Studio · 669 sqftRiah Tower, Culture Village · 5th floor · completed 2016

502, Riah Tower

Sold prices and rental history: sold twice, last 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 502 · DLD and Ejari recordsUpdated 29 January 2020
Last soldAED 612K29 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Riah Tower

What is 502 worth today?

Last sold for AED 612,000 in 2020

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29 Jan 2020SoldReady
AED 612,000AED 914 per sqft
14 Oct 2019Sold by developerReady
AED 577,347AED 863 per sqft

Source: Dubai Land Department. Updated 29 January 2020.

Key facts

Type
Studio apartment
Size
669 sqft
Floor
5th of 16
Parking
B4-47
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 9,300 /yr
Last sold
AED 612K · January 2020
Building
Riah Tower

About 502, Riah Tower

502 is a studio of 669 sqft on the 5th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 29 January 2020 for AED 612,000, or AED 914 per sqft, 6% above the AED 863 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Riah Tower
500K600K700K20162018202020222024Typical sale price by year: 2016 AED 755,179; 2018 AED 665,066; 2022 AED 535,000; 2023 AED 650,000Sold by developer, October 2019: AED 577,347 (AED 863 per sqft)Sold, January 2020: AED 612,000 (AED 914 per sqft)

502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 502, each contractTypical studio in Riah Tower
40K60K2018202120242027Typical rent by year: 2018 AED 55,000; 2019 AED 49,000; 2020 AED 38,000; 2021 AED 30,750; 2022 AED 39,500; 2023 AED 46,000; 2024 AED 49,000; 2025 AED 49,316; 2026 AED 57,920

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

Studios in Riah Tower, and where 502 sits

All 15 studios →

502 last sold in January 2020 at AED 914 per sqft, 6% above what studios in Riah Tower were fetching at the time (AED 863). Over the last 12 months studios sold for AED 820,000, around AED 1,225 per sqft, and rent for AED 30,000 to 80,000 a year.

Recent studio salesUnit no.Price (AED)Summary
27 Jan 2026820,000
7 Oct 2025875,000
27 Jan 2025875,000
18 Sep 2024660,000
1 studio 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 5th floor

All 156 units in Riah Tower
Value
5012-bedAED 1.3M · Mar 2023
5032-bedAED 1.3M · Nov 2022
5041-bedAED 880K · Nov 2023
5051-bedAED 817K · Oct 2023
5063-bedAED 1.48M · Jul 2024
5071-bedAED 886K · Jul 2024
5082-bedAED 1.09M · Mar 2022
1–7 of 9

502, Riah Tower in numbers

  • Sold twice: first on 14 October 2019 for AED 577,347, last on 29 January 2020 for AED 612,000 (AED 914 per sqft).
  • Studios in Riah Tower sold for AED 820,000–820,000 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 502, Riah Tower

What did unit 502 last sell for?

AED 612,000 on 29 January 2020: AED 914 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 577,347 in October 2019.

How big is unit 502?

669 sqft (62.2 sqm): a studio on the 5th floor of a 16-storey tower completed in 2016.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Riah Tower sold for AED 820,000 to 820,000 in the last 12 months, around AED 1,225 per sqft.

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Mortgage on 502, Riah Tower

Starts from the last sale price (AED 612K, 29 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 612,000
Deposit, UAE resident (20%)
AED 122,400
Deposit, non-resident (40%)
AED 244,800
Monthly over 25 years at 3.7%
AED 2,504

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