2-bed · 1,511 sqftNoura Tower, Business Bay · 46th floor · completed 2022

4605, Noura Tower

Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4605 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.96M16 March 2021
Current rentAED 113K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4605, Noura Tower

What is 4605 worth today?

Last sold for AED 1,963,923 in 2021

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15 Aug 2024RentedRenewal
AED 112,500/yr12 months · AED 75 per sqft
15 Aug 2022RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft
15 Aug 2021RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
16 Mar 2021Sold by developerReady
AED 1,963,923AED 1,299 per sqft
1 Mar 2020RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
1 Mar 2019RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
46th of 68
Parking
L3-221
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,500 /yr
Last sold
AED 1.96M · March 2021
Building
Noura Tower

About 4605, Noura Tower

4605 is a two-bedroom apartment of 1,511 sqft on the 46th 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 16 March 2021 for AED 1,963,923, or AED 1,299 per sqft, 8% above the AED 1,199 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 15 August 2024, is AED 112,500 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 23,500 a year.

Sales and rents for 4605 over time

Sales
Unit 4605, 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, March 2021: AED 1,963,923 (AED 1,299 per sqft)

4605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4605, 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 115,000 a yearRenewal, March 2020: AED 115,000 a yearNew contract, August 2021: AED 95,000 a yearRenewal, August 2022: AED 95,000 a yearRenewal, August 2024: AED 112,500 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 4605 sits

All 265 2-beds →

4605 last sold in March 2021 at AED 1,299 per sqft, 8% above 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. 4605's AED 112,500 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 46th floor

All 543 units in Noura Tower
Value
46013-bedAED 2.9M · May 2022
46023-bedAED 3.17M · Jun 2020
46033-bedAED 4M · Jun 2024
46043-bedAED 3.11M · Jun 2020
46062-bedAED 1.53M · Dec 2020
46072-bedAED 2.2M · May 2023
46082-bedAED 2.25M · Jun 2024

4605, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 16 March 2021 for AED 1,963,923, or AED 1,299 per sqft.
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 95,000 in 2022 and recovered to AED 112,500 by August 2024.
  • At AED 112,500 a year the gross yield on the 2021 price is 5.7%, 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 15 August 2024.

Questions about 4605, Noura Tower

What did unit 4605 last sell for?

AED 1,963,923 on 16 March 2021, sold by the developer: AED 1,299 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 4605?

AED 112,500 a year on the contract renewed on 15 August 2024. The previous contract, from August 2022, was AED 95,000; the unit has been rented since March 2019.

How big is unit 4605?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 46th floor of a 68-storey tower completed in 2022.

What is unit 4605 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 4605, Noura Tower

Starts from the last sale price (AED 1.96M, 16 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,963,923
Deposit, UAE resident (20%)
AED 392,785
Deposit, non-resident (40%)
AED 785,569
Monthly over 25 years at 3.7%
AED 8,035

Plus AED 87,495 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →