Studio · 669 sqftRiah Tower, Culture Village · 7th floor · completed 2016

702, Riah Tower

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 5 December 2021
Last soldAED 665K31 January 2018
Current rentAED 34K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Riah Tower

What is 702 worth today?

Last sold for AED 665,066 in 2018

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5 Dec 2021RentedRenewal
AED 34,000/yr12 months · AED 51 per sqft
5 Dec 2020RentedNew contract
AED 34,000/yr12 months · AED 51 per sqft
31 Jan 2018Sold by developerReady
AED 665,066AED 994 per sqft

Source: Dubai Land Department. Updated 5 December 2021.

Key facts

Type
Studio apartment
Size
669 sqft
Floor
7th of 16
Parking
B3-14
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 9,300 /yr
Last sold
AED 665K · January 2018
Building
Riah Tower

About 702, Riah Tower

702 is a studio of 669 sqft on the 7th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 31 January 2018 for AED 665,066, or AED 994 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 5 December 2021, is AED 34,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 9,300 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in Riah Tower
500K600K700K20162018202020222024Typical sale price by year: 2016 AED 755,179; 2018 AED 665,066; 2022 AED 535,000; 2023 AED 650,000Sold by developer, January 2018: AED 665,066 (AED 994 per sqft)

702 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 702, each contractTypical studio in Riah Tower
40K60K2018202120242027Typical rent by year: 2018 AED 55,000; 2019 AED 49,000; 2020 AED 38,000; 2021 AED 30,750; 2022 AED 39,500; 2023 AED 46,000; 2024 AED 49,000; 2025 AED 49,316; 2026 AED 57,920New contract, December 2020: AED 34,000 a yearRenewal, December 2021: AED 34,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Riah Tower, and where 702 sits

All 15 studios →

Over the last 12 months studios sold for AED 820,000, around AED 1,225 per sqft, and rent for AED 30,000 to 80,000 a year. 702's AED 34,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jan 2026820,000
7 Oct 2025875,000
27 Jan 2025875,000
18 Sep 2024660,000
1 studio sale 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 7th floor

All 156 units in Riah Tower
Value
7012-bedAED 1.4M · Dec 2022
7032-bedAED 1.33M · May 2023
7041-bedAED 1.05M · Jun 2025
7051-bedAED 910K · Jun 2018
7063-bedAED 1.34M · Jun 2021
7071-bedAED 1.13M · Mar 2018
7082-bedAED 1.1M · Aug 2022
1–7 of 9

702, Riah Tower in numbers

  • Sold once: by Radiant Star Properties on 31 January 2018 for AED 665,066, or AED 994 per sqft.
  • Rented since December 2020 on 2 Ejari contracts, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2018 price is 5.1%, before a service charge of about AED 9,300 a year (AED 13.90 per sqft).
  • Studios in Riah Tower sold for AED 820,000–820,000 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 December 2021.

Questions about 702, Riah Tower

What did unit 702 last sell for?

AED 665,066 on 31 January 2018, sold by the developer: AED 994 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 34,000 a year on the contract renewed on 5 December 2021. The previous contract, from December 2020, was AED 34,000.

How big is unit 702?

669 sqft (62.2 sqm): a studio on the 7th floor of a 16-storey tower completed in 2016.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Riah Tower sold for AED 820,000 to 820,000 in the last 12 months, around AED 1,225 per sqft.

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Mortgage on 702, Riah Tower

Starts from the last sale price (AED 665K, 31 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 665,066
Deposit, UAE resident (20%)
AED 133,013
Deposit, non-resident (40%)
AED 266,026
Monthly over 25 years at 3.7%
AED 2,721

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