2-bed · 1,364 sqftRiah Tower, Culture Village · 14th floor · completed 2016

1403, Riah Tower

Sold prices and rental history: sold twice, last in April 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 6 April 2023
Last soldAED 1.12M6 April 2023
Current rentAED 68K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Riah Tower

What is 1403 worth today?

Last sold for AED 1,120,000 in 2023

Unlock today's estimate, updated daily, with

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

6 Apr 2023SoldReady
AED 1,120,000AED 820 per sqft
25 Mar 2022RentedRenewal
AED 68,000/yr12 months · AED 50 per sqft
25 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 40 per sqft
12 May 2018RentedNew contract
AED 95,000/yr12 months · AED 69 per sqft
14 Feb 2018Sold by developerReady
AED 1,091,552AED 800 per sqft

Source: Dubai Land Department. Updated 6 April 2023.

Key facts

Type
2-bed apartment
Size
1,364 sqft
Floor
14th of 16
Parking
B2-40
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 19,000 /yr
Last sold
AED 1.12M · April 2023
Building
Riah Tower

About 1403, Riah Tower

1403 is a two-bedroom apartment of 1,364 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 6 April 2023 for AED 1,120,000, or AED 820 per sqft, 10% above the AED 746 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 25 March 2022, is AED 68,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 19,000 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical two-bed in Riah Tower
1M1.5M2016201920222025Typical 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, February 2018: AED 1,091,552 (AED 800 per sqft)Sold, April 2023: AED 1,120,000 (AED 820 per sqft)

1403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, each contractTypical two-bed in Riah Tower
50K75K100K2018202120242027Typical 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 100,000New contract, May 2018: AED 95,000 a yearNew contract, March 2021: AED 55,000 a yearRenewal, March 2022: AED 68,000 a year

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 1403 sits

All 47 2-beds →

1403 last sold in April 2023 at AED 820 per sqft, 10% above what two-beds in Riah Tower were fetching at the time (AED 746). 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. 1403's AED 68,000 is at the bottom of that range.

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 14th floor

All 156 units in Riah Tower
Value
14012-bedAED 2.1M · Jun 2026
1402StudioAED 535K · Dec 2022
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

1403, Riah Tower in numbers

  • Sold twice: first on 14 February 2018 for AED 1,091,552, last on 6 April 2023 for AED 1,120,000 (AED 820 per sqft).
  • Rented since May 2018 on 3 Ejari contracts. The rent fell from AED 95,000 to AED 55,000 in 2021 and recovered to AED 68,000 by March 2022.
  • At AED 68,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 19,000 a year (AED 13.90 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 6 April 2023.

Questions about 1403, Riah Tower

What did unit 1403 last sell for?

AED 1,120,000 on 6 April 2023: AED 820 per sqft for 1,364 sqft. The unit has 2 registered sales; the first was AED 1,091,552 in February 2018.

What is the rent for unit 1403?

AED 68,000 a year on the contract renewed on 25 March 2022. The previous contract, from March 2021, was AED 55,000; the unit has been rented since May 2018.

How big is unit 1403?

1,364 sqft (126.7 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2016.

What is unit 1403 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.

Selling 1403? 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 1403, Riah Tower

Starts from the last sale price (AED 1.12M, 6 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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