Nobles Tower — project image
✓ 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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 69,040 / year
Cash-on-Cash
2.2%
Levered cashflow AED 16,240
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 736,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Nobles Tower — View 2
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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

Published payment summary

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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

Business Bay

Developer and Project Facts

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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RERA Registered
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Property Enquiries

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

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