2-bed · 1,368 sqftNoura Tower, Business Bay · 36th floor · completed 2022

3609, Noura Tower

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3609 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.8M29 September 2022
Current rentAED 120K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3609, Noura Tower

What is 3609 worth today?

Last sold for AED 1,800,000 in 2022

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20 May 2024RentedRenewal
AED 120,000/yr12 months · AED 88 per sqft
20 May 2023RentedNew contract
AED 115,000/yr12 months · AED 84 per sqft
29 Sep 2022SoldReady
AED 1,800,000AED 1,315 per sqft
20 May 2022RentedRenewal
AED 84,000/yr12 months · AED 61 per sqft
14 Apr 2021Sold by developerReady
AED 1,573,062AED 1,149 per sqft
27 Nov 2020RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
27 Nov 2019RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
27 Nov 2018RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,368 sqft
Floor
36th of 68
Parking
L4-169
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,200 /yr
Last sold
AED 1.8M · September 2022
Building
Noura Tower

About 3609, Noura Tower

3609 is a two-bedroom apartment of 1,368 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 29 September 2022 for AED 1,800,000, or AED 1,315 per sqft, 19% above the AED 1,109 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 120,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3609 over time

Sales
Unit 3609, 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 1,573,062 (AED 1,149 per sqft)Sold, September 2022: AED 1,800,000 (AED 1,315 per sqft)

3609 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3609, 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, November 2018: AED 110,000 a yearRenewal, November 2019: AED 110,000 a yearRenewal, November 2020: AED 110,000 a yearRenewal, May 2022: AED 84,000 a yearNew contract, May 2023: AED 115,000 a yearRenewal, May 2024: AED 120,000 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 3609 sits

All 265 2-beds →

3609 last sold in September 2022 at AED 1,315 per sqft, 19% above what two-beds in Noura Tower were fetching at the time (AED 1,109). 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. 3609's AED 120,000 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 36th floor

All 543 units in Noura Tower
Value
36012-bedAED 2.5M · Mar 2024
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
1–7 of 10

3609, Noura Tower in numbers

  • Sold twice: first on 14 April 2021 for AED 1,573,062, last on 29 September 2022 for AED 1,800,000 (AED 1,315 per sqft).
  • Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 84,000 in 2022 and recovered to AED 120,000 by May 2024.
  • At AED 120,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 21,200 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 20 May 2024.

Questions about 3609, Noura Tower

What did unit 3609 last sell for?

AED 1,800,000 on 29 September 2022: AED 1,315 per sqft for 1,368 sqft. The unit has 2 registered sales; the first was AED 1,573,062 in April 2021.

What is the rent for unit 3609?

AED 120,000 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 115,000; the unit has been rented since November 2018.

How big is unit 3609?

1,368 sqft (127.1 sqm): a two-bedroom apartment on the 36th floor of a 68-storey tower completed in 2022.

What is unit 3609 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 3609, Noura Tower

Starts from the last sale price (AED 1.8M, 29 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →