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Studio · 535 sqftNiloofar Tower, Culture Village · 2nd floor · completed 2017

206, Niloofar Tower

Sold prices and rental history: sold 3 times, last in October 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 400K17 October 2021
Current rentAED 55K /yr29 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Niloofar Tower

What is 206 worth today?

Last sold for AED 400,000 in 2021

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29 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 103 per sqft
1 May 2024RentedNew contract
AED 50,000/yr12 months · AED 94 per sqft
11 Nov 2021RentedNew contract
AED 36,000/yr12 months · AED 67 per sqft
17 Oct 2021SoldReady
AED 400,000AED 748 per sqft
18 May 2014SoldOff-plan
AED 630,000AED 1,178 per sqft
11 Feb 2013Sold by developerOff-plan
AED 672,647AED 1,258 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
Studio apartment
Size
535 sqft
Floor
2nd of 12
Parking
B1-10
Developer
RMG
Completed
2017
Service charge
AED 9,800 /yr
Last sold
AED 400K · October 2021
Building
Niloofar Tower

About 206, Niloofar Tower

206 is a studio of 535 sqft on the 2nd floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 17 October 2021 for AED 400,000, or AED 748 per sqft, 4% above the AED 716 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 29 April 2025, is AED 55,000 a year: a gross yield of 13.8% on the 2021 price, before the service charge of about AED 9,800 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical studio in Niloofar Tower
500K1M2011201420172020Typical sale price by year: 2011 AED 1,320,655; 2013 AED 662,349; 2014 AED 738,612; 2015 AED 879,792; 2016 AED 588,222; 2020 AED 392,500; 2021 AED 400,000Sold by developer, February 2013: AED 672,647 (AED 1,258 per sqft)Sold, May 2014: AED 630,000 (AED 1,178 per sqft)Sold, October 2021: AED 400,000 (AED 748 per sqft)

206 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 206, each contractTypical studio in Niloofar Tower
40K2018202120242027Typical rent by year: 2018 AED 47,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 33,000; 2022 AED 32,500; 2023 AED 39,000; 2024 AED 46,700; 2025 AED 47,000; 2026 AED 44,500New contract, November 2021: AED 36,000 a yearNew contract, May 2024: AED 50,000 a yearNew contract, April 2025: AED 55,000 a year

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 206 sits

All 24 studios →

206 last sold in October 2021 at AED 748 per sqft, 4% above 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. 206's AED 55,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Jun 2026900,000
17 Mar 2026650,000
11 Apr 2022430,000
21 Feb 2022465,330
2 studio 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 2nd floor

All 93 units in Niloofar Tower
Value
2011-bedAED 1M · Jan 2018
2022-bedAED 850K · Aug 2013
203StudioAED 410K · Jun 2021
2041-bedAED 700K · Aug 2013
2051-bedAED 700K · Aug 2013
2072-bedAED 900K · Aug 2013
2081-bedAED 600K · Aug 2013

206, Niloofar Tower in numbers

  • Sold 3 times: first on 11 February 2013 for AED 672,647, last on 17 October 2021 for AED 400,000 (AED 748 per sqft).
  • Rented since November 2021 on 3 Ejari contracts, from AED 36,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 13.8%, before a service charge of about AED 9,800 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 29 April 2025.

Questions about 206, Niloofar Tower

What did unit 206 last sell for?

AED 400,000 on 17 October 2021: AED 748 per sqft for 535 sqft. The unit has 3 registered sales; the first was AED 672,647 in February 2013.

What is the rent for unit 206?

AED 55,000 a year on the contract signed on 29 April 2025. The previous contract, from May 2024, was AED 50,000; the unit has been rented since November 2021.

How big is unit 206?

535 sqft (49.7 sqm): a studio on the 2nd floor of a 12-storey tower completed in 2017.

What is unit 206 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 206, Niloofar Tower

Starts from the last sale price (AED 400K, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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