1101, Niloofar Tower
Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Niloofar Tower
What is 1101 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 908 sqft
- Floor
- 11th of 12
- Parking
- B4-10
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 16,700 /yr
- Last sold
- AED 722K · July 2016
- Building
- Niloofar Tower
About 1101, Niloofar Tower
1101 is a one-bedroom apartment of 908 sqft on the 11th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. The developer sold it on 24 July 2016 for AED 721,717, or AED 794 per sqft, 12% below the AED 899 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 25 May 2021, is AED 48,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 16,700 a year.
Sales and rents for 1101 over time
1101 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Niloofar Tower, and where 1101 sits
All 46 1-beds →1101 last sold in July 2016 at AED 794 per sqft, 12% below what one-beds in Niloofar Tower were fetching at the time (AED 899). 1101's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Feb 202221 February 2022 | 908 sqft | 598,220 | 658 | ||
| 11 Aug 202111 August 2021 | 924 sqft | 750,000 | 811 | ||
| 29 Jun 202129 June 2021 | 917 sqft | 675,299 | 736 | ||
| 8 Jun 20218 June 2021 | 897 sqft | 675,000 | 752 |
Niloofar Tower
Building93 apartments, studios to 2-bed over 12 floors in Culture Village, completed in 2017 by RMG. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 57K /yr
- Typical yield
Other units on the 11th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 2-bed | 1,257 sqft | AED 1.32MAED 1,320,197 · Jan 2018January 2018 | 90,000 /yr | |
| 1103 | Studio | 654 sqft | AED 465KAED 465,330 · Feb 2022February 2022 | 33,000 /yr | |
| 1104 | 1-bed | 1,028 sqft | AED 822KAED 822,104 · Aug 2016August 2016 | 45,000 /yr | |
| 1105 | 1-bed | 1,006 sqft | AED 805KAED 804,968 · Aug 2016August 2016 | 60,000 /yr | |
| 1106 | Studio | 534 sqft | AED 401KAED 400,823 · Feb 2017February 2017 | 44,000 /yr | |
| 1107 | 2-bed | 1,368 sqft | AED 1.44MAED 1,436,726 · Jan 2018January 2018 | 80,000 /yr | |
| 1108 | 1-bed | 909 sqft | AED 954KAED 954,461 · Jan 2018January 2018 | 50,000 /yr |
1101, Niloofar Tower in numbers
- Sold once: by RMG on 24 July 2016 for AED 721,717, or AED 794 per sqft.
- Rented since May 2018 on 3 Ejari contracts, from AED 65,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 16,700 a year (AED 18.38 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2021.
Questions about 1101, Niloofar Tower
What did unit 1101 last sell for?
AED 721,717 on 24 July 2016, sold by the developer: AED 794 per sqft for 908 sqft. It is the only registered sale of the unit.
What is the rent for unit 1101?
AED 48,000 a year on the contract renewed on 25 May 2021. The previous contract, from May 2019, was AED 60,000; the unit has been rented since May 2018.
How big is unit 1101?
908 sqft (84.4 sqm): a one-bedroom apartment on the 11th floor of a 12-storey tower completed in 2017.
What is unit 1101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1101? 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.
Mortgage on 1101, Niloofar Tower
Starts from the last sale price (AED 722K, 24 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 721,717
- Deposit, UAE resident (20%)
- AED 144,343
- Deposit, non-resident (40%)
- AED 288,687
- Monthly over 25 years at 3.7%
- AED 2,953
Plus AED 35,322 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →