1-bed · 975 sqftNoura Tower, Business Bay · 17th floor · completed 2022

1707, Noura Tower

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 11 October 2023
Last soldAED 1.62M22 June 2023
Current rentAED 130K /yr11 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Noura Tower

What is 1707 worth today?

Last sold for AED 1,620,000 in 2023

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11 Oct 2023RentedNew contract
AED 130,000/yr12 months · AED 133 per sqft
22 Jun 2023SoldReady
AED 1,620,000AED 1,661 per sqft
13 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 92 per sqft
13 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 92 per sqft
13 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
7 May 2017Sold by developerOff-plan
AED 1,823,917AED 1,870 per sqft

Source: Dubai Land Department. Updated 11 October 2023.

Key facts

Type
1-bed apartment
Size
975 sqft
Floor
17th of 68
Parking
B-383
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 15,100 /yr
Last sold
AED 1.62M · June 2023
Building
Noura Tower

About 1707, Noura Tower

1707 is a one-bedroom apartment of 975 sqft on the 17th 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 22 June 2023 for AED 1,620,000, or AED 1,661 per sqft, in line with the AED 1,661 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 11 October 2023, is AED 130,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, each saleTypical one-bed in Noura Tower
1M1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,956,427; 2017 AED 1,972,768; 2018 AED 1,656,344; 2019 AED 1,600,000; 2020 AED 1,134,003; 2021 AED 1,175,865; 2022 AED 1,397,500; 2023 AED 1,620,000; 2024 AED 1,600,000; 2025 AED 1,735,000Sold by developer, May 2017: AED 1,823,917 (AED 1,870 per sqft)Sold, June 2023: AED 1,620,000 (AED 1,661 per sqft)

1707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1707, each contractTypical one-bed in Noura Tower
100K2018202120242027Typical rent by year: 2018 AED 92,400; 2019 AED 86,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 112,000New contract, December 2019: AED 90,000 a yearRenewal, December 2021: AED 90,000 a yearRenewal, December 2022: AED 90,000 a yearNew contract, October 2023: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Noura Tower, and where 1707 sits

All 157 1-beds →

1707 last sold in June 2023 at AED 1,661 per sqft, in line with what one-beds in Noura Tower were fetching at the time (AED 1,661). Over the last 12 months one-beds sold for AED 1,500,000 to 2,000,000, around AED 1,945 per sqft, and rent for AED 93,700 to 300,000 a year. 1707's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,750,000
6 Jan 20261,600,000
19 Dec 20251,550,000
14 Dec 20252,000,000
6 1-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 17th floor

All 543 units in Noura Tower
Value
17012-bedAED 1.81M · Dec 2020
17022-bedAED 1.93M · Sep 2022
17031-bedAED 1.84M · Oct 2016
17042-bedAED 3.56M · Oct 2016
17051-bedAED 2.19M · Aug 2016
17061-bedAED 2.36M · Feb 2017
17081-bedAED 1.6M · Sep 2024
1–7 of 10

1707, Noura Tower in numbers

  • Sold twice: first on 7 May 2017 for AED 1,823,917, last on 22 June 2023 for AED 1,620,000 (AED 1,661 per sqft).
  • Rented since December 2019 on 4 Ejari contracts, from AED 90,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 15,100 a year (AED 15.53 per sqft).
  • One-beds in Noura Tower sold for AED 1,500,000–2,000,000 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 11 October 2023.

Questions about 1707, Noura Tower

What did unit 1707 last sell for?

AED 1,620,000 on 22 June 2023: AED 1,661 per sqft for 975 sqft. The unit has 2 registered sales; the first was AED 1,823,917 in May 2017.

What is the rent for unit 1707?

AED 130,000 a year on the contract signed on 11 October 2023. The previous contract, from December 2022, was AED 90,000; the unit has been rented since December 2019.

How big is unit 1707?

975 sqft (90.6 sqm): a one-bedroom apartment on the 17th floor of a 68-storey tower completed in 2022.

What is unit 1707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Noura Tower sold for AED 1,500,000 to 2,000,000 in the last 12 months, around AED 1,945 per sqft.

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Mortgage on 1707, Noura Tower

Starts from the last sale price (AED 1.62M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

Plus AED 73,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →