1206, Niloofar Tower
Sold prices and rental history: sold 3 times, last in February 2021, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Niloofar Tower
What is 1206 worth today?
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Source: Dubai Land Department. Updated 8 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 558 sqft
- Floor
- 12th of 12
- Parking
- B4-21
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 10,300 /yr
- Last sold
- AED 373K · February 2021
- Building
- Niloofar Tower
About 1206, Niloofar Tower
1206 is a studio of 558 sqft on the 12th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 2 February 2021 for AED 373,000, or AED 667 per sqft, 7% below the AED 718 studios in the building were fetching at the time.
One Ejari contract is registered, from 8 August 2023. The current contract, signed on 8 August 2023, is AED 40,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 10,300 a year.
Sales and rents for 1206 over time
1206 has sold 3 times; 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 1206 sits
All 24 studios →1206 last sold in February 2021 at AED 667 per sqft, 7% below what studios in Niloofar Tower were fetching at the time (AED 718). 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. 1206's AED 40,000 is in the lower 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 | |
| 1203 | Studio | 677 sqft | AED 542KAED 541,984 · Aug 2016August 2016 | 49,000 /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 |
1206, Niloofar Tower in numbers
- Sold 3 times: first on 18 December 2011 for AED 1,154,016, last on 2 February 2021 for AED 373,000 (AED 667 per sqft).
- Rented since August 2023 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 10,300 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 8 August 2023.
Questions about 1206, Niloofar Tower
What did unit 1206 last sell for?
AED 373,000 on 2 February 2021: AED 667 per sqft for 558 sqft. The unit has 3 registered sales; the first was AED 1,154,016 in December 2011.
What is the rent for unit 1206?
AED 40,000 a year on the contract signed on 8 August 2023.
How big is unit 1206?
558 sqft (51.8 sqm): a studio on the 12th floor of a 12-storey tower completed in 2017.
What is unit 1206 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 1206, Niloofar Tower
Starts from the last sale price (AED 373K, 2 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 373,000
- Deposit, UAE resident (20%)
- AED 74,600
- Deposit, non-resident (40%)
- AED 149,200
- Monthly over 25 years at 3.7%
- AED 1,526
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →