1-bed · 910 sqftRP Heights, Downtown Dubai · 14th floor · completed 2020

1404, RP Heights

Sold prices and rental history: sold twice, last in December 2023, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 2M19 December 2023
Current rentAED 65K /yr7 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, RP Heights

What is 1404 worth today?

Last sold for AED 2,000,000 in 2023

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19 Dec 2023SoldReady
AED 2,000,000AED 2,198 per sqft
7 Nov 2020RentedNew contract
AED 65,000/yr12 months · AED 71 per sqft
10 May 2016Sold by developerOff-plan
AED 1,795,828AED 1,973 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
1-bed apartment
Size
910 sqft
Floor
14th of 49
Parking
P1-09
Developer
RP Global Developers
Completed
2020
Service charge
AED 14,800 /yr
Last sold
AED 2M · December 2023
Building
RP Heights

About 1404, RP Heights

1404 is a one-bedroom apartment of 910 sqft on the 14th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. It last sold on 19 December 2023 for AED 2,000,000, or AED 2,198 per sqft, 37% above the AED 1,610 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 November 2020. The current contract, signed on 7 November 2020, is AED 65,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 14,800 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical one-bed in RP Heights
1.5M2M20152018202120242027Typical sale price by year: 2015 AED 1,617,828; 2016 AED 1,773,328; 2017 AED 1,666,828; 2019 AED 1,370,828; 2020 AED 1,424,328; 2021 AED 1,189,843; 2022 AED 1,437,500; 2023 AED 1,690,000; 2024 AED 1,700,000; 2025 AED 1,990,250; 2026 AED 2,025,000Sold by developer, May 2016: AED 1,795,828 (AED 1,973 per sqft)Sold, December 2023: AED 2,000,000 (AED 2,198 per sqft)

1404 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, each contractTypical one-bed in RP Heights
75K100K2020202220242026Typical rent by year: 2020 AED 68,000; 2021 AED 78,000; 2022 AED 85,000; 2023 AED 109,000; 2024 AED 115,000; 2025 AED 115,500; 2026 AED 110,000New contract, November 2020: AED 65,000 a year

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

1-beds in RP Heights, and where 1404 sits

All 141 1-beds →

1404 last sold in December 2023 at AED 2,198 per sqft, 37% above what one-beds in RP Heights were fetching at the time (AED 1,610). Over the last 12 months one-beds sold for AED 1,900,000 to 2,150,000, around AED 1,792 per sqft, and rent for AED 85,000 to 140,000 a year. 1404's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,900,000
18 Aug 20262,000,000
6 Jul 20262,100,000
29 Apr 20262,150,000
7 1-bed sales in the last 12 months

RP Heights

Building

290 apartments, studios to 6-bed over 49 floors in Downtown Dubai, completed in 2020 by RP Global Developers. 11 sold in the last 12 months.

Typical price per sqft
AED 1,835 Down 3.1%
Typical sale
AED 2.1M
Typical rent
AED 130K /yr
Typical yield
5.5%
RP Heights, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 290 units in RP Heights
Value
14011-bedNo registered sale
14021-bedAED 1.55M · Jan 2024
14031-bedNo registered sale
14051-bedNo registered sale
14061-bedNo registered sale
14071-bedAED 1.82M · Jan 2017
14082-bedNo registered sale
1–7 of 8

1404, RP Heights in numbers

  • Sold twice: first on 10 May 2016 for AED 1,795,828, last on 19 December 2023 for AED 2,000,000 (AED 2,198 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 14,800 a year (AED 16.28 per sqft).
  • One-beds in RP Heights sold for AED 1,900,000–2,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,835 per sqft.

Source: Dubai Land Department. Updated 19 December 2023.

Questions about 1404, RP Heights

What did unit 1404 last sell for?

AED 2,000,000 on 19 December 2023: AED 2,198 per sqft for 910 sqft. The unit has 2 registered sales; the first was AED 1,795,828 in May 2016.

What is the rent for unit 1404?

AED 65,000 a year on the contract signed on 7 November 2020.

How big is unit 1404?

910 sqft (84.5 sqm): a one-bedroom apartment on the 14th floor of a 49-storey tower completed in 2020.

What is unit 1404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in RP Heights sold for AED 1,900,000 to 2,150,000 in the last 12 months, around AED 1,792 per sqft.

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Mortgage on 1404, RP Heights

Starts from the last sale price (AED 2M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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