401, Niloofar Tower
Sold prices and rental history: sold 4 times, last in June 2021, 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 401, Niloofar Tower
What is 401 worth today?
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Source: Dubai Land Department. Updated 21 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 917 sqft
- Floor
- 4th of 12
- Parking
- B2-15
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 16,900 /yr
- Last sold
- AED 675K · June 2021
- Building
- Niloofar Tower
About 401, Niloofar Tower
401 is a one-bedroom apartment of 917 sqft on the 4th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 29 June 2021 for AED 675,299, or AED 736 per sqft, in line with the AED 736 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 21 May 2025, is AED 55,000 a year: a gross yield of 8.1% on the 2021 price, before the service charge of about AED 16,900 a year.
Sales and rents for 401 over time
401 has sold 4 times; 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 401 sits
All 46 1-beds →401 last sold in June 2021 at AED 736 per sqft, in line with what one-beds in Niloofar Tower were fetching at the time (AED 736). 401's AED 55,000 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 | ||
| 8 Jun 20218 June 2021 | 897 sqft | 675,000 | 752 | ||
| 15 Apr 202115 April 2021 | 925 sqft | 550,000 | 594 |
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 4th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,280 sqft | AED 850KAED 850,000 · Aug 2013August 2013 | 80,000 /yr | |
| 403 | Studio | 653 sqft | AED 588KAED 588,132 · Mar 2016March 2016 | 48,400 /yr | |
| 404 | 1-bed | 1,081 sqft | AED 973KAED 972,630 · Mar 2016March 2016 | 61,600 /yr | |
| 405 | 1-bed | 1,059 sqft | AED 953KAED 953,055 · Mar 2016March 2016 | 66,000 /yr | |
| 406 | Studio | 535 sqft | AED 739KAED 738,612 · Jan 2015January 2015 | 42,000 /yr | |
| 407 | 2-bed | 1,390 sqft | AED 1.34MAED 1,340,000 · Jul 2015July 2015 | 90,000 /yr | |
| 408 | 1-bed | 918 sqft | AED 793KAED 793,145 · Dec 2013December 2013 | 62,000 /yr |
401, Niloofar Tower in numbers
- Sold 4 times: first on 16 March 2014 for AED 776,296, last on 29 June 2021 for AED 675,299 (AED 736 per sqft).
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2021 and recovered to AED 55,000 by May 2025.
- At AED 55,000 a year the gross yield on the 2021 price is 8.1%, before a service charge of about AED 16,900 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 21 May 2025.
Questions about 401, Niloofar Tower
What did unit 401 last sell for?
AED 675,299 on 29 June 2021: AED 736 per sqft for 917 sqft. The unit has 4 registered sales; the first was AED 776,296 in March 2014.
What is the rent for unit 401?
AED 55,000 a year on the contract renewed on 21 May 2025. The previous contract, from May 2024, was AED 55,000; the unit has been rented since June 2018.
How big is unit 401?
917 sqft (85.2 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2017.
What is unit 401 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 401, Niloofar Tower
Starts from the last sale price (AED 675K, 29 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 675,299
- Deposit, UAE resident (20%)
- AED 135,060
- Deposit, non-resident (40%)
- AED 270,120
- Monthly over 25 years at 3.7%
- AED 2,763
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →