502, Riwa Building 1
Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Riwa Building 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 19 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 727 sqft
- Floor
- 5th of 10
- Parking
- 1
- Last sold
- AED 2.45M · June 2024
- Building
- Riwa Building 1
About 502, Riwa Building 1
502 is a one-bedroom apartment of 727 sqft on the 5th floor of Riwa Building 1, a 10-storey tower in Umm Suqeim Third. The developer sold it on 19 June 2024 for AED 2,448,000, or AED 3,368 per sqft, in line with the AED 3,419 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
1-beds in Riwa Building 1, and where 502 sits
All 23 1-beds →502 last sold in June 2024 at AED 3,368 per sqft, in line with what one-beds in Riwa Building 1 were fetching at the time (AED 3,419).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202424 December 2024 | 743 sqft | 2,481,000 | 3,341 | ||
| 22 Nov 202422 November 2024 | 727 sqft | 2,378,000 | 3,271 | ||
| 30 Oct 202430 October 2024 | 736 sqft | 2,387,000 | 3,241 | ||
| 28 Oct 202428 October 2024 | 743 sqft | 2,524,000 | 3,399 |
Riwa Building 1
Building86 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
Other units on the 5th floor
All 86 units in Riwa Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,397 sqft | AED 3.79MAED 3,791,000 · Jun 2024June 2024 | ||
| 503 | 2-bed | 1,737 sqft | AED 4.05MAED 4,053,000 · Jun 2024June 2024 | ||
| 504 | 1-bed | 743 sqft | AED 2.55MAED 2,554,000 · Jun 2024June 2024 | ||
| 505 | 3-bed | 1,990 sqft | AED 6.56MAED 6,559,000 · Nov 2024November 2024 | ||
| 506 | 3-bed | 2,015 sqft | AED 6.63MAED 6,627,000 · Dec 2024December 2024 | ||
| 507 | 2-bed | 1,766 sqft | AED 4.14MAED 4,143,000 · Jun 2024June 2024 | ||
| 508 | 2-bed | 1,256 sqft | AED 3.3MAED 3,300,000 · Jun 2024June 2024 | ||
| 509 | 2-bed | 1,255 sqft | AED 3.36MAED 3,358,000 · Jul 2024July 2024 |
502, Riwa Building 1 in numbers
- Sold once: by the developer on 19 June 2024 for AED 2,448,000, or AED 3,368 per sqft.
Source: Dubai Land Department. Updated 19 June 2024.
Questions about 502, Riwa Building 1
What did unit 502 last sell for?
AED 2,448,000 on 19 June 2024, sold by the developer: AED 3,368 per sqft for 727 sqft. It is the only registered sale of the unit.
How big is unit 502?
727 sqft (67.5 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower.
What is unit 502 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 502, Riwa Building 1
Starts from the last sale price (AED 2.45M, 19 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,448,000
- Deposit, UAE resident (20%)
- AED 489,600
- Deposit, non-resident (40%)
- AED 979,200
- Monthly over 25 years at 3.7%
- AED 10,016
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →