606, Niloofar Tower
Sold prices and rental history: sold twice, last in May 2014, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 606, Niloofar Tower
What is 606 worth today?
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Source: Dubai Land Department. Updated 1 May 2021.
Key facts
- Type
- Studio apartment
- Size
- 535 sqft
- Floor
- 6th of 12
- Parking
- B1-16 , B4-25
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 9,800 /yr
- Last sold
- AED 630K · May 2014
- Building
- Niloofar Tower
About 606, Niloofar Tower
606 is a studio of 535 sqft on the 6th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 18 May 2014 for AED 630,000, or AED 1,178 per sqft, 35% above the AED 875 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2021. The current contract, signed on 1 May 2021, is AED 36,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 9,800 a year.
Sales and rents for 606 over time
606 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 606 sits
All 24 studios →606 last sold in May 2014 at AED 1,178 per sqft, 35% above what studios in Niloofar Tower were fetching at the time (AED 875). 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. 606's AED 36,000 is at the bottom 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 | |
| 603 | Studio | 653 sqft | AED 594KAED 594,000 · Feb 2016February 2016 | 47,000 /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 | |
| 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 |
606, Niloofar Tower in numbers
- Sold twice: first on 11 February 2013 for AED 652,050, last on 18 May 2014 for AED 630,000 (AED 1,178 per sqft).
- Rented since May 2021 on one Ejari contract, at AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 9,800 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 1 May 2021.
Questions about 606, Niloofar Tower
What did unit 606 last sell for?
AED 630,000 on 18 May 2014: AED 1,178 per sqft for 535 sqft. The unit has 2 registered sales; the first was AED 652,050 in February 2013.
What is the rent for unit 606?
AED 36,000 a year on the contract signed on 1 May 2021.
How big is unit 606?
535 sqft (49.7 sqm): a studio on the 6th floor of a 12-storey tower completed in 2017.
What is unit 606 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 606, Niloofar Tower
Starts from the last sale price (AED 630K, 18 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →