1602, Riah Tower
Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Riah Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 30 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,269 sqft
- Floor
- 16th of 16
- Parking
- B1-10, B1-11
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 31,500 /yr
- Last sold
- AED 2.02M · July 2025
- Building
- Riah Tower
About 1602, Riah Tower
1602 is a two-bedroom apartment of 2,269 sqft on the 16th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 30 July 2025 for AED 2,020,000, or AED 890 per sqft, in line with the AED 891 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 11 February 2025, is AED 95,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 31,500 a year.
Sales and rents for 1602 over time
1602 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1602 sits
All 47 2-beds →1602 last sold in July 2025 at AED 890 per sqft, in line with what two-beds in Riah Tower were fetching at the time (AED 891). 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. 1602's AED 95,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 1,419 sqft | 1,510,000 | 1,064 | ||
| 24 Jun 202624 June 2026 | 1,646 sqft | 2,100,000 | 1,275 | ||
| 23 Mar 202623 March 2026 | 1,473 sqft | 1,700,000 | 1,153 | ||
| 24 Dec 202524 December 2025 | 1,646 sqft | 1,600,000 | 972 |
Riah Tower
Building156 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%
Other units on the 16th floor
All 156 units in Riah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 5,062 sqft | AED 2.2MAED 2,200,000 · Sep 2022September 2022 | 45,000 /yr | |
| 1603 | 2-bed | 3,072 sqft | AED 1.87MAED 1,870,000 · Aug 2021August 2021 | 10,000 /yr | |
| 1604 | 3-bed | 3,115 sqft | AED 2.75MAED 2,750,000 · Feb 2025February 2025 | 277,021 /yr | |
| 1605 | 3-bed | 4,236 sqft | AED 2.4MAED 2,400,000 · Mar 2023March 2023 | 114,388 /yr | |
| 1606 | 3-bed | 4,756 sqft | AED 3.57MAED 3,566,865 · Sep 2024September 2024 | 100,000 /yr |
1602, Riah Tower in numbers
- Sold 3 times: first on 15 September 2020 for AED 1,815,584, last on 30 July 2025 for AED 2,020,000 (AED 890 per sqft).
- Rented since July 2020 on 5 Ejari contracts, from AED 75,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 31,500 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 30 July 2025.
Questions about 1602, Riah Tower
What did unit 1602 last sell for?
AED 2,020,000 on 30 July 2025: AED 890 per sqft for 2,269 sqft. The unit has 3 registered sales; the first was AED 1,815,584 in September 2020.
What is the rent for unit 1602?
AED 95,000 a year on the contract signed on 11 February 2025. The previous contract, from February 2025, was AED 95,000; the unit has been rented since July 2020.
How big is unit 1602?
2,269 sqft (210.8 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2016.
What is unit 1602 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 1602, Riah Tower
Starts from the last sale price (AED 2.02M, 30 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,020,000
- Deposit, UAE resident (20%)
- AED 404,000
- Deposit, non-resident (40%)
- AED 808,000
- Monthly over 25 years at 3.7%
- AED 8,264
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →