808, Niloofar Tower
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 808, Niloofar Tower
What is 808 worth today?
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Source: Dubai Land Department. Updated 25 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 905 sqft
- Floor
- 8th of 12
- Parking
- B3-01
- Developer
- RMG
- Completed
- 2017
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.93M · January 2015
- Building
- Niloofar Tower
About 808, Niloofar Tower
808 is a one-bedroom apartment of 905 sqft on the 8th floor of Niloofar Tower, a 12-storey tower in Culture Village completed in 2017 by RMG. The developer sold it on 13 January 2015 for AED 1,934,658, or AED 2,138 per sqft, 139% above the AED 896 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 25 July 2022, is AED 50,000 a year: a gross yield of 2.6% on the 2015 price, before the service charge of about AED 16,600 a year.
Sales and rents for 808 over time
808 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 808 sits
All 46 1-beds →808 last sold in January 2015 at AED 2,138 per sqft, 139% above what one-beds in Niloofar Tower were fetching at the time (AED 896). 808's AED 50,000 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 8th floor
All 93 units in Niloofar Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 904 sqft | AED 750KAED 750,000 · Feb 2020February 2020 | 52,000 /yr | |
| 802 | 2-bed | 1,280 sqft | AED 800KAED 800,000 · Oct 2021October 2021 | 82,000 /yr | |
| 803 | Studio | 653 sqft | AED 901KAED 901,366 · Dec 2014December 2014 | 36,000 /yr | |
| 804 | 1-bed | 1,081 sqft | AED 1.57MAED 1,566,972 · Jul 2014July 2014 | 63,000 /yr | |
| 805 | 1-bed | 1,059 sqft | AED 1.12MAED 1,120,850 · Dec 2015December 2015 | 68,000 /yr | |
| 806 | Studio | 535 sqft | AED 430KAED 430,000 · Apr 2022April 2022 | 50,000 /yr | |
| 807 | 2-bed | 1,391 sqft | AED 1.47MAED 1,467,259 · Feb 2014February 2014 | 92,000 /yr |
808, Niloofar Tower in numbers
- Sold once: by RMG on 13 January 2015 for AED 1,934,658, or AED 2,138 per sqft.
- Rented since June 2018 on 4 Ejari contracts, from AED 65,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2015 price is 2.6%, before a service charge of about AED 16,600 a year (AED 18.38 per sqft).
Source: Dubai Land Department. Updated 25 July 2022.
Questions about 808, Niloofar Tower
What did unit 808 last sell for?
AED 1,934,658 on 13 January 2015, sold by the developer: AED 2,138 per sqft for 905 sqft. It is the only registered sale of the unit.
What is the rent for unit 808?
AED 50,000 a year on the contract signed on 25 July 2022. The previous contract, from June 2020, was AED 55,000; the unit has been rented since June 2018.
How big is unit 808?
905 sqft (84.1 sqm): a one-bedroom apartment on the 8th floor of a 12-storey tower completed in 2017.
What is unit 808 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 808, Niloofar Tower
Starts from the last sale price (AED 1.93M, 13 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,934,658
- Deposit, UAE resident (20%)
- AED 386,932
- Deposit, non-resident (40%)
- AED 773,863
- Monthly over 25 years at 3.7%
- AED 7,915
Plus AED 86,265 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →