308, 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 308, Niloofar Tower
What is 308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 899 sqft
- Floor
- 3rd of 12
- Parking
- B2-16
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 16,500 /yr
- Last sold
- AED 780K · February 2014
- Building
- Niloofar Tower
About 308, Niloofar Tower
308 is a one-bedroom apartment of 899 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 5 February 2014 for AED 780,164, or AED 868 per sqft, 3% below the AED 896 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 25 October 2026, is AED 60,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 16,500 a year.
Sales and rents for 308 over time
308 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 308 sits
All 46 1-beds →308 last sold in February 2014 at AED 868 per sqft, 3% below what one-beds in Niloofar Tower were fetching at the time (AED 896). 308's AED 60,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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, Niloofar Tower in numbers
- Sold once: by RMG on 5 February 2014 for AED 780,164, or AED 868 per sqft.
- Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 60,000 by October 2026.
- At AED 60,000 a year the gross yield on the 2014 price is 7.7%, before a service charge of about AED 16,500 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 25 October 2026.
Questions about 308, Niloofar Tower
What did unit 308 last sell for?
AED 780,164 on 5 February 2014, sold by the developer: AED 868 per sqft for 899 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 60,000 a year on the contract signed on 25 October 2026. The previous contract, from April 2026, was AED 61,873; the unit has been rented since April 2018.
How big is unit 308?
899 sqft (83.5 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2017.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 308, Niloofar Tower
Starts from the last sale price (AED 780K, 5 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 780,164
- Deposit, UAE resident (20%)
- AED 156,033
- Deposit, non-resident (40%)
- AED 312,066
- Monthly over 25 years at 3.7%
- AED 3,192
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →