504, Niloofar Tower
Sold prices and rental history: sold 3 times, last in April 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Niloofar Tower
What is 504 worth today?
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Source: Dubai Land Department. Updated 21 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,081 sqft
- Floor
- 5th of 12
- Parking
- B2-06
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 19,900 /yr
- Last sold
- AED 973K · April 2016
- Building
- Niloofar Tower
About 504, Niloofar Tower
504 is a one-bedroom apartment of 1,081 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 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 since 2023 on 3 Ejari contracts. The current contract, signed on 21 March 2025, is AED 63,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 19,900 a year.
Sales and rents for 504 over time
504 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 504 sits
All 46 1-beds →504 last sold in April 2016 at AED 900 per sqft, in line with what one-beds in Niloofar Tower were fetching at the time (AED 900). 504's AED 63,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Feb 202221 February 2022 | 908 sqft | 598,220 | 658 | ||
| 11 Aug 202111 August 2021 | 924 sqft | 750,000 | 811 | ||
| 29 Jun 202129 June 2021 | 917 sqft | 675,299 | 736 | ||
| 8 Jun 20218 June 2021 | 897 sqft | 675,000 | 752 |
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 | |
| 502 | 2-bed | 1,280 sqft | AED 1.15MAED 1,152,036 · Apr 2016April 2016 | 80,000 /yr | |
| 503 | Studio | 653 sqft | AED 450KAED 450,000 · Aug 2013August 2013 | 45,000 /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 |
504, Niloofar Tower in numbers
- Sold 3 times: first on 16 March 2014 for AED 911,488, last on 13 April 2016 for AED 972,630 (AED 900 per sqft).
- Rented since March 2023 on 3 Ejari contracts, from AED 50,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 19,900 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 21 March 2025.
Questions about 504, Niloofar Tower
What did unit 504 last sell for?
AED 972,630 on 13 April 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 504?
AED 63,000 a year on the contract signed on 21 March 2025. The previous contract, from March 2024, was AED 55,000; the unit has been rented since March 2023.
How big is unit 504?
1,081 sqft (100.4 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2017.
What is unit 504 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 504, Niloofar Tower
Starts from the last sale price (AED 973K, 13 April 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 →