3-bed · 2,091 sqftRiah Tower, Culture Village · 8th floor · completed 2016

809, Riah Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 1.99M11 October 2024
Current rentAED 100K /yr16 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Riah Tower

What is 809 worth today?

Last sold for AED 1,990,000 in 2024

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11 Oct 2024SoldReady
AED 1,990,000AED 951 per sqft
16 Jan 2023RentedNew contract
AED 100,000/yr12 months · AED 48 per sqft
7 Feb 2022SoldReady
AED 1,760,000AED 841 per sqft
15 Nov 2019RentedNew contract
AED 105,000/yr12 months · AED 50 per sqft
21 Oct 2019Sold by developerReady
AED 1,882,010AED 900 per sqft
18 Mar 2019RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
3-bed apartment
Size
2,091 sqft
Floor
8th of 16
Parking
B3-35, B3-36
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 29,100 /yr
Last sold
AED 1.99M · October 2024
Building
Riah Tower

About 809, Riah Tower

809 is a three-bedroom apartment of 2,091 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 11 October 2024 for AED 1,990,000, or AED 951 per sqft, 4% above the AED 911 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 16 January 2023, is AED 100,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 29,100 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical three-bed in Riah Tower
1.5M2M2016201920222025Typical 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, October 2019: AED 1,882,010 (AED 900 per sqft)Sold, February 2022: AED 1,760,000 (AED 841 per sqft)Sold, October 2024: AED 1,990,000 (AED 951 per sqft)

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

Rents
Unit 809, 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, March 2019: AED 125,000 a yearNew contract, November 2019: AED 105,000 a yearNew contract, January 2023: AED 100,000 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 809 sits

All 49 3-beds →

809 last sold in October 2024 at AED 951 per sqft, 4% above what three-beds in Riah Tower were fetching at the time (AED 911). 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. 809's AED 100,000 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
8063-bedAED 1.7M · Jun 2023
8071-bedAED 858K · Sep 2022
1–7 of 9

809, Riah Tower in numbers

  • Sold 3 times: first on 21 October 2019 for AED 1,882,010, last on 11 October 2024 for AED 1,990,000 (AED 951 per sqft).
  • Rented since March 2019 on 3 Ejari contracts, from AED 125,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 29,100 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 11 October 2024.

Questions about 809, Riah Tower

What did unit 809 last sell for?

AED 1,990,000 on 11 October 2024: AED 951 per sqft for 2,091 sqft. The unit has 3 registered sales; the first was AED 1,882,010 in October 2019.

What is the rent for unit 809?

AED 100,000 a year on the contract signed on 16 January 2023. The previous contract, from November 2019, was AED 105,000; the unit has been rented since March 2019.

How big is unit 809?

2,091 sqft (194.3 sqm): a three-bedroom apartment on the 8th floor of a 16-storey tower completed in 2016.

What is unit 809 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 809, Riah Tower

Starts from the last sale price (AED 1.99M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,990,000
Deposit, UAE resident (20%)
AED 398,000
Deposit, non-resident (40%)
AED 796,000
Monthly over 25 years at 3.7%
AED 8,142

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