502, Niloofar Tower
Sold prices and rental history: sold 3 times, last in April 2016, 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 502, Niloofar Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 12 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,280 sqft
- Floor
- 5th of 12
- Parking
- B2-08
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 23,500 /yr
- Last sold
- AED 1.15M · April 2016
- Building
- Niloofar Tower
About 502, Niloofar Tower
502 is a two-bedroom apartment of 1,280 sqft on the 5th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 13 April 2016 for AED 1,152,036, or AED 899 per sqft, in line with the AED 899 two-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 12 November 2025, is AED 80,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 23,500 a year.
Sales and rents for 502 over time
502 has sold 3 times; 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 502 sits
All 23 2-beds →502 last sold in April 2016 at AED 899 per sqft, in line with what two-beds in Niloofar Tower were fetching at the time (AED 899). 502'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 5th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 919 sqft | AED 825KAED 824,500 · Oct 2015October 2015 | 59,000 /yr | |
| 503 | Studio | 653 sqft | AED 450KAED 450,000 · Aug 2013August 2013 | 45,000 /yr | |
| 504 | 1-bed | 1,081 sqft | AED 973KAED 972,630 · Apr 2016April 2016 | 63,000 /yr | |
| 505 | 1-bed | 1,059 sqft | AED 953KAED 952,956 · Apr 2016April 2016 | 63,800 /yr | |
| 506 | Studio | 535 sqft | AED 1.02MAED 1,020,971 · Jan 2015January 2015 | 44,000 /yr | |
| 507 | 2-bed | 1,391 sqft | AED 1.78MAED 1,778,496 · Jun 2014June 2014 | 67,000 /yr | |
| 508 | 1-bed | 920 sqft | AED 1.11MAED 1,107,140 · Nov 2015November 2015 | 45,000 /yr |
502, Niloofar Tower in numbers
- Sold 3 times: first on 16 March 2014 for AED 1,088,192, last on 13 April 2016 for AED 1,152,036 (AED 899 per sqft).
- Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2021 and recovered to AED 80,000 by November 2025.
- At AED 80,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 23,500 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 12 November 2025.
Questions about 502, Niloofar Tower
What did unit 502 last sell for?
AED 1,152,036 on 13 April 2016: AED 899 per sqft for 1,280 sqft. The unit has 3 registered sales; the first was AED 1,088,192 in March 2014.
What is the rent for unit 502?
AED 80,000 a year on the contract signed on 12 November 2025. The previous contract, from November 2022, was AED 65,000; the unit has been rented since July 2018.
How big is unit 502?
1,280 sqft (118.9 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2017.
What is unit 502 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 502, Niloofar Tower
Starts from the last sale price (AED 1.15M, 13 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,152,036
- Deposit, UAE resident (20%)
- AED 230,407
- Deposit, non-resident (40%)
- AED 460,814
- Monthly over 25 years at 3.7%
- AED 4,713
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →