1203, Niloofar Tower
Sold prices and rental history: sold once, by the developer in August 2016, 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 1203, Niloofar Tower
What is 1203 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 677 sqft
- Floor
- 12th of 12
- Parking
- B4-20
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 12,500 /yr
- Last sold
- AED 542K · August 2016
- Building
- Niloofar Tower
About 1203, Niloofar Tower
1203 is a studio of 677 sqft on the 12th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. The developer sold it on 1 August 2016 for AED 541,984, or AED 799 per sqft, 11% below the AED 900 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 June 2026, is AED 49,000 a year: a gross yield of 9.0% on the 2016 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1203 over time
1203 has sold once; 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 1203 sits
All 24 studios →1203 last sold in August 2016 at AED 799 per sqft, 11% below what studios in Niloofar Tower were fetching at the time (AED 900). 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. 1203's AED 49,000 is in the upper half 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 | ||
| 21 Feb 202221 February 2022 | 654 sqft | 465,330 | 711 |
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 12th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 908 sqft | AED 598KAED 598,220 · Feb 2022February 2022 | 70,000 /yr | |
| 1202 | 2-bed | 1,178 sqft | AED 947KAED 946,957 · Jul 2016July 2016 | 66,500 /yr | |
| 1206 | Studio | 558 sqft | AED 373KAED 373,000 · Feb 2021February 2021 | 40,000 /yr | |
| 1207 | 2-bed | 1,289 sqft | AED 1.25MAED 1,250,000 · Aug 2021August 2021 | ||
| 1208 | 1-bed | 909 sqft | AED 841KAED 840,834 · Apr 2016April 2016 | 67,000 /yr |
1203, Niloofar Tower in numbers
- Sold once: by RMG on 1 August 2016 for AED 541,984, or AED 799 per sqft.
- Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 32,000 in 2021 and recovered to AED 49,000 by June 2026.
- At AED 49,000 a year the gross yield on the 2016 price is 9.0%, before a service charge of about AED 12,500 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 25 June 2026.
Questions about 1203, Niloofar Tower
What did unit 1203 last sell for?
AED 541,984 on 1 August 2016, sold by the developer: AED 799 per sqft for 677 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 49,000 a year on the contract signed on 25 June 2026. The previous contract, from November 2021, was AED 32,000; the unit has been rented since March 2018.
How big is unit 1203?
677 sqft (62.9 sqm): a studio on the 12th floor of a 12-storey tower completed in 2017.
What is unit 1203 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.
Selling 1203? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1203, Niloofar Tower
Starts from the last sale price (AED 542K, 1 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 541,984
- Deposit, UAE resident (20%)
- AED 108,397
- Deposit, non-resident (40%)
- AED 216,794
- Monthly over 25 years at 3.7%
- AED 2,217
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →