1-bed · 909 sqftRP Heights, Downtown Dubai · 18th floor · completed 2020

1804, RP Heights

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

Unit 1804 · DLD and Ejari recordsUpdated 9 March 2023
Last soldAED 1.5M28 December 2021
Current rentAED 110K /yr9 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, RP Heights

What is 1804 worth today?

Last sold for AED 1,500,000 in 2021

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9 Mar 2023RentedNew contract
AED 110,000/yr12 months · AED 122 per sqft
28 Dec 2021Sold by developerReady
AED 1,500,000AED 1,649 per sqft

Source: Dubai Land Department. Updated 9 March 2023.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
18th of 49
Parking
P2-20
Developer
RP Global Developers
Completed
2020
Service charge
AED 14,800 /yr
Last sold
AED 1.5M · December 2021
Building
RP Heights

About 1804, RP Heights

1804 is a one-bedroom apartment of 909 sqft on the 18th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. The developer sold it on 28 December 2021 for AED 1,500,000, or AED 1,649 per sqft, 50% above the AED 1,099 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 March 2023. The current contract, signed on 9 March 2023, is AED 110,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 14,800 a year.

Sales and rents for 1804 over time

Sales
Unit 1804, 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, December 2021: AED 1,500,000 (AED 1,649 per sqft)

1804 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1804, 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, March 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 1804 sits

All 141 1-beds →

1804 last sold in December 2021 at AED 1,649 per sqft, 50% above what one-beds in RP Heights were fetching at the time (AED 1,099). 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. 1804'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 18th floor

All 290 units in RP Heights
Value
18011-bedAED 1.23M · Aug 2021
18051-bedNo registered sale
18061-bedAED 2M · Apr 2023
18071-bedAED 1.43M · Jun 2023
18082-bedNo registered sale
18092-bedNo registered sale

1804, RP Heights in numbers

  • Sold once: by RP Global Developers on 28 December 2021 for AED 1,500,000, or AED 1,649 per sqft.
  • Rented since March 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 7.3%, 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 9 March 2023.

Questions about 1804, RP Heights

What did unit 1804 last sell for?

AED 1,500,000 on 28 December 2021, sold by the developer: AED 1,649 per sqft for 909 sqft. It is the only registered sale of the unit.

What is the rent for unit 1804?

AED 110,000 a year on the contract signed on 9 March 2023.

How big is unit 1804?

909 sqft (84.4 sqm): a one-bedroom apartment on the 18th floor of a 49-storey tower completed in 2020.

What is unit 1804 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 1804, RP Heights

Starts from the last sale price (AED 1.5M, 28 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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