505, Riwa Building 3
Sold prices and rental history: sold once, by the developer in July 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 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,248 sqft
- Floor
- 5th of 10
- Parking
- 1
- Last sold
- AED 3.63M · July 2024
- Building
- Riwa Building 3
About 505, Riwa Building 3
505 is a two-bedroom apartment of 1,248 sqft on the 5th floor of Riwa Building 3, a 10-storey tower in Umm Suqeim Third. The developer sold it on 25 July 2024 for AED 3,625,000, or AED 2,903 per sqft, 7% above the AED 2,718 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 3, and where 505 sits
All 30 2-beds →505 last sold in July 2024 at AED 2,903 per sqft, 7% above what two-beds in Riwa Building 3 were fetching at the time (AED 2,718).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202417 September 2024 | 1,868 sqft | 4,264,000 | 2,282 | ||
| 30 Aug 202430 August 2024 | 1,340 sqft | 3,870,000 | 2,887 | ||
| 19 Aug 202419 August 2024 | 1,420 sqft | 3,325,000 | 2,341 | ||
| 13 Aug 202413 August 2024 | 1,233 sqft | 3,394,000 | 2,753 |
Riwa Building 3
Building79 apartments, 1-bed to 3-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 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 725 sqft | AED 2.56MAED 2,564,000 · Jun 2024June 2024 | ||
| 502 | 2-bed | 1,233 sqft | AED 3.39MAED 3,394,000 · Aug 2024August 2024 | ||
| 503 | 2-bed | 1,722 sqft | AED 4.43MAED 4,432,000 · Jun 2024June 2024 | ||
| 504 | 1-bed | 742 sqft | AED 2.77MAED 2,765,000 · Aug 2024August 2024 | ||
| 506 | 1-bed | 742 sqft | AED 2.77MAED 2,766,000 · Jun 2024June 2024 | ||
| 507 | 3-bed | 2,001 sqft | AED 6.37MAED 6,367,000 · Aug 2024August 2024 | ||
| 508 | 1-bed | 725 sqft | AED 2.56MAED 2,564,000 · Jun 2024June 2024 |
505, Riwa Building 3 in numbers
- Sold once: by the developer on 25 July 2024 for AED 3,625,000, or AED 2,903 per sqft.
Source: Dubai Land Department. Updated 25 July 2024.
Questions about 505, Riwa Building 3
What did unit 505 last sell for?
AED 3,625,000 on 25 July 2024, sold by the developer: AED 2,903 per sqft for 1,248 sqft. It is the only registered sale of the unit.
How big is unit 505?
1,248 sqft (115.9 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 3
Starts from the last sale price (AED 3.63M, 25 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,625,000
- Deposit, UAE resident (20%)
- AED 725,000
- Deposit, non-resident (40%)
- AED 1,450,000
- Monthly over 25 years at 3.7%
- AED 14,831
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →