1-bed · 850 sqftNiloofar Tower, Culture Village · 10th floor · completed 2017

1008, 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.

Unit 1008 · DLD and Ejari recordsUpdated 8 June 2026
Last soldAED 1.72M20 April 2011
Current rentAED 47K /yr8 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Niloofar Tower

What is 1008 worth today?

Last sold for AED 1,716,000 in 2011

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8 Jun 2026RentedNew contract
AED 46,875/yr13 months · AED 55 per sqft
1 Dec 2020RentedNew contract
AED 46,000/yr12 months · AED 54 per sqft
1 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
20 Apr 2011Sold by developerOff-plan
AED 1,716,000AED 2,019 per sqft

Source: Dubai Land Department. Updated 8 June 2026.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
10th of 12
Parking
B4-09
Developer
RMG
Completed
2017
Service charge
AED 15,600 /yr
Last sold
AED 1.72M · April 2011

About 1008, Niloofar Tower

1008 is a one-bedroom apartment of 850 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 1,716,000, or AED 2,019 per sqft, in line with the AED 2,078 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 8 June 2026, is AED 46,875 a year: a gross yield of 2.7% on the 2011 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in Niloofar Tower
1M2M2011201420172020Typical sale price by year: 2011 AED 1,950,415; 2013 AED 824,814; 2014 AED 919,097; 2015 AED 1,169,793; 2016 AED 834,008; 2021 AED 675,150Sold by developer, April 2011: AED 1,716,000 (AED 2,019 per sqft)

1008 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in Niloofar Tower
50K60K2018202120242027Typical rent by year: 2018 AED 62,000; 2019 AED 59,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 46,200; 2023 AED 51,410; 2024 AED 55,000; 2025 AED 62,000; 2026 AED 60,000New contract, October 2020: AED 55,000 a yearNew contract, December 2020: AED 46,000 a yearNew contract, June 2026: AED 46,875 a year

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 1008 sits

All 46 1-beds →

1008 last sold in April 2011 at AED 2,019 per sqft, in line with what one-beds in Niloofar Tower were fetching at the time (AED 2,078). 1008's AED 46,875 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Feb 2022598,220
11 Aug 2021750,000
29 Jun 2021675,299
8 Jun 2021675,000
0 1-bed sales in the last 12 months

Niloofar Tower

Building

93 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%
Niloofar Tower, Culture Village: prices, sales and rents →

Other units on the 10th floor

All 93 units in Niloofar Tower
Value
10011-bedAED 1.72M · Apr 2011
10022-bedAED 2.53M · Apr 2011
1003StudioAED 1.33M · Apr 2011
10041-bedAED 2.15M · Apr 2011
10051-bedAED 1.28M · Nov 2014
1006StudioAED 106K · Jan 2020
10072-bedAED 2.75M · Apr 2011

1008, Niloofar Tower in numbers

  • Sold once: by RMG on 20 April 2011 for AED 1,716,000, or AED 2,019 per sqft.
  • Rented since October 2020 on 3 Ejari contracts, from AED 55,000 to AED 46,875 a year.
  • At AED 46,875 a year the gross yield on the 2011 price is 2.7%, before a service charge of about AED 15,600 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 8 June 2026.

Questions about 1008, Niloofar Tower

What did unit 1008 last sell for?

AED 1,716,000 on 20 April 2011, sold by the developer: AED 2,019 per sqft for 850 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 46,875 a year on the contract signed on 8 June 2026. The previous contract, from December 2020, was AED 46,000; the unit has been rented since October 2020.

How big is unit 1008?

850 sqft (79.0 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower completed in 2017.

What is unit 1008 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 1008, Niloofar Tower

Starts from the last sale price (AED 1.72M, 20 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,716,000
Deposit, UAE resident (20%)
AED 343,200
Deposit, non-resident (40%)
AED 686,400
Monthly over 25 years at 3.7%
AED 7,021

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →