Studio · 614 sqftRiah Tower, Culture Village · 14th floor · completed 2016

1402, Riah Tower

Sold prices and rental history: sold twice, last in December 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 9 December 2022
Last soldAED 535K9 December 2022
Current rentAED 30K /yr7 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Riah Tower

What is 1402 worth today?

Last sold for AED 535,000 in 2022

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9 Dec 2022SoldReady
AED 535,000AED 871 per sqft
7 May 2021RentedNew contract
AED 30,000/yr12 months · AED 49 per sqft
10 Dec 2020RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
14 Feb 2018Sold by developerReady
AED 491,184AED 800 per sqft

Source: Dubai Land Department. Updated 9 December 2022.

Key facts

Type
Studio apartment
Size
614 sqft
Floor
14th of 16
Parking
B2-39
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 8,500 /yr
Last sold
AED 535K · December 2022
Building
Riah Tower

About 1402, Riah Tower

1402 is a studio of 614 sqft on the 14th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 9 December 2022 for AED 535,000, or AED 871 per sqft, 17% above the AED 747 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 7 May 2021, is AED 30,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 8,500 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical studio in Riah Tower
600K800K20162018202020222024Typical sale price by year: 2016 AED 755,179; 2018 AED 665,066; 2022 AED 535,000; 2023 AED 650,000Sold by developer, February 2018: AED 491,184 (AED 800 per sqft)Sold, December 2022: AED 535,000 (AED 871 per sqft)

1402 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, each contractTypical studio in Riah Tower
40K60K2018202120242027Typical rent by year: 2018 AED 55,000; 2019 AED 49,000; 2020 AED 38,000; 2021 AED 30,750; 2022 AED 39,500; 2023 AED 46,000; 2024 AED 49,000; 2025 AED 49,316; 2026 AED 57,920New contract, December 2020: AED 32,000 a yearNew contract, May 2021: AED 30,000 a year

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 1402 sits

All 15 studios →

1402 last sold in December 2022 at AED 871 per sqft, 17% above what studios in Riah Tower were fetching at the time (AED 747). 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. 1402's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jan 2026820,000
7 Oct 2025875,000
27 Jan 2025875,000
18 Sep 2024660,000
1 studio 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 14th floor

All 156 units in Riah Tower
Value
14012-bedAED 2.1M · Jun 2026
14032-bedAED 1.12M · Apr 2023
14041-bedAED 1.18M · Feb 2018
14051-bedAED 531K · Feb 2018
14063-bedAED 1.24M · Dec 2020
14071-bedAED 1.06M · Nov 2024
14082-bedAED 1.34M · May 2023
1–7 of 9

1402, Riah Tower in numbers

  • Sold twice: first on 14 February 2018 for AED 491,184, last on 9 December 2022 for AED 535,000 (AED 871 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 32,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2022 price is 5.6%, 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 9 December 2022.

Questions about 1402, Riah Tower

What did unit 1402 last sell for?

AED 535,000 on 9 December 2022: AED 871 per sqft for 614 sqft. The unit has 2 registered sales; the first was AED 491,184 in February 2018.

What is the rent for unit 1402?

AED 30,000 a year on the contract signed on 7 May 2021. The previous contract, from December 2020, was AED 32,000.

How big is unit 1402?

614 sqft (57.0 sqm): a studio on the 14th floor of a 16-storey tower completed in 2016.

What is unit 1402 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 1402, Riah Tower

Starts from the last sale price (AED 535K, 9 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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