1-bed · 1,106 sqftRiah Tower, Culture Village · 10th floor · completed 2016

1007, Riah Tower

Sold prices and rental history: sold twice, last in September 2023, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 19 September 2023
Last soldAED 900K19 September 2023
Current rentAED 65K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Riah Tower

What is 1007 worth today?

Last sold for AED 900,000 in 2023

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19 Sep 2023SoldReady
AED 900,000AED 813 per sqft
15 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
26 Nov 2018Sold by developerReady
AED 637,310AED 576 per sqft

Source: Dubai Land Department. Updated 19 September 2023.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
10th of 16
Parking
B3-66 1
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 15,400 /yr
Last sold
AED 900K · September 2023
Building
Riah Tower

About 1007, Riah Tower

1007 is a one-bedroom apartment of 1,106 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 19 September 2023 for AED 900,000, or AED 813 per sqft, 8% below the AED 886 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2022. The current contract, signed on 15 September 2022, is AED 65,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Riah Tower
600K800K1M2016201920222025Typical sale price by year: 2016 AED 793,411; 2017 AED 1,019,652; 2018 AED 1,050,980; 2019 AED 941,010; 2022 AED 797,743; 2023 AED 875,000; 2024 AED 905,000Sold by developer, November 2018: AED 637,310 (AED 576 per sqft)Sold, September 2023: AED 900,000 (AED 813 per sqft)

1007 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Riah Tower
60K80K20182020202220242026Typical rent by year: 2018 AED 69,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 51,000; 2023 AED 55,000; 2024 AED 66,958; 2025 AED 75,000New contract, September 2022: AED 65,000 a year

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 1007 sits

All 43 1-beds →

1007 last sold in September 2023 at AED 813 per sqft, 8% below what one-beds in Riah Tower were fetching at the time (AED 886). 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. 1007's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 20251,050,000
7 May 20251,130,000
15 Nov 20241,060,000
23 Oct 2024950,000
1 1-bed sale in the last 12 months

Riah Tower

Building

156 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%
Riah Tower, Culture Village: prices, sales and rents →

Other units on the 10th floor

All 156 units in Riah Tower
Value
10012-bedAED 1.27M · Jun 2022
1002AED 875K · Oct 2025
10032-bedAED 1.33M · Aug 2023
10041-bedAED 875K · Sep 2023
10051-bedAED 870K · Jul 2024
10063-bedAED 1.44M · Jan 2023
10082-bedAED 1.83M · Jun 2017
1–7 of 9

1007, Riah Tower in numbers

  • Sold twice: first on 26 November 2018 for AED 637,310, last on 19 September 2023 for AED 900,000 (AED 813 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 15,400 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: Dubai Land Department. Updated 19 September 2023.

Questions about 1007, Riah Tower

What did unit 1007 last sell for?

AED 900,000 on 19 September 2023: AED 813 per sqft for 1,106 sqft. The unit has 2 registered sales; the first was AED 637,310 in November 2018.

What is the rent for unit 1007?

AED 65,000 a year on the contract signed on 15 September 2022.

How big is unit 1007?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2016.

What is unit 1007 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 1007, Riah Tower

Starts from the last sale price (AED 900K, 19 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →