506, Riah Tower
Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Riah Tower
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 23 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,850 sqft
- Floor
- 5th of 16
- Parking
- B4-57, B4-58
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 25,700 /yr
- Last sold
- AED 1.48M · July 2024
- Building
- Riah Tower
About 506, Riah Tower
506 is a three-bedroom apartment of 1,850 sqft on the 5th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 23 July 2024 for AED 1,480,168, or AED 799 per sqft, 15% below the AED 937 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 13 May 2024, is AED 90,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 25,700 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Riah Tower, and where 506 sits
All 49 3-beds →506 last sold in July 2024 at AED 799 per sqft, 15% below what three-beds in Riah Tower were fetching at the time (AED 937). Over the last 12 months three-beds sold for AED 2,000,000 to 2,600,000, around AED 1,085 per sqft, and rent for AED 115,000 to 183,500 a year. 506's AED 90,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Dec 20254 December 2025 | 2,186 sqft | 2,600,000 | 1,189 | ||
| 27 Nov 202527 November 2025 | 2,228 sqft | 2,000,000 | 897 | ||
| 25 Nov 202525 November 2025 | 2,396 sqft | 2,600,000 | 1,085 | ||
| 8 May 20258 May 2025 | 2,091 sqft | 2,340,000 | 1,119 |
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 | |
| 505 | 1-bed | 867 sqft | AED 817KAED 817,000 · Oct 2023October 2023 | 50,000 /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 |
506, Riah Tower in numbers
- Sold once: by Radiant Star Properties on 23 July 2024 for AED 1,480,168, or AED 799 per sqft.
- Rented since February 2020 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2022 and recovered to AED 90,000 by May 2024.
- At AED 90,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 25,700 a year (AED 13.90 per sqft).
- Three-beds in Riah Tower sold for AED 2,000,000–2,600,000 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 23 July 2024.
Questions about 506, Riah Tower
What did unit 506 last sell for?
AED 1,480,168 on 23 July 2024, sold by the developer: AED 799 per sqft for 1,850 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 90,000 a year on the contract signed on 13 May 2024. The previous contract, from May 2023, was AED 82,000; the unit has been rented since February 2020.
How big is unit 506?
1,850 sqft (171.9 sqm): a three-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Riah Tower sold for AED 2,000,000 to 2,600,000 in the last 12 months, around AED 1,085 per sqft.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Riah Tower
Starts from the last sale price (AED 1.48M, 23 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,480,168
- Deposit, UAE resident (20%)
- AED 296,034
- Deposit, non-resident (40%)
- AED 592,067
- Monthly over 25 years at 3.7%
- AED 6,056
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →