2-bed · 1,473 sqftRiah Tower, Culture Village · 4th floor · completed 2016

403, Riah Tower

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 1.39M11 January 2024
Current rentAED 73K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Riah Tower

What is 403 worth today?

Last sold for AED 1,390,000 in 2024

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11 Jan 2024SoldReady
AED 1,390,000AED 943 per sqft
1 May 2022RentedRenewal
AED 73,000/yr12 months · AED 50 per sqft
15 Apr 2021RentedRenewal
AED 69,813/yr12 months · AED 47 per sqft
15 Apr 2020RentedRenewal
AED 80,000/yr12 months · AED 54 per sqft
15 Apr 2019RentedNew contract
AED 93,000/yr12 months · AED 63 per sqft
17 Jul 2018Sold by developerReady
AED 1,915,394AED 1,300 per sqft

Source: Dubai Land Department. Updated 11 January 2024.

Key facts

Type
2-bed apartment
Size
1,473 sqft
Floor
4th of 16
Parking
B4-34
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 20,500 /yr
Last sold
AED 1.39M · January 2024
Building
Riah Tower

About 403, Riah Tower

403 is a two-bedroom apartment of 1,473 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 11 January 2024 for AED 1,390,000, or AED 943 per sqft, 15% above the AED 820 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 73,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 20,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Riah Tower
1.5M2M2016201920222025Typical 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, July 2018: AED 1,915,394 (AED 1,300 per sqft)Sold, January 2024: AED 1,390,000 (AED 943 per sqft)

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

Rents
Unit 403, 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, April 2019: AED 93,000 a yearRenewal, April 2020: AED 80,000 a yearRenewal, April 2021: AED 69,813 a yearRenewal, May 2022: AED 73,000 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 403 sits

All 47 2-beds →

403 last sold in January 2024 at AED 943 per sqft, 15% above what two-beds in Riah Tower were fetching at the time (AED 820). 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. 403's AED 73,000 is at the bottom 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
4012-bedAED 1.23M · Aug 2022
402StudioAED 820K · Jan 2026
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

403, Riah Tower in numbers

  • Sold twice: first on 17 July 2018 for AED 1,915,394, last on 11 January 2024 for AED 1,390,000 (AED 943 per sqft).
  • Rented since April 2019 on 4 Ejari contracts, from AED 93,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2024 price is 5.3%, 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 11 January 2024.

Questions about 403, Riah Tower

What did unit 403 last sell for?

AED 1,390,000 on 11 January 2024: AED 943 per sqft for 1,473 sqft. The unit has 2 registered sales; the first was AED 1,915,394 in July 2018.

What is the rent for unit 403?

AED 73,000 a year on the contract renewed on 1 May 2022. The previous contract, from April 2021, was AED 69,813; the unit has been rented since April 2019.

How big is unit 403?

1,473 sqft (136.8 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.

What is unit 403 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 403, Riah Tower

Starts from the last sale price (AED 1.39M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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