407, Riah Tower
Sold prices and rental history: sold once, by the developer in July 2024, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Riah Tower
What is 407 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,107 sqft
- Floor
- 4th of 16
- Parking
- B4-40
- Developer
- Radiant Star Properties
- Completed
- 2016
- Service charge
- AED 15,400 /yr
- Last sold
- AED 886K · July 2024
- Building
- Riah Tower
About 407, Riah Tower
407 is a one-bedroom apartment of 1,107 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 22 July 2024 for AED 885,656, or AED 799 per sqft, 14% below the AED 929 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 June 2022. The current contract, renewed on 15 June 2022, is AED 50,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 15,400 a year.
Sales and rents for 407 over time
407 has sold once; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 43 1-beds →407 last sold in July 2024 at AED 799 per sqft, 14% below what one-beds in Riah Tower were fetching at the time (AED 929). 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. 407's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202525 June 2025 | 945 sqft | 1,050,000 | 1,111 | ||
| 7 May 20257 May 2025 | 945 sqft | 1,130,000 | 1,196 | ||
| 15 Nov 202415 November 2024 | 1,107 sqft | 1,060,000 | 957 | ||
| 23 Oct 202423 October 2024 | 1,107 sqft | 950,000 | 858 |
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 | ||
| 406 | 3-bed | 1,850 sqft | AED 1.6MAED 1,604,000 · Sep 2022September 2022 | 80,000 /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 |
407, Riah Tower in numbers
- Sold once: by Radiant Star Properties on 22 July 2024 for AED 885,656, or AED 799 per sqft.
- Rented since June 2022 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 5.7%, 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 22 July 2024.
Questions about 407, Riah Tower
What did unit 407 last sell for?
AED 885,656 on 22 July 2024, sold by the developer: AED 799 per sqft for 1,107 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 50,000 a year on the contract renewed on 15 June 2022.
How big is unit 407?
1,107 sqft (102.8 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.
What is unit 407 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 407, Riah Tower
Starts from the last sale price (AED 886K, 22 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 885,656
- Deposit, UAE resident (20%)
- AED 177,131
- Deposit, non-resident (40%)
- AED 354,262
- Monthly over 25 years at 3.7%
- AED 3,623
Plus AED 42,207 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →