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2-bed · 1,473 sqftRiah Tower, Culture Village · 3rd floor · completed 2016

303, Riah Tower

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

Unit 303 · DLD and Ejari recordsUpdated 20 December 2018
Last soldAED 1.3M20 December 2018
Current rentAED 95K /yr22 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Riah Tower

What is 303 worth today?

Last sold for AED 1,300,000 in 2018

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20 Dec 2018SoldReady
AED 1,300,000AED 882 per sqft
22 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 64 per sqft
18 Dec 2016Sold by developerOff-plan
AED 1,233,719AED 837 per sqft

Source: Dubai Land Department. Updated 20 December 2018.

Key facts

Type
2-bed apartment
Size
1,473 sqft
Floor
3rd of 16
Parking
B4-22
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 20,500 /yr
Last sold
AED 1.3M · December 2018
Building
Riah Tower

About 303, Riah Tower

303 is a two-bedroom apartment of 1,473 sqft on the 3rd floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 20 December 2018 for AED 1,300,000, or AED 882 per sqft, 10% below the AED 983 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 June 2018. The current contract, signed on 22 June 2018, is AED 95,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 20,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Riah Tower
1.5M2016201920222025Typical 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, December 2016: AED 1,233,719 (AED 837 per sqft)Sold, December 2018: AED 1,300,000 (AED 882 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Riah Tower
80K100K2018202120242027Typical 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, June 2018: AED 95,000 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 303 sits

All 47 2-beds →

303 last sold in December 2018 at AED 882 per sqft, 10% below what two-beds in Riah Tower were fetching at the time (AED 983). 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. 303's AED 95,000 is in the lower half 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 3rd floor

All 156 units in Riah Tower
Value
3012-bedAED 1.56M · Jan 2025
302StudioAED 665K · Mar 2018
3041-bedAED 793K · May 2019
3051-bedAED 945K · May 2019
3063-bedAED 1.38M · Apr 2022
3071-bedAED 1.35M · Nov 2025
3082-bedAED 1.1M · Aug 2020
1–7 of 9

303, Riah Tower in numbers

  • Sold twice: first on 18 December 2016 for AED 1,233,719, last on 20 December 2018 for AED 1,300,000 (AED 882 per sqft).
  • Rented since June 2018 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2018 price is 7.3%, before a service charge of about AED 20,500 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 20 December 2018.

Questions about 303, Riah Tower

What did unit 303 last sell for?

AED 1,300,000 on 20 December 2018: AED 882 per sqft for 1,473 sqft. The unit has 2 registered sales; the first was AED 1,233,719 in December 2016.

What is the rent for unit 303?

AED 95,000 a year on the contract signed on 22 June 2018.

How big is unit 303?

1,473 sqft (136.8 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2016.

What is unit 303 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 303, Riah Tower

Starts from the last sale price (AED 1.3M, 20 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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