102, Niloofar Tower
Sold prices and rental history: sold twice, last in August 2013, 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 102, Niloofar Tower
What is 102 worth today?
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Source: Dubai Land Department. Updated 1 September 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,533 sqft
- Floor
- 1st of 12
- Parking
- B1-21
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 28,200 /yr
- Last sold
- AED 850K · August 2013
- Building
- Niloofar Tower
About 102, Niloofar Tower
102 is a two-bedroom apartment of 1,533 sqft on the 1st floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 21 August 2013 for AED 850,000, or AED 554 per sqft, 53% below the AED 1,185 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 50,000 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 28,200 a year.
Sales and rents for 102 over time
102 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Niloofar Tower, and where 102 sits
All 23 2-beds →102 last sold in August 2013 at AED 554 per sqft, 53% below what two-beds in Niloofar Tower were fetching at the time (AED 1,185). 102's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20217 October 2021 | 1,280 sqft | 800,000 | 624 | ||
| 2 Aug 20212 August 2021 | 1,289 sqft | 1,250,000 | 969 | ||
| 29 Jun 202129 June 2021 | 1,257 sqft | 914,951 | 727 | ||
| 29 Jan 201829 January 2018 | 1,368 sqft | 1,436,726 | 1,049 |
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 1st floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 898 sqft | AED 600KAED 600,000 · Aug 2013August 2013 | 60,000 /yr | |
| 103 | Studio | 1,290 sqft | AED 900KAED 900,000 · Jun 2026June 2026 | 33,000 /yr | |
| 104 | 1-bed | 1,748 sqft | AED 1.47MAED 1,474,368 · Nov 2015November 2015 | ||
| 105 | 1-bed | 1,725 sqft | AED 1.5MAED 1,499,657 · Feb 2014February 2014 | 57,000 /yr | |
| 106 | Studio | 1,140 sqft | AED 1.4MAED 1,400,000 · Nov 2015November 2015 | ||
| 107 | 2-bed | 1,665 sqft | AED 1.3MAED 1,303,333 · Dec 2013December 2013 | 79,009 /yr | |
| 108 | 1-bed | 899 sqft | AED 600KAED 600,000 · Aug 2013August 2013 | 57,752 /yr |
102, Niloofar Tower in numbers
- Sold twice: first on 11 February 2013 for AED 1,817,828, last on 21 August 2013 for AED 850,000 (AED 554 per sqft).
- Rented since August 2018 on 5 Ejari contracts, from AED 70,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2013 price is 5.9%, before a service charge of about AED 28,200 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 1 September 2021.
Questions about 102, Niloofar Tower
What did unit 102 last sell for?
AED 850,000 on 21 August 2013: AED 554 per sqft for 1,533 sqft. The unit has 2 registered sales; the first was AED 1,817,828 in February 2013.
What is the rent for unit 102?
AED 50,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 50,000; the unit has been rented since August 2018.
How big is unit 102?
1,533 sqft (142.4 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2017.
What is unit 102 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 102, Niloofar Tower
Starts from the last sale price (AED 850K, 21 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →