Dubai Land Department Off-Plan Register

Noura Tower Launch Prices

Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

211 developer launch sales registered at Noura Tower between Jun 2016 and Dec 2019: 100% apartments, most commonly 1-bed units, typically around 1,347 sqft.

Launch sales
211
DLD off-plan registrations, all time
Median launch /sqft
AED 2,215
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,557,4429,962,496
Min – max registered

Bed mix: 1-bed 46% · 2-bed 43% · 3-bed 9% · 4+-bed 2%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Noura Tower, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2016 Q212AED 2,443
2016 Q360AED 2,318
2016 Q437AED 2,235
2017 Q118AED 2,308
2017 Q232AED 1,984
2017 Q314AED 1,848
2017 Q47AED 1,820
2018 Q12AED 1,900
2018 Q32AED 1,606
2018 Q414AED 1,548
2019 Q110AED 1,576
2019 Q22AED 1,389
2019 Q41AED 2,019
Two different markets

Launch vs Resale

Noura Tower also has 394 ready-market resales registered with the DLD, the first on 1 April 2019 - 34 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
394
97 in the last 2 years
Resale median /sqft
AED 1,796
last 2 years
Resale vs launch
-19%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Noura Tower →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
872 sqft · 5 December 2019
AED 1,760,961
AED 2,019 /sqft
Apartment · 2 Bed
1,368 sqft · 10 April 2019
AED 1,900,000
AED 1,389 /sqft
Apartment · 2 Bed
1,368 sqft · 10 April 2019
AED 1,900,000
AED 1,389 /sqft
Apartment · 2 Bed
1,518 sqft · 21 January 2019
AED 2,331,224
AED 1,536 /sqft
Apartment · 3 Bed
2,976 sqft · 16 January 2019
AED 7,601,526
AED 2,554 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Business Bay

Off-plan in Business Bay

Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.

All Business Bay projects

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