
704, Niloofar Tower
Sold prices and rental history: sold twice, last in November 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Niloofar Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 23 November 2014.
Key facts
- Type
- 1-bed apartment
- Size
- 1,081 sqft
- Floor
- 7th of 12
- Parking
- B3-13
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 19,900 /yr
- Last sold
- AED 1.44M · November 2014
- Building
- Niloofar Tower
About 704, Niloofar Tower
704 is a one-bedroom apartment of 1,081 sqft on the 7th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 23 November 2014 for AED 1,435,594, or AED 1,328 per sqft, 50% above the AED 884 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 46 1-beds →704 last sold in November 2014 at AED 1,328 per sqft, 50% above what one-beds in Niloofar Tower were fetching at the time (AED 884).
| 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 7th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 924 sqft | AED 750KAED 750,000 · Aug 2021August 2021 | 57,000 /yr | |
| 702 | 2-bed | 1,280 sqft | AED 1.02MAED 1,024,032 · Dec 2017December 2017 | ||
| 703 | Studio | 653 sqft | AED 588KAED 588,132 · Jan 2018January 2018 | 45,000 /yr | |
| 705 | 1-bed | 1,059 sqft | AED 953KAED 952,956 · Mar 2016March 2016 | 60,000 /yr | |
| 706 | Studio | 535 sqft | AED 650KAED 650,000 · Mar 2026March 2026 | 55,000 /yr | |
| 708 | 1-bed | 925 sqft | AED 550KAED 550,000 · Apr 2021April 2021 | 60,000 /yr |
704, Niloofar Tower in numbers
- Sold twice: first on 17 March 2014 for AED 911,488, last on 23 November 2014 for AED 1,435,594 (AED 1,328 per sqft).
Source: Dubai Land Department. Updated 23 November 2014.
Questions about 704, Niloofar Tower
What did unit 704 last sell for?
AED 1,435,594 on 23 November 2014: AED 1,328 per sqft for 1,081 sqft. The unit has 2 registered sales; the first was AED 911,488 in March 2014.
How big is unit 704?
1,081 sqft (100.4 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2017.
What is unit 704 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 704, Niloofar Tower
Starts from the last sale price (AED 1.44M, 23 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,435,594
- Deposit, UAE resident (20%)
- AED 287,119
- Deposit, non-resident (40%)
- AED 574,238
- Monthly over 25 years at 3.7%
- AED 5,873
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →