301, Niloofar Tower
Sold prices and rental history: sold once, by the developer in February 2014, 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 301, Niloofar Tower
What is 301 worth today?
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Source: Dubai Land Department. Updated 10 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 3rd of 12
- Parking
- B1-01
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 16,500 /yr
- Last sold
- AED 783K · February 2014
- Building
- Niloofar Tower
About 301, Niloofar Tower
301 is a one-bedroom apartment of 898 sqft on the 3rd floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. The developer sold it on 4 February 2014 for AED 782,731, or AED 871 per sqft, in line with the AED 896 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 49,350 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 16,500 a year.
Sales and rents for 301 over time
301 has sold once; the dashed line is the one-bed median of each year in the building.
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 301 sits
All 46 1-beds →301 last sold in February 2014 at AED 871 per sqft, in line with what one-beds in Niloofar Tower were fetching at the time (AED 896). 301's AED 49,350 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Feb 202221 February 2022 | 908 sqft | 598,220 | 658 | ||
| 11 Aug 202111 August 2021 | 924 sqft | 750,000 | 811 | ||
| 29 Jun 202129 June 2021 | 917 sqft | 675,299 | 736 | ||
| 8 Jun 20218 June 2021 | 897 sqft | 675,000 | 752 |
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 3rd floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 2-bed | 1,280 sqft | AED 1.35MAED 1,346,638 · Feb 2014February 2014 | 77,175 /yr | |
| 303 | Studio | 654 sqft | AED 588KAED 588,222 · Mar 2016March 2016 | 48,000 /yr | |
| 304 | 1-bed | 1,081 sqft | AED 973KAED 972,531 · Mar 2016March 2016 | 70,000 /yr | |
| 305 | 1-bed | 1,059 sqft | AED 919KAED 919,097 · Feb 2014February 2014 | 53,550 /yr | |
| 306 | Studio | 535 sqft | AED 739KAED 738,612 · Mar 2015March 2015 | 32,000 /yr | |
| 307 | 2-bed | 1,391 sqft | AED 1.1MAED 1,100,000 · May 2013May 2013 | 90,000 /yr | |
| 308 | 1-bed | 899 sqft | AED 780KAED 780,164 · Feb 2014February 2014 | 60,000 /yr |
301, Niloofar Tower in numbers
- Sold once: by RMG on 4 February 2014 for AED 782,731, or AED 871 per sqft.
- Rented since May 2018 on 8 Ejari contracts, from AED 60,000 to AED 49,350 a year.
- At AED 49,350 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 16,500 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 10 May 2025.
Questions about 301, Niloofar Tower
What did unit 301 last sell for?
AED 782,731 on 4 February 2014, sold by the developer: AED 871 per sqft for 898 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 49,350 a year on the contract renewed on 10 May 2025. The previous contract, from May 2025, was AED 49,350; the unit has been rented since May 2018.
How big is unit 301?
898 sqft (83.4 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2017.
What is unit 301 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 301, Niloofar Tower
Starts from the last sale price (AED 783K, 4 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 782,731
- Deposit, UAE resident (20%)
- AED 156,546
- Deposit, non-resident (40%)
- AED 313,092
- Monthly over 25 years at 3.7%
- AED 3,202
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →