Nobles Tower
✓ Resale Available

Nobles Tower

From AED 1.60M·Completed Dec 2024·Accepted payment methods: cash, bank_transfer, bank_check Payment
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AED 1.60M
Starting Price
Dec 2024
Handover
Accepted payment methods: cash, bank_transfer, bank_check
Payment Plan
1 BR · 3 BR
Type

Project Overview

Nobles Tower is a modern residential complex from the developer Tiger Group, located in the heart of Dubai - in the Business Bay area. The tower rises above the city on 50 floors, among which 5 floors are allocated for covered parking, and on 45 floors there are elegant apartments with 1-3 bedrooms with fantastic views of the city and the seafront of Business Bay. All residences are adorned with modern and sophisticated finishes with both aesthetics and practicality in mind. Among the amenities of the complex are a gym with state-of-the-art equipment, a large swimming pool and jogging and walking paths with a total length of 83 meters. There are cafes, restaurants, supermarkets and stores within walking distance of the complex. Business Bay is the epicenter of business activity in the city. Residents of the complex can enjoy easy access to city facilities, as well as to the main thoroughfares of the city, which makes traveling around the city fast and convenient. Downtown Dubai, Burj Khalifa, Dubai Mall and Jumeirah Beach are all within a 5-10 minute radius, while the Burj Al Arab, Mall of the Emirate, Palm Jumeirah and Dubai Marina are no more than 20 minutes away. Nobles Tower offers the highest levels of luxury, comfort and convenience combined with a vibrant and dynamic neighborhood atmosphere. This development is ideal for those seeking the benefits of a modern urban lifestyle and a high degree of comfort.

Project Specifications
DeveloperTiger Group
LocationBusiness Bay
Unit Types1 BR, 3 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 69,040 / year
Cash-on-Cash
1.8%
Levered cashflow AED 16,240
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 104,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Nobles Tower launch basis1,778AED 1.60MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

Nobles Tower — View 2
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Nobles Tower official render 1

Nobles Tower official render 1

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Nobles Tower official render 2

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Nobles Tower official render 3

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Nobles Tower official render 9

Nobles Tower official render 10

Nobles Tower official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Tiger Group.

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Payment Structure

Accepted payment methods: cash, bank_transfer, bank_check

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
Central A/C
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Pets Allowed
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Walking paths

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Nobles Tower by Tiger Group

02

Located in Business Bay

03

Starting from AED 1,600,000

04

Unit mix includes 1 BR, 3 BR, Apartments

05

Expected handover: Dec 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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