2-bed · 1,646 sqftRiah Tower, Culture Village · 14th floor · completed 2016

1401, Riah Tower

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 2 June 2019
Last soldAED 1.32M14 February 2018
Current rentAED 90K /yr2 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Riah Tower

What is 1401 worth today?

Last sold for AED 1,316,736 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Jun 2019RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
2 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
14 Feb 2018Sold by developerReady
AED 1,316,736AED 800 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 June 2019.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
14th of 16
Parking
B2-46
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 22,900 /yr
Last sold
AED 1.32M · February 2018
Building
Riah Tower

About 1401, Riah Tower

1401 is a two-bedroom apartment of 1,646 sqft on the 14th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 14 February 2018 for AED 1,316,736, or AED 800 per sqft, 32% below the AED 1,171 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 2 June 2019, is AED 90,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in Riah Tower
1.5M2016201920222025Typical sale price by year: 2016 AED 1,233,719; 2017 AED 1,772,521; 2018 AED 1,485,432; 2019 AED 1,271,199; 2020 AED 1,187,500; 2021 AED 1,316,824; 2022 AED 1,178,294; 2023 AED 1,308,408; 2024 AED 1,400,000; 2025 AED 1,555,000Sold by developer, February 2018: AED 1,316,736 (AED 800 per sqft)

1401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in Riah Tower
80K100K2018202120242027Typical rent by year: 2018 AED 95,000; 2019 AED 88,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 73,029; 2023 AED 85,000; 2024 AED 101,425; 2025 AED 110,000; 2026 AED 110,250New contract, June 2018: AED 95,000 a yearRenewal, June 2019: AED 90,000 a year

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 1401 sits

All 47 2-beds →

1401 last sold in February 2018 at AED 800 per sqft, 32% below 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. 1401's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Dec 20251,600,000
30 Jul 20252,020,000
24 Mar 20251,400,000
5 Feb 20251,325,000
1 2-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 14th floor

All 156 units in Riah Tower
Value
1402StudioAED 535K · Dec 2022
14032-bedAED 1.12M · Apr 2023
14041-bedAED 1.18M · Feb 2018
14051-bedAED 531K · Feb 2018
14063-bedAED 1.24M · Dec 2020
14071-bedAED 1.06M · Nov 2024
14082-bedAED 1.34M · May 2023
1–7 of 9

1401, Riah Tower in numbers

  • Sold once: by Radiant Star Properties on 14 February 2018 for AED 1,316,736, or AED 800 per sqft.
  • Rented since June 2018 on 2 Ejari contracts, from AED 95,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 22,900 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 2 June 2019.

Questions about 1401, Riah Tower

What did unit 1401 last sell for?

AED 1,316,736 on 14 February 2018, sold by the developer: AED 800 per sqft for 1,646 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 90,000 a year on the contract renewed on 2 June 2019. The previous contract, from June 2018, was AED 95,000.

How big is unit 1401?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2016.

What is unit 1401 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.

Selling 1401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1401, Riah Tower

Starts from the last sale price (AED 1.32M, 14 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,316,736
Deposit, UAE resident (20%)
AED 263,347
Deposit, non-resident (40%)
AED 526,694
Monthly over 25 years at 3.7%
AED 5,387

Plus AED 60,312 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →