1-bed · 945 sqftRiah Tower, Culture Village · 10th floor · completed 2016

1004, Riah Tower

Sold prices and rental history: sold twice, last in September 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 13 September 2023
Last soldAED 875K13 September 2023
Current rentAED 50K /yr12 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Riah Tower

What is 1004 worth today?

Last sold for AED 875,000 in 2023

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13 Sep 2023SoldReady
AED 875,000AED 926 per sqft
12 Nov 2020RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
12 Nov 2019RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
12 Nov 2018RentedNew contract
AED 67,000/yr12 months · AED 71 per sqft
27 Sep 2018Sold by developerReady
AED 1,101,960AED 1,166 per sqft

Source: Dubai Land Department. Updated 13 September 2023.

Key facts

Type
1-bed apartment
Size
945 sqft
Floor
10th of 16
Parking
B3-60
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 13,100 /yr
Last sold
AED 875K · September 2023
Building
Riah Tower

About 1004, Riah Tower

1004 is a one-bedroom apartment of 945 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 13 September 2023 for AED 875,000, or AED 926 per sqft, 5% above the AED 886 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 12 November 2020, is AED 50,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 13,100 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Riah Tower
800K1M2016201920222025Typical sale price by year: 2016 AED 862,006; 2017 AED 1,019,652; 2018 AED 1,050,980; 2019 AED 941,010; 2021 AED 885,400; 2022 AED 797,743; 2023 AED 875,000; 2024 AED 905,000; 2025 AED 1,130,000Sold by developer, September 2018: AED 1,101,960 (AED 1,166 per sqft)Sold, September 2023: AED 875,000 (AED 926 per sqft)

1004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Riah Tower
60K2018202120242027Typical rent by year: 2018 AED 69,500; 2019 AED 62,000; 2020 AED 51,136; 2021 AED 49,000; 2022 AED 52,000; 2023 AED 56,000; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 73,000New contract, November 2018: AED 67,000 a yearRenewal, November 2019: AED 50,000 a yearRenewal, November 2020: AED 50,000 a year

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

1-beds in Riah Tower, and where 1004 sits

All 45 1-beds →

1004 last sold in September 2023 at AED 926 per sqft, 5% above what one-beds in Riah Tower were fetching at the time (AED 886). Over the last 12 months one-beds sold for AED 1,350,000, around AED 1,219 per sqft, and rent for AED 60,900 to 85,000 a year. 1004's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Nov 20251,350,000
25 Jun 20251,050,000
7 May 20251,130,000
15 Nov 20241,060,000
1 1-bed sale 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
10012-bedAED 1.27M · Jun 2022
1002StudioAED 875K · Oct 2025
10032-bedAED 1.33M · Aug 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

1004, Riah Tower in numbers

  • Sold twice: first on 27 September 2018 for AED 1,101,960, last on 13 September 2023 for AED 875,000 (AED 926 per sqft).
  • Rented since November 2018 on 3 Ejari contracts, from AED 67,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 13,100 a year (AED 13.90 per sqft).
  • One-beds in Riah Tower sold for AED 1,350,000–1,350,000 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 13 September 2023.

Questions about 1004, Riah Tower

What did unit 1004 last sell for?

AED 875,000 on 13 September 2023: AED 926 per sqft for 945 sqft. The unit has 2 registered sales; the first was AED 1,101,960 in September 2018.

What is the rent for unit 1004?

AED 50,000 a year on the contract renewed on 12 November 2020. The previous contract, from November 2019, was AED 50,000; the unit has been rented since November 2018.

How big is unit 1004?

945 sqft (87.8 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2016.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Riah Tower sold for AED 1,350,000 to 1,350,000 in the last 12 months, around AED 1,219 per sqft.

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Mortgage on 1004, Riah Tower

Starts from the last sale price (AED 875K, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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