1203, Riah Tower
Sold prices and rental history: sold once, by the developer in May 2018, 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 1203, Riah Tower
What is 1203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,419 sqft
- Floor
- 12th of 16
- Parking
- B2-20
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.84M · May 2018
- Building
- Riah Tower
About 1203, Riah Tower
1203 is a two-bedroom apartment of 1,419 sqft on the 12th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 13 May 2018 for AED 1,844,583, or AED 1,300 per sqft, 11% above the AED 1,171 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 13 May 2024, is AED 85,000 a year: a gross yield of 4.6% on the 2018 price, before the service charge of about AED 19,700 a year.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Riah Tower, and where 1203 sits
All 47 2-beds →1203 last sold in May 2018 at AED 1,300 per sqft, 11% above what two-beds in Riah Tower were fetching at the time (AED 1,171). Over the last 12 months two-beds sold for AED 1,600,000, around AED 972 per sqft, and rent for AED 100,000 to 127,500 a year. 1203's AED 85,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 1,646 sqft | 1,600,000 | 972 | ||
| 30 Jul 202530 July 2025 | 2,269 sqft | 2,020,000 | 890 | ||
| 24 Mar 202524 March 2025 | 1,646 sqft | 1,400,000 | 850 | ||
| 5 Feb 20255 February 2025 | 1,485 sqft | 1,325,000 | 892 |
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 12th floor
All 156 units in Riah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,646 sqft | AED 1.4MAED 1,400,000 · Jul 2024July 2024 | 180,000 /yr | |
| 1202 | Studio | 615 sqft | AED 650KAED 650,000 · Mar 2023March 2023 | 40,000 /yr | |
| 1204 | 1-bed | 945 sqft | AED 920KAED 920,000 · Jun 2024June 2024 | 30,000 /yr | |
| 1205 | 1-bed | 867 sqft | AED 800KAED 800,000 · Jan 2023January 2023 | 43,000 /yr | |
| 1206 | 1,850 sqft | AED 1.2MAED 1,196,225 · Feb 2018February 2018 | |||
| 1207 | 1-bed | 1,107 sqft | AED 1.24MAED 1,240,801 · Aug 2017August 2017 | 80,000 /yr | |
| 1208 | 2-bed | 1,485 sqft | AED 1.82MAED 1,819,620 · Aug 2017August 2017 | ||
| 1209 | 3-bed | 1,994 sqft | AED 2.46MAED 2,462,460 · Aug 2017August 2017 | 70,000 /yr | |
| 1210 | 3-bed | 2,078 sqft | AED 2.2MAED 2,200,000 · Sep 2024September 2024 | 183,500 /yr |
1203, Riah Tower in numbers
- Sold once: by Radiant Star Properties on 13 May 2018 for AED 1,844,583, or AED 1,300 per sqft.
- Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 40,000 in 2020 and recovered to AED 85,000 by May 2024.
- At AED 85,000 a year the gross yield on the 2018 price is 4.6%, before a service charge of about AED 19,700 a year (AED 13.90 per sqft).
- Two-beds in Riah Tower sold for AED 1,600,000–1,600,000 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 13 May 2024.
Questions about 1203, Riah Tower
What did unit 1203 last sell for?
AED 1,844,583 on 13 May 2018, sold by the developer: AED 1,300 per sqft for 1,419 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 85,000 a year on the contract signed on 13 May 2024. The previous contract, from August 2020, was AED 40,000; the unit has been rented since May 2018.
How big is unit 1203?
1,419 sqft (131.8 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2016.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Riah Tower sold for AED 1,600,000 to 1,600,000 in the last 12 months, around AED 972 per sqft.
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Mortgage on 1203, Riah Tower
Starts from the last sale price (AED 1.84M, 13 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,844,583
- Deposit, UAE resident (20%)
- AED 368,917
- Deposit, non-resident (40%)
- AED 737,833
- Monthly over 25 years at 3.7%
- AED 7,547
Plus AED 82,482 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →