706, Niloofar Tower
Sold prices and rental history: sold 3 times, last in March 2026, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Niloofar Tower
What is 706 worth today?
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Source: Dubai Land Department. Updated 21 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 535 sqft
- Floor
- 7th of 12
- Parking
- B3-11
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 9,800 /yr
- Last sold
- AED 650K · March 2026
- Building
- Niloofar Tower
About 706, Niloofar Tower
706 is a studio of 535 sqft on the 7th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 17 March 2026 for AED 650,000, or AED 1,216 per sqft.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 21 June 2026, is AED 55,000 a year: a gross yield of 8.5% on the 2026 price, before the service charge of about AED 9,800 a year.
Sales and rents for 706 over time
706 has sold 3 times; 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 706 sits
All 24 studios →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. 706's AED 55,000 is at the top 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 | ||
| 11 Apr 202211 April 2022 | 535 sqft | 430,000 | 804 | ||
| 21 Feb 202221 February 2022 | 654 sqft | 465,330 | 711 | ||
| 17 Oct 202117 October 2021 | 535 sqft | 400,000 | 748 |
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 | |
| 704 | 1-bed | 1,081 sqft | AED 1.44MAED 1,435,594 · Nov 2014November 2014 | ||
| 705 | 1-bed | 1,059 sqft | AED 953KAED 952,956 · Mar 2016March 2016 | 60,000 /yr | |
| 708 | 1-bed | 925 sqft | AED 550KAED 550,000 · Apr 2021April 2021 | 60,000 /yr |
706, Niloofar Tower in numbers
- Sold 3 times: first on 23 March 2016 for AED 481,086, last on 17 March 2026 for AED 650,000 (AED 1,216 per sqft).
- Rented since June 2018 on 2 Ejari contracts, from AED 40,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2026 price is 8.5%, 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 21 June 2026.
Questions about 706, Niloofar Tower
What did unit 706 last sell for?
AED 650,000 on 17 March 2026: AED 1,216 per sqft for 535 sqft. The unit has 3 registered sales; the first was AED 481,086 in March 2016.
What is the rent for unit 706?
AED 55,000 a year on the contract signed on 21 June 2026. The previous contract, from June 2018, was AED 40,000.
How big is unit 706?
535 sqft (49.7 sqm): a studio on the 7th floor of a 12-storey tower completed in 2017.
What is unit 706 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 706, Niloofar Tower
Starts from the last sale price (AED 650K, 17 March 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →