2-bed · 1,224 sqftTuria Riverside Residence, The Views · 7th floor · completed 2006

704, Turia Riverside Residence

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

Unit 704 · DLD and Ejari recordsUpdated 21 October 2023
Last soldAED 1.75M4 May 2023
Current rentAED 109K /yr21 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Turia Riverside Residence

What is 704 worth today?

Last sold for AED 1,750,000 in 2023

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21 Oct 2023RentedRenewal
AED 108,500/yr7 months · AED 88 per sqft
4 May 2023SoldReady
AED 1,750,000AED 1,429 per sqft
22 Oct 2022RentedRenewal
AED 104,500/yr12 months · AED 85 per sqft
21 Oct 2022RentedNew contract
AED 104,500/yr12 months · AED 85 per sqft
22 Oct 2021RentedRenewal
AED 95,000/yr12 months · AED 78 per sqft
22 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft
4 Mar 2018Sold by developerReady
AED 1,138,888AED 930 per sqft

Source: Dubai Land Department. Updated 21 October 2023.

Key facts

Type
2-bed apartment
Size
1,224 sqft
Floor
7th of 8
Parking
75
Developer
Emaar
Completed
2006
Service charge
AED 23,000 /yr
Last sold
AED 1.75M · May 2023

About 704, Turia Riverside Residence

704 is a two-bedroom apartment of 1,224 sqft on the 7th floor of Turia Riverside Residence, a 8-storey tower in The Views completed in 2006 by Emaar. It last sold on 4 May 2023 for AED 1,750,000, or AED 1,429 per sqft, 10% above the AED 1,298 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 21 October 2023, is AED 108,500 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 23,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Turia Riverside Residence
1M2M2008201320182023Typical sale price by year: 2008 AED 1,152,444; 2009 AED 989,944; 2010 AED 998,944; 2011 AED 1,000,000; 2012 AED 1,350,000; 2013 AED 1,680,000; 2014 AED 2,000,000; 2015 AED 1,687,500; 2016 AED 1,730,000; 2017 AED 1,750,000; 2018 AED 1,450,000; 2020 AED 1,237,500; 2021 AED 1,390,000; 2022 AED 1,465,000; 2023 AED 1,750,000; 2024 AED 2,185,000; 2025 AED 2,400,000Sold by developer, March 2018: AED 1,138,888 (AED 930 per sqft)Sold, May 2023: AED 1,750,000 (AED 1,429 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Turia Riverside Residence
100K150K2012201620202024Typical rent by year: 2012 AED 107,500; 2013 AED 122,000; 2014 AED 135,000; 2015 AED 139,000; 2016 AED 140,000; 2017 AED 132,000; 2018 AED 117,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 105,000; 2023 AED 115,000; 2024 AED 139,172; 2025 AED 150,000; 2026 AED 140,000New contract, October 2020: AED 95,000 a yearRenewal, October 2021: AED 95,000 a yearRenewal, October 2022: AED 104,500 a yearNew contract, October 2022: AED 104,500 a yearRenewal, October 2023: AED 108,500 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 Turia Riverside Residence, and where 704 sits

All 83 2-beds →

704 last sold in May 2023 at AED 1,429 per sqft, 10% above what two-beds in Turia Riverside Residence were fetching at the time (AED 1,298). Over the last 12 months two-beds sold for AED 400,000 to 2,950,000, around AED 2,251 per sqft, and rent for AED 115,000 to 180,000 a year. 704's AED 108,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jun 2026400,000
23 Jan 20262,950,000
3 Nov 20252,300,000
8 Oct 20252,300,000
2 2-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 7th floor

All 134 units in Turia Riverside Residence
Value
7022-bedAED 1.65M · Jun 2023
7033-bedAED 2.83M · May 2013
7052-bedAED 1.85M · Feb 2015
7061-bedAED 1.31M · Jan 2024

704, Turia Riverside Residence in numbers

  • Sold twice: first on 4 March 2018 for AED 1,138,888, last on 4 May 2023 for AED 1,750,000 (AED 1,429 per sqft).
  • Rented since October 2020 on 5 Ejari contracts, from AED 95,000 to AED 108,500 a year.
  • At AED 108,500 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 23,000 a year (AED 18.76 per sqft).
  • Two-beds in Turia Riverside Residence sold for AED 400,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,970 per sqft.

Source: Dubai Land Department. Updated 21 October 2023.

Questions about 704, Turia Riverside Residence

What did unit 704 last sell for?

AED 1,750,000 on 4 May 2023: AED 1,429 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 1,138,888 in March 2018.

What is the rent for unit 704?

AED 108,500 a year on the contract renewed on 21 October 2023. The previous contract, from October 2022, was AED 104,500; the unit has been rented since October 2020.

How big is unit 704?

1,224 sqft (113.7 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2006.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Turia Riverside Residence sold for AED 400,000 to 2,950,000 in the last 12 months, around AED 2,251 per sqft.

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Mortgage on 704, Turia Riverside Residence

Starts from the last sale price (AED 1.75M, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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