2-bed · 1,256 sqftRiwa Building 1, Umm Suqeim Third · 3rd floor

308, Riwa Building 1

Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 3.24M25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Riwa Building 1

What is 308 worth today?

Last sold for AED 3,237,000 in 2024

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25 Jul 2024Sold by developerOff-plan
AED 3,237,000AED 2,576 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
2-bed apartment
Size
1,256 sqft
Floor
3rd of 10
Parking
1
Last sold
AED 3.24M · July 2024

About 308, Riwa Building 1

308 is a two-bedroom apartment of 1,256 sqft on the 3rd floor of Riwa Building 1, a 10-storey tower in Umm Suqeim Third. The developer sold it on 25 July 2024 for AED 3,237,000, or AED 2,576 per sqft, 6% above the AED 2,431 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Riwa Building 1, and where 308 sits

All 43 2-beds →

308 last sold in July 2024 at AED 2,576 per sqft, 6% above what two-beds in Riwa Building 1 were fetching at the time (AED 2,431). Over the last 12 months two-beds sold for AED 3,326,000, around AED 2,650 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 20263,326,000
23 Jul 20254,241,000
29 Aug 20243,389,000
13 Aug 20243,326,000
1 2-bed sale in the last 12 months

Riwa Building 1

Building

86 apartments, 1-bed to 4-bed over 10 floors in Umm Suqeim Third. 2 sold in the last 12 months.

Typical price per sqft
AED 2,650
Typical sale
AED 3.33M
Typical rent
Few contracts
Typical yield
Riwa Building 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 3rd floor

All 86 units in Riwa Building 1
Value
3012-bedAED 3.72M · Jun 2024
3021-bedAED 2.33M · Jun 2024
3032-bedAED 3.98M · Jun 2024
3041-bedAED 2.5M · May 2024
3053-bedAED 6.43M · Feb 2025
3063-bedAED 6.5M · Dec 2024
3072-bedAED 4.07M · Jun 2024
1–7 of 8

308, Riwa Building 1 in numbers

  • Sold once: by the developer on 25 July 2024 for AED 3,237,000, or AED 2,576 per sqft.
  • Two-beds in Riwa Building 1 sold for AED 3,326,000–3,326,000 in the 12 months to November 2026; the building's median across all types is AED 2,650 per sqft.

Source: Dubai Land Department. Updated 25 July 2024.

Questions about 308, Riwa Building 1

What did unit 308 last sell for?

AED 3,237,000 on 25 July 2024, sold by the developer: AED 2,576 per sqft for 1,256 sqft. It is the only registered sale of the unit.

How big is unit 308?

1,256 sqft (116.7 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Riwa Building 1 sold for AED 3,326,000 to 3,326,000 in the last 12 months, around AED 2,650 per sqft.

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Mortgage on 308, Riwa Building 1

Starts from the last sale price (AED 3.24M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,237,000
Deposit, UAE resident (20%)
AED 647,400
Deposit, non-resident (40%)
AED 1,294,800
Monthly over 25 years at 3.7%
AED 13,244

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