2-bed · 1,347 sqftTuria Riverside Residence, The Views · 1st floor · completed 2006

118, Turia Riverside Residence

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1.3M4 March 2022
Current rentAED 118K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Turia Riverside Residence

What is 118 worth today?

Last sold for AED 1,300,000 in 2022

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5 Aug 2024RentedNew contract
AED 118,277/yr12 months · AED 88 per sqft
5 Aug 2023RentedRenewal
AED 107,525/yr12 months · AED 80 per sqft
5 Aug 2022RentedNew contract
AED 97,750/yr12 months · AED 73 per sqft
4 Mar 2022SoldReady
AED 1,300,000AED 965 per sqft
5 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 63 per sqft
8 Oct 2020RentedRenewal
AED 100,000/yr6 months · AED 74 per sqft
8 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
25 Sep 2018RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
1st of 8
Parking
65
Developer
Emaar
Completed
2006
Service charge
AED 25,300 /yr
Last sold
AED 1.3M · March 2022

About 118, Turia Riverside Residence

118 is a two-bedroom apartment of 1,347 sqft on the 1st floor of Turia Riverside Residence, a 8-storey tower in The Views completed in 2006 by Emaar. It last sold on 4 March 2022 for AED 1,300,000, or AED 965 per sqft, 5% below the AED 1,013 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 5 August 2024, is AED 118,277 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 25,300 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Turia Riverside Residence
1M2M2008201320182023Typical sale price by year: 2008 AED 1,152,444; 2009 AED 1,069,888; 2010 AED 1,005,000; 2011 AED 1,000,000; 2012 AED 1,325,000; 2013 AED 1,690,000; 2014 AED 2,000,000; 2015 AED 1,687,500; 2016 AED 1,730,000; 2017 AED 1,750,000; 2018 AED 1,450,000; 2020 AED 1,237,500; 2021 AED 1,390,000; 2022 AED 1,465,000; 2023 AED 1,750,000; 2024 AED 2,220,000Sold by developer, January 2009: AED 1,000,000 (AED 742 per sqft)Sold, January 2009: AED 1,069,888 (AED 794 per sqft)Sold, March 2022: AED 1,300,000 (AED 965 per sqft)

118 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 118, each contractTypical two-bed in Turia Riverside Residence
100K150K2012201620202024Typical rent by year: 2012 AED 107,500; 2013 AED 122,000; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 140,000; 2017 AED 132,000; 2018 AED 117,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 105,000; 2023 AED 115,000; 2024 AED 139,172; 2025 AED 147,500; 2026 AED 150,000New contract, May 2017: AED 135,000 a yearNew contract, September 2018: AED 105,000 a yearNew contract, October 2019: AED 100,000 a yearRenewal, October 2020: AED 100,000 a yearNew contract, August 2021: AED 85,000 a yearNew contract, August 2022: AED 97,750 a yearRenewal, August 2023: AED 107,525 a yearNew contract, August 2024: AED 118,277 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 Turia Riverside Residence, and where 118 sits

All 77 2-beds →

118 last sold in March 2022 at AED 965 per sqft, 5% below what two-beds in Turia Riverside Residence were fetching at the time (AED 1,013). Over the last 12 months two-beds sold for AED 2,950,000, around AED 2,359 per sqft, and rent for AED 135,000 to 160,000 a year. 118's AED 118,277 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20262,950,000
20 May 20252,375,000
5 May 20252,680,000
12 Dec 20242,470,000
1 2-bed sale in the last 12 months

Turia Riverside Residence

Building

134 apartments, 1-bed to 3-bed over 8 floors in The Views, completed in 2006 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,969
Typical sale
AED 1.78M
Typical rent
AED 145K /yr
Typical yield
5.7%
Turia Riverside Residence, The Views: prices, sales and rents →

Other units on the 1st floor

All 134 units in Turia Riverside Residence
Value
1011-bedAED 800K · Feb 2021
1022-bedAED 1.5M · Jul 2023
1033-bedAED 1.88M · Dec 2008
1042-bedAED 1.38M · May 2021
1052-bedAED 950K · Mar 2018
1061-bedAED 850K · Apr 2021
1071-bedAED 945K · Aug 2012
1–7 of 25

118, Turia Riverside Residence in numbers

  • Sold 3 times: first on 27 January 2009 for AED 1,069,888, last on 4 March 2022 for AED 1,300,000 (AED 965 per sqft).
  • Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 85,000 in 2021 and recovered to AED 118,277 by August 2024.
  • At AED 118,277 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 25,300 a year (AED 18.76 per sqft).
  • Two-beds in Turia Riverside Residence sold for AED 2,950,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,969 per sqft.

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 118, Turia Riverside Residence

What did unit 118 last sell for?

AED 1,300,000 on 4 March 2022: AED 965 per sqft for 1,347 sqft. The unit has 3 registered sales; the first was AED 1,069,888 in January 2009.

What is the rent for unit 118?

AED 118,277 a year on the contract signed on 5 August 2024. The previous contract, from August 2023, was AED 107,525; the unit has been rented since May 2017.

How big is unit 118?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2006.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Turia Riverside Residence sold for AED 2,950,000 to 2,950,000 in the last 12 months, around AED 2,359 per sqft.

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Mortgage on 118, Turia Riverside Residence

Starts from the last sale price (AED 1.3M, 4 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →