3-bed · 1,953 sqftNoura Tower, Business Bay · 57th floor · completed 2022

5704, Noura Tower

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

Unit 5704 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 3.36M17 June 2020
Current rentAED 235K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5704, Noura Tower

What is 5704 worth today?

Last sold for AED 3,361,753 in 2020

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15 Jun 2023RentedNew contract
AED 235,000/yr12 months · AED 121 per sqft
6 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft
17 Jun 2020Sold by developerReady
AED 3,361,753AED 1,721 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
3-bed apartment
Size
1,953 sqft
Floor
57th of 68
Parking
L2-303 (Tandem)
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,300 /yr
Last sold
AED 3.36M · June 2020
Building
Noura Tower

About 5704, Noura Tower

5704 is a three-bedroom apartment of 1,953 sqft on the 57th 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 17 June 2020 for AED 3,361,753, or AED 1,721 per sqft, in line with the AED 1,682 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 June 2023, is AED 235,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 30,300 a year.

Sales and rents for 5704 over time

Sales
Unit 5704, 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 3,361,753 (AED 1,721 per sqft)

5704 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5704, each contractTypical three-bed in Noura Tower
100K200K2019202120232025Typical 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, December 2020: AED 110,000 a yearNew contract, June 2023: AED 235,000 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 5704 sits

All 83 3-beds →

5704 last sold in June 2020 at AED 1,721 per sqft, in line with what three-beds in Noura Tower were fetching at the time (AED 1,682). 5704's AED 235,000 is in the lower half 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 57th floor

All 543 units in Noura Tower
Value
57013-bedAED 3.38M · Jun 2020
57023-bedAED 3.5M · Jul 2025
57033-bedAED 4M · Apr 2025
57052-bedAED 2M · Sep 2022
57062-bedAED 1.66M · Apr 2021
57072-bedAED 2.55M · Sep 2023
57082-bedAED 1.63M · Mar 2021

5704, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 17 June 2020 for AED 3,361,753, or AED 1,721 per sqft.
  • Rented since December 2020 on 2 Ejari contracts, from AED 110,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 30,300 a year (AED 15.53 per sqft).

Source: Dubai Land Department. Updated 15 June 2023.

Questions about 5704, Noura Tower

What did unit 5704 last sell for?

AED 3,361,753 on 17 June 2020, sold by the developer: AED 1,721 per sqft for 1,953 sqft. It is the only registered sale of the unit.

What is the rent for unit 5704?

AED 235,000 a year on the contract signed on 15 June 2023. The previous contract, from December 2020, was AED 110,000.

How big is unit 5704?

1,953 sqft (181.4 sqm): a three-bedroom apartment on the 57th floor of a 68-storey tower completed in 2022.

What is unit 5704 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 5704, Noura Tower

Starts from the last sale price (AED 3.36M, 17 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,361,753
Deposit, UAE resident (20%)
AED 672,351
Deposit, non-resident (40%)
AED 1,344,701
Monthly over 25 years at 3.7%
AED 13,754

Plus AED 146,204 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →