Home
Dubai prices
About
Research
2-bed · 1,390 sqftNiloofar Tower, Culture Village · 4th floor · completed 2017

407, Niloofar Tower

Sold prices and rental history: sold twice, last in July 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.34M27 July 2015
Current rentAED 90K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 407

Property timeline for 407, Niloofar Tower

What is 407 worth today?

Last sold for AED 1,340,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
20 May 2024RentedRenewal
AED 77,000/yr12 months · AED 55 per sqft
20 May 2024RentedRenewal
AED 77,000/yr12 months · AED 55 per sqft
20 May 2023RentedRenewal
AED 70,000/yr12 months · AED 50 per sqft
20 May 2022RentedNew contract
AED 65,000/yr12 months · AED 47 per sqft
20 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 50 per sqft
20 Aug 2019RentedRenewal
AED 80,000/yr12 months · AED 58 per sqft
20 Aug 2018RentedNew contract
AED 82,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,390 sqft
Floor
4th of 12
Parking
B2-04 , B2-05
Developer
RMG
Completed
2017
Service charge
AED 25,600 /yr
Last sold
AED 1.34M · July 2015
Building
Niloofar Tower

About 407, Niloofar Tower

407 is a two-bedroom apartment of 1,390 sqft on the 4th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 27 July 2015 for AED 1,340,000, or AED 963 per sqft, 28% below the AED 1,338 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 September 2025, is AED 90,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 25,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Niloofar Tower
1M1.25M1.5M2013201620192022Typical sale price by year: 2013 AED 1,281,667; 2014 AED 1,416,869; 2016 AED 1,152,036; 2021 AED 914,951Sold by developer, August 2014: AED 1,366,478 (AED 982 per sqft)Sold, July 2015: AED 1,340,000 (AED 963 per sqft)

407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Niloofar Tower
60K80K2018202120242027Typical rent by year: 2018 AED 77,500; 2019 AED 71,000; 2020 AED 64,808; 2021 AED 55,000; 2022 AED 62,000; 2023 AED 70,000; 2024 AED 77,193; 2025 AED 78,693; 2026 AED 85,000New contract, August 2018: AED 82,000 a yearRenewal, August 2019: AED 80,000 a yearRenewal, August 2020: AED 70,000 a yearNew contract, May 2022: AED 65,000 a yearRenewal, May 2023: AED 70,000 a yearRenewal, May 2024: AED 77,000 a yearRenewal, May 2024: AED 77,000 a yearNew contract, September 2025: AED 90,000 a year

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 407 sits

All 23 2-beds →

407 last sold in July 2015 at AED 963 per sqft, 28% below what two-beds in Niloofar Tower were fetching at the time (AED 1,338). 407's AED 90,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 2021800,000
2 Aug 20211,250,000
29 Jun 2021914,951
29 Jan 20181,436,726
0 2-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
4041-bedAED 973K · Mar 2016
4051-bedAED 953K · Mar 2016
406StudioAED 739K · Jan 2015
4081-bedAED 793K · Dec 2013

407, Niloofar Tower in numbers

  • Sold twice: first on 3 August 2014 for AED 1,366,478, last on 27 July 2015 for AED 1,340,000 (AED 963 per sqft).
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 82,000 to AED 65,000 in 2022 and recovered to AED 90,000 by September 2025.
  • At AED 90,000 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 25,600 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 407, Niloofar Tower

What did unit 407 last sell for?

AED 1,340,000 on 27 July 2015: AED 963 per sqft for 1,390 sqft. The unit has 2 registered sales; the first was AED 1,366,478 in August 2014.

What is the rent for unit 407?

AED 90,000 a year on the contract signed on 1 September 2025. The previous contract, from May 2024, was AED 77,000; the unit has been rented since August 2018.

How big is unit 407?

1,390 sqft (129.1 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2017.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 407? 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.

How OpenOffers works

Mortgage on 407, Niloofar Tower

Starts from the last sale price (AED 1.34M, 27 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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