What is the best area to invest in Abu Dhabi?

Al Reem Island, Yas Island, and Saadiyat Island are among the strongest investment areas in Abu Dhabi. Al Reem Island offers the highest liquidity with gross rental yields of 6–8%. Yas Island provides strong short-term rental returns of 15–22%. Saadiyat Island is preferred for long-term capital appreciation and prestige.

How do I get a UAE Golden Visa through property?

Investing AED 2 million or more in UAE property qualifies for a 10-year UAE Golden Visa. The property must be completed (ready). The visa covers the investor plus spouse, children, and parents. District Real Estate specialises in helping clients select Golden Visa-qualifying properties.

What is the average rental yield in Abu Dhabi?

Gross rental yields in Abu Dhabi average 6–8% depending on area and property type. Al Reem Island and Yas Island typically deliver the strongest yields. Masdar City can achieve 7–9% due to strong corporate demand. Saadiyat Island yields are lower at 5–6% but offers stronger capital appreciation.

Can foreigners buy property in Abu Dhabi?

Yes, foreigners can buy freehold property in designated investment zones in Abu Dhabi, including Yas Island, Saadiyat Island, Al Reem Island, Al Raha Beach, and Masdar City. There is no property tax or capital gains tax in the UAE.

What is a typical off-plan payment plan in UAE?

Typical off-plan payment plans in UAE require 10% down payment, 40% during construction, and 50% on handover. Many developers now offer post-handover payment plans where 40% is paid over 3 years after handover. Abu Dhabi registration fee is 2% and Dubai DLD transfer fee is 4%.

How is District Real Estate different from other agencies?

District Real Estate has operated in Abu Dhabi since 2014 with offices in Abu Dhabi, Dubai and Cairo. We offer a full range of services including off-plan sales, secondary market, leasing, property management and Golden Visa advisory. Our property advisor Dhabi AI provides instant market intelligence 24/7.

What is the minimum property investment for UAE Golden Visa?

The minimum property investment for a UAE Golden Visa is AED 2,000,000 (approximately USD 545,000). The property must be a completed unit. Multiple properties can be combined to reach the AED 2M threshold. The Golden Visa provides 10-year UAE residency.

Should I invest in Abu Dhabi or Dubai property?

Abu Dhabi typically offers higher rental yields (6–8%) and stronger government stability, while Dubai offers a more liquid market and stronger short-term rental potential. Abu Dhabi is generally preferred by investors seeking income and capital preservation, while Dubai attracts investors seeking liquidity and global profile.

Nobles Residential Tower — Business Bay, Dubai

Nobles Residential Tower is a distinguished residential address nestled in the heart of Business Bay, one of Dubai's most dynamic and sought-after urban districts. Rising above the iconic Dubai Water Canal, this tower offers residents an enviable blend of cosmopolitan city living and refined residential comfort. The building's contemporary architectural design reflects the ambitious skyline that defines Business Bay, with clean lines and a modern facade that commands attention among the area's impressive collection of towers. Designed to cater to a diverse range of residents — from young professionals and couples to small families — Nobles Residential Tower offers a variety of apartment configurations to suit different lifestyle needs and budgets. Interiors are thoughtfully finished, combining functional layouts with modern aesthetics that create welcoming, livable spaces. Large windows frame captivating views of the canal, the Dubai Creek extension, or the glittering city skyline, depending on the unit's orientation and floor level. Living at Nobles Residential Tower means being immersed in one of Dubai's most energetic business and lifestyle destinations. Business Bay is home to hundreds of multinational corporations, boutique offices, world-class dining venues, and upscale retail outlets, meaning residents enjoy the luxury of having virtually everything within walking distance or a short drive. The waterfront promenade along the Dubai Water Canal is a particular highlight, offering a scenic route for joggers, cyclists, and evening strollers. The building provides residents with a selection of standard yet essential amenities that support a comfortable and active urban lifestyle. With proximity to Downtown Dubai, DIFC, and Sheikh Zayed Road, Nobles Residential Tower positions its residents at the very centre of Dubai's commercial and cultural gravity, making it an ideal home for those who want to live where the city truly comes alive.

Developer: Prescott Real Estate Developments

Facilities: Swimming pool with sun deck, Fully equipped gymnasium, 24-hour security and CCTV surveillance, Covered basement parking, High-speed passenger elevators, Lobby concierge and reception services, Children's play area, Building maintenance and facilities management, Steam room and sauna, Dedicated bicycle storage

DRE Advisory:

Nearby: Dubai Water Canal, Burj Khalifa, Dubai Mall, Dubai Opera, Souk Al Bahar, DIFC (Dubai International Financial Centre)

Residential Tower

Nobles Residential Tower

Business Bay · Dubai · Prescott Real Estate Developments

2019

Year Built

AED 15–19 / sqft (est.)

Est. Service Charge / year

Estimated range based on community averages. Verify with the owners association before purchase.

Dhabi AI

UAE Property Intelligence

Available now

I can see you're looking at Nobles Residential Tower in Business Bay, Dubai. Developed by Prescott Real Estate Developments in 2019. It's a residential tower. Business Bay remains one of Dubai's most compelling investment destinations, and Nobles Residential Tower benefits directly from the area's strong fundamentals. Service charge runs AED 17/sqft/year. What would you like to know — pricing, rental yields, or how it compares to similar buildings?

Dhabi AI · UAE Property Intelligence

About Nobles Residential Tower

DRE Advisory

District Real Estate has specialist knowledge of Nobles Residential Tower and the wider Business Bay sub-market. Contact our advisory team for current resale inventory, yield analysis, and transaction support.

Community Feel

Nobles Residential Tower attracts a cosmopolitan mix of residents — predominantly mid-to-senior level professionals, entrepreneurs, and expatriates from across the globe who thrive on the energy of Business Bay's fast-paced environment. The community is vibrant yet functional, with neighbours who value convenience, connectivity, and a polished urban lifestyle. Day-to-day life here revolves around the buzz of the district — morning coffee at nearby canal-side cafés, lunch meetings in Business Bay's corporate hubs, and evening walks along the waterfront promenade. The atmosphere is professional by day and sociable by night, creating a well-rounded residential experience for those who want to live at the centre of Dubai's action.

Investment Outlook

Business Bay remains one of Dubai's most compelling investment destinations, and Nobles Residential Tower benefits directly from the area's strong fundamentals. Residential yields in Business Bay typically range between 6% and 8% annually, driven by consistent demand from the district's large base of corporate tenants, entrepreneurs, and expatriate professionals. The tower's variety of unit types broadens its appeal across multiple tenant segments, supporting strong occupancy rates year-round. Capital appreciation in Business Bay has demonstrated resilience and upward momentum over recent years, underpinned by ongoing infrastructure enhancements, the maturation of the waterfront, and Dubai's continued status as a global business hub. Investors purchasing units in Nobles Residential Tower can expect sustained demand as the area continues to densify with office developments and lifestyle amenities. The tower appeals to both end-users seeking a premium urban lifestyle and buy-to-let investors looking for reliable rental income. Its central location, combined with relatively accessible entry price points compared to neighbouring Downtown Dubai, makes it particularly attractive to first-time investors and portfolio diversifiers seeking exposure to prime Dubai real estate.

Building Facilities

Swimming pool with sun deck

Fully equipped gymnasium

24-hour security and CCTV surveillance

Covered basement parking

High-speed passenger elevators

Lobby concierge and reception services

Children's play area

Building maintenance and facilities management

Steam room and sauna

Dedicated bicycle storage

Getting Around

Nobles Residential Tower enjoys excellent connectivity across Dubai. The Business Bay Metro Station on the Red Line is within easy reach, providing direct access to Downtown Dubai, Dubai Marina, and Dubai International Airport. Sheikh Zayed Road and Al Khail Road are both accessible within minutes, enabling swift drives to DIFC (5 minutes), Downtown Dubai (7 minutes), and Dubai Mall (10 minutes). RTA buses and ride-hailing services operate frequently throughout the area, and the Dubai Water Canal taxi service offers a scenic alternative mode of transport connecting Business Bay to surrounding neighbourhoods.

Nearby Landmarks

Dubai Water Canal
Burj Khalifa
Dubai Mall
Dubai Opera
Souk Al Bahar
DIFC (Dubai International Financial Centre)

Nearby Buildings

The Oberoi Centre Business Bay

Damac Towers by Paramount

Executive Tower Business Bay

Millennium Binghatti Residences

Bay Square Residences

Frequently Asked Questions

What types of apartments are available in Nobles Residential Tower?

Nobles Residential Tower offers a variety of residential unit types including studios, one-bedroom, and two-bedroom apartments, catering to singles, couples, and small families seeking a well-connected urban lifestyle in Business Bay.

Is Nobles Residential Tower suitable for short-term or holiday rentals?

Business Bay is a highly popular area for short-term rentals due to its proximity to Downtown Dubai and major business hubs. Owners interested in holiday home licensing should confirm the building's specific short-term rental permissions with the building management and Dubai Tourism (DTCM) prior to listing.

What are the typical service charges for apartments in Nobles Residential Tower?

Service charges in Business Bay residential towers generally range from AED 12 to AED 18 per square foot annually, depending on the building's facilities and management. Prospective buyers are advised to confirm the exact service charge rate with the developer or building management before purchase.

How close is Nobles Residential Tower to Business Bay Metro Station?

Business Bay Metro Station on the Dubai Metro Red Line is approximately a 5 to 10 minute walk from the tower, providing convenient and direct access to key destinations including Downtown Dubai, Dubai Marina, and Dubai International Airport.

Are there dining and retail options within walking distance of Nobles Residential Tower?

Yes, Business Bay is extremely well-served by restaurants, cafés, supermarkets, and retail outlets. The Dubai Water Canal promenade features a growing number of waterfront dining venues, and Bay Avenue Mall — one of the area's main retail and dining destinations — is just minutes away by car or foot.

Enquire About Nobles Residential Tower

Our Business Bay specialists have access to current resale inventory, rental listings, and yield data for Nobles Residential Tower. Let us help you make the right move.

Contact an Advisor Explore Business Bay

Building details are indicative and based on DRE research. Unit counts, sizes, and amenities may vary. Not investment advice. Verify all information with DRE advisors before transacting.