5408, Noura Tower
Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, Noura Tower
What is 5408 worth today?
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Source: Dubai Land Department. Updated 26 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,359 sqft
- Floor
- 54th of 68
- Parking
- L5-275
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 21,100 /yr
- Last sold
- AED 1.56M · June 2021
- Building
- Noura Tower
About 5408, Noura Tower
5408 is a two-bedroom apartment of 1,359 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 1 June 2021 for AED 1,563,161, or AED 1,149 per sqft, 4% below the AED 1,199 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 26 June 2023, is AED 100,000 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 5408 over time
5408 has sold once; the dashed line is the two-bed median of each year in the building.
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 5408 sits
All 276 2-beds →5408 last sold in June 2021 at AED 1,149 per sqft, 4% below 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. 5408's AED 100,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,359 sqft | 2,100,000 | 1,545 | ||
| 20 Aug 202620 August 2026 | 1,496 sqft | 2,425,000 | 1,620 | ||
| 19 Aug 202619 August 2026 | 1,368 sqft | 2,180,000 | 1,593 | ||
| 20 Jul 202620 July 2026 | 1,511 sqft | 2,500,000 | 1,654 |
Noura Tower
Building544 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%
Other units on the 54th floor
All 544 units in Noura Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 3-bed | 1,965 sqft | AED 3.3MAED 3,297,796 · Jul 2020July 2020 | 226,941 /yr | |
| 5402 | 3-bed | 1,988 sqft | AED 3.58MAED 3,580,000 · Jul 2024July 2024 | 170,000 /yr | |
| 5403 | 3-bed | 1,940 sqft | AED 2.23MAED 2,231,472 · Jan 2021January 2021 | 150,000 /yr | |
| 5404 | 3-bed | 1,953 sqft | AED 3MAED 3,000,000 · Sep 2022September 2022 | 240,000 /yr | |
| 5405 | 2-bed | 1,511 sqft | AED 1.81MAED 1,812,852 · Feb 2021February 2021 | 158,182 /yr | |
| 5406 | 2-bed | 1,331 sqft | AED 1.56MAED 1,563,620 · Mar 2021March 2021 | 90,000 /yr | |
| 5407 | 2-bed | 1,496 sqft | AED 1.87MAED 1,869,425 · Apr 2021April 2021 | 125,000 /yr |
5408, Noura Tower in numbers
- Sold once: by Al Habtoor City Real Estate Development on 1 June 2021 for AED 1,563,161, or AED 1,149 per sqft.
- Rented since June 2019 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 85,000 in 2021 and recovered to AED 100,000 by June 2023.
- At AED 100,000 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 26 June 2023.
Questions about 5408, Noura Tower
What did unit 5408 last sell for?
AED 1,563,161 on 1 June 2021, sold by the developer: AED 1,149 per sqft for 1,359 sqft. It is the only registered sale of the unit.
What is the rent for unit 5408?
AED 100,000 a year on the contract renewed on 26 June 2023. The previous contract, from June 2021, was AED 85,000; the unit has been rented since June 2019.
How big is unit 5408?
1,359 sqft (126.3 sqm): a two-bedroom apartment on the 54th floor of a 68-storey tower completed in 2022.
What is unit 5408 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 5408, Noura Tower
Starts from the last sale price (AED 1.56M, 1 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,563,161
- Deposit, UAE resident (20%)
- AED 312,632
- Deposit, non-resident (40%)
- AED 625,264
- Monthly over 25 years at 3.7%
- AED 6,395
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →