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2-bed · 1,758 sqftRP Heights, Downtown Dubai · 27th floor · completed 2020

2702, RP Heights

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 8 May 2023
Last soldAED 2.76M13 October 2015
Current rentAED 124K /yr8 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2702, RP Heights

What is 2702 worth today?

Last sold for AED 2,760,828 in 2015

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8 May 2023RentedNew contract
AED 123,680/yr12 months · AED 70 per sqft
1 May 2022RentedRenewal
AED 115,500/yr12 months · AED 66 per sqft
1 May 2021RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft
13 Oct 2015Sold by developerOff-plan
AED 2,760,828AED 1,570 per sqft

Source: Dubai Land Department. Updated 8 May 2023.

Key facts

Type
2-bed apartment
Size
1,758 sqft
Floor
27th of 49
Parking
P4-04
Developer
RP Global Developers
Completed
2020
Service charge
AED 28,600 /yr
Last sold
AED 2.76M · October 2015
Building
RP Heights

About 2702, RP Heights

2702 is a two-bedroom apartment of 1,758 sqft on the 27th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. The developer sold it on 13 October 2015 for AED 2,760,828, or AED 1,570 per sqft, in line with the AED 1,610 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 8 May 2023, is AED 123,680 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, each saleTypical two-bed in RP Heights
2M3M2015201820212024Typical sale price by year: 2015 AED 3,059,990; 2016 AED 3,397,328; 2021 AED 2,238,172; 2022 AED 2,564,502; 2023 AED 2,022,900; 2024 AED 3,233,460; 2025 AED 3,585,000Sold by developer, October 2015: AED 2,760,828 (AED 1,570 per sqft)

2702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2702, each contractTypical two-bed in RP Heights
100K150K2020202220242026Typical rent by year: 2020 AED 120,000; 2021 AED 117,750; 2022 AED 126,000; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 170,000New contract, May 2021: AED 105,000 a yearRenewal, May 2022: AED 115,500 a yearNew contract, May 2023: AED 123,680 a year

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

2-beds in RP Heights, and where 2702 sits

All 123 2-beds →

2702 last sold in October 2015 at AED 1,570 per sqft, in line with what two-beds in RP Heights were fetching at the time (AED 1,610). Over the last 12 months two-beds sold for AED 4,100,000 to 4,325,000, around AED 2,068 per sqft, and rent for AED 145,000 to 325,000 a year. 2702's AED 123,680 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Aug 20264,100,000
6 May 20264,325,000
9 Oct 20253,473,539
15 Jul 20254,450,000
2 2-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 27th floor

All 290 units in RP Heights
Value
27012-bedAED 3.28M · Sep 2015
27032-bedNo registered sale
27041-bedAED 1.54M · Jun 2021
27051-bedAED 1.75M · Jun 2025
27062-bedAED 1.93M · Oct 2023
27072-bedAED 2.01M · Oct 2023

2702, RP Heights in numbers

  • Sold once: by RP Global Developers on 13 October 2015 for AED 2,760,828, or AED 1,570 per sqft.
  • Rented since May 2021 on 3 Ejari contracts, from AED 105,000 to AED 123,680 a year.
  • At AED 123,680 a year the gross yield on the 2015 price is 4.5%, before a service charge of about AED 28,600 a year (AED 16.28 per sqft).
  • Two-beds in RP Heights sold for AED 4,100,000–4,325,000 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 8 May 2023.

Questions about 2702, RP Heights

What did unit 2702 last sell for?

AED 2,760,828 on 13 October 2015, sold by the developer: AED 1,570 per sqft for 1,758 sqft. It is the only registered sale of the unit.

What is the rent for unit 2702?

AED 123,680 a year on the contract signed on 8 May 2023. The previous contract, from May 2022, was AED 115,500; the unit has been rented since May 2021.

How big is unit 2702?

1,758 sqft (163.3 sqm): a two-bedroom apartment on the 27th floor of a 49-storey tower completed in 2020.

What is unit 2702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in RP Heights sold for AED 4,100,000 to 4,325,000 in the last 12 months, around AED 2,068 per sqft.

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Mortgage on 2702, RP Heights

Starts from the last sale price (AED 2.76M, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,760,828
Deposit, UAE resident (20%)
AED 552,166
Deposit, non-resident (40%)
AED 1,104,331
Monthly over 25 years at 3.7%
AED 11,295

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