2-bed · 1,646 sqftRiah Tower, Culture Village · 10th floor · completed 2016

1001, Riah Tower

Sold prices and rental history: sold twice, last in June 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 1.27M24 June 2022
Current rentAED 70K /yr31 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Riah Tower

What is 1001 worth today?

Last sold for AED 1,270,000 in 2022

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24 Jun 2022SoldReady
AED 1,270,000AED 771 per sqft
22 Dec 2021Sold by developerReady
AED 1,316,900AED 800 per sqft
31 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 43 per sqft
20 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 24 June 2022.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
10th of 16
Parking
B3-54
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 22,900 /yr
Last sold
AED 1.27M · June 2022
Building
Riah Tower

About 1001, Riah Tower

1001 is a two-bedroom apartment of 1,646 sqft on the 10th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 24 June 2022 for AED 1,270,000, or AED 771 per sqft, 4% below the AED 800 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 31 October 2021, is AED 70,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Riah Tower
1.5M2016201920222025Typical sale price by year: 2016 AED 1,233,719; 2017 AED 1,772,521; 2018 AED 1,485,432; 2019 AED 1,271,199; 2020 AED 1,187,500; 2021 AED 1,316,824; 2022 AED 1,178,294; 2023 AED 1,308,408; 2024 AED 1,400,000; 2025 AED 1,555,000; 2026 AED 1,700,000Sold by developer, December 2021: AED 1,316,900 (AED 800 per sqft)Sold, June 2022: AED 1,270,000 (AED 771 per sqft)

1001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Riah Tower
80K100K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 73,500; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 100,000New contract, October 2021: AED 70,000 a yearNew contract, October 2021: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Riah Tower, and where 1001 sits

All 47 2-beds →

1001 last sold in June 2022 at AED 771 per sqft, 4% below what two-beds in Riah Tower were fetching at the time (AED 800). Over the last 12 months two-beds sold for AED 1,510,000 to 2,100,000, around AED 1,109 per sqft, and rent for AED 85,000 to 127,500 a year. 1001's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Sep 20261,510,000
24 Jun 20262,100,000
23 Mar 20261,700,000
24 Dec 20251,600,000
4 2-bed sales in the last 12 months

Riah Tower

Building

156 apartments, studios to 3-bed over 16 floors in Culture Village, completed in 2016 by Radiant Star Properties. 9 sold in the last 12 months.

Typical price per sqft
AED 1,153
Typical sale
AED 1.7M
Typical rent
AED 95K /yr
Typical yield
5.9%
Riah Tower, Culture Village: prices, sales and rents →

Other units on the 10th floor

All 156 units in Riah Tower
Value
1002StudioAED 875K · Oct 2025
10032-bedAED 1.33M · Aug 2023
10041-bedAED 875K · Sep 2023
10051-bedAED 870K · Jul 2024
10063-bedAED 1.44M · Jan 2023
10071-bedAED 900K · Sep 2023
10082-bedAED 1.83M · Jun 2017
1–7 of 9

1001, Riah Tower in numbers

  • Sold twice: first on 22 December 2021 for AED 1,316,900, last on 24 June 2022 for AED 1,270,000 (AED 771 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 22,900 a year (AED 13.90 per sqft).
  • Two-beds in Riah Tower sold for AED 1,510,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,153 per sqft.

Source: Dubai Land Department. Updated 24 June 2022.

Questions about 1001, Riah Tower

What did unit 1001 last sell for?

AED 1,270,000 on 24 June 2022: AED 771 per sqft for 1,646 sqft. The unit has 2 registered sales; the first was AED 1,316,900 in December 2021.

What is the rent for unit 1001?

AED 70,000 a year on the contract signed on 31 October 2021. The previous contract, from October 2021, was AED 70,000.

How big is unit 1001?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2016.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Riah Tower sold for AED 1,510,000 to 2,100,000 in the last 12 months, around AED 1,109 per sqft.

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Mortgage on 1001, Riah Tower

Starts from the last sale price (AED 1.27M, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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