3-bed · 1,976 sqftNoura Tower, Business Bay · 58th floor · completed 2022

5804, Noura Tower

Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5804 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 5.44M25 July 2016
Current rentAED 200K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5804, Noura Tower

What is 5804 worth today?

Last sold for AED 5,439,533 in 2016

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15 May 2023RentedNew contract
AED 200,000/yr12 months · AED 101 per sqft
5 Nov 2021RentedRenewal
AED 115,500/yr12 months · AED 58 per sqft
5 Nov 2020RentedNew contract
AED 105,000/yr12 months · AED 53 per sqft
25 Jul 2016Sold by developerOff-plan
AED 5,439,533AED 2,752 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
3-bed apartment
Size
1,976 sqft
Floor
58th of 68
Parking
L1-164,L1-165
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 30,700 /yr
Last sold
AED 5.44M · July 2016
Building
Noura Tower

About 5804, Noura Tower

5804 is a three-bedroom apartment of 1,976 sqft on the 58th 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 25 July 2016 for AED 5,439,533, or AED 2,752 per sqft, in line with the AED 2,704 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 May 2023, is AED 200,000 a year: a gross yield of 3.7% on the 2016 price, before the service charge of about AED 30,700 a year.

Sales and rents for 5804 over time

Sales
Unit 5804, 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, July 2016: AED 5,439,533 (AED 2,752 per sqft)

5804 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5804, 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, November 2020: AED 105,000 a yearRenewal, November 2021: AED 115,500 a yearNew contract, May 2023: AED 200,000 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 5804 sits

All 83 3-beds →

5804 last sold in July 2016 at AED 2,752 per sqft, in line with what three-beds in Noura Tower were fetching at the time (AED 2,704). 5804's AED 200,000 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 58th floor

All 543 units in Noura Tower
Value
58013-bedAED 5.09M · Jul 2016
58023-bedAED 5.25M · Jul 2016
58033-bedAED 5.4M · Jul 2016
58052-bedAED 3.98M · Jul 2016
58062-bedAED 3.52M · Jul 2016
58072-bedAED 3.96M · Jul 2016
58082-bedAED 3.49M · Jul 2016

5804, Noura Tower in numbers

  • Sold once: by Al Habtoor City Real Estate Development on 25 July 2016 for AED 5,439,533, or AED 2,752 per sqft.
  • Rented since November 2020 on 3 Ejari contracts, from AED 105,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2016 price is 3.7%, before a service charge of about AED 30,700 a year (AED 15.53 per sqft).

Source: Dubai Land Department. Updated 15 May 2023.

Questions about 5804, Noura Tower

What did unit 5804 last sell for?

AED 5,439,533 on 25 July 2016, sold by the developer: AED 2,752 per sqft for 1,976 sqft. It is the only registered sale of the unit.

What is the rent for unit 5804?

AED 200,000 a year on the contract signed on 15 May 2023. The previous contract, from November 2021, was AED 115,500; the unit has been rented since November 2020.

How big is unit 5804?

1,976 sqft (183.6 sqm): a three-bedroom apartment on the 58th floor of a 68-storey tower completed in 2022.

What is unit 5804 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 5804, Noura Tower

Starts from the last sale price (AED 5.44M, 25 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 5,439,533
Deposit, UAE resident (20%)
AED 1,087,907
Deposit, non-resident (40%)
AED 2,175,813
Monthly over 25 years at 3.7%
AED 22,255

Plus AED 233,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →