3-bed · 1,999 sqftTuria Riverside Residence, The Views · 4th floor · completed 2006

416, Turia Riverside Residence

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 28 February 2020
Last soldAED 1.56M29 December 2012
Current rentAED 80K /yr28 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Turia Riverside Residence

What is 416 worth today?

Last sold for AED 1,558,888 in 2012

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28 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 40 per sqft
28 Feb 2018RentedNew contract
AED 105,000/yr12 months · AED 52 per sqft
1 Mar 2016RentedNew contract
AED 185,000/yr12 months · AED 92 per sqft
25 Oct 2015RentedRenewal
AED 175,000/yr12 months · AED 87 per sqft
25 Oct 2014RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft
25 Oct 2013RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft
29 Dec 2012Sold by developerReady
AED 1,558,888AED 779 per sqft
5 Nov 2012RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 28 February 2020.

Key facts

Type
3-bed apartment
Size
1,999 sqft
Floor
4th of 8
Parking
59,60
Developer
Emaar
Completed
2006
Service charge
AED 37,500 /yr
Last sold
AED 1.56M · December 2012

About 416, Turia Riverside Residence

416 is a three-bedroom apartment of 1,999 sqft on the 4th floor of Turia Riverside Residence, a 8-storey tower in The Views completed in 2006 by Emaar. The developer sold it on 29 December 2012 for AED 1,558,888, or AED 779 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 28 February 2020, is AED 80,000 a year: a gross yield of 5.1% on the 2012 price, before the service charge of about AED 37,500 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical three-bed in Turia Riverside Residence
2M4M2008201320182023Typical sale price by year: 2008 AED 1,923,888; 2009 AED 917,444; 2010 AED 1,674,800; 2011 AED 1,775,000; 2025 AED 3,700,000Sold by developer, December 2012: AED 1,558,888 (AED 779 per sqft)

416 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 416, each contractTypical three-bed in Turia Riverside Residence
100K200K2012201620202024Typical rent by year: 2012 AED 160,000; 2013 AED 175,000; 2014 AED 185,000; 2015 AED 193,069; 2016 AED 185,100; 2017 AED 175,000; 2018 AED 160,056; 2019 AED 147,500; 2020 AED 135,000; 2021 AED 135,000; 2022 AED 145,000; 2023 AED 170,000; 2024 AED 198,000; 2025 AED 200,000; 2026 AED 200,000New contract, November 2012: AED 170,000 a yearNew contract, October 2013: AED 170,000 a yearNew contract, October 2014: AED 170,000 a yearRenewal, October 2015: AED 175,000 a yearNew contract, March 2016: AED 185,000 a yearNew contract, February 2018: AED 105,000 a yearNew contract, February 2020: AED 80,000 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 Turia Riverside Residence, and where 416 sits

All 14 3-beds →

416's AED 80,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Aug 20253,700,000
20 Jun 20254,200,000
7 May 20253,600,000
17 Nov 20222,400,000
0 3-bed sales in the last 12 months

Turia Riverside Residence

Building

134 apartments, 1-bed to 3-bed over 8 floors in The Views, completed in 2006 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 1,970
Typical sale
AED 1.75M
Typical rent
AED 130K /yr
Typical yield
5.4%
Turia Riverside Residence, The Views: prices, sales and rents →

Other units on the 4th floor

All 134 units in Turia Riverside Residence
Value
4011-bedAED 1.2M · Jul 2013
4022-bedAED 794K · Sep 2008
4033-bedAED 1.4M · Feb 2011
4042-bedAED 1.74M · Nov 2018
4052-bedAED 2M · Mar 2024
4061-bedAED 700K · Oct 2011
4071-bedAED 825K · Oct 2012
1–7 of 17

416, Turia Riverside Residence in numbers

  • Sold once: by Emaar on 29 December 2012 for AED 1,558,888, or AED 779 per sqft.
  • Rented since November 2012 on 7 Ejari contracts, from AED 170,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2012 price is 5.1%, before a service charge of about AED 37,500 a year (AED 18.76 per sqft).

Source: Dubai Land Department. Updated 28 February 2020.

Questions about 416, Turia Riverside Residence

What did unit 416 last sell for?

AED 1,558,888 on 29 December 2012, sold by the developer: AED 779 per sqft for 1,999 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 80,000 a year on the contract signed on 28 February 2020. The previous contract, from February 2018, was AED 105,000; the unit has been rented since November 2012.

How big is unit 416?

1,999 sqft (185.7 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2006.

What is unit 416 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 416, Turia Riverside Residence

Starts from the last sale price (AED 1.56M, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,558,888
Deposit, UAE resident (20%)
AED 311,778
Deposit, non-resident (40%)
AED 623,555
Monthly over 25 years at 3.7%
AED 6,378

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