603, Niloofar Tower
Sold prices and rental history: sold twice, last in February 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Niloofar Tower
What is 603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 653 sqft
- Floor
- 6th of 12
- Parking
- B3-21
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 12,000 /yr
- Last sold
- AED 594K · February 2016
- Building
- Niloofar Tower
About 603, Niloofar Tower
603 is a studio of 653 sqft on the 6th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. It last sold on 16 February 2016 for AED 594,000, or AED 908 per sqft, 26% below the AED 1,228 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 17 September 2025, is AED 47,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 12,000 a year.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 24 studios →603 last sold in February 2016 at AED 908 per sqft, 26% below what studios in Niloofar Tower were fetching at the time (AED 1,228).
| 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 6th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 919 sqft | AED 827KAED 827,181 · Mar 2016March 2016 | 62,000 /yr | |
| 602 | 2-bed | 1,280 sqft | AED 1.71MAED 1,713,600 · Nov 2014November 2014 | 85,000 /yr | |
| 604 | 1-bed | 1,081 sqft | AED 1.44MAED 1,435,594 · Nov 2014November 2014 | 62,000 /yr | |
| 605 | 1-bed | 1,059 sqft | AED 1.41MAED 1,412,271 · Nov 2014November 2014 | 56,000 /yr | |
| 606 | Studio | 535 sqft | AED 630KAED 630,000 · May 2014May 2014 | 36,000 /yr | |
| 607 | 2-bed | 1,391 sqft | AED 1.26MAED 1,260,000 · Jul 2013July 2013 | ||
| 608 | 1-bed | 920 sqft | AED 1.22MAED 1,218,735 · Jan 2015January 2015 | 56,000 /yr |
603, Niloofar Tower in numbers
- Sold twice: first on 6 December 2015 for AED 715,370, last on 16 February 2016 for AED 594,000 (AED 908 per sqft).
- Rented since August 2021 on 3 Ejari contracts, from AED 31,500 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 12,000 a year (AED 18.38 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2025.
Questions about 603, Niloofar Tower
What did unit 603 last sell for?
AED 594,000 on 16 February 2016: AED 908 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 715,370 in December 2015.
What is the rent for unit 603?
AED 47,000 a year on the contract signed on 17 September 2025. The previous contract, from August 2022, was AED 31,500; the unit has been rented since August 2021.
How big is unit 603?
653 sqft (60.7 sqm): a studio on the 6th floor of a 12-storey tower completed in 2017.
What is unit 603 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 603, Niloofar Tower
Starts from the last sale price (AED 594K, 16 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 594,000
- Deposit, UAE resident (20%)
- AED 118,800
- Deposit, non-resident (40%)
- AED 237,600
- Monthly over 25 years at 3.7%
- AED 2,430
Plus AED 29,958 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →