Riah Towers in Culture Village - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Riah Towers

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	153	10,463	1,600,000
3	203	12,804	2,600,000

Rents in Riah Towers

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	103	825	85,000
2	146	704	102,500
3	223	673	150,000

The cap rate (rental yield) of investments into Riah Towers project is 6.0% on average.

The price of an apartment in Riah Towers is 11,798 AED/sqm on average.

The long term rent of an apartment in Riah Towers is 713 AED/sqm/year on average.

Price for completed 2 bedroom apartment in Riah Towers is 1,600,000 AED or 10,463 AED/sqm.
Price for completed 3 bedroom apartment in Riah Towers is 2,600,000 AED or 12,804 AED/sqm.

Rent for 1 bedroom apartment in Riah Towers is 85,000 AED or 825 AED/sqm.
Rent for 2 bedroom apartment in Riah Towers is 102,500 AED or 704 AED/sqm.
Rent for 3 bedroom apartment in Riah Towers is 150,000 AED or 673 AED/sqm.

About Riah Towers

'Riah Towers' in 'Culture Village' area project description

Riah Towers is a luxurious residential development located in Dubai, United Arab Emirates. The project is developed by the renowned real estate developer, Riah Group. The project is located in the heart of the city, offering a stunning view of the skyline and the Dubai Marina.

The project consists of two towers, one of which is a residential tower and the other a commercial tower. The residential tower is a 25-storey building, offering luxurious apartments with a range of amenities. The apartments feature modern designs and high-end finishes, with spacious balconies and terraces. The commercial tower is a 15-storey building, offering a range of retail and office spaces.

The project also features a range of amenities and facilities, including a swimming pool, gym, spa, sauna, steam room, and a children's play area. There is also a range of restaurants and cafes located within the development, offering a variety of cuisines.

The project is located in close proximity to a range of attractions and amenities, including the Dubai Marina, the Dubai Mall, and the Dubai International Airport. The project is also close to a range of public transportation options, making it easy to get around the city.

Riah Towers is a luxurious residential development, offering a range of amenities and facilities. The project is located in the heart of the city, offering a stunning view of the skyline and the Dubai Marina. The project is perfect for those looking for a luxurious lifestyle in the heart of the city.

Q&A on Riah Towers

What are the advantages of 'Riah Towers' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Riah Towers is located in the heart of Dubai, providing easy access to the city’s key business and leisure destinations.

2. Luxury Amenities: The project offers a range of luxurious amenities, including a fully-equipped gym, swimming pool, and spa.

3. High-Quality Construction: The project is built to the highest standards, with modern designs and high-quality materials.

4. Affordable Prices: Riah Towers offers competitive prices for luxury apartments, making it an attractive option for real estate buyers.

5. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to purchase apartments in installments.

6. Rental Potential: Riah Towers is a popular destination for tourists, making it a great option for investors looking to rent out their apartments.