1005, Riah Tower
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Riah Tower
What is 1005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 867 sqft
- Floor
- 10th of 16
- Parking
- B3-61
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 12,100 /yr
- Last sold
- AED 870K · July 2024
- Building
- Riah Tower
About 1005, Riah Tower
1005 is a one-bedroom apartment of 867 sqft on the 10th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 18 July 2024 for AED 870,000, or AED 1,003 per sqft, 7% above the AED 937 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 21 August 2024, is AED 69,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 12,100 a year.
Sales and rents for 1005 over time
1005 has sold twice; 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 Riah Tower, and where 1005 sits
All 43 1-beds →1005 last sold in July 2024 at AED 1,003 per sqft, 7% above what one-beds in Riah Tower were fetching at the time (AED 937). Over the last 12 months one-beds sold for AED 1,350,000, around AED 1,219 per sqft, and rent for AED 65,000 to 85,000 a year. 1005's AED 69,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202525 June 2025 | 945 sqft | 1,050,000 | 1,111 | ||
| 7 May 20257 May 2025 | 945 sqft | 1,130,000 | 1,196 | ||
| 15 Nov 202415 November 2024 | 1,107 sqft | 1,060,000 | 957 | ||
| 23 Oct 202423 October 2024 | 1,107 sqft | 950,000 | 858 |
Riah Tower
Building156 apartments, studios to 3-bed over 16 floors in Culture Village, completed in 2016 by Radiant Star Properties. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,137
- Typical sale
- AED 1.8M
- Typical rent
- AED 105K /yr
- Typical yield
- 6.2%
Other units on the 10th floor
All 156 units in Riah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,646 sqft | AED 1.27MAED 1,270,000 · Jun 2022June 2022 | 70,000 /yr | |
| 1002 | 669 sqft | AED 875KAED 875,000 · Oct 2025October 2025 | 60,000 /yr | ||
| 1003 | 2-bed | 1,473 sqft | AED 1.33MAED 1,325,000 · Aug 2023August 2023 | 110,000 /yr | |
| 1004 | 1-bed | 945 sqft | AED 875KAED 875,000 · Sep 2023September 2023 | 50,000 /yr | |
| 1006 | 3-bed | 1,851 sqft | AED 1.44MAED 1,435,000 · Jan 2023January 2023 | 120,750 /yr | |
| 1007 | 1-bed | 1,106 sqft | AED 900KAED 900,000 · Sep 2023September 2023 | 65,000 /yr | |
| 1008 | 2-bed | 1,485 sqft | AED 1.83MAED 1,834,784 · Jun 2017June 2017 | ||
| 1009 | 3-bed | 2,078 sqft | AED 1.9MAED 1,900,000 · Sep 2024September 2024 | 95,000 /yr | |
| 1010 | 3-bed | 2,173 sqft | AED 1.98MAED 1,980,000 · Jan 2024January 2024 | 84,000 /yr |
1005, Riah Tower in numbers
- Sold twice: first on 15 March 2018 for AED 563,506, last on 18 July 2024 for AED 870,000 (AED 1,003 per sqft).
- Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 64,000 to AED 44,000 in 2021 and recovered to AED 69,000 by August 2024.
- At AED 69,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 12,100 a year (AED 13.90 per sqft).
- One-beds in Riah Tower sold for AED 1,350,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,137 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.
Questions about 1005, Riah Tower
What did unit 1005 last sell for?
AED 870,000 on 18 July 2024: AED 1,003 per sqft for 867 sqft. The unit has 2 registered sales; the first was AED 563,506 in March 2018.
What is the rent for unit 1005?
AED 69,000 a year on the contract signed on 21 August 2024. The previous contract, from September 2021, was AED 44,000; the unit has been rented since March 2019.
How big is unit 1005?
867 sqft (80.5 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2016.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Riah Tower sold for AED 1,350,000 to 1,350,000 in the last 12 months, around AED 1,219 per sqft.
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Mortgage on 1005, Riah Tower
Starts from the last sale price (AED 870K, 18 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →