2-bed · 1,511 sqftNoura Tower, Business Bay · 22nd floor · completed 2022

2201, Noura Tower

Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 4 February 2024
Last soldAED 2.3M28 January 2020
Current rentAED 150K /yr4 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Noura Tower

What is 2201 worth today?

Last sold for AED 2,300,000 in 2020

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4 Feb 2024RentedNew contract
AED 150,000/yr12 months · AED 100 per sqft
26 Sep 2022RentedNew contract
AED 139,000/yr12 months · AED 92 per sqft
6 Sep 2021RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
2 Jun 2020RentedNew contract
AED 95,000/yr13 months · AED 63 per sqft
28 Jan 2020Sold by developerReady
AED 2,300,000AED 1,521 per sqft
19 Feb 2019RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 4 February 2024.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
22nd of 68
Parking
L4-180
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 2.3M · January 2020
Building
Noura Tower

About 2201, Noura Tower

2201 is a two-bedroom apartment of 1,511 sqft on the 22nd 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 28 January 2020 for AED 2,300,000, or AED 1,521 per sqft, in line with the AED 1,545 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 4 February 2024, is AED 150,000 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 23,500 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, January 2020: AED 2,300,000 (AED 1,521 per sqft)

2201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2201, 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, February 2019: AED 165,000 a yearNew contract, June 2020: AED 95,000 a yearNew contract, September 2021: AED 95,000 a yearNew contract, September 2022: AED 139,000 a yearNew contract, February 2024: AED 150,000 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 2201 sits

All 265 2-beds →

2201 last sold in January 2020 at AED 1,521 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,545). 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. 2201's AED 150,000 is in the lower half 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 22nd floor

All 543 units in Noura Tower
Value
22022-bedAED 1.64M · May 2021
2203AED 1.09M · Jan 2021
22042-bedAED 2.5M · Nov 2024
22051-bedAED 1.58M · May 2020
22061-bedAED 2.36M · Mar 2017
22071-bedAED 1.76M · Oct 2019
22081-bedAED 1.78M · Nov 2016
1–7 of 10

2201, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 28 January 2020 for AED 2,300,000, or AED 1,521 per sqft.
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 165,000 to AED 95,000 in 2021 and recovered to AED 150,000 by February 2024.
  • At AED 150,000 a year the gross yield on the 2020 price is 6.5%, before a service charge of about AED 23,500 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 4 February 2024.

Questions about 2201, Noura Tower

What did unit 2201 last sell for?

AED 2,300,000 on 28 January 2020, sold by the developer: AED 1,521 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 2201?

AED 150,000 a year on the contract signed on 4 February 2024. The previous contract, from September 2022, was AED 139,000; the unit has been rented since February 2019.

How big is unit 2201?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 22nd floor of a 68-storey tower completed in 2022.

What is unit 2201 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 2201, Noura Tower

Starts from the last sale price (AED 2.3M, 28 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →