2-bed · 1,289 sqftNiloofar Tower, Culture Village · 12th floor · completed 2017

1207, Niloofar Tower

Sold prices and rental history: sold twice, last in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 2 August 2021
Last soldAED 1.25M2 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Niloofar Tower

What is 1207 worth today?

Last sold for AED 1,250,000 in 2021

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2 Aug 2021SoldReady
AED 1,250,000AED 969 per sqft
7 Mar 2016Sold by developerOff-plan
AED 1,192,205AED 924 per sqft

Source: Dubai Land Department. Updated 2 August 2021.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
12th of 12
Parking
G-05
Developer
RMG
Completed
2017
Service charge
AED 23,700 /yr
Last sold
AED 1.25M · August 2021

About 1207, Niloofar Tower

1207 is a two-bedroom apartment of 1,289 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 August 2021 for AED 1,250,000, or AED 969 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical two-bed in Niloofar Tower
1M1.25M1.5M2013201620192022Typical sale price by year: 2013 AED 1,281,667; 2014 AED 1,416,869; 2016 AED 1,152,036; 2021 AED 914,951Sold by developer, March 2016: AED 1,192,205 (AED 924 per sqft)Sold, August 2021: AED 1,250,000 (AED 969 per sqft)

1207 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1207, each contractTypical two-bed in Niloofar Tower
60K80K2018202120242027Typical rent by year: 2018 AED 77,500; 2019 AED 71,000; 2020 AED 64,808; 2021 AED 55,000; 2022 AED 62,000; 2023 AED 70,000; 2024 AED 77,193; 2025 AED 78,693; 2026 AED 85,000

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 1207 sits

All 23 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 2021800,000
29 Jun 2021914,951
29 Jan 20181,436,726
29 Jan 20181,320,197
0 2-bed sales in the last 12 months

Niloofar Tower

Building

93 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%
Niloofar Tower, Culture Village: prices, sales and rents →

Other units on the 12th floor

All 93 units in Niloofar Tower
Value
12011-bedAED 598K · Feb 2022
12022-bedAED 947K · Jul 2016
1203StudioAED 542K · Aug 2016
1206StudioAED 373K · Feb 2021
12081-bedAED 841K · Apr 2016

1207, Niloofar Tower in numbers

  • Sold twice: first on 7 March 2016 for AED 1,192,205, last on 2 August 2021 for AED 1,250,000 (AED 969 per sqft).

Source: Dubai Land Department. Updated 2 August 2021.

Questions about 1207, Niloofar Tower

What did unit 1207 last sell for?

AED 1,250,000 on 2 August 2021: AED 969 per sqft for 1,289 sqft. The unit has 2 registered sales; the first was AED 1,192,205 in March 2016.

How big is unit 1207?

1,289 sqft (119.8 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2017.

What is unit 1207 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 1207, Niloofar Tower

Starts from the last sale price (AED 1.25M, 2 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →