3-bed · 1,988 sqftNoura Tower, Business Bay · 62nd floor · completed 2022

6202, Noura Tower

Sold prices and rental history: sold twice, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6202 · DLD and Ejari recordsUpdated 8 September 2023
Last soldAED 3.3M8 September 2023
Current rentAED 140K /yr5 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6202, Noura Tower

What is 6202 worth today?

Last sold for AED 3,300,000 in 2023

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8 Sep 2023SoldReady
AED 3,300,000AED 1,659 per sqft
5 Feb 2023RentedNew contract
AED 139,599/yr12 months · AED 70 per sqft
5 Feb 2021RentedNew contract
AED 129,614/yr12 months · AED 65 per sqft
17 Jun 2020Sold by developerReady
AED 3,473,417AED 1,746 per sqft

Source: Dubai Land Department. Updated 8 September 2023.

Key facts

Type
3-bed apartment
Size
1,988 sqft
Floor
62nd of 68
Parking
L3-310 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,900 /yr
Last sold
AED 3.3M · September 2023
Building
Noura Tower

About 6202, Noura Tower

6202 is a three-bedroom apartment of 1,988 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. It last sold on 8 September 2023 for AED 3,300,000, or AED 1,659 per sqft, 5% above the AED 1,581 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 5 February 2023, is AED 139,599 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 30,900 a year.

Sales and rents for 6202 over time

Sales
Unit 6202, 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 3,473,417 (AED 1,746 per sqft)Sold, September 2023: AED 3,300,000 (AED 1,659 per sqft)

6202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 6202, 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, February 2021: AED 129,614 a yearNew contract, February 2023: AED 139,599 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 6202 sits

All 85 3-beds →

6202 last sold in September 2023 at AED 1,659 per sqft, 5% above what three-beds in Noura Tower were fetching at the time (AED 1,581). 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. 6202's AED 139,599 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
62013-bedAED 2.55M · Jan 2021
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

6202, Noura Tower in numbers

  • Sold twice: first on 17 June 2020 for AED 3,473,417, last on 8 September 2023 for AED 3,300,000 (AED 1,659 per sqft).
  • Rented since February 2021 on 2 Ejari contracts, from AED 129,614 to AED 139,599 a year.
  • At AED 139,599 a year the gross yield on the 2023 price is 4.2%, 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 8 September 2023.

Questions about 6202, Noura Tower

What did unit 6202 last sell for?

AED 3,300,000 on 8 September 2023: AED 1,659 per sqft for 1,988 sqft. The unit has 2 registered sales; the first was AED 3,473,417 in June 2020.

What is the rent for unit 6202?

AED 139,599 a year on the contract signed on 5 February 2023. The previous contract, from February 2021, was AED 129,614.

How big is unit 6202?

1,988 sqft (184.7 sqm): a three-bedroom apartment on the 62nd floor of a 68-storey tower completed in 2022.

What is unit 6202 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 6202, Noura Tower

Starts from the last sale price (AED 3.3M, 8 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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