2-bed · 1,511 sqftNoura Tower, Business Bay · 36th floor · completed 2022

3601, Noura Tower

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3601 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 2.5M1 March 2024
Current rentAED 145K /yr13 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3601, Noura Tower

What is 3601 worth today?

Last sold for AED 2,500,000 in 2024

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1 Mar 2024SoldReady
AED 2,500,000AED 1,654 per sqft
13 Aug 2022RentedNew contract
AED 145,000/yr12 months · AED 96 per sqft
11 Mar 2022RentedNew contract
AED 120,000/yr12 months · AED 79 per sqft
11 Jun 2021RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
19 Apr 2021Sold by developerReady
AED 1,889,063AED 1,249 per sqft
15 Jul 2020RentedRenewal
AED 92,400/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
36th of 68
Parking
L1-82
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 2.5M · March 2024
Building
Noura Tower

About 3601, Noura Tower

3601 is a two-bedroom apartment of 1,511 sqft on the 36th 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 1 March 2024 for AED 2,500,000, or AED 1,654 per sqft, 4% above the AED 1,588 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 13 August 2022, is AED 145,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 23,500 a year.

Sales and rents for 3601 over time

Sales
Unit 3601, 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, April 2021: AED 1,889,063 (AED 1,249 per sqft)Sold, March 2024: AED 2,500,000 (AED 1,654 per sqft)

3601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3601, 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, June 2021: AED 95,000 a yearNew contract, March 2022: AED 120,000 a yearNew contract, August 2022: AED 145,000 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 3601 sits

All 265 2-beds →

3601 last sold in March 2024 at AED 1,654 per sqft, 4% above what two-beds in Noura Tower were fetching at the time (AED 1,588). 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. 3601's AED 145,000 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 36th floor

All 543 units in Noura Tower
Value
36022-bedAED 2.45M · Oct 2023
36031-bedAED 2M · Mar 2024
36042-bedAED 1.81M · Oct 2020
36051-bedAED 1.16M · Sep 2020
36061-bedAED 1.75M · Sep 2020
36071-bedAED 1.2M · Feb 2021
36081-bedAED 1M · Jan 2021
1–7 of 10

3601, Noura Tower in numbers

  • Sold twice: first on 19 April 2021 for AED 1,889,063, last on 1 March 2024 for AED 2,500,000 (AED 1,654 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 92,400 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2024 price is 5.8%, 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 1 March 2024.

Questions about 3601, Noura Tower

What did unit 3601 last sell for?

AED 2,500,000 on 1 March 2024: AED 1,654 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 1,889,063 in April 2021.

What is the rent for unit 3601?

AED 145,000 a year on the contract signed on 13 August 2022. The previous contract, from March 2022, was AED 120,000; the unit has been rented since July 2020.

How big is unit 3601?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 36th floor of a 68-storey tower completed in 2022.

What is unit 3601 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 3601, Noura Tower

Starts from the last sale price (AED 2.5M, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →