3-bed · 1,953 sqftNoura Tower, Business Bay · 55th floor · completed 2022

5504, Noura Tower

Sold prices and rental history: sold once, by the developer in June 2020, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5504 · DLD and Ejari recordsUpdated 7 January 2021
Last soldAED 3.31M9 June 2020
Current rentAED 140K /yr7 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5504, Noura Tower

What is 5504 worth today?

Last sold for AED 3,311,581 in 2020

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7 Jan 2021RentedNew contract
AED 140,000/yr12 months · AED 72 per sqft
9 Jun 2020Sold by developerReady
AED 3,311,581AED 1,695 per sqft

Source: Dubai Land Department. Updated 7 January 2021.

Key facts

Type
3-bed apartment
Size
1,953 sqft
Floor
55th of 68
Parking
L3-288,L3-214
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,300 /yr
Last sold
AED 3.31M · June 2020
Building
Noura Tower

About 5504, Noura Tower

5504 is a three-bedroom apartment of 1,953 sqft on the 55th 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 9 June 2020 for AED 3,311,581, or AED 1,695 per sqft, in line with the AED 1,695 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 January 2021. The current contract, signed on 7 January 2021, is AED 140,000 a year: a gross yield of 4.2% on the 2020 price, before the service charge of about AED 30,300 a year.

Sales and rents for 5504 over time

Sales
Unit 5504, 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, June 2020: AED 3,311,581 (AED 1,695 per sqft)

5504 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5504, 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, January 2021: AED 140,000 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 5504 sits

All 83 3-beds →

5504 last sold in June 2020 at AED 1,695 per sqft, in line with what three-beds in Noura Tower were fetching at the time (AED 1,695). 5504's AED 140,000 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 55th floor

All 543 units in Noura Tower
Value
55013-bedAED 3.3M · Jul 2020
55023-bedAED 3.37M · Jun 2020
55033-bedAED 5.38M · Sep 2016
55052-bedAED 1.81M · Jan 2021
55062-bedAED 2.29M · May 2023
55072-bedAED 1.87M · Jan 2021
55082-bedAED 1.56M · Apr 2021

5504, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 9 June 2020 for AED 3,311,581, or AED 1,695 per sqft.
  • Rented since January 2021 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2020 price is 4.2%, before a service charge of about AED 30,300 a year (AED 15.53 per sqft).

Source: Dubai Land Department. Updated 7 January 2021.

Questions about 5504, Noura Tower

What did unit 5504 last sell for?

AED 3,311,581 on 9 June 2020, sold by the developer: AED 1,695 per sqft for 1,953 sqft. It is the only registered sale of the unit.

What is the rent for unit 5504?

AED 140,000 a year on the contract signed on 7 January 2021.

How big is unit 5504?

1,953 sqft (181.4 sqm): a three-bedroom apartment on the 55th floor of a 68-storey tower completed in 2022.

What is unit 5504 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 5504, Noura Tower

Starts from the last sale price (AED 3.31M, 9 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,311,581
Deposit, UAE resident (20%)
AED 662,316
Deposit, non-resident (40%)
AED 1,324,632
Monthly over 25 years at 3.7%
AED 13,549

Plus AED 144,096 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →