3-bed · 3,555 sqftRiah Tower, Culture Village · 1st floor · completed 2016

106, Riah Tower

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 23 August 2021
Last soldAED 1.72M23 August 2021
Current rentAED 90K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Riah Tower

What is 106 worth today?

Last sold for AED 1,716,500 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Aug 2021Sold by developerReady
AED 1,716,500AED 482 per sqft
1 Sep 2020RentedNew contract
AED 90,000/yr12 months · AED 25 per sqft
15 Mar 2020RentedRenewal
AED 105,000/yr12 months · AED 30 per sqft
15 Mar 2019RentedNew contract
AED 140,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 23 August 2021.

Key facts

Type
3-bed apartment
Size
3,555 sqft
Floor
1st of 16
Parking
B1-17, B1-18
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 49,400 /yr
Last sold
AED 1.72M · August 2021
Building
Riah Tower

About 106, Riah Tower

106 is a three-bedroom apartment of 3,555 sqft on the 1st floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 23 August 2021 for AED 1,716,500, or AED 482 per sqft, 35% below the AED 737 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 September 2020, is AED 90,000 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 49,400 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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, August 2021: AED 1,716,500 (AED 482 per sqft)

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

Rents
Unit 106, each contractTypical three-bed in Riah Tower
100K125K2018202120242027Typical 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, March 2019: AED 140,000 a yearRenewal, March 2020: AED 105,000 a yearNew contract, September 2020: AED 90,000 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 106 sits

All 49 3-beds →

106 last sold in August 2021 at AED 482 per sqft, 35% below what three-beds in Riah Tower were fetching at the time (AED 737). 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. 106's AED 90,000 is at the bottom 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 1st floor

All 156 units in Riah Tower
Value
1012-bedAED 2M · Oct 2024
102StudioAED 875K · Jan 2025
1032-bedAED 1M · Oct 2020
1041-bedAED 756K · Sep 2024
1051-bedAED 850K · Jul 2019
1071-bedAED 830K · Nov 2021
1082-bedAED 1.15M · Jun 2022
1–7 of 9

106, Riah Tower in numbers

  • Sold once: by Radiant Star Properties on 23 August 2021 for AED 1,716,500, or AED 482 per sqft.
  • Rented since March 2019 on 3 Ejari contracts, from AED 140,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 5.2%, before a service charge of about AED 49,400 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 23 August 2021.

Questions about 106, Riah Tower

What did unit 106 last sell for?

AED 1,716,500 on 23 August 2021, sold by the developer: AED 482 per sqft for 3,555 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 90,000 a year on the contract signed on 1 September 2020. The previous contract, from March 2020, was AED 105,000; the unit has been rented since March 2019.

How big is unit 106?

3,555 sqft (330.3 sqm): a three-bedroom apartment on the 1st floor of a 16-storey tower completed in 2016.

What is unit 106 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.

Selling 106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 106, Riah Tower

Starts from the last sale price (AED 1.72M, 23 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,716,500
Deposit, UAE resident (20%)
AED 343,300
Deposit, non-resident (40%)
AED 686,600
Monthly over 25 years at 3.7%
AED 7,023

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