1-bed · 463 sqftRP Heights, Downtown Dubai · 17th floor · completed 2020

1702, RP Heights

Sold prices and rental history: sold twice, last in January 2021, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 2 January 2023
Last soldAED 1.05M21 January 2021
Current rentAED 110K /yr2 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, RP Heights

What is 1702 worth today?

Last sold for AED 1,050,000 in 2021

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2 Jan 2023RentedNew contract
AED 110,000/yr12 months · AED 119 per sqft
21 Jan 2021SoldReady
AED 1,050,000AED 1,135 per sqft
1 Nov 2017Sold by developerOff-plan
AED 1,629,828AED 1,761 per sqft

Source: Dubai Land Department. Updated 2 January 2023.

Key facts

Type
1-bed apartment
Size
463 sqft
Floor
17th of 49
Parking
P2-16
Developer
RP Global Developers
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 1.05M · January 2021
Building
RP Heights

About 1702, RP Heights

1702 is a one-bedroom apartment of 463 sqft on the 17th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. It last sold on 21 January 2021 for AED 1,050,000, or AED 1,135 per sqft, 26% below the AED 1,535 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 January 2023. The current contract, signed on 2 January 2023, is AED 110,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical one-bed in RP Heights
1M1.5M2M20152018202120242027Typical 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, November 2017: AED 1,629,828 (AED 1,761 per sqft)Sold, January 2021: AED 1,050,000 (AED 1,135 per sqft)

1702 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1702, 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, January 2023: AED 110,000 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 1702 sits

All 141 1-beds →

1702 last sold in January 2021 at AED 1,135 per sqft, 26% below what one-beds in RP Heights were fetching at the time (AED 1,535). 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. 1702's AED 110,000 is in the lower half 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 17th floor

All 290 units in RP Heights
Value
17011-bedNo registered sale
17031-bedAED 2.04M · Oct 2022
17041-bedAED 1.69M · May 2024
17051-bedNo registered sale
17061-bedAED 1.9M · Dec 2023
17071-bedAED 1.23M · May 2021
17082-bedNo registered sale
1–7 of 8

1702, RP Heights in numbers

  • Sold twice: first on 1 November 2017 for AED 1,629,828, last on 21 January 2021 for AED 1,050,000 (AED 1,135 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 10.5%, before a service charge of about AED 7,500 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 2 January 2023.

Questions about 1702, RP Heights

What did unit 1702 last sell for?

AED 1,050,000 on 21 January 2021: AED 1,135 per sqft for 463 sqft. The unit has 2 registered sales; the first was AED 1,629,828 in November 2017.

What is the rent for unit 1702?

AED 110,000 a year on the contract signed on 2 January 2023.

How big is unit 1702?

463 sqft (43.0 sqm): a one-bedroom apartment on the 17th floor of a 49-storey tower completed in 2020.

What is unit 1702 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 1702, RP Heights

Starts from the last sale price (AED 1.05M, 21 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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