3-bed · 1,940 sqftNoura Tower, Business Bay · 53rd floor · completed 2022

5303, Noura Tower

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

Unit 5303 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 2.4M1 February 2021
Current rentAED 150K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5303, Noura Tower

What is 5303 worth today?

Last sold for AED 2,400,000 in 2021

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1 Feb 2021Sold by developerReady
AED 2,400,000AED 1,236 per sqft
1 Jun 2020RentedRenewal
AED 150,000/yr13 months · AED 77 per sqft
1 Jun 2019RentedNew contract
AED 160,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
3-bed apartment
Size
1,940 sqft
Floor
53rd of 68
Parking
L4-257 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,100 /yr
Last sold
AED 2.4M · February 2021
Building
Noura Tower

About 5303, Noura Tower

5303 is a three-bedroom apartment of 1,940 sqft on the 53rd 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 1 February 2021 for AED 2,400,000, or AED 1,236 per sqft, 26% below the AED 1,669 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 June 2020, is AED 150,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 30,100 a year.

Sales and rents for 5303 over time

Sales
Unit 5303, each saleTypical three-bed in Noura Tower
2M4M6M2016201920222025Typical sale price by year: 2016 AED 5,312,797; 2017 AED 5,483,840; 2019 AED 3,650,000; 2020 AED 3,280,635; 2021 AED 2,328,492; 2022 AED 2,900,000; 2023 AED 3,300,000; 2024 AED 3,580,000; 2025 AED 3,700,000Sold by developer, February 2021: AED 2,400,000 (AED 1,236 per sqft)

5303 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5303, each contractTypical three-bed in Noura Tower
100K150K200K2019202120232025Typical rent by year: 2019 AED 136,500; 2020 AED 115,000; 2021 AED 130,000; 2022 AED 160,000; 2023 AED 180,000; 2024 AED 215,000; 2025 AED 215,000New contract, June 2019: AED 160,000 a yearRenewal, June 2020: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Noura Tower, and where 5303 sits

All 83 3-beds →

5303 last sold in February 2021 at AED 1,236 per sqft, 26% below what three-beds in Noura Tower were fetching at the time (AED 1,669). 5303's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jul 20253,500,000
15 Apr 20254,000,000
4 Mar 20253,700,000
5 Sep 20243,400,000
0 3-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 53rd floor

All 543 units in Noura Tower
Value
53013-bedAED 3.28M · Jun 2020
53023-bedAED 3.32M · Jun 2020
53043-bedAED 3.26M · Jun 2020
53052-bedAED 3.1M · Jun 2024
53062-bedAED 1.6M · Jan 2021
53072-bedAED 1.87M · Jan 2021
53082-bedAED 1.56M · May 2021

5303, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 1 February 2021 for AED 2,400,000, or AED 1,236 per sqft.
  • Rented since June 2019 on 2 Ejari contracts, from AED 160,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 30,100 a year (AED 15.53 per sqft).

Source: Dubai Land Department. Updated 1 February 2021.

Questions about 5303, Noura Tower

What did unit 5303 last sell for?

AED 2,400,000 on 1 February 2021, sold by the developer: AED 1,236 per sqft for 1,940 sqft. It is the only registered sale of the unit.

What is the rent for unit 5303?

AED 150,000 a year on the contract renewed on 1 June 2020. The previous contract, from June 2019, was AED 160,000.

How big is unit 5303?

1,940 sqft (180.2 sqm): a three-bedroom apartment on the 53rd floor of a 68-storey tower completed in 2022.

What is unit 5303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5303, Noura Tower

Starts from the last sale price (AED 2.4M, 1 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →