
Current rentAED 121K /yr27 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4805, Noura Tower

What is 4805 worth today?

Last sold for AED 2,000,000 in 2022

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27 Jun 2023RentedNew contract
AED 121,000/yr12 months · AED 80 per sqft
28 Jun 2022SoldReady
AED 2,000,000AED 1,323 per sqft
27 Jun 2021RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
16 May 2021Sold by developerReady
AED 1,740,000AED 1,151 per sqft
15 Jul 2020RentedRenewal
AED 92,400/yr12 months · AED 61 per sqft
1 Nov 2019RentedNew contract
AED 92,400/yr8 months · AED 61 per sqft

Source: Dubai Land Department. Updated 27 June 2023.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
48th of 68
Parking
L3-292
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 2M · June 2022
Building
Noura Tower

About 4805, Noura Tower

4805 is a two-bedroom apartment of 1,511 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. It last sold on 28 June 2022 for AED 2,000,000, or AED 1,323 per sqft, 19% above the AED 1,109 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 27 June 2023, is AED 121,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 23,500 a year.

Sales and rents for 4805 over time

Sales
Unit 4805, 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 1,740,000 (AED 1,151 per sqft)Sold, June 2022: AED 2,000,000 (AED 1,323 per sqft)

4805 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4805, 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, November 2019: AED 92,400 a yearRenewal, July 2020: AED 92,400 a yearNew contract, June 2021: AED 95,000 a yearNew contract, June 2023: AED 121,000 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 4805 sits

All 276 2-beds →

4805 last sold in June 2022 at AED 1,323 per sqft, 19% above what two-beds in Noura Tower were fetching at the time (AED 1,109). 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. 4805's AED 121,000 is in the lower 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 48th floor

All 544 units in Noura Tower
Value
48013-bedAED 3.2M · Sep 2023
48023-bedAED 2.1M · Dec 2020
48033-bedAED 3.6M · Oct 2023
48043-bedAED 2.44M · Dec 2020
48062-bedAED 2.4M · Nov 2024
48072-bedAED 2.43M · Aug 2026
48082-bedAED 2.4M · Oct 2025

4805, Noura Tower in numbers

  • Sold twice: first on 16 May 2021 for AED 1,740,000, last on 28 June 2022 for AED 2,000,000 (AED 1,323 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 92,400 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2022 price is 6.0%, 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 27 June 2023.

Questions about 4805, Noura Tower

What did unit 4805 last sell for?

AED 2,000,000 on 28 June 2022: AED 1,323 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 1,740,000 in May 2021.

What is the rent for unit 4805?

AED 121,000 a year on the contract signed on 27 June 2023. The previous contract, from June 2021, was AED 95,000; the unit has been rented since November 2019.

How big is unit 4805?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 48th floor of a 68-storey tower completed in 2022.

What is unit 4805 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 4805, Noura Tower

Starts from the last sale price (AED 2M, 28 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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