603, Niloofar Tower
Sold prices and rental history: sold twice, last in February 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Niloofar Tower
What is 603 worth today?
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Source: Dubai Land Department. Updated 17 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 653 sqft
- Floor
- 6th of 12
- Parking
- B3-21
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 12,000 /yr
- Last sold
- AED 594K · February 2016
- Building
- Niloofar Tower
About 603, Niloofar Tower
603 is a studio of 653 sqft on the 6th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 16 February 2016 for AED 594,000, or AED 908 per sqft, 26% below the AED 1,228 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 17 September 2025, is AED 47,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 12,000 a year.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 24 studios →603 last sold in February 2016 at AED 908 per sqft, 26% below what studios in Niloofar Tower were fetching at the time (AED 1,228). 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. 603's AED 47,000 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 6th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 919 sqft | AED 827KAED 827,181 · Mar 2016March 2016 | 62,000 /yr | |
| 602 | 2-bed | 1,280 sqft | AED 1.71MAED 1,713,600 · Nov 2014November 2014 | 85,000 /yr | |
| 604 | 1-bed | 1,081 sqft | AED 1.44MAED 1,435,594 · Nov 2014November 2014 | 62,000 /yr | |
| 605 | 1-bed | 1,059 sqft | AED 1.41MAED 1,412,271 · Nov 2014November 2014 | 56,000 /yr | |
| 606 | Studio | 535 sqft | AED 630KAED 630,000 · May 2014May 2014 | 36,000 /yr | |
| 607 | 2-bed | 1,391 sqft | AED 1.26MAED 1,260,000 · Jul 2013July 2013 | ||
| 608 | 1-bed | 920 sqft | AED 1.22MAED 1,218,735 · Jan 2015January 2015 | 56,000 /yr |
603, Niloofar Tower in numbers
- Sold twice: first on 6 December 2015 for AED 715,370, last on 16 February 2016 for AED 594,000 (AED 908 per sqft).
- Rented since August 2021 on 3 Ejari contracts, from AED 31,500 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2016 price is 7.9%, 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 17 September 2025.
Questions about 603, Niloofar Tower
What did unit 603 last sell for?
AED 594,000 on 16 February 2016: AED 908 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 715,370 in December 2015.
What is the rent for unit 603?
AED 47,000 a year on the contract signed on 17 September 2025. The previous contract, from August 2022, was AED 31,500; the unit has been rented since August 2021.
How big is unit 603?
653 sqft (60.7 sqm): a studio on the 6th floor of a 12-storey tower completed in 2017.
What is unit 603 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 603, Niloofar Tower
Starts from the last sale price (AED 594K, 16 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 594,000
- Deposit, UAE resident (20%)
- AED 118,800
- Deposit, non-resident (40%)
- AED 237,600
- Monthly over 25 years at 3.7%
- AED 2,430
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →