402, 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.
Property timeline for 402, Niloofar Tower
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,280 sqft
- Floor
- 4th of 12
- Parking
- B2-14
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 23,500 /yr
- Last sold
- AED 850K · August 2013
- Building
- Niloofar Tower
About 402, Niloofar Tower
402 is a two-bedroom apartment of 1,280 sqft on the 4th 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 850,000, or AED 663 per sqft, 44% below the AED 1,185 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 May 2026, is AED 80,000 a year: a gross yield of 9.4% on the 2013 price, before the service charge of about AED 23,500 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Niloofar Tower, and where 402 sits
All 23 2-beds →402 last sold in August 2013 at AED 663 per sqft, 44% below what two-beds in Niloofar Tower were fetching at the time (AED 1,185). 402's AED 80,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20217 October 2021 | 1,280 sqft | 800,000 | 624 | ||
| 2 Aug 20212 August 2021 | 1,289 sqft | 1,250,000 | 969 | ||
| 29 Jun 202129 June 2021 | 1,257 sqft | 914,951 | 727 | ||
| 29 Jan 201829 January 2018 | 1,368 sqft | 1,436,726 | 1,049 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 917 sqft | AED 675KAED 675,299 · Jun 2021June 2021 | 55,000 /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 |
402, Niloofar Tower in numbers
- Sold twice: first on 11 February 2013 for AED 1,564,276, last on 21 August 2013 for AED 850,000 (AED 663 per sqft).
- Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 80,000 by May 2026.
- At AED 80,000 a year the gross yield on the 2013 price is 9.4%, before a service charge of about AED 23,500 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 1 May 2026.
Questions about 402, Niloofar Tower
What did unit 402 last sell for?
AED 850,000 on 21 August 2013: AED 663 per sqft for 1,280 sqft. The unit has 2 registered sales; the first was AED 1,564,276 in February 2013.
What is the rent for unit 402?
AED 80,000 a year on the contract signed on 1 May 2026. The previous contract, from October 2024, was AED 77,000; the unit has been rented since May 2018.
How big is unit 402?
1,280 sqft (118.9 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2017.
What is unit 402 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 402, Niloofar Tower
Starts from the last sale price (AED 850K, 21 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →