1103, Niloofar Tower
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1103, Niloofar Tower
What is 1103 worth today?
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Source: Dubai Land Department. Updated 7 July 2022.
Key facts
- Type
- Studio apartment
- Size
- 654 sqft
- Floor
- 11th of 12
- Parking
- G-09
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 12,000 /yr
- Last sold
- AED 465K · February 2022
- Building
- Niloofar Tower
About 1103, Niloofar Tower
1103 is a studio of 654 sqft on the 11th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 21 February 2022 for AED 465,330, or AED 711 per sqft, in line with the AED 711 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 7 July 2022, is AED 33,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 12,000 a year.
Sales and rents for 1103 over time
1103 has sold twice; 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 1103 sits
All 24 studios →1103 last sold in February 2022 at AED 711 per sqft, in line with what studios in Niloofar Tower were fetching at the time (AED 711). 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. 1103's AED 33,000 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 | ||
| 17 Oct 202117 October 2021 | 535 sqft | 400,000 | 748 |
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 11th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 908 sqft | AED 722KAED 721,717 · Jul 2016July 2016 | 58,000 /yr | |
| 1102 | 2-bed | 1,257 sqft | AED 1.32MAED 1,320,197 · Jan 2018January 2018 | 85,000 /yr | |
| 1104 | 1-bed | 1,028 sqft | AED 822KAED 822,104 · Aug 2016August 2016 | 45,000 /yr | |
| 1105 | 1-bed | 1,006 sqft | AED 805KAED 804,968 · Aug 2016August 2016 | 60,000 /yr | |
| 1106 | Studio | 534 sqft | AED 401KAED 400,823 · Feb 2017February 2017 | 43,000 /yr | |
| 1107 | 2-bed | 1,368 sqft | AED 1.44MAED 1,436,726 · Jan 2018January 2018 | 80,000 /yr | |
| 1108 | 1-bed | 909 sqft | AED 954KAED 954,461 · Jan 2018January 2018 | 70,000 /yr |
1103, Niloofar Tower in numbers
- Sold twice: first on 6 February 2017 for AED 490,185, last on 21 February 2022 for AED 465,330 (AED 711 per sqft).
- Rented since July 2019 on 4 Ejari contracts, from AED 40,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2022 price is 7.1%, 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 7 July 2022.
Questions about 1103, Niloofar Tower
What did unit 1103 last sell for?
AED 465,330 on 21 February 2022: AED 711 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 490,185 in February 2017.
What is the rent for unit 1103?
AED 33,000 a year on the contract signed on 7 July 2022. The previous contract, from July 2021, was AED 33,000; the unit has been rented since July 2019.
How big is unit 1103?
654 sqft (60.8 sqm): a studio on the 11th floor of a 12-storey tower completed in 2017.
What is unit 1103 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 1103, Niloofar Tower
Starts from the last sale price (AED 465K, 21 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 465,330
- Deposit, UAE resident (20%)
- AED 93,066
- Deposit, non-resident (40%)
- AED 186,132
- Monthly over 25 years at 3.7%
- AED 1,904
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →