1603, Riah Tower
Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Riah Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 3,072 sqft
- Floor
- 16th of 16
- Parking
- B1-48, B1-49, B1-50, B1-51
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 42,700 /yr
- Last sold
- AED 1.87M · August 2021
- Building
- Riah Tower
About 1603, Riah Tower
1603 is a two-bedroom apartment of 3,072 sqft on the 16th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 18 August 2021 for AED 1,870,000, or AED 608 per sqft, 10% below the AED 679 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 July 2023. The current contract, signed on 1 July 2023, is AED 10,000 a year: a gross yield of 0.5% on the 2021 price, before the service charge of about AED 42,700 a year.
Sales and rents for 1603 over time
1603 has sold once; 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 1603 sits
All 47 2-beds →1603 last sold in August 2021 at AED 608 per sqft, 10% below what two-beds in Riah Tower were fetching at the time (AED 679). 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. 1603's AED 10,000 is at the bottom 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 | |
| 1602 | 2-bed | 2,269 sqft | AED 2.02MAED 2,020,000 · Jul 2025July 2025 | 95,000 /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 |
1603, Riah Tower in numbers
- Sold once: by Radiant Star Properties on 18 August 2021 for AED 1,870,000, or AED 608 per sqft.
- Rented since July 2023 on one Ejari contract, at AED 10,000 a year.
- At AED 10,000 a year the gross yield on the 2021 price is 0.5%, before a service charge of about AED 42,700 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 1 July 2023.
Questions about 1603, Riah Tower
What did unit 1603 last sell for?
AED 1,870,000 on 18 August 2021, sold by the developer: AED 608 per sqft for 3,072 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 10,000 a year on the contract signed on 1 July 2023.
How big is unit 1603?
3,072 sqft (285.4 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2016.
What is unit 1603 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 1603, Riah Tower
Starts from the last sale price (AED 1.87M, 18 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,870,000
- Deposit, UAE resident (20%)
- AED 374,000
- Deposit, non-resident (40%)
- AED 748,000
- Monthly over 25 years at 3.7%
- AED 7,651
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →