1202, Riah Tower
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Riah Tower
What is 1202 worth today?
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Source: Dubai Land Department. Updated 29 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 615 sqft
- Floor
- 12th of 16
- Parking
- B2-19
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 8,500 /yr
- Last sold
- AED 650K · March 2023
- Building
- Riah Tower
About 1202, Riah Tower
1202 is a studio of 615 sqft on the 12th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 29 March 2023 for AED 650,000, or AED 1,057 per sqft, 21% above the AED 871 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 25 July 2022, is AED 40,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 8,500 a year.
Sales and rents for 1202 over time
1202 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Riah Tower, and where 1202 sits
All 15 studios →1202 last sold in March 2023 at AED 1,057 per sqft, 21% above what studios in Riah Tower were fetching at the time (AED 871). Over the last 12 months studios sold for AED 820,000, around AED 1,225 per sqft, and rent for AED 30,000 to 80,000 a year. 1202's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 669 sqft | 820,000 | 1,225 | ||
| 7 Oct 20257 October 2025 | 669 sqft | 875,000 | 1,307 | ||
| 27 Jan 202527 January 2025 | 1,055 sqft | 875,000 | 829 | ||
| 18 Sep 202418 September 2024 | 669 sqft | 660,000 | 986 |
Riah Tower
Building156 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%
Other units on the 12th floor
All 156 units in Riah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,646 sqft | AED 1.4MAED 1,400,000 · Jul 2024July 2024 | 180,000 /yr | |
| 1203 | 2-bed | 1,419 sqft | AED 1.84MAED 1,844,583 · May 2018May 2018 | 90,000 /yr | |
| 1204 | 1-bed | 945 sqft | AED 920KAED 920,000 · Jun 2024June 2024 | 30,000 /yr | |
| 1205 | 1-bed | 867 sqft | AED 800KAED 800,000 · Jan 2023January 2023 | 43,000 /yr | |
| 1206 | 3-bed | 1,850 sqft | AED 1.2MAED 1,196,225 · Feb 2018February 2018 | ||
| 1207 | 1-bed | 1,107 sqft | AED 1.24MAED 1,240,801 · Aug 2017August 2017 | 80,000 /yr | |
| 1208 | 2-bed | 1,485 sqft | AED 1.82MAED 1,819,620 · Aug 2017August 2017 | ||
| 1209 | 3-bed | 1,994 sqft | AED 2.46MAED 2,462,460 · Aug 2017August 2017 | 70,000 /yr | |
| 1210 | 3-bed | 2,078 sqft | AED 2.2MAED 2,200,000 · Sep 2024September 2024 | 183,500 /yr |
1202, Riah Tower in numbers
- Sold twice: first on 27 September 2017 for AED 722,486, last on 29 March 2023 for AED 650,000 (AED 1,057 per sqft).
- Rented since August 2018 on 4 Ejari contracts, from AED 55,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 8,500 a year (AED 13.90 per sqft).
- Studios in Riah Tower sold for AED 820,000–820,000 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 29 March 2023.
Questions about 1202, Riah Tower
What did unit 1202 last sell for?
AED 650,000 on 29 March 2023: AED 1,057 per sqft for 615 sqft. The unit has 2 registered sales; the first was AED 722,486 in September 2017.
What is the rent for unit 1202?
AED 40,000 a year on the contract signed on 25 July 2022. The previous contract, from December 2020, was AED 40,000; the unit has been rented since August 2018.
How big is unit 1202?
615 sqft (57.1 sqm): a studio on the 12th floor of a 16-storey tower completed in 2016.
What is unit 1202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Riah Tower sold for AED 820,000 to 820,000 in the last 12 months, around AED 1,225 per sqft.
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Mortgage on 1202, Riah Tower
Starts from the last sale price (AED 650K, 29 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →