3-bed · 1,851 sqftRiah Tower, Culture Village · 10th floor · completed 2016

1006, Riah Tower

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 1.44M10 January 2023
Current rentAED 121K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Riah Tower

What is 1006 worth today?

Last sold for AED 1,435,000 in 2023

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10 Mar 2024RentedRenewal
AED 120,750/yr12 months · AED 65 per sqft
10 Mar 2023RentedNew contract
AED 115,000/yr12 months · AED 62 per sqft
10 Jan 2023SoldReady
AED 1,435,000AED 775 per sqft
1 Aug 2021RentedRenewal
AED 80,000/yr6 months · AED 43 per sqft
14 Sep 2020Sold by developerReady
AED 1,480,784AED 800 per sqft
1 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
3-bed apartment
Size
1,851 sqft
Floor
10th of 16
Parking
B3-62, B3-63
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 25,700 /yr
Last sold
AED 1.44M · January 2023
Building
Riah Tower

About 1006, Riah Tower

1006 is a three-bedroom apartment of 1,851 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 10 January 2023 for AED 1,435,000, or AED 775 per sqft, 6% above the AED 734 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 120,750 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 25,700 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical three-bed in Riah Tower
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,691,790; 2018 AED 2,285,910; 2019 AED 1,875,299; 2020 AED 1,565,392; 2021 AED 1,563,983; 2022 AED 1,570,771; 2023 AED 1,626,152; 2024 AED 1,980,000; 2025 AED 2,320,000Sold by developer, September 2020: AED 1,480,784 (AED 800 per sqft)Sold, January 2023: AED 1,435,000 (AED 775 per sqft)

1006 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1006, each contractTypical three-bed in Riah Tower
75K100K125K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 122,500; 2020 AED 90,000; 2021 AED 87,000; 2022 AED 88,100; 2023 AED 100,000; 2024 AED 123,000; 2025 AED 130,000; 2026 AED 132,750New contract, August 2020: AED 80,000 a yearRenewal, August 2021: AED 80,000 a yearNew contract, March 2023: AED 115,000 a yearRenewal, March 2024: AED 120,750 a year

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

3-beds in Riah Tower, and where 1006 sits

All 49 3-beds →

1006 last sold in January 2023 at AED 775 per sqft, 6% above what three-beds in Riah Tower were fetching at the time (AED 734). Over the last 12 months three-beds sold for AED 2,000,000 to 2,600,000, around AED 1,085 per sqft, and rent for AED 115,000 to 183,500 a year. 1006's AED 120,750 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Dec 20252,600,000
27 Nov 20252,000,000
25 Nov 20252,600,000
8 May 20252,340,000
3 3-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
10012-bedAED 1.27M · Jun 2022
1002StudioAED 875K · Oct 2025
10032-bedAED 1.33M · Aug 2023
10041-bedAED 875K · Sep 2023
10051-bedAED 870K · Jul 2024
10071-bedAED 900K · Sep 2023
10082-bedAED 1.83M · Jun 2017
1–7 of 9

1006, Riah Tower in numbers

  • Sold twice: first on 14 September 2020 for AED 1,480,784, last on 10 January 2023 for AED 1,435,000 (AED 775 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 80,000 to AED 120,750 a year.
  • At AED 120,750 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 25,700 a year (AED 13.90 per sqft).
  • Three-beds in Riah Tower sold for AED 2,000,000–2,600,000 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 10 March 2024.

Questions about 1006, Riah Tower

What did unit 1006 last sell for?

AED 1,435,000 on 10 January 2023: AED 775 per sqft for 1,851 sqft. The unit has 2 registered sales; the first was AED 1,480,784 in September 2020.

What is the rent for unit 1006?

AED 120,750 a year on the contract renewed on 10 March 2024. The previous contract, from March 2023, was AED 115,000; the unit has been rented since August 2020.

How big is unit 1006?

1,851 sqft (172.0 sqm): a three-bedroom apartment on the 10th floor of a 16-storey tower completed in 2016.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Riah Tower sold for AED 2,000,000 to 2,600,000 in the last 12 months, around AED 1,085 per sqft.

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Mortgage on 1006, Riah Tower

Starts from the last sale price (AED 1.44M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,435,000
Deposit, UAE resident (20%)
AED 287,000
Deposit, non-resident (40%)
AED 574,000
Monthly over 25 years at 3.7%
AED 5,871

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