908, Niloofar Tower
Sold prices and rental history: sold twice, last in June 2021, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 908, Niloofar Tower
What is 908 worth today?
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Source: Dubai Land Department. Updated 25 January 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 897 sqft
- Floor
- 9th of 12
- Parking
- B4-12
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 16,500 /yr
- Last sold
- AED 675K · June 2021
- Building
- Niloofar Tower
About 908, Niloofar Tower
908 is a one-bedroom apartment of 897 sqft on the 9th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 8 June 2021 for AED 675,000, or AED 752 per sqft.
One Ejari contract is registered, from 25 January 2022. The current contract, signed on 25 January 2022, is AED 20,000 a year: a gross yield of 3.0% on the 2021 price, before the service charge of about AED 16,500 a year.
Sales and rents for 908 over time
908 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 908 sits
All 46 1-beds →908's AED 20,000 is at the bottom 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 | ||
| 15 Apr 202115 April 2021 | 925 sqft | 550,000 | 594 |
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 | |
| 905 | 1-bed | 1,001 sqft | AED 2.09MAED 2,086,330 · Apr 2011April 2011 | 62,000 /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, Niloofar Tower in numbers
- Sold twice: first on 13 March 2012 for AED 1,808,080, last on 8 June 2021 for AED 675,000 (AED 752 per sqft).
- Rented since January 2022 on one Ejari contract, at AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2021 price is 3.0%, before a service charge of about AED 16,500 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 25 January 2022.
Questions about 908, Niloofar Tower
What did unit 908 last sell for?
AED 675,000 on 8 June 2021: AED 752 per sqft for 897 sqft. The unit has 2 registered sales; the first was AED 1,808,080 in March 2012.
What is the rent for unit 908?
AED 20,000 a year on the contract signed on 25 January 2022.
How big is unit 908?
897 sqft (83.3 sqm): a one-bedroom apartment on the 9th floor of a 12-storey tower completed in 2017.
What is unit 908 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 908, Niloofar Tower
Starts from the last sale price (AED 675K, 8 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →