2-bed · 1,485 sqftRiah Tower, Culture Village · 12th floor · completed 2016

1208, Riah Tower

Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 28 August 2017
Last soldAED 1.82M28 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Riah Tower

What is 1208 worth today?

Last sold for AED 1,819,620 in 2017

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28 Aug 2017Sold by developerOff-plan
AED 1,819,620AED 1,224 per sqft

Source: Dubai Land Department. Updated 28 August 2017.

Key facts

Type
2-bed apartment
Size
1,485 sqft
Floor
12th of 16
Parking
B2-09
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 20,600 /yr
Last sold
AED 1.82M · August 2017
Building
Riah Tower

About 1208, Riah Tower

1208 is a two-bedroom apartment of 1,485 sqft on the 12th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 28 August 2017 for AED 1,819,620, or AED 1,224 per sqft, 47% above the AED 834 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical two-bed in Riah Tower
1.5M2016201920222025Typical sale price by year: 2016 AED 1,233,719; 2017 AED 1,772,521; 2018 AED 1,485,432; 2019 AED 1,271,199; 2020 AED 1,187,500; 2021 AED 1,316,824; 2022 AED 1,178,294; 2023 AED 1,308,408; 2024 AED 1,400,000; 2025 AED 1,555,000; 2026 AED 1,700,000Sold by developer, August 2017: AED 1,819,620 (AED 1,224 per sqft)

1208 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, each contractTypical two-bed in Riah Tower
80K100K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 73,500; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 100,000

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

2-beds in Riah Tower, and where 1208 sits

All 47 2-beds →

1208 last sold in August 2017 at AED 1,224 per sqft, 47% above what two-beds in Riah Tower were fetching at the time (AED 834). Over the last 12 months two-beds sold for AED 1,510,000 to 2,100,000, around AED 1,109 per sqft, and rent for AED 85,000 to 127,500 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Sep 20261,510,000
24 Jun 20262,100,000
23 Mar 20261,700,000
24 Dec 20251,600,000
4 2-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 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
12051-bedAED 800K · Jan 2023
12063-bedAED 1.2M · Feb 2018
12071-bedAED 1.24M · Aug 2017
1–7 of 9

1208, Riah Tower in numbers

  • Sold once: by Radiant Star Properties on 28 August 2017 for AED 1,819,620, or AED 1,224 per sqft.
  • Two-beds in Riah Tower sold for AED 1,510,000–2,100,000 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 28 August 2017.

Questions about 1208, Riah Tower

What did unit 1208 last sell for?

AED 1,819,620 on 28 August 2017, sold by the developer: AED 1,224 per sqft for 1,485 sqft. It is the only registered sale of the unit.

How big is unit 1208?

1,485 sqft (138.0 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2016.

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Riah Tower sold for AED 1,510,000 to 2,100,000 in the last 12 months, around AED 1,109 per sqft.

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Mortgage on 1208, Riah Tower

Starts from the last sale price (AED 1.82M, 28 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,819,620
Deposit, UAE resident (20%)
AED 363,924
Deposit, non-resident (40%)
AED 727,848
Monthly over 25 years at 3.7%
AED 7,445

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