203, Niloofar Tower
Sold prices and rental history: sold 4 times, last in June 2021, 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 203, Niloofar Tower
What is 203 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 654 sqft
- Floor
- 2nd of 12
- Parking
- B1-07
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 12,000 /yr
- Last sold
- AED 410K · June 2021
- Building
- Niloofar Tower
About 203, Niloofar Tower
203 is a studio of 654 sqft on the 2nd floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 29 June 2021 for AED 410,000, or AED 627 per sqft, 12% below the AED 716 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 20 February 2026, is AED 45,000 a year: a gross yield of 11.0% on the 2021 price, before the service charge of about AED 12,000 a year.
Sales and rents for 203 over time
203 has sold 4 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 203 sits
All 24 studios →203 last sold in June 2021 at AED 627 per sqft, 12% below what studios in Niloofar Tower were fetching at the time (AED 716). 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. 203's AED 45,000 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 2nd floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 898 sqft | AED 1MAED 1,000,000 · Jan 2018January 2018 | 63,000 /yr | |
| 202 | 2-bed | 1,280 sqft | AED 850KAED 850,000 · Aug 2013August 2013 | 30,000 /yr | |
| 204 | 1-bed | 1,081 sqft | AED 700KAED 700,000 · Aug 2013August 2013 | 57,750 /yr | |
| 205 | 1-bed | 1,059 sqft | AED 700KAED 700,000 · Aug 2013August 2013 | 62,000 /yr | |
| 206 | Studio | 535 sqft | AED 400KAED 400,000 · Oct 2021October 2021 | 55,000 /yr | |
| 207 | 2-bed | 1,391 sqft | AED 900KAED 900,000 · Aug 2013August 2013 | 77,385 /yr | |
| 208 | 1-bed | 899 sqft | AED 600KAED 600,000 · Aug 2013August 2013 | 70,000 /yr |
203, Niloofar Tower in numbers
- Sold 4 times: first on 19 March 2014 for AED 571,688, last on 29 June 2021 for AED 410,000 (AED 627 per sqft).
- Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2022 and recovered to AED 45,000 by February 2026.
- At AED 45,000 a year the gross yield on the 2021 price is 11.0%, 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 20 February 2026.
Questions about 203, Niloofar Tower
What did unit 203 last sell for?
AED 410,000 on 29 June 2021: AED 627 per sqft for 654 sqft. The unit has 4 registered sales; the first was AED 571,688 in March 2014.
What is the rent for unit 203?
AED 45,000 a year on the contract signed on 20 February 2026. The previous contract, from February 2024, was AED 41,000; the unit has been rented since June 2018.
How big is unit 203?
654 sqft (60.8 sqm): a studio on the 2nd floor of a 12-storey tower completed in 2017.
What is unit 203 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 203, Niloofar Tower
Starts from the last sale price (AED 410K, 29 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 410,000
- Deposit, UAE resident (20%)
- AED 82,000
- Deposit, non-resident (40%)
- AED 164,000
- Monthly over 25 years at 3.7%
- AED 1,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →