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1-bed · 899 sqftNiloofar Tower, Culture Village · 2nd floor · completed 2017

208, Niloofar Tower

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 600K21 August 2013
Current rentAED 70K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Niloofar Tower

What is 208 worth today?

Last sold for AED 600,000 in 2013

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15 Feb 2025RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
15 Feb 2025RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
15 Nov 2023RentedRenewal
AED 50,820/yr12 months · AED 57 per sqft
15 Nov 2022RentedRenewal
AED 46,200/yr12 months · AED 51 per sqft
15 Nov 2021RentedNew contract
AED 42,000/yr12 months · AED 47 per sqft
1 Jul 2020RentedRenewal
AED 52,000/yr12 months · AED 58 per sqft
1 Jul 2019RentedRenewal
AED 60,000/yr12 months · AED 67 per sqft
1 Jul 2018RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
1-bed apartment
Size
899 sqft
Floor
2nd of 12
Parking
B1-02
Developer
RMG
Completed
2017
Service charge
AED 16,500 /yr
Last sold
AED 600K · August 2013
Building
Niloofar Tower

About 208, Niloofar Tower

208 is a one-bedroom apartment of 899 sqft on the 2nd floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 21 August 2013 for AED 600,000, or AED 667 per sqft, 45% below the AED 1,203 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 15 February 2025, is AED 70,000 a year: a gross yield of 11.7% on the 2013 price, before the service charge of about AED 16,500 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical one-bed in Niloofar Tower
1M2M2011201420172020Typical sale price by year: 2011 AED 1,950,415; 2013 AED 824,814; 2014 AED 919,097; 2015 AED 1,169,793; 2016 AED 834,008; 2021 AED 675,150Sold by developer, February 2013: AED 1,096,985 (AED 1,220 per sqft)Sold, August 2013: AED 600,000 (AED 667 per sqft)

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

Rents
Unit 208, each contractTypical one-bed in Niloofar Tower
40K60K2018202120242027Typical rent by year: 2018 AED 62,000; 2019 AED 59,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 46,200; 2023 AED 51,410; 2024 AED 55,000; 2025 AED 62,000; 2026 AED 60,000New contract, February 2018: AED 60,000 a yearNew contract, July 2018: AED 60,000 a yearRenewal, July 2019: AED 60,000 a yearRenewal, July 2020: AED 52,000 a yearNew contract, November 2021: AED 42,000 a yearRenewal, November 2022: AED 46,200 a yearRenewal, November 2023: AED 50,820 a yearNew contract, February 2025: AED 70,000 a yearNew contract, February 2025: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Niloofar Tower, and where 208 sits

All 46 1-beds →

208 last sold in August 2013 at AED 667 per sqft, 45% below what one-beds in Niloofar Tower were fetching at the time (AED 1,203). 208's AED 70,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Feb 2022598,220
11 Aug 2021750,000
29 Jun 2021675,299
8 Jun 2021675,000
0 1-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 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
206StudioAED 400K · Oct 2021
2072-bedAED 900K · Aug 2013

208, Niloofar Tower in numbers

  • Sold twice: first on 11 February 2013 for AED 1,096,985, last on 21 August 2013 for AED 600,000 (AED 667 per sqft).
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2021 and recovered to AED 70,000 by February 2025.
  • At AED 70,000 a year the gross yield on the 2013 price is 11.7%, before a service charge of about AED 16,500 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 15 February 2025.

Questions about 208, Niloofar Tower

What did unit 208 last sell for?

AED 600,000 on 21 August 2013: AED 667 per sqft for 899 sqft. The unit has 2 registered sales; the first was AED 1,096,985 in February 2013.

What is the rent for unit 208?

AED 70,000 a year on the contract signed on 15 February 2025. The previous contract, from February 2025, was AED 70,000; the unit has been rented since February 2018.

How big is unit 208?

899 sqft (83.5 sqm): a one-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2017.

What is unit 208 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 208, Niloofar Tower

Starts from the last sale price (AED 600K, 21 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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