3-bed · 1,953 sqftNoura Tower, Business Bay · 56th floor · completed 2022

5604, Noura Tower

Sold prices and rental history: sold 3 times, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5604 · DLD and Ejari recordsUpdated 11 July 2023
Last soldAED 3.55M11 July 2023
Current rentAED 110K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5604, Noura Tower

What is 5604 worth today?

Last sold for AED 3,550,000 in 2023

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11 Jul 2023SoldReady
AED 3,550,000AED 1,817 per sqft
11 May 2022SoldReady
AED 2,600,000AED 1,331 per sqft
1 Sep 2021RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft
1 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 56 per sqft
1 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft
5 Aug 2020Sold by developerReady
AED 3,361,753AED 1,721 per sqft

Source: Dubai Land Department. Updated 11 July 2023.

Key facts

Type
3-bed apartment
Size
1,953 sqft
Floor
56th of 68
Parking
L2-298,L2-299
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,300 /yr
Last sold
AED 3.55M · July 2023
Building
Noura Tower

About 5604, Noura Tower

5604 is a three-bedroom apartment of 1,953 sqft on the 56th 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 July 2023 for AED 3,550,000, or AED 1,817 per sqft, 12% above the AED 1,616 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 September 2021, is AED 110,000 a year: a gross yield of 3.1% on the 2023 price, before the service charge of about AED 30,300 a year.

Sales and rents for 5604 over time

Sales
Unit 5604, 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, August 2020: AED 3,361,753 (AED 1,721 per sqft)Sold, May 2022: AED 2,600,000 (AED 1,331 per sqft)Sold, July 2023: AED 3,550,000 (AED 1,817 per sqft)

5604 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5604, 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, September 2020: AED 110,000 a yearNew contract, September 2021: AED 110,000 a yearRenewal, September 2021: AED 110,000 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 5604 sits

All 85 3-beds →

5604 last sold in July 2023 at AED 1,817 per sqft, 12% above what three-beds in Noura Tower were fetching at the time (AED 1,616). 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. 5604's AED 110,000 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 56th floor

All 544 units in Noura Tower
Value
56013-bedAED 3.35M · Jul 2020
56023-bedAED 2.45M · Dec 2021
56033-bedAED 5.38M · Aug 2016
56052-bedAED 2.25M · May 2023
56062-bedAED 2.5M · Mar 2025
56072-bedAED 2.4M · Feb 2024
56082-bedAED 2.2M · Dec 2023

5604, Noura Tower in numbers

  • Sold 3 times: first on 5 August 2020 for AED 3,361,753, last on 11 July 2023 for AED 3,550,000 (AED 1,817 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 3.1%, before a service charge of about AED 30,300 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 11 July 2023.

Questions about 5604, Noura Tower

What did unit 5604 last sell for?

AED 3,550,000 on 11 July 2023: AED 1,817 per sqft for 1,953 sqft. The unit has 3 registered sales; the first was AED 3,361,753 in August 2020.

What is the rent for unit 5604?

AED 110,000 a year on the contract signed on 1 September 2021. The previous contract, from September 2021, was AED 110,000; the unit has been rented since September 2020.

How big is unit 5604?

1,953 sqft (181.4 sqm): a three-bedroom apartment on the 56th floor of a 68-storey tower completed in 2022.

What is unit 5604 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 5604, Noura Tower

Starts from the last sale price (AED 3.55M, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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