3-bed · 1,990 sqftNoura Tower, Business Bay · 62nd floor · completed 2022

6201, Noura Tower

Sold prices and rental history: sold once, by the developer in January 2021, and rented once, from July 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6201 · DLD and Ejari recordsUpdated 11 January 2021
Last soldAED 2.55M11 January 2021
Current rentAED 140K /yr25 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6201, Noura Tower

What is 6201 worth today?

Last sold for AED 2,548,873 in 2021

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11 Jan 2021Sold by developerReady
AED 2,548,873AED 1,281 per sqft
25 Jul 2019RentedNew contract
AED 140,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 11 January 2021.

Key facts

Type
3-bed apartment
Size
1,990 sqft
Floor
62nd of 68
Parking
L2-294 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,900 /yr
Last sold
AED 2.55M · January 2021
Building
Noura Tower

About 6201, Noura Tower

6201 is a three-bedroom apartment of 1,990 sqft on the 62nd 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 11 January 2021 for AED 2,548,873, or AED 1,281 per sqft, 23% below the AED 1,669 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2019. The current contract, signed on 25 July 2019, is AED 140,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 30,900 a year.

Sales and rents for 6201 over time

Sales
Unit 6201, 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, January 2021: AED 2,548,873 (AED 1,281 per sqft)

6201 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 6201, 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, July 2019: AED 140,000 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 6201 sits

All 85 3-beds →

6201 last sold in January 2021 at AED 1,281 per sqft, 23% below 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. 6201's AED 140,000 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 62nd floor

All 544 units in Noura Tower
Value
62023-bedAED 3.3M · Sep 2023
62033-bedAED 3.68M · Sep 2026
62043-bedAED 3.45M · Jun 2020
62052-bedAED 1.97M · Mar 2021
62062-bedAED 1.52M · Apr 2022
62072-bedAED 2.13M · Oct 2020
62082-bedAED 1.7M · Mar 2021

6201, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 11 January 2021 for AED 2,548,873, or AED 1,281 per sqft.
  • Rented since July 2019 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 30,900 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 January 2021.

Questions about 6201, Noura Tower

What did unit 6201 last sell for?

AED 2,548,873 on 11 January 2021, sold by the developer: AED 1,281 per sqft for 1,990 sqft. It is the only registered sale of the unit.

What is the rent for unit 6201?

AED 140,000 a year on the contract signed on 25 July 2019.

How big is unit 6201?

1,990 sqft (184.9 sqm): a three-bedroom apartment on the 62nd floor of a 68-storey tower completed in 2022.

What is unit 6201 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 6201, Noura Tower

Starts from the last sale price (AED 2.55M, 11 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,548,873
Deposit, UAE resident (20%)
AED 509,775
Deposit, non-resident (40%)
AED 1,019,549
Monthly over 25 years at 3.7%
AED 10,428

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