2-bed · 1,737 sqftRiwa Building 1, Umm Suqeim Third · 7th floor

703, 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.

Unit 703 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 4.13M26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Riwa Building 1

What is 703 worth today?

Last sold for AED 4,129,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Jun 2024Sold by developerOff-plan
AED 4,129,000AED 2,377 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
2-bed apartment
Size
1,737 sqft
Floor
7th of 10
Parking
1
Last sold
AED 4.13M · June 2024

About 703, Riwa Building 1

703 is a two-bedroom apartment of 1,737 sqft on the 7th floor of Riwa Building 1, a 10-storey tower in Umm Suqeim Third. The developer sold it on 26 June 2024 for AED 4,129,000, or AED 2,377 per sqft, in line with the AED 2,442 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 703 sits

All 43 2-beds →

703 last sold in June 2024 at AED 2,377 per sqft, in line with what two-beds in Riwa Building 1 were fetching at the time (AED 2,442). 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 7th floor

All 86 units in Riwa Building 1
Value
7012-bedAED 3.86M · Jun 2024
7021-bedAED 2.49M · Jun 2024
7041-bedAED 2.52M · Oct 2024
7053-bedAED 6.6M · Jul 2024
7063-bedAED 6.67M · May 2024
7072-bedAED 4.22M · Jun 2024
7082-bedAED 3.36M · Jun 2024
1–7 of 8

703, Riwa Building 1 in numbers

  • Sold once: by the developer on 26 June 2024 for AED 4,129,000, or AED 2,377 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 26 June 2024.

Questions about 703, Riwa Building 1

What did unit 703 last sell for?

AED 4,129,000 on 26 June 2024, sold by the developer: AED 2,377 per sqft for 1,737 sqft. It is the only registered sale of the unit.

How big is unit 703?

1,737 sqft (161.4 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower.

What is unit 703 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.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, Riwa Building 1

Starts from the last sale price (AED 4.13M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,129,000
Deposit, UAE resident (20%)
AED 825,800
Deposit, non-resident (40%)
AED 1,651,600
Monthly over 25 years at 3.7%
AED 16,893

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