5506, Noura Tower
Sold prices and rental history: sold 3 times, last in May 2023, 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 5506, Noura Tower
What is 5506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 11 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 55th of 68
- Parking
- B-439
- Developer
- Al Habtoor City Real Estate Development
- Completed
- 2022
- Service charge
- AED 20,700 /yr
- Last sold
- AED 2.29M · May 2023
- Building
- Noura Tower
About 5506, Noura Tower
5506 is a two-bedroom apartment of 1,331 sqft on the 55th 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 11 May 2023 for AED 2,290,000, or AED 1,720 per sqft, 27% above the AED 1,357 two-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 5 February 2022, is AED 90,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 20,700 a year.
Sales and rents for 5506 over time
5506 has sold 3 times; 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 5506 sits
All 276 2-beds →5506 last sold in May 2023 at AED 1,720 per sqft, 27% above what two-beds in Noura Tower were fetching at the time (AED 1,357). 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. 5506's AED 90,000 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 55th floor
All 544 units in Noura Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 3-bed | 1,965 sqft | AED 3.3MAED 3,297,796 · Jul 2020July 2020 | 181,500 /yr | |
| 5502 | 3-bed | 1,988 sqft | AED 3.37MAED 3,371,258 · Jun 2020June 2020 | 200,000 /yr | |
| 5503 | 3-bed | 1,940 sqft | AED 5.38MAED 5,375,914 · Sep 2016September 2016 | 231,000 /yr | |
| 5504 | 3-bed | 1,953 sqft | AED 3.31MAED 3,311,581 · Jun 2020June 2020 | 140,000 /yr | |
| 5505 | 2-bed | 755 sqft | AED 1.81MAED 1,812,852 · Jan 2021January 2021 | 160,000 /yr | |
| 5507 | 2-bed | 1,496 sqft | AED 1.87MAED 1,869,425 · Jan 2021January 2021 | 130,000 /yr | |
| 5508 | 2-bed | 1,359 sqft | AED 1.56MAED 1,563,161 · Apr 2021April 2021 | 170,001 /yr |
5506, Noura Tower in numbers
- Sold 3 times: first on 11 February 2021 for AED 1,663,425, last on 11 May 2023 for AED 2,290,000 (AED 1,720 per sqft).
- Rented since June 2019 on 4 Ejari contracts, from AED 112,500 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 20,700 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 11 May 2023.
Questions about 5506, Noura Tower
What did unit 5506 last sell for?
AED 2,290,000 on 11 May 2023: AED 1,720 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 1,663,425 in February 2021.
What is the rent for unit 5506?
AED 90,000 a year on the contract signed on 5 February 2022. The previous contract, from February 2021, was AED 85,000; the unit has been rented since June 2019.
How big is unit 5506?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 55th floor of a 68-storey tower completed in 2022.
What is unit 5506 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.
Selling 5506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 5506, Noura Tower
Starts from the last sale price (AED 2.29M, 11 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,290,000
- Deposit, UAE resident (20%)
- AED 458,000
- Deposit, non-resident (40%)
- AED 916,000
- Monthly over 25 years at 3.7%
- AED 9,369
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →