Studio · 669 sqftRiah Tower, Culture Village · 8th floor · completed 2016

802, Riah Tower

Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 870K29 March 2018
Current rentAED 68K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Riah Tower

What is 802 worth today?

Last sold for AED 869,674 in 2018

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15 Dec 2024RentedNew contract
AED 68,000/yr12 months · AED 102 per sqft
5 Jul 2020RentedNew contract
AED 38,000/yr12 months · AED 57 per sqft
19 Sep 2019RentedNew contract
AED 63,000/yr12 months · AED 94 per sqft
29 Mar 2018Sold by developerReady
AED 869,674AED 1,299 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2024.

Key facts

Type
Studio apartment
Size
669 sqft
Floor
8th of 16
Parking
B3-27
Developer
Radiant Star Properties
Completed
2016
Service charge
AED 9,300 /yr
Last sold
AED 870K · March 2018
Building
Riah Tower

About 802, Riah Tower

802 is a studio of 669 sqft on the 8th floor of Riah Tower, a 16-storey tower in Culture Village completed in 2016 by Radiant Star Properties. The developer sold it on 29 March 2018 for AED 869,674, or AED 1,299 per sqft, 31% above the AED 994 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 December 2024, is AED 68,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 9,300 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical studio in Riah Tower
600K800K2016201820202022Typical sale price by year: 2016 AED 722,486; 2018 AED 665,066; 2022 AED 535,000Sold by developer, March 2018: AED 869,674 (AED 1,299 per sqft)

802 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 802, each contractTypical studio in Riah Tower
40K60K20182020202220242026Typical rent by year: 2018 AED 55,000; 2019 AED 49,000; 2020 AED 38,000; 2021 AED 30,750; 2022 AED 39,000; 2025 AED 49,316New contract, September 2019: AED 63,000 a yearNew contract, July 2020: AED 38,000 a yearNew contract, December 2024: AED 68,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Riah Tower, and where 802 sits

All 14 studios →

802 last sold in March 2018 at AED 1,299 per sqft, 31% above what studios in Riah Tower were fetching at the time (AED 994). Over the last 12 months studios sold for AED 820,000, around AED 1,225 per sqft, and rent for AED 57,750 to 66,000 a year.

Recent studio salesUnit no.Price (AED)Summary
27 Jan 2026820,000
27 Jan 2025875,000
18 Sep 2024660,000
17 Oct 2023468,420
1 studio 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 8th floor

All 156 units in Riah Tower
Value
8012-bedAED 1.23M · Oct 2023
8032-bedAED 1.1M · Mar 2023
8041-bedAED 920K · Sep 2024
8051-bedAED 1.13M · Apr 2018
8063-bedAED 1.7M · Jun 2023
8071-bedAED 858K · Sep 2022
8082-bedAED 1.59M · Jun 2018
1–7 of 9

802, Riah Tower in numbers

  • Sold once: by Radiant Star Properties on 29 March 2018 for AED 869,674, or AED 1,299 per sqft.
  • Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 63,000 to AED 38,000 in 2020 and recovered to AED 68,000 by December 2024.
  • At AED 68,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 9,300 a year (AED 13.90 per sqft).
  • Studios in Riah Tower sold for AED 820,000–820,000 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 15 December 2024.

Questions about 802, Riah Tower

What did unit 802 last sell for?

AED 869,674 on 29 March 2018, sold by the developer: AED 1,299 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 68,000 a year on the contract signed on 15 December 2024. The previous contract, from July 2020, was AED 38,000; the unit has been rented since September 2019.

How big is unit 802?

669 sqft (62.2 sqm): a studio on the 8th floor of a 16-storey tower completed in 2016.

What is unit 802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Riah Tower sold for AED 820,000 to 820,000 in the last 12 months, around AED 1,225 per sqft.

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Mortgage on 802, Riah Tower

Starts from the last sale price (AED 870K, 29 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 869,674
Deposit, UAE resident (20%)
AED 173,935
Deposit, non-resident (40%)
AED 347,870
Monthly over 25 years at 3.7%
AED 3,558

Plus AED 41,536 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →