3-bed · 1,940 sqftNoura Tower, Business Bay · 56th floor · completed 2022

5603, Noura Tower

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5603 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 5.38M22 August 2016
Current rentAED 160K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5603, Noura Tower

What is 5603 worth today?

Last sold for AED 5,375,914 in 2016

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1 Sep 2023RentedNew contract
AED 160,000/yr12 months · AED 83 per sqft
1 Sep 2021RentedRenewal
AED 160,000/yr12 months · AED 83 per sqft
1 Sep 2020RentedNew contract
AED 128,000/yr12 months · AED 66 per sqft
1 Sep 2020RentedRenewal
AED 128,000/yr12 months · AED 66 per sqft
1 Sep 2019RentedNew contract
AED 138,000/yr12 months · AED 71 per sqft
22 Aug 2016Sold by developerOff-plan
AED 5,375,914AED 2,770 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
3-bed apartment
Size
1,940 sqft
Floor
56th of 68
Parking
L3-286 , L3-287
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,100 /yr
Last sold
AED 5.38M · August 2016
Building
Noura Tower

About 5603, Noura Tower

5603 is a three-bedroom apartment of 1,940 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. The developer sold it on 22 August 2016 for AED 5,375,914, or AED 2,770 per sqft, in line with the AED 2,744 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 September 2023, is AED 160,000 a year: a gross yield of 3.0% on the 2016 price, before the service charge of about AED 30,100 a year.

Sales and rents for 5603 over time

Sales
Unit 5603, 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, August 2016: AED 5,375,914 (AED 2,770 per sqft)

5603 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5603, 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, September 2019: AED 138,000 a yearNew contract, September 2020: AED 128,000 a yearRenewal, September 2020: AED 128,000 a yearRenewal, September 2021: AED 160,000 a yearNew contract, September 2023: AED 160,000 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 5603 sits

All 83 3-beds →

5603 last sold in August 2016 at AED 2,770 per sqft, in line with what three-beds in Noura Tower were fetching at the time (AED 2,744). 5603's AED 160,000 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
56023-bedAED 2.45M · Dec 2021
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

5603, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 22 August 2016 for AED 5,375,914, or AED 2,770 per sqft.
  • Rented since September 2019 on 5 Ejari contracts, from AED 138,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2016 price is 3.0%, before a service charge of about AED 30,100 a year (AED 15.53 per sqft).

Source: Dubai Land Department. Updated 1 September 2023.

Questions about 5603, Noura Tower

What did unit 5603 last sell for?

AED 5,375,914 on 22 August 2016, sold by the developer: AED 2,770 per sqft for 1,940 sqft. It is the only registered sale of the unit.

What is the rent for unit 5603?

AED 160,000 a year on the contract signed on 1 September 2023. The previous contract, from September 2021, was AED 160,000; the unit has been rented since September 2019.

How big is unit 5603?

1,940 sqft (180.2 sqm): a three-bedroom apartment on the 56th floor of a 68-storey tower completed in 2022.

What is unit 5603 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 5603, Noura Tower

Starts from the last sale price (AED 5.38M, 22 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 5,375,914
Deposit, UAE resident (20%)
AED 1,075,183
Deposit, non-resident (40%)
AED 2,150,366
Monthly over 25 years at 3.7%
AED 21,995

Plus AED 230,799 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →