3-bed · 1,988 sqftNoura Tower, Business Bay · 56th floor · completed 2022

5602, Noura Tower

Sold prices and rental history: sold twice, last in December 2021, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5602 · DLD and Ejari recordsUpdated 5 December 2021
Last soldAED 2.45M5 December 2021
Current rentAED 120K /yr26 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5602, Noura Tower

What is 5602 worth today?

Last sold for AED 2,450,000 in 2021

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5 Dec 2021SoldReady
AED 2,450,000AED 1,232 per sqft
26 Jul 2020RentedNew contract
AED 120,000/yr12 months · AED 60 per sqft
22 Jun 2020Sold by developerReady
AED 3,422,337AED 1,721 per sqft

Source: Dubai Land Department. Updated 5 December 2021.

Key facts

Type
3-bed apartment
Size
1,988 sqft
Floor
56th of 68
Parking
L3-308 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,900 /yr
Last sold
AED 2.45M · December 2021
Building
Noura Tower

About 5602, Noura Tower

5602 is a three-bedroom apartment of 1,988 sqft on the 56th 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 5 December 2021 for AED 2,450,000, or AED 1,232 per sqft, in line with the AED 1,199 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 July 2020. The current contract, signed on 26 July 2020, is AED 120,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 30,900 a year.

Sales and rents for 5602 over time

Sales
Unit 5602, 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 3,422,337 (AED 1,721 per sqft)Sold, December 2021: AED 2,450,000 (AED 1,232 per sqft)

5602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5602, 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, July 2020: AED 120,000 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 5602 sits

All 83 3-beds →

5602 last sold in December 2021 at AED 1,232 per sqft, in line with what three-beds in Noura Tower were fetching at the time (AED 1,199). 5602's AED 120,000 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 56th floor

All 543 units in Noura Tower
Value
56013-bedAED 3.35M · Jul 2020
56033-bedAED 5.38M · Aug 2016
56043-bedAED 3.55M · Jul 2023
56052-bedAED 2.25M · May 2023
56062-bedAED 2.5M · Mar 2025
5607AED 2.4M · Feb 2024
56082-bedAED 2.2M · Dec 2023

5602, Noura Tower in numbers

  • Sold twice: first on 22 June 2020 for AED 3,422,337, last on 5 December 2021 for AED 2,450,000 (AED 1,232 per sqft).
  • Rented since July 2020 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 4.9%, before a service charge of about AED 30,900 a year (AED 15.53 per sqft).

Source: Dubai Land Department. Updated 5 December 2021.

Questions about 5602, Noura Tower

What did unit 5602 last sell for?

AED 2,450,000 on 5 December 2021: AED 1,232 per sqft for 1,988 sqft. The unit has 2 registered sales; the first was AED 3,422,337 in June 2020.

What is the rent for unit 5602?

AED 120,000 a year on the contract signed on 26 July 2020.

How big is unit 5602?

1,988 sqft (184.7 sqm): a three-bedroom apartment on the 56th floor of a 68-storey tower completed in 2022.

What is unit 5602 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 5602, Noura Tower

Starts from the last sale price (AED 2.45M, 5 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →