403, 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 403, Niloofar Tower
What is 403 worth today?
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Source: Dubai Land Department. Updated 22 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 653 sqft
- Floor
- 4th of 12
- Parking
- B2-13
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 12,000 /yr
- Last sold
- AED 588K · March 2016
- Building
- Niloofar Tower
About 403, Niloofar Tower
403 is a studio of 653 sqft on the 4th 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 588,132, or AED 900 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 7 Ejari contracts. The current contract, signed on 22 October 2025, is AED 48,400 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 403 over time
403 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 403 sits
All 24 studios →403 last sold in March 2016 at AED 900 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. 403's AED 48,400 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 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 | |
| 402 | 2-bed | 1,280 sqft | AED 850KAED 850,000 · Aug 2013August 2013 | 80,000 /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 |
403, Niloofar Tower in numbers
- Sold 3 times: first on 16 March 2014 for AED 572,296, last on 17 March 2016 for AED 588,132 (AED 900 per sqft).
- Rented since March 2020 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 27,000 in 2020 and recovered to AED 48,400 by October 2025.
- At AED 48,400 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 22 October 2025.
Questions about 403, Niloofar Tower
What did unit 403 last sell for?
AED 588,132 on 17 March 2016: AED 900 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 572,296 in March 2014.
What is the rent for unit 403?
AED 48,400 a year on the contract signed on 22 October 2025. The previous contract, from October 2024, was AED 48,400; the unit has been rented since March 2020.
How big is unit 403?
653 sqft (60.7 sqm): a studio on the 4th floor of a 12-storey tower completed in 2017.
What is unit 403 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 403, 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 588,132
- Deposit, UAE resident (20%)
- AED 117,626
- Deposit, non-resident (40%)
- AED 235,253
- Monthly over 25 years at 3.7%
- AED 2,406
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →