2-bed · 1,356 sqftNoura Tower, Business Bay · 13th floor · completed 2022

1311, Noura Tower

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 31 January 2023
Last soldAED 2.43M1 October 2017
Current rentAED 95K /yr31 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1311, Noura Tower

What is 1311 worth today?

Last sold for AED 2,425,388 in 2017

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31 Jan 2023RentedRenewal
AED 95,000/yr12 months · AED 71 per sqft
31 Jan 2022RentedRenewal
AED 88,000/yr12 months · AED 65 per sqft
21 Jan 2021RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
1 Oct 2017Sold by developerOff-plan
AED 2,425,388AED 1,789 per sqft

Source: Dubai Land Department. Updated 31 January 2023.

Key facts

Type
2-bed apartment
Size
1,356 sqft
Floor
13th of 68
Parking
L1-69
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.43M · October 2017
Building
Noura Tower

About 1311, Noura Tower

1311 is a two-bedroom apartment of 1,356 sqft on the 13th 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 1 October 2017 for AED 2,425,388, or AED 1,789 per sqft, 11% below the AED 2,017 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 31 January 2023, is AED 95,000 a year: a gross yield of 3.9% on the 2017 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1311 over time

Sales
Unit 1311, each saleTypical two-bed in Noura Tower
2M3M2016201920222025Typical sale price by year: 2016 AED 3,452,195; 2017 AED 2,661,480; 2018 AED 2,215,112; 2019 AED 2,100,000; 2020 AED 1,813,500; 2021 AED 1,677,488; 2022 AED 1,651,624; 2023 AED 2,290,000; 2024 AED 2,325,000; 2025 AED 2,400,000Sold by developer, October 2017: AED 2,425,388 (AED 1,789 per sqft)

1311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1311, 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 93,000; 2022 AED 113,250; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 155,000New contract, January 2021: AED 80,000 a yearRenewal, January 2022: AED 88,000 a yearRenewal, January 2023: AED 95,000 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 1311 sits

All 265 2-beds →

1311 last sold in October 2017 at AED 1,789 per sqft, 11% below what two-beds in Noura Tower were fetching at the time (AED 2,017). Over the last 12 months two-beds sold for AED 2,300,000 to 2,700,000, around AED 1,654 per sqft, and rent for AED 140,000 to 170,001 a year. 1311's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20262,700,000
6 Dec 20252,300,000
21 Jul 20252,400,000
23 Jun 20252,440,000
2 2-bed sales in the last 12 months

Noura Tower

Building

543 apartments, 1-bed to 6-bed over 68 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. 9 sold in the last 12 months.

Typical price per sqft
AED 1,914
Typical sale
AED 1.75M
Typical rent
AED 149K /yr
Typical yield
6.1%
Noura Tower, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 543 units in Noura Tower
Value
13012-bedAED 2.58M · Jan 2025
13022-bedAED 2.93M · Jun 2016
1303AED 1.57M · Nov 2025
13042-bedAED 3.47M · Aug 2016
13051-bedAED 1.8M · Mar 2025
13061-bedAED 2.3M · Jan 2017
13071-bedAED 1.7M · Nov 2024
1–7 of 10

1311, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 1 October 2017 for AED 2,425,388, or AED 1,789 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 80,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2017 price is 3.9%, before a service charge of about AED 21,100 a year (AED 15.53 per sqft).
  • Two-beds in Noura Tower sold for AED 2,300,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,914 per sqft.

Source: Dubai Land Department. Updated 31 January 2023.

Questions about 1311, Noura Tower

What did unit 1311 last sell for?

AED 2,425,388 on 1 October 2017, sold by the developer: AED 1,789 per sqft for 1,356 sqft. It is the only registered sale of the unit.

What is the rent for unit 1311?

AED 95,000 a year on the contract renewed on 31 January 2023. The previous contract, from January 2022, was AED 88,000; the unit has been rented since January 2021.

How big is unit 1311?

1,356 sqft (126.0 sqm): a two-bedroom apartment on the 13th floor of a 68-storey tower completed in 2022.

What is unit 1311 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 2,300,000 to 2,700,000 in the last 12 months, around AED 1,654 per sqft.

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Mortgage on 1311, Noura Tower

Starts from the last sale price (AED 2.43M, 1 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,425,388
Deposit, UAE resident (20%)
AED 485,078
Deposit, non-resident (40%)
AED 970,155
Monthly over 25 years at 3.7%
AED 9,923

Plus AED 106,877 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →