1-bed · 945 sqftRiah Tower, Culture Village · 13th floor · completed 2016

1304, Riah Tower

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 1.23M29 March 2018
Current rentAED 75K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Riah Tower

What is 1304 worth today?

Last sold for AED 1,227,903 in 2018

Unlock today's estimate, updated daily, with

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

5 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
10 Oct 2021RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
10 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
29 Mar 2018Sold by developerReady
AED 1,227,903AED 1,300 per sqft
18 Mar 2018RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
1-bed apartment
Size
945 sqft
Floor
13th of 16
Parking
B2-31
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 13,100 /yr
Last sold
AED 1.23M · March 2018
Building
Riah Tower

About 1304, Riah Tower

1304 is a one-bedroom apartment of 945 sqft on the 13th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 29 March 2018 for AED 1,227,903, or AED 1,300 per sqft, 24% above the AED 1,050 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 October 2024, is AED 75,000 a year: a gross yield of 6.1% on the 2018 price, before the service charge of about AED 13,100 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical one-bed in Riah Tower
800K1M1.2M2016201920222025Typical 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, March 2018: AED 1,227,903 (AED 1,300 per sqft)

1304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1304, each contractTypical one-bed in Riah Tower
40K60K80K2018202120242027Typical 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, March 2018: AED 70,000 a yearNew contract, October 2020: AED 45,000 a yearRenewal, October 2021: AED 45,000 a yearNew contract, October 2024: AED 75,000 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 1304 sits

All 45 1-beds →

1304 last sold in March 2018 at AED 1,300 per sqft, 24% above what one-beds in Riah Tower were fetching at the time (AED 1,050). 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. 1304's AED 75,000 is in the upper half 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 13th floor

All 156 units in Riah Tower
Value
13012-bedAED 1.4M · Mar 2025
1302StudioAED 722K · Dec 2016
13032-bedAED 1M · Jun 2019
13051-bedAED 920K · Oct 2024
13063-bedAED 1.95M · Jan 2025
13071-bedAED 950K · Oct 2024
13082-bedAED 1.33M · Feb 2025
1–7 of 9

1304, Riah Tower in numbers

  • Sold once: by Radiant Star Properties on 29 March 2018 for AED 1,227,903, or AED 1,300 per sqft.
  • Rented since March 2018 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 75,000 by October 2024.
  • At AED 75,000 a year the gross yield on the 2018 price is 6.1%, before a service charge of about AED 13,100 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 5 October 2024.

Questions about 1304, Riah Tower

What did unit 1304 last sell for?

AED 1,227,903 on 29 March 2018, sold by the developer: AED 1,300 per sqft for 945 sqft. It is the only registered sale of the unit.

What is the rent for unit 1304?

AED 75,000 a year on the contract signed on 5 October 2024. The previous contract, from October 2021, was AED 45,000; the unit has been rented since March 2018.

How big is unit 1304?

945 sqft (87.8 sqm): a one-bedroom apartment on the 13th floor of a 16-storey tower completed in 2016.

What is unit 1304 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.

Selling 1304? 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 1304, Riah Tower

Starts from the last sale price (AED 1.23M, 29 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,227,903
Deposit, UAE resident (20%)
AED 245,581
Deposit, non-resident (40%)
AED 491,161
Monthly over 25 years at 3.7%
AED 5,024

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