3-bed · 1,940 sqftNoura Tower, Business Bay · 54th floor · completed 2022

5403, Noura Tower

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

Unit 5403 · DLD and Ejari recordsUpdated 27 January 2021
Last soldAED 2.23M27 January 2021
Current rentAED 150K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5403, Noura Tower

What is 5403 worth today?

Last sold for AED 2,231,472 in 2021

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27 Jan 2021Sold by developerReady
AED 2,231,472AED 1,149 per sqft
1 Aug 2020RentedRenewal
AED 150,000/yr14 months · AED 77 per sqft
1 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 27 January 2021.

Key facts

Type
3-bed apartment
Size
1,940 sqft
Floor
54th of 68
Parking
L3-297 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,100 /yr
Last sold
AED 2.23M · January 2021
Building
Noura Tower

About 5403, Noura Tower

5403 is a three-bedroom apartment of 1,940 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. The developer sold it on 27 January 2021 for AED 2,231,472, or AED 1,149 per sqft, 31% below the AED 1,669 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 August 2020, is AED 150,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 30,100 a year.

Sales and rents for 5403 over time

Sales
Unit 5403, 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, January 2021: AED 2,231,472 (AED 1,149 per sqft)

5403 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5403, 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, August 2019: AED 150,000 a yearRenewal, August 2020: AED 150,000 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 5403 sits

All 85 3-beds →

5403 last sold in January 2021 at AED 1,149 per sqft, 31% below what three-beds in Noura Tower were fetching at the time (AED 1,669). 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. 5403's AED 150,000 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
54023-bedAED 3.58M · Jul 2024
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

5403, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 27 January 2021 for AED 2,231,472, or AED 1,149 per sqft.
  • Rented since August 2019 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 6.7%, 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 January 2021.

Questions about 5403, Noura Tower

What did unit 5403 last sell for?

AED 2,231,472 on 27 January 2021, sold by the developer: AED 1,149 per sqft for 1,940 sqft. It is the only registered sale of the unit.

What is the rent for unit 5403?

AED 150,000 a year on the contract renewed on 1 August 2020. The previous contract, from August 2019, was AED 150,000.

How big is unit 5403?

1,940 sqft (180.2 sqm): a three-bedroom apartment on the 54th floor of a 68-storey tower completed in 2022.

What is unit 5403 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 5403, Noura Tower

Starts from the last sale price (AED 2.23M, 27 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,231,472
Deposit, UAE resident (20%)
AED 446,294
Deposit, non-resident (40%)
AED 892,589
Monthly over 25 years at 3.7%
AED 9,130

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