2-bed · 1,359 sqftNoura Tower, Business Bay · 56th floor · completed 2022

5608, Noura Tower

Sold prices and rental history: sold twice, last in December 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5608 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 2.2M11 December 2023
Current rentAED 160K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5608, Noura Tower

What is 5608 worth today?

Last sold for AED 2,200,000 in 2023

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7 Sep 2024RentedNew contract
AED 160,000/yr12 months · AED 118 per sqft
11 Dec 2023SoldReady
AED 2,200,000AED 1,618 per sqft
14 May 2022RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
7 Apr 2021Sold by developerReady
AED 1,699,088AED 1,249 per sqft
24 Jun 2019RentedNew contract
AED 100,000/yr13 months · AED 74 per sqft

Source: Dubai Land Department. Updated 7 September 2024.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
56th of 68
Parking
L2-189
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.2M · December 2023
Building
Noura Tower

About 5608, Noura Tower

5608 is a two-bedroom apartment of 1,359 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 December 2023 for AED 2,200,000, or AED 1,618 per sqft, in line with the AED 1,588 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 7 September 2024, is AED 160,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 5608 over time

Sales
Unit 5608, each saleTypical two-bed in Noura Tower
2M3M2016201920222025Typical sale price by year: 2016 AED 3,452,195; 2017 AED 2,646,271; 2018 AED 2,215,873; 2019 AED 2,100,000; 2020 AED 1,813,500; 2021 AED 1,698,013; 2022 AED 1,661,792; 2023 AED 2,290,000; 2024 AED 2,350,000; 2025 AED 2,400,000; 2026 AED 2,462,500Sold by developer, April 2021: AED 1,699,088 (AED 1,249 per sqft)Sold, December 2023: AED 2,200,000 (AED 1,618 per sqft)

5608 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5608, each contractTypical two-bed in Noura Tower
100K150K2018202120242027Typical rent by year: 2018 AED 110,000; 2019 AED 105,000; 2020 AED 95,000; 2021 AED 92,250; 2022 AED 114,000; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 145,000New contract, June 2019: AED 100,000 a yearNew contract, May 2022: AED 130,000 a yearNew contract, September 2024: AED 160,000 a year

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 5608 sits

All 276 2-beds →

5608 last sold in December 2023 at AED 1,618 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,588). 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. 5608's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
20 Aug 20262,425,000
19 Aug 20262,180,000
20 Jul 20262,500,000
15 2-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
56043-bedAED 3.55M · Jul 2023
56052-bedAED 2.25M · May 2023
56062-bedAED 2.5M · Mar 2025
56072-bedAED 2.4M · Feb 2024

5608, Noura Tower in numbers

  • Sold twice: first on 7 April 2021 for AED 1,699,088, last on 11 December 2023 for AED 2,200,000 (AED 1,618 per sqft).
  • Rented since June 2019 on 3 Ejari contracts, from AED 100,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 7.3%, 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 7 September 2024.

Questions about 5608, Noura Tower

What did unit 5608 last sell for?

AED 2,200,000 on 11 December 2023: AED 1,618 per sqft for 1,359 sqft. The unit has 2 registered sales; the first was AED 1,699,088 in April 2021.

What is the rent for unit 5608?

AED 160,000 a year on the contract signed on 7 September 2024. The previous contract, from May 2022, was AED 130,000; the unit has been rented since June 2019.

How big is unit 5608?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 56th floor of a 68-storey tower completed in 2022.

What is unit 5608 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 5608, Noura Tower

Starts from the last sale price (AED 2.2M, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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