801, Niloofar Tower
Sold prices and rental history: sold 3 times, last in February 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 801, Niloofar Tower
What is 801 worth today?
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Source: Dubai Land Department. Updated 10 December 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 904 sqft
- Floor
- 8th of 12
- Parking
- B3-09
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 16,600 /yr
- Last sold
- AED 750K · February 2020
- Building
- Niloofar Tower
About 801, Niloofar Tower
801 is a one-bedroom apartment of 904 sqft on the 8th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 9 February 2020 for AED 750,000, or AED 829 per sqft.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 December 2020, is AED 52,000 a year: a gross yield of 6.9% on the 2020 price, before the service charge of about AED 16,600 a year.
Sales and rents for 801 over time
801 has sold 3 times; 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 801 sits
All 46 1-beds →801's AED 52,000 is in the lower half of that range.
| 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 8th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 802 | 2-bed | 1,280 sqft | AED 800KAED 800,000 · Oct 2021October 2021 | 84,000 /yr | |
| 803 | Studio | 653 sqft | AED 901KAED 901,366 · Dec 2014December 2014 | 36,000 /yr | |
| 804 | 1-bed | 1,081 sqft | AED 1.57MAED 1,566,972 · Jul 2014July 2014 | 65,000 /yr | |
| 805 | 1-bed | 1,059 sqft | AED 1.12MAED 1,120,850 · Dec 2015December 2015 | 68,000 /yr | |
| 806 | Studio | 535 sqft | AED 430KAED 430,000 · Apr 2022April 2022 | 50,000 /yr | |
| 807 | 2-bed | 1,391 sqft | AED 1.47MAED 1,467,259 · Feb 2014February 2014 | 92,000 /yr | |
| 808 | 1-bed | 905 sqft | AED 1.93MAED 1,934,658 · Jan 2015January 2015 | 66,000 /yr |
801, Niloofar Tower in numbers
- Sold 3 times: first on 8 November 2015 for AED 1,019,174, last on 9 February 2020 for AED 750,000 (AED 829 per sqft).
- Rented since September 2019 on 2 Ejari contracts, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2020 price is 6.9%, before a service charge of about AED 16,600 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 10 December 2020.
Questions about 801, Niloofar Tower
What did unit 801 last sell for?
AED 750,000 on 9 February 2020: AED 829 per sqft for 904 sqft. The unit has 3 registered sales; the first was AED 1,019,174 in November 2015.
What is the rent for unit 801?
AED 52,000 a year on the contract signed on 10 December 2020. The previous contract, from September 2019, was AED 52,000.
How big is unit 801?
904 sqft (84.0 sqm): a one-bedroom apartment on the 8th floor of a 12-storey tower completed in 2017.
What is unit 801 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 801, Niloofar Tower
Starts from the last sale price (AED 750K, 9 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →