701, 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 701, Riwa Building 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 19 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,397 sqft
- Floor
- 7th of 10
- Parking
- 1
- Last sold
- AED 3.86M · June 2024
- Building
- Riwa Building 1
About 701, Riwa Building 1
701 is a two-bedroom apartment of 1,397 sqft on the 7th floor of Riwa Building 1, a 10-storey tower in Umm Suqeim Third. The developer sold it on 19 June 2024 for AED 3,861,000, or AED 2,764 per sqft, 14% above 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 701 sits
All 43 2-beds →701 last sold in June 2024 at AED 2,764 per sqft, 14% above 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 7th floor
All 86 units in Riwa Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 727 sqft | AED 2.49MAED 2,494,000 · Jun 2024June 2024 | ||
| 703 | 2-bed | 1,737 sqft | AED 4.13MAED 4,129,000 · Jun 2024June 2024 | ||
| 704 | 1-bed | 743 sqft | AED 2.52MAED 2,524,000 · Oct 2024October 2024 | ||
| 705 | 3-bed | 1,990 sqft | AED 6.6MAED 6,604,000 · Jul 2024July 2024 | ||
| 706 | 3-bed | 2,015 sqft | AED 6.67MAED 6,672,000 · May 2024May 2024 | ||
| 707 | 2-bed | 1,766 sqft | AED 4.22MAED 4,220,000 · Jun 2024June 2024 | ||
| 708 | 2-bed | 1,256 sqft | AED 3.36MAED 3,361,000 · Jun 2024June 2024 | ||
| 709 | 2-bed | 1,255 sqft | AED 3.42MAED 3,420,000 · Jun 2024June 2024 |
701, Riwa Building 1 in numbers
- Sold once: by the developer on 19 June 2024 for AED 3,861,000, or AED 2,764 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 701, Riwa Building 1
What did unit 701 last sell for?
AED 3,861,000 on 19 June 2024, sold by the developer: AED 2,764 per sqft for 1,397 sqft. It is the only registered sale of the unit.
How big is unit 701?
1,397 sqft (129.8 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower.
What is unit 701 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 701, Riwa Building 1
Starts from the last sale price (AED 3.86M, 19 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,861,000
- Deposit, UAE resident (20%)
- AED 772,200
- Deposit, non-resident (40%)
- AED 1,544,400
- Monthly over 25 years at 3.7%
- AED 15,797
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →