3-bed · 1,988 sqftNoura Tower, Business Bay · 49th floor · completed 2022

4902, Noura Tower

Sold prices and rental history: sold twice, last in May 2024, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4902 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 3.3M1 May 2024
Current rentAED 100K /yr23 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4902, Noura Tower

What is 4902 worth today?

Last sold for AED 3,300,000 in 2024

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1 May 2024SoldReady
AED 3,300,000AED 1,659 per sqft
23 Nov 2021RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
24 Jun 2020Sold by developerReady
AED 3,218,021AED 1,618 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
3-bed apartment
Size
1,988 sqft
Floor
49th of 68
Parking
L1-107,L1-108
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,900 /yr
Last sold
AED 3.3M · May 2024
Building
Noura Tower

About 4902, Noura Tower

4902 is a three-bedroom apartment of 1,988 sqft on the 49th 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 1 May 2024 for AED 3,300,000, or AED 1,659 per sqft, in line with the AED 1,628 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 November 2021. The current contract, signed on 23 November 2021, is AED 100,000 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 30,900 a year.

Sales and rents for 4902 over time

Sales
Unit 4902, 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 3,218,021 (AED 1,618 per sqft)Sold, May 2024: AED 3,300,000 (AED 1,659 per sqft)

4902 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4902, each contractTypical three-bed in Noura Tower
100K200K20192021202320252027Typical 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 2021: AED 100,000 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 4902 sits

All 85 3-beds →

4902 last sold in May 2024 at AED 1,659 per sqft, in line with what three-beds in Noura Tower were fetching at the time (AED 1,628). 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. 4902's AED 100,000 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 49th floor

All 544 units in Noura Tower
Value
49013-bedAED 2.26M · Jan 2021
49033-bedAED 4.91M · Oct 2016
49043-bedAED 2.08M · Feb 2021
49052-bedAED 1.8M · Mar 2021
49062-bedAED 1.53M · Dec 2020
49072-bedAED 2.4M · Feb 2024
49082-bedAED 2.3M · Jan 2025

4902, Noura Tower in numbers

  • Sold twice: first on 24 June 2020 for AED 3,218,021, last on 1 May 2024 for AED 3,300,000 (AED 1,659 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 3.0%, 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 1 May 2024.

Questions about 4902, Noura Tower

What did unit 4902 last sell for?

AED 3,300,000 on 1 May 2024: AED 1,659 per sqft for 1,988 sqft. The unit has 2 registered sales; the first was AED 3,218,021 in June 2020.

What is the rent for unit 4902?

AED 100,000 a year on the contract signed on 23 November 2021.

How big is unit 4902?

1,988 sqft (184.7 sqm): a three-bedroom apartment on the 49th floor of a 68-storey tower completed in 2022.

What is unit 4902 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 4902, Noura Tower

Starts from the last sale price (AED 3.3M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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