3-bed · 1,988 sqftNoura Tower, Business Bay · 54th floor · completed 2022

5402, Noura Tower

Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5402 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 3.58M12 July 2024
Current rentAED 170K /yr12 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5402, Noura Tower

What is 5402 worth today?

Last sold for AED 3,580,000 in 2024

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12 Jul 2024SoldReady
AED 3,580,000AED 1,800 per sqft
12 Feb 2022RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft
3 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 60 per sqft
21 Jul 2020Sold by developerReady
AED 3,371,258AED 1,695 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
3-bed apartment
Size
1,988 sqft
Floor
54th of 68
Parking
L5-153,L5-154
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,900 /yr
Last sold
AED 3.58M · July 2024
Building
Noura Tower

About 5402, Noura Tower

5402 is a three-bedroom apartment of 1,988 sqft on the 54th 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 12 July 2024 for AED 3,580,000, or AED 1,800 per sqft, 8% above the AED 1,659 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 12 February 2022, is AED 170,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 30,900 a year.

Sales and rents for 5402 over time

Sales
Unit 5402, 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, July 2020: AED 3,371,258 (AED 1,695 per sqft)Sold, July 2024: AED 3,580,000 (AED 1,800 per sqft)

5402 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5402, 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, October 2020: AED 120,000 a yearNew contract, February 2022: AED 170,000 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 5402 sits

All 85 3-beds →

5402 last sold in July 2024 at AED 1,800 per sqft, 8% above what three-beds in Noura Tower were fetching at the time (AED 1,659). 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. 5402's AED 170,000 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 54th floor

All 544 units in Noura Tower
Value
54013-bedAED 3.3M · Jul 2020
54033-bedAED 2.23M · Jan 2021
54043-bedAED 3M · Sep 2022
54052-bedAED 1.81M · Feb 2021
54062-bedAED 1.56M · Mar 2021
54072-bedAED 1.87M · Apr 2021
54082-bedAED 1.56M · Jun 2021

5402, Noura Tower in numbers

  • Sold twice: first on 21 July 2020 for AED 3,371,258, last on 12 July 2024 for AED 3,580,000 (AED 1,800 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, from AED 120,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 4.8%, 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 12 July 2024.

Questions about 5402, Noura Tower

What did unit 5402 last sell for?

AED 3,580,000 on 12 July 2024: AED 1,800 per sqft for 1,988 sqft. The unit has 2 registered sales; the first was AED 3,371,258 in July 2020.

What is the rent for unit 5402?

AED 170,000 a year on the contract signed on 12 February 2022. The previous contract, from October 2020, was AED 120,000.

How big is unit 5402?

1,988 sqft (184.7 sqm): a three-bedroom apartment on the 54th floor of a 68-storey tower completed in 2022.

What is unit 5402 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 5402, Noura Tower

Starts from the last sale price (AED 3.58M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,580,000
Deposit, UAE resident (20%)
AED 716,000
Deposit, non-resident (40%)
AED 1,432,000
Monthly over 25 years at 3.7%
AED 14,647

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