1-bed · 1,059 sqftNiloofar Tower, Culture Village · 7th floor · completed 2017

705, Niloofar Tower

Sold prices and rental history: sold once, by the developer in March 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 7 July 2026
Last soldAED 953K23 March 2016
Current rentAED 60K /yr7 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Niloofar Tower

What is 705 worth today?

Last sold for AED 952,956 in 2016

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7 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
16 Mar 2019RentedNew contract
AED 58,000/yr12 months · AED 55 per sqft
22 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
23 Mar 2016Sold by developerOff-plan
AED 952,956AED 899 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type
1-bed apartment
Size
1,059 sqft
Floor
7th of 12
Parking
B3-12
Developer
RMG
Completed
2017
Service charge
AED 19,500 /yr
Last sold
AED 953K · March 2016

About 705, Niloofar Tower

705 is a one-bedroom apartment of 1,059 sqft on the 7th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. The developer sold it on 23 March 2016 for AED 952,956, or AED 899 per sqft, in line with the AED 900 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 7 July 2026, is AED 60,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 19,500 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Niloofar Tower
1M2M2011201420172020Typical sale price by year: 2011 AED 1,950,415; 2013 AED 824,814; 2014 AED 919,097; 2015 AED 1,169,793; 2016 AED 834,008; 2021 AED 675,150Sold by developer, March 2016: AED 952,956 (AED 899 per sqft)

705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 705, each contractTypical one-bed in Niloofar Tower
50K60K2018202120242027Typical rent by year: 2018 AED 62,000; 2019 AED 59,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 46,200; 2023 AED 51,410; 2024 AED 55,000; 2025 AED 62,000; 2026 AED 60,000New contract, February 2018: AED 65,000 a yearNew contract, March 2019: AED 58,000 a yearNew contract, July 2026: AED 60,000 a year

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 705 sits

All 46 1-beds →

705 last sold in March 2016 at AED 899 per sqft, in line with what one-beds in Niloofar Tower were fetching at the time (AED 900). 705's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Feb 2022598,220
11 Aug 2021750,000
29 Jun 2021675,299
8 Jun 2021675,000
0 1-bed sales in the last 12 months

Niloofar Tower

Building

93 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%
Niloofar Tower, Culture Village: prices, sales and rents →

Other units on the 7th floor

All 93 units in Niloofar Tower
Value
7011-bedAED 750K · Aug 2021
7022-bedAED 1.02M · Dec 2017
703StudioAED 588K · Jan 2018
7041-bedAED 1.44M · Nov 2014
706StudioAED 650K · Mar 2026
7081-bedAED 550K · Apr 2021

705, Niloofar Tower in numbers

  • Sold once: by RMG on 23 March 2016 for AED 952,956, or AED 899 per sqft.
  • Rented since February 2018 on 3 Ejari contracts, from AED 65,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 19,500 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 7 July 2026.

Questions about 705, Niloofar Tower

What did unit 705 last sell for?

AED 952,956 on 23 March 2016, sold by the developer: AED 899 per sqft for 1,059 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 60,000 a year on the contract signed on 7 July 2026. The previous contract, from March 2019, was AED 58,000; the unit has been rented since February 2018.

How big is unit 705?

1,059 sqft (98.4 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2017.

What is unit 705 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 705, Niloofar Tower

Starts from the last sale price (AED 953K, 23 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 952,956
Deposit, UAE resident (20%)
AED 190,591
Deposit, non-resident (40%)
AED 381,182
Monthly over 25 years at 3.7%
AED 3,899

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →