303, Niloofar Tower
Sold prices and rental history: sold 3 times, last in March 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Niloofar Tower
What is 303 worth today?
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Source: Dubai Land Department. Updated 6 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 654 sqft
- Floor
- 3rd of 12
- Parking
- B2-21
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 12,000 /yr
- Last sold
- AED 588K · March 2016
- Building
- Niloofar Tower
About 303, Niloofar Tower
303 is a studio of 654 sqft on the 3rd floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 17 March 2016 for AED 588,222, or AED 899 per sqft, 10% below the AED 1,001 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 6 June 2025, is AED 48,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 12,000 a year.
Sales and rents for 303 over time
303 has sold 3 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 303 sits
All 24 studios →303 last sold in March 2016 at AED 899 per sqft, 10% below what studios in Niloofar Tower were fetching at the time (AED 1,001). 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. 303's AED 48,000 is in the upper 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 3rd floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 898 sqft | AED 783KAED 782,731 · Feb 2014February 2014 | 49,350 /yr | |
| 302 | 2-bed | 1,280 sqft | AED 1.35MAED 1,346,638 · Feb 2014February 2014 | 77,175 /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 |
303, Niloofar Tower in numbers
- Sold 3 times: first on 19 March 2014 for AED 572,296, last on 17 March 2016 for AED 588,222 (AED 899 per sqft).
- Rented since May 2020 on 5 Ejari contracts, from AED 33,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2016 price is 8.2%, 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 6 June 2025.
Questions about 303, Niloofar Tower
What did unit 303 last sell for?
AED 588,222 on 17 March 2016: AED 899 per sqft for 654 sqft. The unit has 3 registered sales; the first was AED 572,296 in March 2014.
What is the rent for unit 303?
AED 48,000 a year on the contract signed on 6 June 2025. The previous contract, from June 2023, was AED 38,000; the unit has been rented since May 2020.
How big is unit 303?
654 sqft (60.8 sqm): a studio on the 3rd floor of a 12-storey tower completed in 2017.
What is unit 303 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 303, Niloofar Tower
Starts from the last sale price (AED 588K, 17 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 588,222
- Deposit, UAE resident (20%)
- AED 117,644
- Deposit, non-resident (40%)
- AED 235,289
- Monthly over 25 years at 3.7%
- AED 2,407
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →