1-bed · 725 sqftRiwa Building 2, Umm Suqeim Third · 4th floor

408, Riwa Building 2

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 2.47M30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Riwa Building 2

What is 408 worth today?

Last sold for AED 2,467,000 in 2024

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30 Aug 2024Sold by developerOff-plan
AED 2,467,000AED 3,400 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
4th of 10
Parking
1
Last sold
AED 2.47M · August 2024

About 408, Riwa Building 2

408 is a one-bedroom apartment of 725 sqft on the 4th floor of Riwa Building 2, a 10-storey tower in Umm Suqeim Third. The developer sold it on 30 August 2024 for AED 2,467,000, or AED 3,400 per sqft, in line with the AED 3,382 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 2, and where 408 sits

All 42 1-beds →

408 last sold in August 2024 at AED 3,400 per sqft, in line with what one-beds in Riwa Building 2 were fetching at the time (AED 3,382).

Recent 1-bed salesUnit no.Price (AED)Summary
6 Dec 20242,395,000
22 Nov 20242,334,000
18 Nov 20242,361,000
18 Nov 20242,406,000
0 1-bed sales in the last 12 months

Riwa Building 2

Building

79 apartments, 1-bed to 2-bed over 10 floors in Umm Suqeim Third. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Riwa Building 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 4th floor

All 79 units in Riwa Building 2
Value
4012-bedAED 3.54M · Jul 2024
4021-bedAED 2.67M · Jun 2024
4032-bedAED 4.06M · May 2024
4041-bedAED 2.48M · May 2024
4052-bedAED 3.25M · Jun 2024
4061-bedAED 2.42M · Jun 2024
4071-bedAED 2.48M · Jun 2024
1–7 of 8

408, Riwa Building 2 in numbers

  • Sold once: by the developer on 30 August 2024 for AED 2,467,000, or AED 3,400 per sqft.

Source: Dubai Land Department. Updated 30 August 2024.

Questions about 408, Riwa Building 2

What did unit 408 last sell for?

AED 2,467,000 on 30 August 2024, sold by the developer: AED 3,400 per sqft for 725 sqft. It is the only registered sale of the unit.

How big is unit 408?

725 sqft (67.4 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower.

What is unit 408 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 408, Riwa Building 2

Starts from the last sale price (AED 2.47M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,467,000
Deposit, UAE resident (20%)
AED 493,400
Deposit, non-resident (40%)
AED 986,800
Monthly over 25 years at 3.7%
AED 10,093

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