Home
Dubai prices
About
Research
3-bed · 4,236 sqftRiah Tower, Culture Village · 16th floor · completed 2016

1605, Riah Tower

Sold prices and rental history: sold twice, last in March 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 23 March 2023
Last soldAED 2.4M23 March 2023
Current rentAED 114K /yr20 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1605

Property timeline for 1605, Riah Tower

What is 1605 worth today?

Last sold for AED 2,400,000 in 2023

Unlock today's estimate, updated daily, with

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

23 Mar 2023SoldReady
AED 2,400,000AED 566 per sqft
20 Oct 2020RentedRenewal
AED 114,388/yr14 months · AED 27 per sqft
20 Oct 2019RentedNew contract
AED 160,000/yr12 months · AED 38 per sqft
30 Apr 2019Sold by developerReady
AED 3,300,000AED 779 per sqft

Source: Dubai Land Department. Updated 23 March 2023.

Key facts

Type
3-bed apartment
Size
4,236 sqft
Floor
16th of 16
Parking
B1-52, B1-53, B1-60
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 58,900 /yr
Last sold
AED 2.4M · March 2023
Building
Riah Tower

About 1605, Riah Tower

1605 is a three-bedroom apartment of 4,236 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 23 March 2023 for AED 2,400,000, or AED 566 per sqft, 23% below the AED 734 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 20 October 2020, is AED 114,388 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 58,900 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical three-bed in Riah Tower
2M3M2016201920222025Typical sale price by year: 2016 AED 1,691,790; 2018 AED 2,285,910; 2019 AED 1,875,299; 2020 AED 1,565,392; 2021 AED 1,563,983; 2022 AED 1,570,771; 2023 AED 1,626,152; 2024 AED 1,980,000; 2025 AED 2,320,000Sold by developer, April 2019: AED 3,300,000 (AED 779 per sqft)Sold, March 2023: AED 2,400,000 (AED 566 per sqft)

1605 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1605, each contractTypical three-bed in Riah Tower
100K150K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 122,500; 2020 AED 90,000; 2021 AED 87,000; 2022 AED 88,100; 2023 AED 100,000; 2024 AED 123,000; 2025 AED 130,000; 2026 AED 132,750New contract, October 2019: AED 160,000 a yearRenewal, October 2020: AED 114,388 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Riah Tower, and where 1605 sits

All 49 3-beds →

1605 last sold in March 2023 at AED 566 per sqft, 23% below what three-beds in Riah Tower were fetching at the time (AED 734). Over the last 12 months three-beds sold for AED 2,000,000 to 2,600,000, around AED 1,085 per sqft, and rent for AED 115,000 to 183,500 a year. 1605's AED 114,388 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Dec 20252,600,000
27 Nov 20252,000,000
25 Nov 20252,600,000
8 May 20252,340,000
3 3-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 16th floor

All 156 units in Riah Tower
Value
16013-bedAED 2.2M · Sep 2022
16022-bedAED 2.02M · Jul 2025
16032-bedAED 1.87M · Aug 2021
16043-bedAED 2.75M · Feb 2025
16063-bedAED 3.57M · Sep 2024

1605, Riah Tower in numbers

  • Sold twice: first on 30 April 2019 for AED 3,300,000, last on 23 March 2023 for AED 2,400,000 (AED 566 per sqft).
  • Rented since October 2019 on 2 Ejari contracts, from AED 160,000 to AED 114,388 a year.
  • At AED 114,388 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 58,900 a year (AED 13.90 per sqft).
  • Three-beds in Riah Tower sold for AED 2,000,000–2,600,000 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 23 March 2023.

Questions about 1605, Riah Tower

What did unit 1605 last sell for?

AED 2,400,000 on 23 March 2023: AED 566 per sqft for 4,236 sqft. The unit has 2 registered sales; the first was AED 3,300,000 in April 2019.

What is the rent for unit 1605?

AED 114,388 a year on the contract renewed on 20 October 2020. The previous contract, from October 2019, was AED 160,000.

How big is unit 1605?

4,236 sqft (393.5 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2016.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Riah Tower sold for AED 2,000,000 to 2,600,000 in the last 12 months, around AED 1,085 per sqft.

Selling 1605? 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 1605, Riah Tower

Starts from the last sale price (AED 2.4M, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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