406, Riah Tower
Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Riah Tower
What is 406 worth today?
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Source: Dubai Land Department. Updated 21 September 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,850 sqft
- Floor
- 4th of 16
- Parking
- B4-37, B4-38
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 25,700 /yr
- Last sold
- AED 1.6M · September 2022
- Building
- Riah Tower
About 406, Riah Tower
406 is a three-bedroom apartment of 1,850 sqft on the 4th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 21 September 2022 for AED 1,604,000, or AED 866 per sqft, 15% above the AED 753 three-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 August 2020, is AED 80,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 25,700 a year.
Sales and rents for 406 over time
406 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 406 sits
All 44 3-beds →406 last sold in September 2022 at AED 866 per sqft, 15% above what three-beds in Riah Tower were fetching at the time (AED 753). 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. 406's AED 80,000 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 4th floor
All 156 units in Riah Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,646 sqft | AED 1.23MAED 1,226,285 · Aug 2022August 2022 | 90,000 /yr | |
| 402 | Studio | 669 sqft | AED 820KAED 820,000 · Jan 2026January 2026 | 50,000 /yr | |
| 403 | 2-bed | 1,473 sqft | AED 1.39MAED 1,390,000 · Jan 2024January 2024 | 73,000 /yr | |
| 404 | 1-bed | 945 sqft | AED 900KAED 900,000 · Oct 2023October 2023 | 50,000 /yr | |
| 405 | 1-bed | 867 sqft | AED 910KAED 910,279 · Mar 2018March 2018 | ||
| 407 | 1-bed | 1,107 sqft | AED 886KAED 885,656 · Jul 2024July 2024 | 50,000 /yr | |
| 408 | 2-bed | 1,485 sqft | AED 1.34MAED 1,336,887 · Jan 2020January 2020 | ||
| 409 | 3-bed | 2,138 sqft | AED 1.59MAED 1,592,758 · Oct 2022October 2022 | 118,000 /yr | |
| 410 | 3-bed | 2,228 sqft | AED 1.57MAED 1,570,771 · May 2022May 2022 | 136,500 /yr |
406, Riah Tower in numbers
- Sold once: by Radiant Star Properties on 21 September 2022 for AED 1,604,000, or AED 866 per sqft.
- Rented since March 2019 on 3 Ejari contracts, from AED 110,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 25,700 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: Dubai Land Department. Updated 21 September 2022.
Questions about 406, Riah Tower
What did unit 406 last sell for?
AED 1,604,000 on 21 September 2022, sold by the developer: AED 866 per sqft for 1,850 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 80,000 a year on the contract signed on 15 August 2020. The previous contract, from June 2020, was AED 75,000; the unit has been rented since March 2019.
How big is unit 406?
1,850 sqft (171.9 sqm): a three-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.
What is unit 406 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 406, Riah Tower
Starts from the last sale price (AED 1.6M, 21 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,604,000
- Deposit, UAE resident (20%)
- AED 320,800
- Deposit, non-resident (40%)
- AED 641,600
- Monthly over 25 years at 3.7%
- AED 6,562
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →