−5% Nobles Residential Tower
2 BR · Apartment
About the building
51-storey residential building in Business Bay, completed in 2024. Developer — Tiger Properties. Architect — LACASA Architects & Engineering Consultants.
Specifications for Nobles Residential Tower per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
Business Bay
The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
- central location at a discount
- short-let on the canal
- deep tenant demand
What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.
Full district guide →Questions and answers about lot NP9-247481
How much is this 2-bedroom apartment in Nobles Residential Tower?
Lot NP9-247481 is priced at AED 2 299 000, about $626 000. The size is 1 268 sq ft (118 m²), which works out at AED 1 813 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 2 410 561; it is now AED 2 299 000 — AED 111 561 less, or 5%.
How does this price compare with other lots in Nobles Residential Tower?
The database holds 2 lots in Nobles Residential Tower right now, from AED 2 299 000 to AED 2 400 000. 2 of them share this type and bedroom count: this lot is the cheapest.
Is this expensive or cheap for Business Bay?
The database holds 316 lots in Business Bay. The area median is AED 3 048 per sq ft; this lot is at AED 1 813. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 108 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Business Bay area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2024 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 460 000; a loan of AED 1 839 000 over 25 years at 3.75–4.99% a year comes to roughly AED 9 500–10 700 a month. A non-resident puts down from 40% (AED 920 000) and pays about AED 7 100–8 100 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 91 960 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 299 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Nobles Residential Tower?
The building has 51 floors and 549 units. The developer is Tiger Properties. Completion year: 2024. Figures are from the project passport: Propsearch and the Dubai Land Department.
Nobles Residential Tower project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-247481 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Nobles Residential Tower
Reviews from the English YouTube channel — each one with a written breakdown on this site.
More in this building
Nearby in Business Bay
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram