3-bed · 1,965 sqftNoura Tower, Business Bay · 57th floor · completed 2022

5701, Noura Tower

Sold prices and rental history: sold once, by the developer in June 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5701 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 3.38M30 June 2020
Current rentAED 165K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5701, Noura Tower

What is 5701 worth today?

Last sold for AED 3,381,579 in 2020

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1 Dec 2023RentedRenewal
AED 165,000/yr12 months · AED 84 per sqft
1 Dec 2022RentedRenewal
AED 138,000/yr12 months · AED 70 per sqft
1 Dec 2021RentedRenewal
AED 126,500/yr12 months · AED 64 per sqft
1 Dec 2020RentedNew contract
AED 115,000/yr12 months · AED 58 per sqft
30 Jun 2020Sold by developerReady
AED 3,381,579AED 1,721 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed apartment
Size
1,965 sqft
Floor
57th of 68
Parking
L3-277 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,500 /yr
Last sold
AED 3.38M · June 2020
Building
Noura Tower

About 5701, Noura Tower

5701 is a three-bedroom apartment of 1,965 sqft on the 57th 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 30 June 2020 for AED 3,381,579, or AED 1,721 per sqft, 3% above the AED 1,669 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 165,000 a year: a gross yield of 4.9% on the 2020 price, before the service charge of about AED 30,500 a year.

Sales and rents for 5701 over time

Sales
Unit 5701, 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, June 2020: AED 3,381,579 (AED 1,721 per sqft)

5701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5701, 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, December 2020: AED 115,000 a yearRenewal, December 2021: AED 126,500 a yearRenewal, December 2022: AED 138,000 a yearRenewal, December 2023: AED 165,000 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 5701 sits

All 85 3-beds →

5701 last sold in June 2020 at AED 1,721 per sqft, 3% above 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. 5701's AED 165,000 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 57th floor

All 544 units in Noura Tower
Value
57023-bedAED 3.5M · Jul 2025
57033-bedAED 4M · Apr 2025
57043-bedAED 3.36M · Jun 2020
57052-bedAED 2M · Sep 2022
57062-bedAED 1.66M · Apr 2021
57072-bedAED 2.75M · Jun 2026
57082-bedAED 1.63M · Mar 2021

5701, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 30 June 2020 for AED 3,381,579, or AED 1,721 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 115,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2020 price is 4.9%, before a service charge of about AED 30,500 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 1 December 2023.

Questions about 5701, Noura Tower

What did unit 5701 last sell for?

AED 3,381,579 on 30 June 2020, sold by the developer: AED 1,721 per sqft for 1,965 sqft. It is the only registered sale of the unit.

What is the rent for unit 5701?

AED 165,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 138,000; the unit has been rented since December 2020.

How big is unit 5701?

1,965 sqft (182.6 sqm): a three-bedroom apartment on the 57th floor of a 68-storey tower completed in 2022.

What is unit 5701 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 5701, Noura Tower

Starts from the last sale price (AED 3.38M, 30 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,381,579
Deposit, UAE resident (20%)
AED 676,316
Deposit, non-resident (40%)
AED 1,352,632
Monthly over 25 years at 3.7%
AED 13,835

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