206, Niloofar Tower
Sold prices and rental history: sold 3 times, last in October 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Niloofar Tower
What is 206 worth today?
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Source: Dubai Land Department. Updated 29 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 535 sqft
- Floor
- 2nd of 12
- Parking
- B1-10
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 9,800 /yr
- Last sold
- AED 400K · October 2021
- Building
- Niloofar Tower
About 206, Niloofar Tower
206 is a studio of 535 sqft on the 2nd floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 17 October 2021 for AED 400,000, or AED 748 per sqft, 4% above the AED 716 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 29 April 2025, is AED 55,000 a year: a gross yield of 13.8% on the 2021 price, before the service charge of about AED 9,800 a year.
Sales and rents for 206 over time
206 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 206 sits
All 24 studios →206 last sold in October 2021 at AED 748 per sqft, 4% above what studios in Niloofar Tower were fetching at the time (AED 716).
| 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 | ||
| 29 Jun 202129 June 2021 | 654 sqft | 410,000 | 627 | ||
| 2 Feb 20212 February 2021 | 558 sqft | 373,000 | 667 |
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 2nd floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 898 sqft | AED 1MAED 1,000,000 · Jan 2018January 2018 | 70,000 /yr | |
| 202 | 2-bed | 1,280 sqft | AED 850KAED 850,000 · Aug 2013August 2013 | 30,000 /yr | |
| 203 | Studio | 654 sqft | AED 410KAED 410,000 · Jun 2021June 2021 | 41,000 /yr | |
| 204 | 1-bed | 1,081 sqft | AED 700KAED 700,000 · Aug 2013August 2013 | 57,750 /yr | |
| 205 | 1-bed | 1,059 sqft | AED 700KAED 700,000 · Aug 2013August 2013 | 52,000 /yr | |
| 207 | 2-bed | 1,391 sqft | AED 900KAED 900,000 · Aug 2013August 2013 | 77,385 /yr | |
| 208 | 1-bed | 899 sqft | AED 600KAED 600,000 · Aug 2013August 2013 | 70,000 /yr |
206, Niloofar Tower in numbers
- Sold 3 times: first on 11 February 2013 for AED 672,647, last on 17 October 2021 for AED 400,000 (AED 748 per sqft).
- Rented since November 2021 on 3 Ejari contracts, from AED 36,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2021 price is 13.8%, before a service charge of about AED 9,800 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 29 April 2025.
Questions about 206, Niloofar Tower
What did unit 206 last sell for?
AED 400,000 on 17 October 2021: AED 748 per sqft for 535 sqft. The unit has 3 registered sales; the first was AED 672,647 in February 2013.
What is the rent for unit 206?
AED 55,000 a year on the contract signed on 29 April 2025. The previous contract, from May 2024, was AED 50,000; the unit has been rented since November 2021.
How big is unit 206?
535 sqft (49.7 sqm): a studio on the 2nd floor of a 12-storey tower completed in 2017.
What is unit 206 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 206, Niloofar Tower
Starts from the last sale price (AED 400K, 17 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →