1-bed · 867 sqftRiah Tower, Culture Village · 12th floor · completed 2016

1205, Riah Tower

Sold prices and rental history: sold twice, last in January 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 30 January 2023
Last soldAED 800K30 January 2023
Current rentAED 43K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Riah Tower

What is 1205 worth today?

Last sold for AED 800,000 in 2023

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30 Jan 2023SoldReady
AED 800,000AED 922 per sqft
1 Jan 2021RentedNew contract
AED 43,000/yr12 months · AED 49 per sqft
8 Nov 2017RentedNew contract
AED 74,000/yr12 months · AED 85 per sqft
12 Jan 2017Sold by developerOff-plan
AED 939,267AED 1,083 per sqft

Source: Dubai Land Department. Updated 30 January 2023.

Key facts

Type
1-bed apartment
Size
867 sqft
Floor
12th of 16
Parking
B2-22
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 12,100 /yr
Last sold
AED 800K · January 2023
Building
Riah Tower

About 1205, Riah Tower

1205 is a one-bedroom apartment of 867 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 30 January 2023 for AED 800,000, or AED 922 per sqft, 25% above the AED 736 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 January 2021, is AED 43,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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, January 2017: AED 939,267 (AED 1,083 per sqft)Sold, January 2023: AED 800,000 (AED 922 per sqft)

1205 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1205, each contractTypical one-bed in Riah Tower
40K60K80K2017202020232026Typical 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 2017: AED 74,000 a yearNew contract, January 2021: AED 43,000 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 1205 sits

All 45 1-beds →

1205 last sold in January 2023 at AED 922 per sqft, 25% above what one-beds in Riah Tower were fetching at the time (AED 736). 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. 1205's AED 43,000 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 12th floor

All 156 units in Riah Tower
Value
12012-bedAED 1.4M · Jul 2024
1202StudioAED 650K · Mar 2023
12032-bedAED 1.84M · May 2018
12041-bedAED 920K · Jun 2024
12063-bedAED 1.2M · Feb 2018
12071-bedAED 1.24M · Aug 2017
12082-bedAED 1.82M · Aug 2017
1–7 of 9

1205, Riah Tower in numbers

  • Sold twice: first on 12 January 2017 for AED 939,267, last on 30 January 2023 for AED 800,000 (AED 922 per sqft).
  • Rented since November 2017 on 2 Ejari contracts, from AED 74,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 12,100 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 30 January 2023.

Questions about 1205, Riah Tower

What did unit 1205 last sell for?

AED 800,000 on 30 January 2023: AED 922 per sqft for 867 sqft. The unit has 2 registered sales; the first was AED 939,267 in January 2017.

What is the rent for unit 1205?

AED 43,000 a year on the contract signed on 1 January 2021. The previous contract, from November 2017, was AED 74,000.

How big is unit 1205?

867 sqft (80.5 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2016.

What is unit 1205 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 1205, Riah Tower

Starts from the last sale price (AED 800K, 30 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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