2-bed · 2,034 sqftRP Heights, Downtown Dubai · 30th floor · completed 2020

3001, RP Heights

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3001 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 3.6M16 July 2024
Current rentAED 215K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3001, RP Heights

What is 3001 worth today?

Last sold for AED 3,600,000 in 2024

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16 Jul 2024SoldReady
AED 3,600,000AED 1,770 per sqft
15 Mar 2024RentedNew contract
AED 215,000/yr12 months · AED 106 per sqft
1 May 2023SoldReady
AED 3,203,124AED 1,574 per sqft
15 Mar 2023RentedNew contract
AED 210,000/yr12 months · AED 103 per sqft
23 Jan 2023Sold by developerReady
AED 2,237,400AED 1,100 per sqft
7 Dec 2020RentedNew contract
AED 126,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
2-bed apartment
Size
2,034 sqft
Floor
30th of 49
Parking
P4-18
Developer
RP Global Developers
Completed
2020
Service charge
AED 33,100 /yr
Last sold
AED 3.6M · July 2024
Building
RP Heights

About 3001, RP Heights

3001 is a two-bedroom apartment of 2,034 sqft on the 30th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. It last sold on 16 July 2024 for AED 3,600,000, or AED 1,770 per sqft, 61% above the AED 1,100 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 March 2024, is AED 215,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 3001 over time

Sales
Unit 3001, 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, January 2023: AED 2,237,400 (AED 1,100 per sqft)Sold, May 2023: AED 3,203,124 (AED 1,574 per sqft)Sold, July 2024: AED 3,600,000 (AED 1,770 per sqft)

3001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3001, each contractTypical two-bed in RP Heights
150K200K2020202220242026Typical 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, December 2020: AED 126,000 a yearNew contract, March 2023: AED 210,000 a yearNew contract, March 2024: AED 215,000 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 3001 sits

All 123 2-beds →

3001 last sold in July 2024 at AED 1,770 per sqft, 61% above what two-beds in RP Heights were fetching at the time (AED 1,100). 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. 3001's AED 215,000 is in the lower half 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 30th floor

All 290 units in RP Heights
Value
30022-bedAED 2.6M · May 2021
30032-bedNo registered sale
30041-bedAED 1.85M · Oct 2024
30051-bedAED 1.37M · Nov 2019
30062-bedAED 3M · Sep 2023
30072-bedAED 2.02M · Nov 2023

3001, RP Heights in numbers

  • Sold 3 times: first on 23 January 2023 for AED 2,237,400, last on 16 July 2024 for AED 3,600,000 (AED 1,770 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 126,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 33,100 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 16 July 2024.

Questions about 3001, RP Heights

What did unit 3001 last sell for?

AED 3,600,000 on 16 July 2024: AED 1,770 per sqft for 2,034 sqft. The unit has 3 registered sales; the first was AED 2,237,400 in January 2023.

What is the rent for unit 3001?

AED 215,000 a year on the contract signed on 15 March 2024. The previous contract, from March 2023, was AED 210,000; the unit has been rented since December 2020.

How big is unit 3001?

2,034 sqft (189.0 sqm): a two-bedroom apartment on the 30th floor of a 49-storey tower completed in 2020.

What is unit 3001 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 3001, RP Heights

Starts from the last sale price (AED 3.6M, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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