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1-bed · 1,081 sqftNiloofar Tower, Culture Village · 4th floor · completed 2017

404, Niloofar Tower

Sold prices and rental history: sold 3 times, last in March 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 973K17 March 2016
Current rentAED 62K /yr27 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Niloofar Tower

What is 404 worth today?

Last sold for AED 972,630 in 2016

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27 Mar 2025RentedNew contract
AED 61,600/yr12 months · AED 57 per sqft
10 Apr 2022RentedNew contract
AED 45,000/yr12 months · AED 42 per sqft
1 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 42 per sqft
1 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 42 per sqft
15 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
17 Mar 2016SoldOff-plan
AED 972,630AED 900 per sqft
23 Nov 2014SoldOff-plan
AED 1,435,594AED 1,328 per sqft
16 Mar 2014Sold by developerOff-plan
AED 911,488AED 843 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
1-bed apartment
Size
1,081 sqft
Floor
4th of 12
Parking
B2-12
Developer
RMG
Completed
2017
Service charge
AED 19,900 /yr
Last sold
AED 973K · March 2016
Building
Niloofar Tower

About 404, Niloofar Tower

404 is a one-bedroom apartment of 1,081 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 972,630, or AED 900 per sqft, in line with the AED 900 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 27 March 2025, is AED 61,600 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 19,900 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Niloofar Tower
1M2M2011201420172020Typical sale price by year: 2011 AED 1,950,415; 2013 AED 824,814; 2014 AED 919,097; 2015 AED 1,169,793; 2016 AED 834,008; 2021 AED 675,150Sold by developer, March 2014: AED 911,488 (AED 843 per sqft)Sold, November 2014: AED 1,435,594 (AED 1,328 per sqft)Sold, March 2016: AED 972,630 (AED 900 per sqft)

404 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in Niloofar Tower
50K60K2018202120242027Typical rent by year: 2018 AED 62,000; 2019 AED 59,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 46,200; 2023 AED 51,410; 2024 AED 55,000; 2025 AED 62,000; 2026 AED 60,000New contract, February 2018: AED 65,000 a yearNew contract, September 2020: AED 45,000 a yearRenewal, September 2021: AED 45,000 a yearNew contract, April 2022: AED 45,000 a yearNew contract, March 2025: AED 61,600 a year

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 404 sits

All 46 1-beds →

404 last sold in March 2016 at AED 900 per sqft, in line with what one-beds in Niloofar Tower were fetching at the time (AED 900). 404's AED 61,600 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Feb 2022598,220
11 Aug 2021750,000
29 Jun 2021675,299
8 Jun 2021675,000
0 1-bed sales in the last 12 months

Niloofar Tower

Building

93 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%
Niloofar Tower, Culture Village: prices, sales and rents →

Other units on the 4th floor

All 93 units in Niloofar Tower
Value
4011-bedAED 675K · Jun 2021
4022-bedAED 850K · Aug 2013
403StudioAED 588K · Mar 2016
4051-bedAED 953K · Mar 2016
406StudioAED 739K · Jan 2015
4072-bedAED 1.34M · Jul 2015
4081-bedAED 793K · Dec 2013

404, Niloofar Tower in numbers

  • Sold 3 times: first on 16 March 2014 for AED 911,488, last on 17 March 2016 for AED 972,630 (AED 900 per sqft).
  • Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2022 and recovered to AED 61,600 by March 2025.
  • At AED 61,600 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 19,900 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 27 March 2025.

Questions about 404, Niloofar Tower

What did unit 404 last sell for?

AED 972,630 on 17 March 2016: AED 900 per sqft for 1,081 sqft. The unit has 3 registered sales; the first was AED 911,488 in March 2014.

What is the rent for unit 404?

AED 61,600 a year on the contract signed on 27 March 2025. The previous contract, from April 2022, was AED 45,000; the unit has been rented since February 2018.

How big is unit 404?

1,081 sqft (100.4 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2017.

What is unit 404 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 404, Niloofar Tower

Starts from the last sale price (AED 973K, 17 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 972,630
Deposit, UAE resident (20%)
AED 194,526
Deposit, non-resident (40%)
AED 389,052
Monthly over 25 years at 3.7%
AED 3,979

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →