2-bed · 1,485 sqftRiah Tower, Culture Village · 4th floor · completed 2016

408, Riah Tower

Sold prices and rental history: sold once, by the developer in January 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 29 January 2020
Last soldAED 1.34M29 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Riah Tower

What is 408 worth today?

Last sold for AED 1,336,887 in 2020

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29 Jan 2020Sold by developerReady
AED 1,336,887AED 900 per sqft

Source: Dubai Land Department. Updated 29 January 2020.

Key facts

Type
2-bed apartment
Size
1,485 sqft
Floor
4th of 16
Parking
B4-41
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 20,600 /yr
Last sold
AED 1.34M · January 2020
Building
Riah Tower

About 408, Riah Tower

408 is a two-bedroom apartment of 1,485 sqft on the 4th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 29 January 2020 for AED 1,336,887, or AED 900 per sqft, 4% above the AED 865 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, 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, January 2020: AED 1,336,887 (AED 900 per sqft)

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

Rents
Unit 408, 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 100,000

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 408 sits

All 47 2-beds →

408 last sold in January 2020 at AED 900 per sqft, 4% above what two-beds in Riah Tower were fetching at the time (AED 865). 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.

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
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
1–7 of 9

408, Riah Tower in numbers

  • Sold once: by Radiant Star Properties on 29 January 2020 for AED 1,336,887, or AED 900 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 29 January 2020.

Questions about 408, Riah Tower

What did unit 408 last sell for?

AED 1,336,887 on 29 January 2020, sold by the developer: AED 900 per sqft for 1,485 sqft. It is the only registered sale of the unit.

How big is unit 408?

1,485 sqft (138.0 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.

What is unit 408 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 408, Riah Tower

Starts from the last sale price (AED 1.34M, 29 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,336,887
Deposit, UAE resident (20%)
AED 267,377
Deposit, non-resident (40%)
AED 534,755
Monthly over 25 years at 3.7%
AED 5,470

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