1601, Riah Tower
Sold prices and rental history: sold twice, last in September 2022, 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 1601, Riah Tower
What is 1601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 5,062 sqft
- Floor
- 16th of 16
- Parking
- B1-08
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 70,400 /yr
- Last sold
- AED 2.2M · September 2022
- Building
- Riah Tower
About 1601, Riah Tower
1601 is a three-bedroom apartment of 5,062 sqft on the 16th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. It last sold on 6 September 2022 for AED 2,200,000, or AED 434 per sqft, 42% below the AED 745 three-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 9 September 2022, is AED 45,000 a year: a gross yield of 2.1% on the 2022 price, before the service charge of about AED 70,400 a year.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Riah Tower, and where 1601 sits
All 44 3-beds →1601 last sold in September 2022 at AED 434 per sqft, 42% below what three-beds in Riah Tower were fetching at the time (AED 745). Over the last 12 months three-beds sold for AED 2,000,000 to 2,600,000, around AED 1,085 per sqft, and rent for AED 118,000 to 150,000 a year. 1601's AED 45,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20258 May 2025 | 2,091 sqft | 2,340,000 | 1,119 | ||
| 22 Apr 202522 April 2025 | 2,228 sqft | 2,300,000 | 1,032 | ||
| 12 Feb 202512 February 2025 | 3,115 sqft | 2,750,000 | 882 | ||
| 11 Feb 202511 February 2025 | 1,850 sqft | 2,050,000 | 1,107 |
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 16th floor
All 156 units in Riah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 2,269 sqft | AED 2.02MAED 2,020,000 · Jul 2025July 2025 | 95,000 /yr | |
| 1603 | 2-bed | 3,072 sqft | AED 1.87MAED 1,870,000 · Aug 2021August 2021 | 10,000 /yr | |
| 1604 | 3-bed | 3,115 sqft | AED 2.75MAED 2,750,000 · Feb 2025February 2025 | 277,021 /yr | |
| 1605 | 3-bed | 4,236 sqft | AED 2.4MAED 2,400,000 · Mar 2023March 2023 | 114,388 /yr | |
| 1606 | 3-bed | 4,756 sqft | AED 3.57MAED 3,566,865 · Sep 2024September 2024 | 100,000 /yr |
1601, Riah Tower in numbers
- Sold twice: first on 9 April 2018 for AED 2,970,310, last on 6 September 2022 for AED 2,200,000 (AED 434 per sqft).
- Rented since March 2018 on 5 Ejari contracts, from AED 210,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2022 price is 2.1%, before a service charge of about AED 70,400 a year (AED 13.90 per sqft).
- Three-beds in Riah Tower sold for AED 2,000,000–2,600,000 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 9 September 2022.
Questions about 1601, Riah Tower
What did unit 1601 last sell for?
AED 2,200,000 on 6 September 2022: AED 434 per sqft for 5,062 sqft. The unit has 2 registered sales; the first was AED 2,970,310 in April 2018.
What is the rent for unit 1601?
AED 45,000 a year on the contract signed on 9 September 2022. The previous contract, from May 2021, was AED 100,000; the unit has been rented since March 2018.
How big is unit 1601?
5,062 sqft (470.3 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2016.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Riah Tower sold for AED 2,000,000 to 2,600,000 in the last 12 months, around AED 1,085 per sqft.
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Mortgage on 1601, Riah Tower
Starts from the last sale price (AED 2.2M, 6 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →