1005, Niloofar Tower
Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Niloofar Tower
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 958 sqft
- Floor
- 10th of 12
- Parking
- B4-08
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 17,600 /yr
- Last sold
- AED 1.28M · November 2014
- Building
- Niloofar Tower
About 1005, Niloofar Tower
1005 is a one-bedroom apartment of 958 sqft on the 10th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 23 November 2014 for AED 1,278,812, or AED 1,334 per sqft, 51% above the AED 884 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 March 2025, is AED 59,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 17,600 a year.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Niloofar Tower, and where 1005 sits
All 46 1-beds →1005 last sold in November 2014 at AED 1,334 per sqft, 51% above what one-beds in Niloofar Tower were fetching at the time (AED 884). 1005's AED 59,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Feb 202221 February 2022 | 908 sqft | 598,220 | 658 | ||
| 11 Aug 202111 August 2021 | 924 sqft | 750,000 | 811 | ||
| 29 Jun 202129 June 2021 | 917 sqft | 675,299 | 736 | ||
| 8 Jun 20218 June 2021 | 897 sqft | 675,000 | 752 |
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 | |
| 1003 | Studio | 654 sqft | AED 1.33MAED 1,327,445 · Apr 2011April 2011 | 36,000 /yr | |
| 1004 | 1-bed | 980 sqft | AED 2.15MAED 2,145,640 · Apr 2011April 2011 | 45,000 /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 |
1005, Niloofar Tower in numbers
- Sold twice: first on 17 March 2014 for AED 811,944, last on 23 November 2014 for AED 1,278,812 (AED 1,334 per sqft).
- Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 62,000 to AED 49,000 in 2022 and recovered to AED 59,000 by March 2025.
- At AED 59,000 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 17,600 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 1 March 2025.
Questions about 1005, Niloofar Tower
What did unit 1005 last sell for?
AED 1,278,812 on 23 November 2014: AED 1,334 per sqft for 958 sqft. The unit has 2 registered sales; the first was AED 811,944 in March 2014.
What is the rent for unit 1005?
AED 59,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 59,000; the unit has been rented since July 2018.
How big is unit 1005?
958 sqft (89.0 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower completed in 2017.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1005, Niloofar Tower
Starts from the last sale price (AED 1.28M, 23 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,278,812
- Deposit, UAE resident (20%)
- AED 255,762
- Deposit, non-resident (40%)
- AED 511,525
- Monthly over 25 years at 3.7%
- AED 5,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →