1-bed · 945 sqftRiah Tower, Culture Village · 4th floor · completed 2016

404, Riah Tower

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

Unit 404 · DLD and Ejari recordsUpdated 6 October 2023
Last soldAED 900K6 October 2023
Current rentAED 50K /yr10 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Riah Tower

What is 404 worth today?

Last sold for AED 900,000 in 2023

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6 Oct 2023SoldReady
AED 900,000AED 952 per sqft
10 May 2022RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
10 May 2021RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
6 May 2020RentedRenewal
AED 55,000/yr12 months · AED 58 per sqft
6 May 2019RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
17 Jul 2018Sold by developerReady
AED 1,227,902AED 1,300 per sqft

Source: Dubai Land Department. Updated 6 October 2023.

Key facts

Type
1-bed apartment
Size
945 sqft
Floor
4th of 16
Parking
B4-35
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 13,100 /yr
Last sold
AED 900K · October 2023
Building
Riah Tower

About 404, Riah Tower

404 is a one-bedroom apartment of 945 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 6 October 2023 for AED 900,000, or AED 952 per sqft, 3% above the AED 922 one-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 10 May 2022, is AED 50,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 13,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Riah Tower
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 862,006; 2017 AED 1,019,652; 2018 AED 1,050,980; 2019 AED 941,010; 2021 AED 885,400; 2022 AED 797,743; 2023 AED 875,000; 2024 AED 905,000; 2025 AED 1,130,000Sold by developer, July 2018: AED 1,227,902 (AED 1,300 per sqft)Sold, October 2023: AED 900,000 (AED 952 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Riah Tower
60K2018202120242027Typical rent by year: 2018 AED 69,500; 2019 AED 62,000; 2020 AED 51,136; 2021 AED 49,000; 2022 AED 52,000; 2023 AED 56,000; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 73,000New contract, May 2019: AED 60,000 a yearRenewal, May 2020: AED 55,000 a yearRenewal, May 2021: AED 50,000 a yearRenewal, May 2022: AED 50,000 a year

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

1-beds in Riah Tower, and where 404 sits

All 45 1-beds →

404 last sold in October 2023 at AED 952 per sqft, 3% above what one-beds in Riah Tower were fetching at the time (AED 922). Over the last 12 months one-beds sold for AED 1,350,000, around AED 1,219 per sqft, and rent for AED 60,900 to 85,000 a year. 404's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Nov 20251,350,000
25 Jun 20251,050,000
7 May 20251,130,000
15 Nov 20241,060,000
1 1-bed 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 4th floor

All 156 units in Riah Tower
Value
4012-bedAED 1.23M · Aug 2022
402StudioAED 820K · Jan 2026
4032-bedAED 1.39M · Jan 2024
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

404, Riah Tower in numbers

  • Sold twice: first on 17 July 2018 for AED 1,227,902, last on 6 October 2023 for AED 900,000 (AED 952 per sqft).
  • Rented since May 2019 on 4 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 13,100 a year (AED 13.90 per sqft).
  • One-beds in Riah Tower sold for AED 1,350,000–1,350,000 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 6 October 2023.

Questions about 404, Riah Tower

What did unit 404 last sell for?

AED 900,000 on 6 October 2023: AED 952 per sqft for 945 sqft. The unit has 2 registered sales; the first was AED 1,227,902 in July 2018.

What is the rent for unit 404?

AED 50,000 a year on the contract renewed on 10 May 2022. The previous contract, from May 2021, was AED 50,000; the unit has been rented since May 2019.

How big is unit 404?

945 sqft (87.8 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Riah Tower sold for AED 1,350,000 to 1,350,000 in the last 12 months, around AED 1,219 per sqft.

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Mortgage on 404, Riah Tower

Starts from the last sale price (AED 900K, 6 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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