1206, Niloofar Tower
Sold prices and rental history: sold 3 times, last in February 2021, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Niloofar Tower
What is 1206 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2023.
Key facts
- Type
- Studio apartment
- Size
- 558 sqft
- Floor
- 12th of 12
- Parking
- B4-21
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 10,300 /yr
- Last sold
- AED 373K · February 2021
- Building
- Niloofar Tower
About 1206, Niloofar Tower
1206 is a studio of 558 sqft on the 12th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 2 February 2021 for AED 373,000, or AED 667 per sqft, 7% below the AED 718 studios in the building were fetching at the time.
One Ejari contract is registered, from 8 August 2023. The current contract, signed on 8 August 2023, is AED 40,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 10,300 a year.
Sales and rents for 1206 over time
1206 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Niloofar Tower, and where 1206 sits
All 24 studios →1206 last sold in February 2021 at AED 667 per sqft, 7% below what studios in Niloofar Tower were fetching at the time (AED 718).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Apr 202211 April 2022 | 535 sqft | 430,000 | 804 | ||
| 21 Feb 202221 February 2022 | 654 sqft | 465,330 | 711 | ||
| 17 Oct 202117 October 2021 | 535 sqft | 400,000 | 748 | ||
| 29 Jun 202129 June 2021 | 654 sqft | 410,000 | 627 |
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 12th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 908 sqft | AED 598KAED 598,220 · Feb 2022February 2022 | 70,000 /yr | |
| 1202 | 2-bed | 1,178 sqft | AED 947KAED 946,957 · Jul 2016July 2016 | 66,500 /yr | |
| 1203 | Studio | 677 sqft | AED 542KAED 541,984 · Aug 2016August 2016 | 32,000 /yr | |
| 1207 | 2-bed | 1,289 sqft | AED 1.25MAED 1,250,000 · Aug 2021August 2021 | ||
| 1208 | 1-bed | 909 sqft | AED 841KAED 840,834 · Apr 2016April 2016 | 73,000 /yr |
1206, Niloofar Tower in numbers
- Sold 3 times: first on 18 December 2011 for AED 1,154,016, last on 2 February 2021 for AED 373,000 (AED 667 per sqft).
- Rented since August 2023 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 10,300 a year (AED 18.38 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2023.
Questions about 1206, Niloofar Tower
What did unit 1206 last sell for?
AED 373,000 on 2 February 2021: AED 667 per sqft for 558 sqft. The unit has 3 registered sales; the first was AED 1,154,016 in December 2011.
What is the rent for unit 1206?
AED 40,000 a year on the contract signed on 8 August 2023.
How big is unit 1206?
558 sqft (51.8 sqm): a studio on the 12th floor of a 12-storey tower completed in 2017.
What is unit 1206 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 1206, Niloofar Tower
Starts from the last sale price (AED 373K, 2 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 373,000
- Deposit, UAE resident (20%)
- AED 74,600
- Deposit, non-resident (40%)
- AED 149,200
- Monthly over 25 years at 3.7%
- AED 1,526
Plus AED 18,576 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →