1104, Niloofar Tower
Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1104, Niloofar Tower
What is 1104 worth today?
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Source: Dubai Land Department. Updated 15 March 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,028 sqft
- Floor
- 11th of 12
- Parking
- B4-13
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 18,900 /yr
- Last sold
- AED 822K · August 2016
- Building
- Niloofar Tower
About 1104, Niloofar Tower
1104 is a one-bedroom apartment of 1,028 sqft on the 11th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. The developer sold it on 2 August 2016 for AED 822,104, or AED 799 per sqft, 11% below the AED 899 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 March 2021, is AED 45,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 18,900 a year.
Sales and rents for 1104 over time
1104 has sold once; 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 1104 sits
All 46 1-beds →1104 last sold in August 2016 at AED 799 per sqft, 11% below what one-beds in Niloofar Tower were fetching at the time (AED 899). 1104's AED 45,000 is at the bottom 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 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 | |
| 1103 | Studio | 654 sqft | AED 465KAED 465,330 · Feb 2022February 2022 | 33,000 /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 |
1104, Niloofar Tower in numbers
- Sold once: by RMG on 2 August 2016 for AED 822,104, or AED 799 per sqft.
- Rented since February 2019 on 3 Ejari contracts, from AED 60,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 18,900 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 15 March 2021.
Questions about 1104, Niloofar Tower
What did unit 1104 last sell for?
AED 822,104 on 2 August 2016, sold by the developer: AED 799 per sqft for 1,028 sqft. It is the only registered sale of the unit.
What is the rent for unit 1104?
AED 45,000 a year on the contract signed on 15 March 2021. The previous contract, from February 2020, was AED 54,000; the unit has been rented since February 2019.
How big is unit 1104?
1,028 sqft (95.5 sqm): a one-bedroom apartment on the 11th floor of a 12-storey tower completed in 2017.
What is unit 1104 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 1104, Niloofar Tower
Starts from the last sale price (AED 822K, 2 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 822,104
- Deposit, UAE resident (20%)
- AED 164,421
- Deposit, non-resident (40%)
- AED 328,842
- Monthly over 25 years at 3.7%
- AED 3,363
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →