1-bed · 1,107 sqftRiah Tower, Culture Village · 11th floor · completed 2016

1107, Riah Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 970K21 May 2024
Current rentAED 80K /yr2 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Riah Tower

What is 1107 worth today?

Last sold for AED 970,000 in 2024

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21 May 2024SoldReady
AED 970,000AED 876 per sqft
2 May 2024RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
7 Apr 2023RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
10 Mar 2019SoldReady
AED 941,010AED 849 per sqft
18 Dec 2016Sold by developerOff-plan
AED 930,601AED 840 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 May 2024.

Key facts

Type
1-bed apartment
Size
1,107 sqft
Floor
11th of 16
Parking
B2-08
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 15,400 /yr
Last sold
AED 970K · May 2024
Building
Riah Tower

About 1107, Riah Tower

1107 is a one-bedroom apartment of 1,107 sqft on the 11th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 21 May 2024 for AED 970,000, or AED 876 per sqft, 4% below the AED 913 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 2 May 2024, is AED 80,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1107 over time

Sales
Unit 1107, each saleTypical one-bed in Riah Tower
800K1M2016201920222025Typical 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, December 2016: AED 930,601 (AED 840 per sqft)Sold, March 2019: AED 941,010 (AED 849 per sqft)Sold, May 2024: AED 970,000 (AED 876 per sqft)

1107 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1107, 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, April 2023: AED 60,000 a yearNew contract, May 2024: AED 80,000 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 1107 sits

All 43 1-beds →

1107 last sold in May 2024 at AED 876 per sqft, 4% below what one-beds in Riah Tower were fetching at the time (AED 913). 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. 1107's AED 80,000 is in the upper half 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 11th floor

All 156 units in Riah Tower
Value
11012-bedAED 1.52M · Jun 2024
1102StudioAED 722K · Oct 2016
11032-bedAED 1.37M · Feb 2018
11041-bedAED 1.03M · Nov 2017
11051-bedAED 866K · Feb 2018
11063-bedAED 2.05M · Feb 2025
11082-bedAED 1.56M · Mar 2019
1–7 of 9

1107, Riah Tower in numbers

  • Sold 3 times: first on 18 December 2016 for AED 930,601, last on 21 May 2024 for AED 970,000 (AED 876 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 60,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.3%, 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: YallaValue analysis of Dubai Land Department records. Updated 21 May 2024.

Questions about 1107, Riah Tower

What did unit 1107 last sell for?

AED 970,000 on 21 May 2024: AED 876 per sqft for 1,107 sqft. The unit has 3 registered sales; the first was AED 930,601 in December 2016.

What is the rent for unit 1107?

AED 80,000 a year on the contract signed on 2 May 2024. The previous contract, from April 2023, was AED 60,000.

How big is unit 1107?

1,107 sqft (102.8 sqm): a one-bedroom apartment on the 11th floor of a 16-storey tower completed in 2016.

What is unit 1107 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 1107, Riah Tower

Starts from the last sale price (AED 970K, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

Plus AED 45,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →