2-bed · 1,359 sqftNoura Tower, Business Bay · 14th floor · completed 2022

1409, Noura Tower

Sold prices and rental history: sold once, by the developer in May 2017, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 2.4M22 May 2017
Current rentAED 130K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Noura Tower

What is 1409 worth today?

Last sold for AED 2,404,588 in 2017

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1 Jun 2024RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
22 May 2017Sold by developerOff-plan
AED 2,404,588AED 1,770 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
14th of 68
Parking
B-453
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 2.4M · May 2017
Building
Noura Tower

About 1409, Noura Tower

1409 is a two-bedroom apartment of 1,359 sqft on the 14th 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 22 May 2017 for AED 2,404,588, or AED 1,770 per sqft, 19% below the AED 2,198 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2024. The current contract, signed on 1 June 2024, is AED 130,000 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1409 over time

Sales
Unit 1409, 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, May 2017: AED 2,404,588 (AED 1,770 per sqft)

1409 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1409, 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, June 2024: AED 130,000 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 1409 sits

All 265 2-beds →

1409 last sold in May 2017 at AED 1,770 per sqft, 19% below what two-beds in Noura Tower were fetching at the time (AED 2,198). 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. 1409's AED 130,000 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 14th floor

All 543 units in Noura Tower
Value
14012-bedAED 2.2M · Mar 2022
14022-bedAED 1.7M · Mar 2023
14031-bedAED 1.8M · Sep 2016
14042-bedAED 3.49M · Aug 2016
14051-bedAED 1.15M · Jun 2021
14061-bedAED 2.31M · Aug 2016
14071-bedAED 600K · Aug 2019
1–7 of 10

1409, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 22 May 2017 for AED 2,404,588, or AED 1,770 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2017 price is 5.4%, 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 1 June 2024.

Questions about 1409, Noura Tower

What did unit 1409 last sell for?

AED 2,404,588 on 22 May 2017, sold by the developer: AED 1,770 per sqft for 1,359 sqft. It is the only registered sale of the unit.

What is the rent for unit 1409?

AED 130,000 a year on the contract signed on 1 June 2024.

How big is unit 1409?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 14th floor of a 68-storey tower completed in 2022.

What is unit 1409 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 1409, Noura Tower

Starts from the last sale price (AED 2.4M, 22 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,404,588
Deposit, UAE resident (20%)
AED 480,918
Deposit, non-resident (40%)
AED 961,835
Monthly over 25 years at 3.7%
AED 9,838

Plus AED 106,003 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →