507, 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 507, Riwa Building 1
What is 507 worth today?
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Source: Dubai Land Department. Updated 19 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,766 sqft
- Floor
- 5th of 10
- Parking
- 1
- Last sold
- AED 4.14M · June 2024
- Building
- Riwa Building 1
About 507, Riwa Building 1
507 is a two-bedroom apartment of 1,766 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 4,143,000, or AED 2,345 per sqft, 3% below the AED 2,420 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 507 sits
All 43 2-beds →507 last sold in June 2024 at AED 2,345 per sqft, 3% below what two-beds in Riwa Building 1 were fetching at the time (AED 2,420). Over the last 12 months two-beds sold for AED 3,326,000, around AED 2,650 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 1,255 sqft | 3,326,000 | 2,650 | ||
| 23 Jul 202523 July 2025 | 1,737 sqft | 4,241,000 | 2,442 | ||
| 29 Aug 202429 August 2024 | 1,255 sqft | 3,389,000 | 2,700 | ||
| 13 Aug 202413 August 2024 | 1,255 sqft | 3,326,000 | 2,650 |
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 | ||
| 506 | 3-bed | 2,015 sqft | AED 6.63MAED 6,627,000 · Dec 2024December 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 |
507, Riwa Building 1 in numbers
- Sold once: by the developer on 19 June 2024 for AED 4,143,000, or AED 2,345 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 19 June 2024.
Questions about 507, Riwa Building 1
What did unit 507 last sell for?
AED 4,143,000 on 19 June 2024, sold by the developer: AED 2,345 per sqft for 1,766 sqft. It is the only registered sale of the unit.
How big is unit 507?
1,766 sqft (164.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.
What is unit 507 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 507, Riwa Building 1
Starts from the last sale price (AED 4.14M, 19 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,143,000
- Deposit, UAE resident (20%)
- AED 828,600
- Deposit, non-resident (40%)
- AED 1,657,200
- Monthly over 25 years at 3.7%
- AED 16,950
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →