3-bed · 1,976 sqftNoura Tower, Business Bay · 62nd floor · completed 2022

6204, Noura Tower

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

Unit 6204 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 3.45M14 June 2020
Current rentAED 60K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6204, Noura Tower

What is 6204 worth today?

Last sold for AED 3,452,545 in 2020

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1 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 30 per sqft
1 Sep 2021RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
1 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft
14 Jun 2020Sold by developerReady
AED 3,452,545AED 1,746 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
3-bed apartment
Size
1,976 sqft
Floor
62nd of 68
Parking
L2-295 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,700 /yr
Last sold
AED 3.45M · June 2020
Building
Noura Tower

About 6204, Noura Tower

6204 is a three-bedroom apartment of 1,976 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 14 June 2020 for AED 3,452,545, or AED 1,746 per sqft, in line with the AED 1,721 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 2022, is AED 60,000 a year: a gross yield of 1.7% on the 2020 price, before the service charge of about AED 30,700 a year.

Sales and rents for 6204 over time

Sales
Unit 6204, 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 3,452,545 (AED 1,746 per sqft)

6204 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 6204, each contractTypical three-bed in Noura Tower
100K200K20192021202320252027Typical 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 100,000 a yearNew contract, September 2022: AED 60,000 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 6204 sits

All 85 3-beds →

6204 last sold in June 2020 at AED 1,746 per sqft, in line with what three-beds in Noura Tower were fetching at the time (AED 1,721). 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. 6204's AED 60,000 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
62013-bedAED 2.55M · Jan 2021
62023-bedAED 3.3M · Sep 2023
62033-bedAED 3.68M · Sep 2026
62052-bedAED 1.97M · Mar 2021
62062-bedAED 1.52M · Apr 2022
62072-bedAED 2.13M · Oct 2020
62082-bedAED 1.7M · Mar 2021

6204, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 14 June 2020 for AED 3,452,545, or AED 1,746 per sqft.
  • Rented since September 2020 on 3 Ejari contracts, from AED 110,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 1.7%, before a service charge of about AED 30,700 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 September 2022.

Questions about 6204, Noura Tower

What did unit 6204 last sell for?

AED 3,452,545 on 14 June 2020, sold by the developer: AED 1,746 per sqft for 1,976 sqft. It is the only registered sale of the unit.

What is the rent for unit 6204?

AED 60,000 a year on the contract signed on 1 September 2022. The previous contract, from September 2021, was AED 100,000; the unit has been rented since September 2020.

How big is unit 6204?

1,976 sqft (183.6 sqm): a three-bedroom apartment on the 62nd floor of a 68-storey tower completed in 2022.

What is unit 6204 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 6204, Noura Tower

Starts from the last sale price (AED 3.45M, 14 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,452,545
Deposit, UAE resident (20%)
AED 690,509
Deposit, non-resident (40%)
AED 1,381,018
Monthly over 25 years at 3.7%
AED 14,125

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