3-bed · 1,941 sqftNoura Tower, Business Bay · 49th floor · completed 2022

4903, Noura Tower

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4903 · DLD and Ejari recordsUpdated 27 July 2024
Last soldAED 4.91M26 October 2016
Current rentAED 230K /yr27 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4903, Noura Tower

What is 4903 worth today?

Last sold for AED 4,909,204 in 2016

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27 Jul 2024RentedNew contract
AED 230,000/yr12 months · AED 119 per sqft
18 Dec 2021RentedNew contract
AED 165,000/yr12 months · AED 85 per sqft
1 Dec 2020RentedNew contract
AED 140,000/yr12 months · AED 72 per sqft
1 Jul 2019RentedNew contract
AED 150,000/yr12 months · AED 77 per sqft
26 Oct 2016Sold by developerOff-plan
AED 4,909,204AED 2,529 per sqft

Source: Dubai Land Department. Updated 27 July 2024.

Key facts

Type
3-bed apartment
Size
1,941 sqft
Floor
49th of 68
Parking
L1-111,L1-112
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,100 /yr
Last sold
AED 4.91M · October 2016
Building
Noura Tower

About 4903, Noura Tower

4903 is a three-bedroom apartment of 1,941 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. The developer sold it on 26 October 2016 for AED 4,909,204, or AED 2,529 per sqft, 7% below the AED 2,728 three-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 July 2024, is AED 230,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 30,100 a year.

Sales and rents for 4903 over time

Sales
Unit 4903, 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, October 2016: AED 4,909,204 (AED 2,529 per sqft)

4903 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4903, 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, July 2019: AED 150,000 a yearNew contract, December 2020: AED 140,000 a yearNew contract, December 2021: AED 165,000 a yearNew contract, July 2024: AED 230,000 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 4903 sits

All 85 3-beds →

4903 last sold in October 2016 at AED 2,529 per sqft, 7% below what three-beds in Noura Tower were fetching at the time (AED 2,728). 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. 4903's AED 230,000 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 49th floor

All 544 units in Noura Tower
Value
49013-bedAED 2.26M · Jan 2021
49023-bedAED 3.3M · May 2024
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

4903, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 26 October 2016 for AED 4,909,204, or AED 2,529 per sqft.
  • Rented since July 2019 on 4 Ejari contracts, from AED 150,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2016 price is 4.7%, before a service charge of about AED 30,100 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 27 July 2024.

Questions about 4903, Noura Tower

What did unit 4903 last sell for?

AED 4,909,204 on 26 October 2016, sold by the developer: AED 2,529 per sqft for 1,941 sqft. It is the only registered sale of the unit.

What is the rent for unit 4903?

AED 230,000 a year on the contract signed on 27 July 2024. The previous contract, from December 2021, was AED 165,000; the unit has been rented since July 2019.

How big is unit 4903?

1,941 sqft (180.3 sqm): a three-bedroom apartment on the 49th floor of a 68-storey tower completed in 2022.

What is unit 4903 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 4903, Noura Tower

Starts from the last sale price (AED 4.91M, 26 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,909,204
Deposit, UAE resident (20%)
AED 981,841
Deposit, non-resident (40%)
AED 1,963,682
Monthly over 25 years at 3.7%
AED 20,085

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