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2-bed · 1,359 sqftNoura Tower, Business Bay · 52nd floor · completed 2022

5208, Noura Tower

Sold prices and rental history: sold once, by the developer in April 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5208 · DLD and Ejari recordsUpdated 22 April 2021
Last soldAED 1.63M22 April 2021
Current rentAED 105K /yr5 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5208, Noura Tower

What is 5208 worth today?

Last sold for AED 1,631,124 in 2021

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22 Apr 2021Sold by developerReady
AED 1,631,124AED 1,199 per sqft
5 May 2020RentedRenewal
AED 105,000/yr12 months · AED 77 per sqft
5 May 2019RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 22 April 2021.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
52nd of 68
Parking
L4-160
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 1.63M · April 2021
Building
Noura Tower

About 5208, Noura Tower

5208 is a two-bedroom apartment of 1,359 sqft on the 52nd 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 22 April 2021 for AED 1,631,124, or AED 1,199 per sqft, in line with the AED 1,199 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 5 May 2020, is AED 105,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 21,100 a year.

Sales and rents for 5208 over time

Sales
Unit 5208, 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, April 2021: AED 1,631,124 (AED 1,199 per sqft)

5208 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5208, 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, May 2019: AED 105,000 a yearRenewal, May 2020: AED 105,000 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 5208 sits

All 276 2-beds →

5208 last sold in April 2021 at AED 1,199 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,199). 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. 5208's AED 105,000 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 52nd floor

All 544 units in Noura Tower
Value
52013-bedAED 3.28M · Jun 2020
52023-bedAED 3.32M · Jun 2020
52033-bedAED 4.1M · Mar 2026
52043-bedAED 3.26M · Jun 2020
52052-bedAED 1.81M · Jan 2021
52062-bedAED 1.77M · Jul 2022
52072-bedAED 1.87M · Dec 2020

5208, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 22 April 2021 for AED 1,631,124, or AED 1,199 per sqft.
  • Rented since May 2019 on 2 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 21,100 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 22 April 2021.

Questions about 5208, Noura Tower

What did unit 5208 last sell for?

AED 1,631,124 on 22 April 2021, sold by the developer: AED 1,199 per sqft for 1,359 sqft. It is the only registered sale of the unit.

What is the rent for unit 5208?

AED 105,000 a year on the contract renewed on 5 May 2020. The previous contract, from May 2019, was AED 105,000.

How big is unit 5208?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 52nd floor of a 68-storey tower completed in 2022.

What is unit 5208 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 5208, Noura Tower

Starts from the last sale price (AED 1.63M, 22 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,631,124
Deposit, UAE resident (20%)
AED 326,225
Deposit, non-resident (40%)
AED 652,450
Monthly over 25 years at 3.7%
AED 6,673

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