505, Riah Tower
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Riah Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 24 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 867 sqft
- Floor
- 5th of 16
- Parking
- B4-50
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 12,100 /yr
- Last sold
- AED 817K · October 2023
- Building
- Riah Tower
About 505, Riah Tower
505 is a one-bedroom apartment of 867 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 24 October 2023 for AED 817,000, or AED 942 per sqft, in line with the AED 924 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 February 2023, is AED 50,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 12,100 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
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 505 sits
All 45 1-beds →505 last sold in October 2023 at AED 942 per sqft, in line with what one-beds in Riah Tower were fetching at the time (AED 924). 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. 505's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202525 November 2025 | 1,107 sqft | 1,350,000 | 1,219 | ||
| 25 Jun 202525 June 2025 | 945 sqft | 1,050,000 | 1,111 | ||
| 7 May 20257 May 2025 | 945 sqft | 1,130,000 | 1,196 | ||
| 15 Nov 202415 November 2024 | 1,107 sqft | 1,060,000 | 957 |
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 | ||
| 503 | 2-bed | 1,473 sqft | AED 1.3MAED 1,300,000 · Nov 2022November 2022 | 70,000 /yr | |
| 504 | 1-bed | 945 sqft | AED 880KAED 880,000 · Nov 2023November 2023 | 47,000 /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 |
505, Riah Tower in numbers
- Sold twice: first on 17 July 2018 for AED 1,127,009, last on 24 October 2023 for AED 817,000 (AED 942 per sqft).
- Rented since May 2018 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 43,000 in 2021 and recovered to AED 50,000 by February 2023.
- At AED 50,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 12,100 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 24 October 2023.
Questions about 505, Riah Tower
What did unit 505 last sell for?
AED 817,000 on 24 October 2023: AED 942 per sqft for 867 sqft. The unit has 2 registered sales; the first was AED 1,127,009 in July 2018.
What is the rent for unit 505?
AED 50,000 a year on the contract signed on 15 February 2023. The previous contract, from February 2021, was AED 43,000; the unit has been rented since May 2018.
How big is unit 505?
867 sqft (80.5 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.
What is unit 505 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 505, Riah Tower
Starts from the last sale price (AED 817K, 24 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 817,000
- Deposit, UAE resident (20%)
- AED 163,400
- Deposit, non-resident (40%)
- AED 326,800
- Monthly over 25 years at 3.7%
- AED 3,343
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →