1-bed · 1,317 sqftRP Heights, Downtown Dubai · 17th floor · completed 2020

1703, RP Heights

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 2.04M28 October 2022
Current rentAED 130K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, RP Heights

What is 1703 worth today?

Last sold for AED 2,041,350 in 2022

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1 Feb 2025RentedRenewal
AED 130,000/yr12 months · AED 99 per sqft
1 Feb 2024RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft
28 Oct 2022Sold by developerReady
AED 2,041,350AED 1,550 per sqft
21 Aug 2021RentedNew contract
AED 88,250/yr14 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
1,317 sqft
Floor
17th of 49
Parking
P2-14
Developer
RP Global Developers
Completed
2020
Service charge
AED 21,400 /yr
Last sold
AED 2.04M · October 2022
Building
RP Heights

About 1703, RP Heights

1703 is a one-bedroom apartment of 1,317 sqft on the 17th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. The developer sold it on 28 October 2022 for AED 2,041,350, or AED 1,550 per sqft, 10% above the AED 1,403 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 130,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 21,400 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, October 2022: AED 2,041,350 (AED 1,550 per sqft)

1703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1703, each contractTypical one-bed in RP Heights
100K2020202220242026Typical 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, August 2021: AED 88,250 a yearNew contract, February 2024: AED 130,000 a yearRenewal, February 2025: AED 130,000 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 1703 sits

All 141 1-beds →

1703 last sold in October 2022 at AED 1,550 per sqft, 10% above what one-beds in RP Heights were fetching at the time (AED 1,403). 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. 1703's AED 130,000 is in the upper 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
17021-bedAED 1.05M · Jan 2021
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

1703, RP Heights in numbers

  • Sold once: by RP Global Developers on 28 October 2022 for AED 2,041,350, or AED 1,550 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 88,250 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 6.4%, before a service charge of about AED 21,400 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 1 February 2025.

Questions about 1703, RP Heights

What did unit 1703 last sell for?

AED 2,041,350 on 28 October 2022, sold by the developer: AED 1,550 per sqft for 1,317 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 130,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 130,000; the unit has been rented since August 2021.

How big is unit 1703?

1,317 sqft (122.4 sqm): a one-bedroom apartment on the 17th floor of a 49-storey tower completed in 2020.

What is unit 1703 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 1703, RP Heights

Starts from the last sale price (AED 2.04M, 28 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,041,350
Deposit, UAE resident (20%)
AED 408,270
Deposit, non-resident (40%)
AED 816,540
Monthly over 25 years at 3.7%
AED 8,352

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