708, Riah Tower
Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Riah Tower
What is 708 worth today?
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Source: Dubai Land Department. Updated 19 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,485 sqft
- Floor
- 7th of 16
- Parking
- B3-26
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.1M · August 2022
- Building
- Riah Tower
About 708, Riah Tower
708 is a two-bedroom apartment of 1,485 sqft on the 7th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 30 August 2022 for AED 1,100,000, or AED 740 per sqft, 7% below the AED 800 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 19 December 2023, is AED 88,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 20,600 a year.
Sales and rents for 708 over time
708 has sold twice; the dashed line is the two-bed median of each year in the building.
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 708 sits
All 47 2-beds →708 last sold in August 2022 at AED 740 per sqft, 7% below what two-beds in Riah Tower were fetching at the time (AED 800). 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. 708's AED 88,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 1,419 sqft | 1,510,000 | 1,064 | ||
| 24 Jun 202624 June 2026 | 1,646 sqft | 2,100,000 | 1,275 | ||
| 23 Mar 202623 March 2026 | 1,473 sqft | 1,700,000 | 1,153 | ||
| 24 Dec 202524 December 2025 | 1,646 sqft | 1,600,000 | 972 |
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 7th floor
All 156 units in Riah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,646 sqft | AED 1.4MAED 1,400,000 · Dec 2022December 2022 | 110,000 /yr | |
| 702 | Studio | 669 sqft | AED 665KAED 665,066 · Jan 2018January 2018 | 34,000 /yr | |
| 703 | 2-bed | 1,473 sqft | AED 1.33MAED 1,330,000 · May 2023May 2023 | 75,000 /yr | |
| 704 | 1-bed | 945 sqft | AED 1.05MAED 1,050,000 · Jun 2025June 2025 | 55,000 /yr | |
| 705 | 1-bed | 867 sqft | AED 910KAED 910,277 · Jun 2018June 2018 | ||
| 706 | 3-bed | 1,851 sqft | AED 1.34MAED 1,335,000 · Jun 2021June 2021 | 85,000 /yr | |
| 707 | 1-bed | 1,106 sqft | AED 1.13MAED 1,133,978 · Mar 2018March 2018 | ||
| 709 | 3-bed | 2,091 sqft | AED 2.34MAED 2,340,000 · May 2025May 2025 | 106,000 /yr | |
| 710 | 3-bed | 2,186 sqft | AED 1.55MAED 1,550,000 · Feb 2022February 2022 | 126,500 /yr |
708, Riah Tower in numbers
- Sold 3 times: first on 18 December 2016 for AED 1,228,244, last on 30 August 2022 for AED 1,100,000 (AED 740 per sqft).
- Rented since February 2019 on 3 Ejari contracts, at AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2022 price is 8.0%, 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 19 December 2023.
Questions about 708, Riah Tower
What did unit 708 last sell for?
AED 1,100,000 on 30 August 2022: AED 740 per sqft for 1,485 sqft. The unit has 3 registered sales; the first was AED 1,228,244 in December 2016.
What is the rent for unit 708?
AED 88,000 a year on the contract signed on 19 December 2023. The previous contract, from December 2022, was AED 85,000; the unit has been rented since February 2019.
How big is unit 708?
1,485 sqft (138.0 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2016.
What is unit 708 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 708, Riah Tower
Starts from the last sale price (AED 1.1M, 30 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →