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

2704, Noura Tower

Sold prices and rental history: sold twice, last in March 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 18 March 2022
Last soldAED 1.9M18 March 2022
Current rentAED 90K /yr10 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2704, Noura Tower

What is 2704 worth today?

Last sold for AED 1,900,000 in 2022

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18 Mar 2022SoldReady
AED 1,900,000AED 1,257 per sqft
10 May 2020RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
1 Apr 2019RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
19 Jun 2016Sold by developerOff-plan
AED 3,755,568AED 2,485 per sqft

Source: Dubai Land Department. Updated 18 March 2022.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
27th of 68
Parking
L2-200
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 1.9M · March 2022
Building
Noura Tower

About 2704, Noura Tower

2704 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 18 March 2022 for AED 1,900,000, or AED 1,257 per sqft, 7% above the AED 1,175 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 May 2020, is AED 90,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 23,500 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical two-bed in Noura Tower
2M3M4M2016201920222025Typical 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, June 2016: AED 3,755,568 (AED 2,485 per sqft)Sold, March 2022: AED 1,900,000 (AED 1,257 per sqft)

2704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2704, 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, April 2019: AED 115,000 a yearNew contract, May 2020: AED 90,000 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 2704 sits

All 265 2-beds →

2704 last sold in March 2022 at AED 1,257 per sqft, 7% above what two-beds in Noura Tower were fetching at the time (AED 1,175). 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. 2704's AED 90,000 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 27th floor

All 543 units in Noura Tower
Value
27012-bedAED 1.85M · Feb 2022
27022-bedAED 1.72M · Jan 2021
27031-bedAED 1.55M · Dec 2025
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

2704, Noura Tower in numbers

  • Sold twice: first on 19 June 2016 for AED 3,755,568, last on 18 March 2022 for AED 1,900,000 (AED 1,257 per sqft).
  • Rented since April 2019 on 2 Ejari contracts, from AED 115,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 4.7%, 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 18 March 2022.

Questions about 2704, Noura Tower

What did unit 2704 last sell for?

AED 1,900,000 on 18 March 2022: AED 1,257 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 3,755,568 in June 2016.

What is the rent for unit 2704?

AED 90,000 a year on the contract signed on 10 May 2020. The previous contract, from April 2019, was AED 115,000.

How big is unit 2704?

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 2704 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 2704, Noura Tower

Starts from the last sale price (AED 1.9M, 18 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →