505, Riwa Building 2
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 505, Riwa Building 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 5 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,249 sqft
- Floor
- 5th of 10
- Parking
- 1
- Last sold
- AED 3.28M · June 2024
- Building
- Riwa Building 2
About 505, Riwa Building 2
505 is a two-bedroom apartment of 1,249 sqft on the 5th floor of Riwa Building 2, a 10-storey tower in Umm Suqeim Third. The developer sold it on 5 June 2024 for AED 3,279,000, or AED 2,625 per sqft, in line with the AED 2,625 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 2, and where 505 sits
All 37 2-beds →505 last sold in June 2024 at AED 2,625 per sqft, in line with what two-beds in Riwa Building 2 were fetching at the time (AED 2,625).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202430 October 2024 | 1,233 sqft | 3,572,000 | 2,897 | ||
| 17 Sep 202417 September 2024 | 1,736 sqft | 3,865,000 | 2,226 | ||
| 17 Sep 202417 September 2024 | 1,341 sqft | 3,436,000 | 2,562 | ||
| 14 Aug 202414 August 2024 | 1,417 sqft | 3,540,000 | 2,497 |
Riwa Building 2
Building79 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
Other units on the 5th floor
All 79 units in Riwa Building 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,233 sqft | AED 3.57MAED 3,572,000 · Oct 2024October 2024 | ||
| 502 | 1-bed | 725 sqft | AED 2.69MAED 2,694,000 · Jun 2024June 2024 | ||
| 503 | 2-bed | 1,736 sqft | AED 4.1MAED 4,097,000 · Jul 2024July 2024 | ||
| 504 | 1-bed | 743 sqft | AED 2.51MAED 2,505,000 · Jun 2024June 2024 | ||
| 506 | 1-bed | 725 sqft | AED 2.44MAED 2,443,000 · Aug 2024August 2024 | ||
| 507 | 1-bed | 742 sqft | AED 2.5MAED 2,500,000 · Jun 2024June 2024 | ||
| 508 | 1-bed | 725 sqft | AED 2.49MAED 2,491,000 · Jun 2024June 2024 | ||
| 509 | 2-bed | 1,376 sqft | AED 3.86MAED 3,859,000 · Jun 2024June 2024 |
505, Riwa Building 2 in numbers
- Sold once: by the developer on 5 June 2024 for AED 3,279,000, or AED 2,625 per sqft.
Source: Dubai Land Department. Updated 5 June 2024.
Questions about 505, Riwa Building 2
What did unit 505 last sell for?
AED 3,279,000 on 5 June 2024, sold by the developer: AED 2,625 per sqft for 1,249 sqft. It is the only registered sale of the unit.
How big is unit 505?
1,249 sqft (116.0 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.
What is unit 505 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 505, Riwa Building 2
Starts from the last sale price (AED 3.28M, 5 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,279,000
- Deposit, UAE resident (20%)
- AED 655,800
- Deposit, non-resident (40%)
- AED 1,311,600
- Monthly over 25 years at 3.7%
- AED 13,415
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →