506, Riwa Building 1
Sold prices and rental history: sold once, by the developer in December 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 506, Riwa Building 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 9 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,015 sqft
- Floor
- 5th of 10
- Parking
- 2
- Last sold
- AED 6.63M · December 2024
- Building
- Riwa Building 1
About 506, Riwa Building 1
506 is a three-bedroom apartment of 2,015 sqft on the 5th floor of Riwa Building 1, a 10-storey tower in Umm Suqeim Third. The developer sold it on 9 December 2024 for AED 6,627,000, or AED 3,289 per sqft, in line with the AED 3,237 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in Riwa Building 1, and where 506 sits
All 19 3-beds →506 last sold in December 2024 at AED 3,289 per sqft, in line with what three-beds in Riwa Building 1 were fetching at the time (AED 3,237). Over the last 12 months three-beds sold for AED 321,300, around AED 262 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 1,222 sqft | 321,300 | 262 | ||
| 25 Jun 202525 June 2025 | 2,327 sqft | 6,426,000 | 2,761 | ||
| 26 May 202526 May 2025 | 2,030 sqft | 6,355,000 | 3,131 | ||
| 25 Mar 202525 March 2025 | 2,030 sqft | 6,418,000 | 3,162 |
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 | ||
| 502 | 1-bed | 727 sqft | AED 2.45MAED 2,448,000 · 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 | ||
| 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 |
506, Riwa Building 1 in numbers
- Sold once: by the developer on 9 December 2024 for AED 6,627,000, or AED 3,289 per sqft.
- Three-beds in Riwa Building 1 sold for AED 321,300–321,300 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 9 December 2024.
Questions about 506, Riwa Building 1
What did unit 506 last sell for?
AED 6,627,000 on 9 December 2024, sold by the developer: AED 3,289 per sqft for 2,015 sqft. It is the only registered sale of the unit.
How big is unit 506?
2,015 sqft (187.2 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Riwa Building 1 sold for AED 321,300 to 321,300 in the last 12 months, around AED 262 per sqft.
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Mortgage on 506, Riwa Building 1
Starts from the last sale price (AED 6.63M, 9 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,627,000
- Deposit, UAE resident (20%)
- AED 1,325,400
- Deposit, non-resident (40%)
- AED 2,650,800
- Monthly over 25 years at 3.7%
- AED 27,113
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →