2-bed · 1,331 sqftNoura Tower, Business Bay · 43rd floor · completed 2022

4306, Noura Tower

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

Unit 4306 · DLD and Ejari recordsUpdated 13 March 2024
Last soldAED 1.5M14 December 2020
Current rentAED 135K /yr13 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4306, Noura Tower

What is 4306 worth today?

Last sold for AED 1,497,083 in 2020

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13 Mar 2024RentedRenewal
AED 135,000/yr12 months · AED 101 per sqft
13 Mar 2024RentedRenewal
AED 135,000/yr12 months · AED 102 per sqft
13 Mar 2023RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
14 Dec 2020Sold by developerReady
AED 1,497,083AED 1,124 per sqft
31 Mar 2020RentedRenewal
AED 95,000/yr12 months · AED 71 per sqft
31 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 13 March 2024.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
43rd of 68
Parking
L4-159
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 20,700 /yr
Last sold
AED 1.5M · December 2020
Building
Noura Tower

About 4306, Noura Tower

4306 is a two-bedroom apartment of 1,331 sqft on the 43rd 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 14 December 2020 for AED 1,497,083, or AED 1,124 per sqft, 10% below the AED 1,249 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 13 March 2024, is AED 135,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 20,700 a year.

Sales and rents for 4306 over time

Sales
Unit 4306, 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, December 2020: AED 1,497,083 (AED 1,124 per sqft)

4306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4306, 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, March 2019: AED 95,000 a yearRenewal, March 2020: AED 95,000 a yearNew contract, March 2023: AED 135,000 a yearRenewal, March 2024: AED 135,000 a yearRenewal, March 2024: AED 135,000 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 4306 sits

All 265 2-beds →

4306 last sold in December 2020 at AED 1,124 per sqft, 10% below what two-beds in Noura Tower were fetching at the time (AED 1,249). 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. 4306's AED 135,000 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 43rd floor

All 543 units in Noura Tower
Value
43013-bedAED 2.75M · Jan 2021
43023-bedAED 3.4M · Sep 2024
43033-bedAED 3M · Jun 2023
43043-bedAED 2.1M · Jun 2021
43052-bedAED 1.81M · Oct 2020
43072-bedAED 2.18M · Dec 2024
43082-bedAED 1.51M · Oct 2021

4306, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 14 December 2020 for AED 1,497,083, or AED 1,124 per sqft.
  • Rented since March 2019 on 5 Ejari contracts, from AED 95,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 20,700 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 13 March 2024.

Questions about 4306, Noura Tower

What did unit 4306 last sell for?

AED 1,497,083 on 14 December 2020, sold by the developer: AED 1,124 per sqft for 1,331 sqft. It is the only registered sale of the unit.

What is the rent for unit 4306?

AED 135,000 a year on the contract renewed on 13 March 2024. The previous contract, from March 2024, was AED 135,000; the unit has been rented since March 2019.

How big is unit 4306?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 43rd floor of a 68-storey tower completed in 2022.

What is unit 4306 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 4306, Noura Tower

Starts from the last sale price (AED 1.5M, 14 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,497,083
Deposit, UAE resident (20%)
AED 299,417
Deposit, non-resident (40%)
AED 598,833
Monthly over 25 years at 3.7%
AED 6,125

Plus AED 67,887 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →