2-bed · 1,646 sqftRiah Tower, Culture Village · 4th floor · completed 2016

401, Riah Tower

Sold prices and rental history: sold twice, last in August 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 23 November 2022
Last soldAED 1.23M30 August 2022
Current rentAED 90K /yr23 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Riah Tower

What is 401 worth today?

Last sold for AED 1,226,285 in 2022

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23 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
30 Aug 2022SoldReady
AED 1,226,285AED 745 per sqft
23 Jun 2022RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
21 Nov 2021Sold by developerReady
AED 1,316,842AED 800 per sqft
19 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 23 November 2022.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
4th of 16
Parking
B4-55, B4-56
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 22,900 /yr
Last sold
AED 1.23M · August 2022
Building
Riah Tower

About 401, Riah Tower

401 is a two-bedroom apartment of 1,646 sqft on the 4th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 30 August 2022 for AED 1,226,285, or AED 745 per sqft, 7% below the AED 800 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 23 November 2022, is AED 90,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 22,900 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, November 2021: AED 1,316,842 (AED 800 per sqft)Sold, August 2022: AED 1,226,285 (AED 745 per sqft)

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

Rents
Unit 401, 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, October 2021: AED 70,000 a yearNew contract, June 2022: AED 90,000 a yearNew contract, November 2022: AED 90,000 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 401 sits

All 47 2-beds →

401 last sold in August 2022 at AED 745 per sqft, 7% below what two-beds in Riah Tower were fetching at the time (AED 800). 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. 401's AED 90,000 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 4th floor

All 156 units in Riah Tower
Value
402StudioAED 820K · Jan 2026
4032-bedAED 1.39M · Jan 2024
4041-bedAED 900K · Oct 2023
4051-bedAED 910K · Mar 2018
4063-bedAED 1.6M · Sep 2022
4071-bedAED 886K · Jul 2024
4082-bedAED 1.34M · Jan 2020
1–7 of 9

401, Riah Tower in numbers

  • Sold twice: first on 21 November 2021 for AED 1,316,842, last on 30 August 2022 for AED 1,226,285 (AED 745 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 70,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 22,900 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 23 November 2022.

Questions about 401, Riah Tower

What did unit 401 last sell for?

AED 1,226,285 on 30 August 2022: AED 745 per sqft for 1,646 sqft. The unit has 2 registered sales; the first was AED 1,316,842 in November 2021.

What is the rent for unit 401?

AED 90,000 a year on the contract signed on 23 November 2022. The previous contract, from June 2022, was AED 90,000; the unit has been rented since October 2021.

How big is unit 401?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.

What is unit 401 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 401, Riah Tower

Starts from the last sale price (AED 1.23M, 30 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,226,285
Deposit, UAE resident (20%)
AED 245,257
Deposit, non-resident (40%)
AED 490,514
Monthly over 25 years at 3.7%
AED 5,017

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