1-bed · 1,013 sqftRP Heights, Downtown Dubai · 25th floor · completed 2020

2504, RP Heights

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

Unit 2504 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 750K6 October 2021
Current rentAED 155K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, RP Heights

What is 2504 worth today?

Last sold for AED 750,000 in 2021

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14 Oct 2024RentedRenewal
AED 155,000/yr12 months · AED 153 per sqft
14 Oct 2023RentedNew contract
AED 155,000/yr12 months · AED 153 per sqft
6 Oct 2021SoldReady
AED 750,000AED 740 per sqft
4 Aug 2021Sold by developerReady
AED 1,114,409AED 1,099 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
1-bed apartment
Size
1,013 sqft
Floor
25th of 49
Parking
P4-01
Developer
RP Global Developers
Completed
2020
Service charge
AED 16,500 /yr
Last sold
AED 750K · October 2021
Building
RP Heights

About 2504, RP Heights

2504 is a one-bedroom apartment of 1,013 sqft on the 25th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. It last sold on 6 October 2021 for AED 750,000, or AED 740 per sqft, 33% below the AED 1,099 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 14 October 2024, is AED 155,000 a year: a gross yield of 20.7% on the 2021 price, before the service charge of about AED 16,500 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, each saleTypical one-bed in RP Heights
1M2M20152018202120242027Typical 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, August 2021: AED 1,114,409 (AED 1,099 per sqft)Sold, October 2021: AED 750,000 (AED 740 per sqft)

2504 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2504, each contractTypical one-bed in RP Heights
100K150K2020202220242026Typical 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, October 2023: AED 155,000 a yearRenewal, October 2024: AED 155,000 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 2504 sits

All 141 1-beds →

2504 last sold in October 2021 at AED 740 per sqft, 33% below 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. 2504's AED 155,000 is at the top 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 25th floor

All 290 units in RP Heights
Value
25012-bedAED 2.94M · Jul 2021
25022-bedAED 3.45M · May 2016
25032-bedNo registered sale
25051-bedAED 1.41M · Aug 2020
25062-bedAED 1.94M · Jan 2024
25072-bedNo registered sale

2504, RP Heights in numbers

  • Sold twice: first on 4 August 2021 for AED 1,114,409, last on 6 October 2021 for AED 750,000 (AED 740 per sqft).
  • Rented since October 2023 on 2 Ejari contracts, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2021 price is 20.7%, before a service charge of about AED 16,500 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 14 October 2024.

Questions about 2504, RP Heights

What did unit 2504 last sell for?

AED 750,000 on 6 October 2021: AED 740 per sqft for 1,013 sqft. The unit has 2 registered sales; the first was AED 1,114,409 in August 2021.

What is the rent for unit 2504?

AED 155,000 a year on the contract renewed on 14 October 2024. The previous contract, from October 2023, was AED 155,000.

How big is unit 2504?

1,013 sqft (94.1 sqm): a one-bedroom apartment on the 25th floor of a 49-storey tower completed in 2020.

What is unit 2504 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 2504, RP Heights

Starts from the last sale price (AED 750K, 6 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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