1003, Niloofar Tower
Sold prices and rental history: sold once, by the developer in April 2011, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Niloofar Tower
What is 1003 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 654 sqft
- Floor
- 10th of 12
- Parking
- B4-02
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 12,000 /yr
- Last sold
- AED 1.33M · April 2011
- Building
- Niloofar Tower
About 1003, Niloofar Tower
1003 is a studio of 654 sqft on the 10th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. The developer sold it on 20 April 2011 for AED 1,327,445, or AED 2,031 per sqft, in line with the AED 2,031 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 September 2026, is AED 36,000 a year: a gross yield of 2.7% on the 2011 price, before the service charge of about AED 12,000 a year.
Sales and rents for 1003 over time
1003 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Niloofar Tower, and where 1003 sits
All 24 studios →1003 last sold in April 2011 at AED 2,031 per sqft, in line with what studios in Niloofar Tower were fetching at the time (AED 2,031). Over the last 12 months studios sold for AED 650,000 to 900,000, around AED 957 per sqft, and rent for AED 36,000 to 55,000 a year. 1003's AED 36,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 1,290 sqft | 900,000 | 697 | ||
| 17 Mar 202617 March 2026 | 535 sqft | 650,000 | 1,216 | ||
| 11 Apr 202211 April 2022 | 535 sqft | 430,000 | 804 | ||
| 21 Feb 202221 February 2022 | 654 sqft | 465,330 | 711 |
Niloofar Tower
Building93 apartments, studios to 2-bed over 12 floors in Culture Village, completed in 2017 by RMG. 2 sold in the last 12 months.
- Typical price per sqft
- AED 957
- Typical sale
- AED 775K
- Typical rent
- AED 60K /yr
- Typical yield
- 6.8%
Other units on the 10th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 849 sqft | AED 1.72MAED 1,716,000 · Apr 2011April 2011 | 46,000 /yr | |
| 1002 | 2-bed | 1,257 sqft | AED 2.53MAED 2,526,930 · Apr 2011April 2011 | 57,500 /yr | |
| 1004 | 1-bed | 980 sqft | AED 2.15MAED 2,145,640 · Apr 2011April 2011 | 45,000 /yr | |
| 1005 | 1-bed | 958 sqft | AED 1.28MAED 1,278,812 · Nov 2014November 2014 | 59,000 /yr | |
| 1006 | Studio | 107 sqft | AED 106KAED 106,000 · Jan 2020January 2020 | 46,000 /yr | |
| 1007 | 2-bed | 1,368 sqft | AED 2.75MAED 2,752,310 · Apr 2011April 2011 | 70,000 /yr | |
| 1008 | 1-bed | 850 sqft | AED 1.72MAED 1,716,000 · Apr 2011April 2011 | 46,875 /yr |
1003, Niloofar Tower in numbers
- Sold once: by RMG on 20 April 2011 for AED 1,327,445, or AED 2,031 per sqft.
- Rented since August 2020 on 2 Ejari contracts, at AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2011 price is 2.7%, before a service charge of about AED 12,000 a year (AED 18.38 per sqft).
- Studios in Niloofar Tower sold for AED 650,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 957 per sqft.
Source: Dubai Land Department. Updated 15 September 2026.
Questions about 1003, Niloofar Tower
What did unit 1003 last sell for?
AED 1,327,445 on 20 April 2011, sold by the developer: AED 2,031 per sqft for 654 sqft. It is the only registered sale of the unit.
What is the rent for unit 1003?
AED 36,000 a year on the contract signed on 15 September 2026. The previous contract, from August 2020, was AED 36,000.
How big is unit 1003?
654 sqft (60.8 sqm): a studio on the 10th floor of a 12-storey tower completed in 2017.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Niloofar Tower sold for AED 650,000 to 900,000 in the last 12 months, around AED 957 per sqft.
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Mortgage on 1003, Niloofar Tower
Starts from the last sale price (AED 1.33M, 20 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,327,445
- Deposit, UAE resident (20%)
- AED 265,489
- Deposit, non-resident (40%)
- AED 530,978
- Monthly over 25 years at 3.7%
- AED 5,431
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →