2-bed · 1,511 sqftNoura Tower, Business Bay · 27th floor · completed 2022

2701, Noura Tower

Sold prices and rental history: sold twice, last in February 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.85M24 February 2022
Current rentAED 150K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Noura Tower

What is 2701 worth today?

Last sold for AED 1,850,000 in 2022

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1 Apr 2024RentedNew contract
AED 150,000/yr12 months · AED 99 per sqft
7 Mar 2022RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
24 Feb 2022SoldReady
AED 1,850,000AED 1,224 per sqft
16 May 2021Sold by developerReady
AED 1,813,500AED 1,199 per sqft
15 Jul 2020RentedRenewal
AED 92,400/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
27th of 68
Parking
L5-186
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 1.85M · February 2022
Building
Noura Tower

About 2701, Noura Tower

2701 is a two-bedroom apartment of 1,511 sqft on the 27th 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 24 February 2022 for AED 1,850,000, or AED 1,224 per sqft, in line with the AED 1,199 two-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 April 2024, is AED 150,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 23,500 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, 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 2021: AED 1,813,500 (AED 1,199 per sqft)Sold, February 2022: AED 1,850,000 (AED 1,224 per sqft)

2701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2701, 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 155,000Renewal, July 2020: AED 92,400 a yearNew contract, March 2022: AED 115,000 a yearNew contract, April 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 2701 sits

All 265 2-beds →

2701 last sold in February 2022 at AED 1,224 per sqft, in line with what two-beds in Noura Tower were fetching at the time (AED 1,199). 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. 2701'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 27th floor

All 543 units in Noura Tower
Value
27022-bedAED 1.72M · Jan 2021
27031-bedAED 1.55M · Dec 2025
27042-bedAED 1.9M · Mar 2022
27051-bedAED 1.78M · Feb 2025
27061-bedAED 2.51M · Jun 2016
27071-bedAED 1.93M · Jun 2017
27081-bedAED 1.55M · Mar 2023
1–7 of 10

2701, Noura Tower in numbers

  • Sold twice: first on 16 May 2021 for AED 1,813,500, last on 24 February 2022 for AED 1,850,000 (AED 1,224 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 92,400 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 8.1%, 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: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.

Questions about 2701, Noura Tower

What did unit 2701 last sell for?

AED 1,850,000 on 24 February 2022: AED 1,224 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 1,813,500 in May 2021.

What is the rent for unit 2701?

AED 150,000 a year on the contract signed on 1 April 2024. The previous contract, from March 2022, was AED 115,000; the unit has been rented since July 2020.

How big is unit 2701?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 27th floor of a 68-storey tower completed in 2022.

What is unit 2701 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 2701, Noura Tower

Starts from the last sale price (AED 1.85M, 24 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →