905, Niloofar Tower
Sold prices and rental history: sold once, by the developer in April 2011, and rented once, from May 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 905, Niloofar Tower
What is 905 worth today?
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Source: Dubai Land Department. Updated 15 May 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 1,001 sqft
- Floor
- 9th of 12
- Parking
- B4-17
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 18,400 /yr
- Last sold
- AED 2.09M · April 2011
- Building
- Niloofar Tower
About 905, Niloofar Tower
905 is a one-bedroom apartment of 1,001 sqft on the 9th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. The developer sold it on 20 April 2011 for AED 2,086,330, or AED 2,083 per sqft, in line with the AED 2,078 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2019. The current contract, signed on 15 May 2019, is AED 62,000 a year: a gross yield of 3.0% on the 2011 price, before the service charge of about AED 18,400 a year.
Sales and rents for 905 over time
905 has sold once; 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 905 sits
All 46 1-beds →905 last sold in April 2011 at AED 2,083 per sqft, in line with what one-beds in Niloofar Tower were fetching at the time (AED 2,078). 905's AED 62,000 is in the upper 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 9th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 896 sqft | AED 811KAED 810,558 · Mar 2016March 2016 | 45,150 /yr | |
| 902 | 2-bed | 1,257 sqft | AED 915KAED 914,951 · Jun 2021June 2021 | 85,000 /yr | |
| 903 | Studio | 654 sqft | AED 1.32MAED 1,320,655 · Apr 2011April 2011 | 36,000 /yr | |
| 904 | 1-bed | 1,021 sqft | AED 2.12MAED 2,123,000 · Apr 2011April 2011 | 55,000 /yr | |
| 906 | Studio | 534 sqft | AED 1.32MAED 1,320,655 · Apr 2011April 2011 | 36,000 /yr | |
| 907 | 2-bed | 1,368 sqft | AED 2.74MAED 2,737,900 · Mar 2012March 2012 | 85,000 /yr | |
| 908 | 1-bed | 897 sqft | AED 675KAED 675,000 · Jun 2021June 2021 | 20,000 /yr |
905, Niloofar Tower in numbers
- Sold once: by RMG on 20 April 2011 for AED 2,086,330, or AED 2,083 per sqft.
- Rented since May 2019 on one Ejari contract, at AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2011 price is 3.0%, before a service charge of about AED 18,400 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 15 May 2019.
Questions about 905, Niloofar Tower
What did unit 905 last sell for?
AED 2,086,330 on 20 April 2011, sold by the developer: AED 2,083 per sqft for 1,001 sqft. It is the only registered sale of the unit.
What is the rent for unit 905?
AED 62,000 a year on the contract signed on 15 May 2019.
How big is unit 905?
1,001 sqft (93.0 sqm): a one-bedroom apartment on the 9th floor of a 12-storey tower completed in 2017.
What is unit 905 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 905, Niloofar Tower
Starts from the last sale price (AED 2.09M, 20 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,086,330
- Deposit, UAE resident (20%)
- AED 417,266
- Deposit, non-resident (40%)
- AED 834,532
- Monthly over 25 years at 3.7%
- AED 8,536
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →