2-bed · 1,331 sqftNoura Tower, Business Bay · 52nd floor · completed 2022

5206, Noura Tower

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

Unit 5206 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 1.77M4 July 2022
Current rentAED 140K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5206, Noura Tower

What is 5206 worth today?

Last sold for AED 1,770,000 in 2022

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15 Aug 2023RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
1 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
4 Jul 2022SoldReady
AED 1,770,000AED 1,330 per sqft
11 Feb 2021Sold by developerReady
AED 1,663,425AED 1,249 per sqft
4 Apr 2020RentedRenewal
AED 95,000/yr12 months · AED 71 per sqft
4 Apr 2019RentedNew contract
AED 95,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
52nd of 68
Parking
L3-236
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 20,700 /yr
Last sold
AED 1.77M · July 2022
Building
Noura Tower

About 5206, Noura Tower

5206 is a two-bedroom apartment of 1,331 sqft on the 52nd 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 4 July 2022 for AED 1,770,000, or AED 1,330 per sqft, 20% above the AED 1,109 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 August 2023, is AED 140,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 20,700 a year.

Sales and rents for 5206 over time

Sales
Unit 5206, 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, February 2021: AED 1,663,425 (AED 1,249 per sqft)Sold, July 2022: AED 1,770,000 (AED 1,330 per sqft)

5206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5206, 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 95,000 a yearRenewal, April 2020: AED 95,000 a yearNew contract, August 2022: AED 120,000 a yearNew contract, August 2023: AED 140,000 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 5206 sits

All 265 2-beds →

5206 last sold in July 2022 at AED 1,330 per sqft, 20% 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. 5206's AED 140,000 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 52nd floor

All 543 units in Noura Tower
Value
52013-bedAED 3.28M · Jun 2020
52023-bedAED 3.32M · Jun 2020
52033-bedAED 5.2M · Feb 2017
52043-bedAED 3.26M · Jun 2020
52052-bedAED 1.81M · Jan 2021
52072-bedAED 1.87M · Dec 2020
52082-bedAED 1.63M · Apr 2021

5206, Noura Tower in numbers

  • Sold twice: first on 11 February 2021 for AED 1,663,425, last on 4 July 2022 for AED 1,770,000 (AED 1,330 per sqft).
  • Rented since April 2019 on 4 Ejari contracts, from AED 95,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 7.9%, 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 15 August 2023.

Questions about 5206, Noura Tower

What did unit 5206 last sell for?

AED 1,770,000 on 4 July 2022: AED 1,330 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 1,663,425 in February 2021.

What is the rent for unit 5206?

AED 140,000 a year on the contract signed on 15 August 2023. The previous contract, from August 2022, was AED 120,000; the unit has been rented since April 2019.

How big is unit 5206?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 52nd floor of a 68-storey tower completed in 2022.

What is unit 5206 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 5206, Noura Tower

Starts from the last sale price (AED 1.77M, 4 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

Plus AED 79,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →