507, Riah Tower
Sold prices and rental history: sold once, by the developer in July 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Riah Tower
What is 507 worth today?
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Source: Dubai Land Department. Updated 22 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,107 sqft
- Floor
- 5th of 16
- Parking
- B4-59
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 15,400 /yr
- Last sold
- AED 886K · July 2024
- Building
- Riah Tower
About 507, Riah Tower
507 is a one-bedroom apartment of 1,107 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 22 July 2024 for AED 885,656, or AED 799 per sqft, 14% below the AED 929 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 November 2020, is AED 48,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 15,400 a year.
Sales and rents for 507 over time
507 has sold once; 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 507 sits
All 45 1-beds →507 last sold in July 2024 at AED 799 per sqft, 14% below what one-beds in Riah Tower were fetching at the time (AED 929). 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. 507's AED 48,000 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 | |
| 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 | |
| 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 |
507, Riah Tower in numbers
- Sold once: by Radiant Star Properties on 22 July 2024 for AED 885,656, or AED 799 per sqft.
- Rented since December 2019 on 2 Ejari contracts, from AED 65,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 15,400 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 22 July 2024.
Questions about 507, Riah Tower
What did unit 507 last sell for?
AED 885,656 on 22 July 2024, sold by the developer: AED 799 per sqft for 1,107 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 48,000 a year on the contract signed on 15 November 2020. The previous contract, from December 2019, was AED 65,000.
How big is unit 507?
1,107 sqft (102.8 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.
What is unit 507 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 507, Riah Tower
Starts from the last sale price (AED 886K, 22 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 885,656
- Deposit, UAE resident (20%)
- AED 177,131
- Deposit, non-resident (40%)
- AED 354,262
- Monthly over 25 years at 3.7%
- AED 3,623
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →