Large Layout | Panoramic Views | Exclusive | Apartment in Business Bay
AED 2,540,000

AED 2,005 per sqft

Permit Pending Verification

Large Layout | Panoramic Views | Exclusive | Apartment in Business Bay

Business Bay, Dubai
Listed 144 days ago
2
Beds
2
Baths
1,267
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Noora Tower, Business Bay. This 1267 sqft property offers excellent value at AED 2,540,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views11
Reference0bb10509-402d-4e8d-a92f-23bc86e90261

Area & Neighborhood Guide

8.7/10
Investment Score
8.2%
Avg. Yield
+18.3%
1Y Growth
High
Market
Schools
1
Healthcare
1
Transport
1
Retail
1
Green space
0
Waterfront
0

Nearby Amenities & Landmarks

Bay Avenue Mall
Dubai Canal
Business Bay Metro
JW Marriott
GEMS Modern Academy
Aster Hospital
Canal Walk

Upcoming Developments

Canal District Phase 3
New commercial towers
Waterfront promenade extension

Demographics

45K+
Residents
31
Avg. Age
88%
Expats

Premium Property

Positioned above market average

This is a premium-positioned property in Business Bay. Asking AED 2,005/sqft vs market average of AED 1,860/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 2,005/sqft
Area benchmark unavailable
Asking priceAED 2,540,000
DLD transfer fee (4%)AED 101,600
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 5,053
Agency commission (2%)AED 50,800
Est. total transaction costAED 2,701,653

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Above Average

Above Average - 11% Premium

This property is priced above the area average. Consider negotiating or comparing similar units.

Price per sqft comparisonBusiness Bay · 2 BR apartment
This PropertyAED 2,005/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

Similar Units

1

Similar apartment in Business Bay
Avg: AED 1.3MPSF: AED 1,908Range: AED 1.3M – AED 1.3M

PropertyIndex.ae • Updated 2026-02-22

Business Bay Market Intelligence

Full Report
Avg Price/SqftAED 1,993
Active Listings96
Trendup
Price History (per sqft)
AED 1,870
Dec
AED 2,067
Jan
AED 1,952
Feb
AED 2,110
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 5 rental comparables in Business Bay

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
9.25%
After charges
Estimated Rental Income
Monthly
AED 21,167
Annual
AED 254,000
Service Charge: AED 19,005/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average11.1% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 11,867

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 508,000)
5%80%
4.99%
2%8%
Property PriceAED 2,540,000
Loan AmountAED 2,032,000
Total InterestAED 1,528,110
Total Cost (Principal + Interest)AED 3,560,110

Estimated Upfront Costs

Down PaymentAED 508,000
DLD Registration (4%)AED 101,600
Agency Fee (2%)AED 50,800
Total UpfrontAED 660,400

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in Business Bay

AED 2.36M

Avg. Price

AED 1,702.55

Avg. /sqft

5

Transactions

AED 2.37M6.8% lower
17 Mar 2026 2 Bed 1,337 sqftAED 1,771/sqft
Completed Sale
AED 2.51M1.2% lower
15 Feb 2026 2 Bed 1,537 sqftAED 1,633/sqft
Completed Sale
AED 2.13M16.0% lower
16 Jan 2026 2 Bed 1,353 sqftAED 1,577/sqft
Completed Sale
AED 2.18M14.1% lower
17 Dec 2025 2 Bed 1,293 sqftAED 1,688/sqft
Completed Sale
AED 2.61M2.7% higher
17 Dec 2025 2 Bed 1,416 sqftAED 1,843/sqft
Completed Sale

Transactions shown are for similar apartments in Business Bay. Prices may vary based on floor, view, and finishing.

Similar Properties

2-Bedroom apartment in Business Bay