1,496 sqftNoura Tower, Business Bay · 56th floor · completed 2022

5607, Noura Tower

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5607 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 2.4M22 February 2024
Current rentAED 185K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5607, Noura Tower

What is 5607 worth today?

Last sold for AED 2,400,000 in 2024

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20 Mar 2024RentedNew contract
AED 185,000/yr12 months · AED 124 per sqft
22 Feb 2024SoldReady
AED 2,400,000AED 1,604 per sqft
31 Jul 2021RentedRenewal
AED 65,000/yr24 months · AED 43 per sqft
28 Jan 2021Sold by developerReady
AED 1,944,202AED 1,299 per sqft
31 Jul 2020RentedRenewal
AED 115,000/yr12 months · AED 77 per sqft
31 Jul 2019RentedNew contract
AED 125,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.

Key facts

Type
Apartment
Size
1,496 sqft
Floor
56th of 68
Parking
L1-73
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 23,200 /yr
Last sold
AED 2.4M · February 2024
Building
Noura Tower

About 5607, Noura Tower

5607 is an apartment of 1,496 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 22 February 2024 for AED 2,400,000, or AED 1,604 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 20 March 2024, is AED 185,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 23,200 a year.

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
56033-bedAED 5.38M · Aug 2016
56043-bedAED 3.55M · Jul 2023
56052-bedAED 2.25M · May 2023
56062-bedAED 2.5M · Mar 2025
56082-bedAED 2.2M · Dec 2023

5607, Noura Tower in numbers

  • Sold twice: first on 28 January 2021 for AED 1,944,202, last on 22 February 2024 for AED 2,400,000 (AED 1,604 per sqft).
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 125,000 to AED 65,000 in 2021 and recovered to AED 185,000 by March 2024.
  • At AED 185,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 23,200 a year (AED 15.53 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.

Questions about 5607, Noura Tower

What did unit 5607 last sell for?

AED 2,400,000 on 22 February 2024: AED 1,604 per sqft for 1,496 sqft. The unit has 2 registered sales; the first was AED 1,944,202 in January 2021.

What is the rent for unit 5607?

AED 185,000 a year on the contract signed on 20 March 2024. The previous contract, from July 2021, was AED 65,000; the unit has been rented since July 2019.

How big is unit 5607?

1,496 sqft (139.0 sqm): an apartment on the 56th floor of a 68-storey tower completed in 2022.

What is unit 5607 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 5607, Noura Tower

Starts from the last sale price (AED 2.4M, 22 February 2024). 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 →