3-bed · 1,851 sqftRiah Tower, Culture Village · 8th floor · completed 2016

806, Riah Tower

Sold prices and rental history: sold 3 times, last in June 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 20 June 2023
Last soldAED 1.7M20 June 2023
Current rentAED 84K /yr5 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Riah Tower

What is 806 worth today?

Last sold for AED 1,698,000 in 2023

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20 Jun 2023SoldReady
AED 1,698,000AED 917 per sqft
9 Jan 2023SoldReady
AED 1,304,927AED 704 per sqft
5 Aug 2022RentedRenewal
AED 84,000/yr12 months · AED 45 per sqft
21 Nov 2021Sold by developerReady
AED 1,480,776AED 800 per sqft
5 Aug 2021RentedRenewal
AED 84,000/yr12 months · AED 45 per sqft
5 Aug 2020RentedNew contract
AED 84,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 20 June 2023.

Key facts

Type
3-bed apartment
Size
1,851 sqft
Floor
8th of 16
Parking
B3-31, B3-32
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 25,700 /yr
Last sold
AED 1.7M · June 2023
Building
Riah Tower

About 806, Riah Tower

806 is a three-bedroom apartment of 1,851 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 20 June 2023 for AED 1,698,000, or AED 917 per sqft, 23% above the AED 744 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 5 August 2022, is AED 84,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 25,700 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical three-bed in Riah Tower
1.5M2M2.5M2016201920222025Typical sale price by year: 2016 AED 1,691,790; 2018 AED 2,285,910; 2019 AED 1,875,299; 2020 AED 1,565,392; 2021 AED 1,563,983; 2022 AED 1,570,771; 2023 AED 1,626,152; 2024 AED 1,980,000; 2025 AED 2,320,000Sold by developer, November 2021: AED 1,480,776 (AED 800 per sqft)Sold, January 2023: AED 1,304,927 (AED 704 per sqft)Sold, June 2023: AED 1,698,000 (AED 917 per sqft)

806 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 806, each contractTypical three-bed in Riah Tower
100K125K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 122,500; 2020 AED 90,000; 2021 AED 87,000; 2022 AED 88,100; 2023 AED 100,000; 2024 AED 123,000; 2025 AED 130,000; 2026 AED 132,750New contract, August 2020: AED 84,000 a yearRenewal, August 2021: AED 84,000 a yearRenewal, August 2022: AED 84,000 a year

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

3-beds in Riah Tower, and where 806 sits

All 49 3-beds →

806 last sold in June 2023 at AED 917 per sqft, 23% above what three-beds in Riah Tower were fetching at the time (AED 744). Over the last 12 months three-beds sold for AED 2,000,000 to 2,600,000, around AED 1,085 per sqft, and rent for AED 115,000 to 183,500 a year. 806's AED 84,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Dec 20252,600,000
27 Nov 20252,000,000
25 Nov 20252,600,000
8 May 20252,340,000
3 3-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
8032-bedAED 1.1M · Mar 2023
8041-bedAED 920K · Sep 2024
8051-bedAED 1.13M · Apr 2018
8071-bedAED 858K · Sep 2022
8082-bedAED 1.59M · Jun 2018
1–7 of 9

806, Riah Tower in numbers

  • Sold 3 times: first on 21 November 2021 for AED 1,480,776, last on 20 June 2023 for AED 1,698,000 (AED 917 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 25,700 a year (AED 13.90 per sqft).
  • Three-beds in Riah Tower sold for AED 2,000,000–2,600,000 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 20 June 2023.

Questions about 806, Riah Tower

What did unit 806 last sell for?

AED 1,698,000 on 20 June 2023: AED 917 per sqft for 1,851 sqft. The unit has 3 registered sales; the first was AED 1,480,776 in November 2021.

What is the rent for unit 806?

AED 84,000 a year on the contract renewed on 5 August 2022. The previous contract, from August 2021, was AED 84,000; the unit has been rented since August 2020.

How big is unit 806?

1,851 sqft (172.0 sqm): a three-bedroom apartment on the 8th floor of a 16-storey tower completed in 2016.

What is unit 806 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Riah Tower sold for AED 2,000,000 to 2,600,000 in the last 12 months, around AED 1,085 per sqft.

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Mortgage on 806, Riah Tower

Starts from the last sale price (AED 1.7M, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,698,000
Deposit, UAE resident (20%)
AED 339,600
Deposit, non-resident (40%)
AED 679,200
Monthly over 25 years at 3.7%
AED 6,947

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