2-bed · 1,485 sqftRiah Tower, Culture Village · 6th floor · completed 2016

608, Riah Tower

Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 1.35M26 September 2023
Current rentAED 103K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Riah Tower

What is 608 worth today?

Last sold for AED 1,351,741 in 2023

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5 Nov 2024RentedRenewal
AED 102,850/yr12 months · AED 69 per sqft
5 Nov 2023RentedRenewal
AED 93,500/yr12 months · AED 63 per sqft
26 Sep 2023Sold by developerReady
AED 1,351,741AED 910 per sqft
5 Nov 2022RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
2-bed apartment
Size
1,485 sqft
Floor
6th of 16
Parking
B3-08
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 20,600 /yr
Last sold
AED 1.35M · September 2023
Building
Riah Tower

About 608, Riah Tower

608 is a two-bedroom apartment of 1,485 sqft on the 6th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 26 September 2023 for AED 1,351,741, or AED 910 per sqft, 15% above the AED 794 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 102,850 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 20,600 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical two-bed in Riah Tower
1.5M2016201920222025Typical sale price by year: 2016 AED 1,233,719; 2017 AED 1,772,521; 2018 AED 1,485,432; 2019 AED 1,271,199; 2020 AED 1,187,500; 2021 AED 1,316,824; 2022 AED 1,178,294; 2023 AED 1,308,408; 2024 AED 1,400,000; 2025 AED 1,555,000; 2026 AED 1,700,000Sold by developer, September 2023: AED 1,351,741 (AED 910 per sqft)

608 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 608, each contractTypical two-bed in Riah Tower
80K100K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 73,500; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 100,000New contract, November 2022: AED 85,000 a yearRenewal, November 2023: AED 93,500 a yearRenewal, November 2024: AED 102,850 a year

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 608 sits

All 47 2-beds →

608 last sold in September 2023 at AED 910 per sqft, 15% above what two-beds in Riah Tower were fetching at the time (AED 794). 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. 608's AED 102,850 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Sep 20261,510,000
24 Jun 20262,100,000
23 Mar 20261,700,000
24 Dec 20251,600,000
4 2-bed sales 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 6th floor

All 156 units in Riah Tower
Value
6012-bedAED 1.55M · Jan 2025
602StudioAED 788K · Sep 2016
6032-bedAED 1.28M · Jan 2020
6041-bedAED 803K · Jun 2023
6051-bedAED 1M · Jul 2017
6063-bedAED 1.48M · May 2021
6071-bedAED 815K · Jun 2022
1–7 of 9

608, Riah Tower in numbers

  • Sold once: by Radiant Star Properties on 26 September 2023 for AED 1,351,741, or AED 910 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 85,000 to AED 102,850 a year.
  • At AED 102,850 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 20,600 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 5 November 2024.

Questions about 608, Riah Tower

What did unit 608 last sell for?

AED 1,351,741 on 26 September 2023, sold by the developer: AED 910 per sqft for 1,485 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 102,850 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 93,500; the unit has been rented since November 2022.

How big is unit 608?

1,485 sqft (138.0 sqm): a two-bedroom apartment on the 6th floor of a 16-storey tower completed in 2016.

What is unit 608 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 608, Riah Tower

Starts from the last sale price (AED 1.35M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,351,741
Deposit, UAE resident (20%)
AED 270,348
Deposit, non-resident (40%)
AED 540,696
Monthly over 25 years at 3.7%
AED 5,530

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