Studio · 669 sqftRiah Tower, Culture Village · 2nd floor · completed 2016

202, Riah Tower

Sold prices and rental history: sold twice, last in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 17 October 2023
Last soldAED 468K17 October 2023
Current rentAED 33K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Riah Tower

What is 202 worth today?

Last sold for AED 468,420 in 2023

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17 Oct 2023SoldReady
AED 468,420AED 700 per sqft
1 Oct 2022RentedRenewal
AED 33,075/yr12 months · AED 49 per sqft
1 Oct 2021RentedRenewal
AED 31,500/yr12 months · AED 47 per sqft
1 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
14 Oct 2019Sold by developerReady
AED 577,347AED 863 per sqft

Source: Dubai Land Department. Updated 17 October 2023.

Key facts

Type
Studio apartment
Size
669 sqft
Floor
2nd of 16
Parking
B3-39
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 9,300 /yr
Last sold
AED 468K · October 2023
Building
Riah Tower

About 202, Riah Tower

202 is a studio of 669 sqft on the 2nd floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 17 October 2023 for AED 468,420, or AED 700 per sqft, 26% below the AED 940 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 33,075 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 9,300 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical studio in Riah Tower
600K800K201620192022Typical sale price by year: 2016 AED 755,179; 2018 AED 665,066; 2022 AED 535,000; 2023 AED 650,000Sold by developer, October 2019: AED 577,347 (AED 863 per sqft)Sold, October 2023: AED 468,420 (AED 700 per sqft)

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

Rents
Unit 202, 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, October 2020: AED 30,000 a yearRenewal, October 2021: AED 31,500 a yearRenewal, October 2022: AED 33,075 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 202 sits

All 15 studios →

202 last sold in October 2023 at AED 700 per sqft, 26% below what studios in Riah Tower were fetching at the time (AED 940). 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. 202's AED 33,075 is in the lower half 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 2nd floor

All 156 units in Riah Tower
Value
2012-bedAED 1.35M · Aug 2024
2032-bedAED 774K · Jul 2018
2041-bedAED 850K · Mar 2024
2051-bedAED 954K · Nov 2018
2063-bedAED 1.6M · May 2023
2071-bedAED 900K · Aug 2024
2082-bedAED 1.1M · May 2022
1–7 of 9

202, Riah Tower in numbers

  • Sold twice: first on 14 October 2019 for AED 577,347, last on 17 October 2023 for AED 468,420 (AED 700 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 30,000 to AED 33,075 a year.
  • At AED 33,075 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 9,300 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 17 October 2023.

Questions about 202, Riah Tower

What did unit 202 last sell for?

AED 468,420 on 17 October 2023: AED 700 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 577,347 in October 2019.

What is the rent for unit 202?

AED 33,075 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 31,500; the unit has been rented since October 2020.

How big is unit 202?

669 sqft (62.2 sqm): a studio on the 2nd floor of a 16-storey tower completed in 2016.

What is unit 202 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 202, Riah Tower

Starts from the last sale price (AED 468K, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 468,420
Deposit, UAE resident (20%)
AED 93,684
Deposit, non-resident (40%)
AED 187,368
Monthly over 25 years at 3.7%
AED 1,916

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