503, Riah Tower
Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Riah Tower
What is 503 worth today?
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Source: Dubai Land Department. Updated 9 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,473 sqft
- Floor
- 5th of 16
- Parking
- B4-48
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 20,500 /yr
- Last sold
- AED 1.3M · November 2022
- Building
- Riah Tower
About 503, Riah Tower
503 is a two-bedroom apartment of 1,473 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 9 November 2022 for AED 1,300,000, or AED 882 per sqft, 10% above the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 20 March 2022, is AED 70,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 20,500 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 503 sits
All 47 2-beds →503 last sold in November 2022 at AED 882 per sqft, 10% above 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. 503's AED 70,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 1,419 sqft | 1,510,000 | 1,064 | ||
| 24 Jun 202624 June 2026 | 1,646 sqft | 2,100,000 | 1,275 | ||
| 23 Mar 202623 March 2026 | 1,473 sqft | 1,700,000 | 1,153 | ||
| 24 Dec 202524 December 2025 | 1,646 sqft | 1,600,000 | 972 |
Riah Tower
Building156 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%
Other units on the 5th floor
All 156 units in Riah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,646 sqft | AED 1.3MAED 1,300,000 · Mar 2023March 2023 | 110,000 /yr | |
| 502 | Studio | 669 sqft | AED 612KAED 612,000 · Jan 2020January 2020 | ||
| 504 | 1-bed | 945 sqft | AED 880KAED 880,000 · Nov 2023November 2023 | 47,000 /yr | |
| 505 | 1-bed | 867 sqft | AED 817KAED 817,000 · Oct 2023October 2023 | 50,000 /yr | |
| 506 | 3-bed | 1,850 sqft | AED 1.48MAED 1,480,168 · Jul 2024July 2024 | 90,000 /yr | |
| 507 | 1-bed | 1,107 sqft | AED 886KAED 885,656 · Jul 2024July 2024 | 48,000 /yr | |
| 508 | 2-bed | 1,485 sqft | AED 1.09MAED 1,085,000 · Mar 2022March 2022 | 127,500 /yr | |
| 509 | 3-bed | 2,138 sqft | AED 1.93MAED 1,930,000 · Oct 2024October 2024 | 40,000 /yr | |
| 510 | 3-bed | 2,228 sqft | AED 2.3MAED 2,300,000 · Apr 2025April 2025 | 103,000 /yr |
503, Riah Tower in numbers
- Sold 3 times: first on 22 December 2021 for AED 1,178,700, last on 9 November 2022 for AED 1,300,000 (AED 882 per sqft).
- Rented since July 2019 on 4 Ejari contracts, from AED 77,702 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 5.4%, 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 9 November 2022.
Questions about 503, Riah Tower
What did unit 503 last sell for?
AED 1,300,000 on 9 November 2022: AED 882 per sqft for 1,473 sqft. The unit has 3 registered sales; the first was AED 1,178,700 in December 2021.
What is the rent for unit 503?
AED 70,000 a year on the contract signed on 20 March 2022. The previous contract, from October 2021, was AED 70,000; the unit has been rented since July 2019.
How big is unit 503?
1,473 sqft (136.8 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.
What is unit 503 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 503, Riah Tower
Starts from the last sale price (AED 1.3M, 9 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →