2-bed · 1,473 sqftRiah Tower, Culture Village · 8th floor · completed 2016

803, Riah Tower

Sold prices and rental history: sold twice, last in March 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 6 March 2023
Last soldAED 1.1M6 March 2023
Current rentAED 70K /yr24 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Riah Tower

What is 803 worth today?

Last sold for AED 1,100,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Mar 2023SoldReady
AED 1,100,000AED 746 per sqft
24 Jan 2022RentedNew contract
AED 70,000/yr12 months · AED 48 per sqft
15 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 37 per sqft
14 Oct 2019Sold by developerReady
AED 1,271,199AED 862 per sqft

Source: Dubai Land Department. Updated 6 March 2023.

Key facts

Type
2-bed apartment
Size
1,473 sqft
Floor
8th of 16
Parking
B3-28
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 20,500 /yr
Last sold
AED 1.1M · March 2023
Building
Riah Tower

About 803, Riah Tower

803 is a two-bedroom apartment of 1,473 sqft on the 8th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 6 March 2023 for AED 1,100,000, or AED 746 per sqft, in line with the AED 740 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 24 January 2022, is AED 70,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 20,500 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical two-bed in Riah Tower
1M1.5M2016201920222025Typical 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, October 2019: AED 1,271,199 (AED 862 per sqft)Sold, March 2023: AED 1,100,000 (AED 746 per sqft)

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

Rents
Unit 803, each contractTypical two-bed in Riah Tower
50K75K100K2018202120242027Typical 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, October 2020: AED 55,000 a yearNew contract, January 2022: AED 70,000 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 803 sits

All 47 2-beds →

803 last sold in March 2023 at AED 746 per sqft, in line with what two-beds in Riah Tower were fetching at the time (AED 740). 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. 803's AED 70,000 is at the bottom 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 8th floor

All 156 units in Riah Tower
Value
8012-bedAED 1.23M · Oct 2023
802StudioAED 870K · Mar 2018
8041-bedAED 920K · Sep 2024
8051-bedAED 1.13M · Apr 2018
8063-bedAED 1.7M · Jun 2023
8071-bedAED 858K · Sep 2022
8082-bedAED 1.59M · Jun 2018
1–7 of 9

803, Riah Tower in numbers

  • Sold twice: first on 14 October 2019 for AED 1,271,199, last on 6 March 2023 for AED 1,100,000 (AED 746 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 20,500 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 6 March 2023.

Questions about 803, Riah Tower

What did unit 803 last sell for?

AED 1,100,000 on 6 March 2023: AED 746 per sqft for 1,473 sqft. The unit has 2 registered sales; the first was AED 1,271,199 in October 2019.

What is the rent for unit 803?

AED 70,000 a year on the contract signed on 24 January 2022. The previous contract, from October 2020, was AED 55,000.

How big is unit 803?

1,473 sqft (136.8 sqm): a two-bedroom apartment on the 8th floor of a 16-storey tower completed in 2016.

What is unit 803 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.

Selling 803? 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.

How OpenOffers works

Mortgage on 803, Riah Tower

Starts from the last sale price (AED 1.1M, 6 March 2023). 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 →