2-bed · 2,032 sqftRP Heights, Downtown Dubai · 31st floor · completed 2020

3101, RP Heights

Sold prices and rental history: sold twice, last in May 2022, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 10 May 2022
Last soldAED 2.65M10 May 2022
Current rentAED 127K /yr10 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, RP Heights

What is 3101 worth today?

Last sold for AED 2,650,000 in 2022

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10 May 2022SoldReady
AED 2,650,000AED 1,304 per sqft
18 Oct 2021Sold by developerReady
AED 2,235,212AED 1,099 per sqft
10 Jan 2021RentedNew contract
AED 127,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 10 May 2022.

Key facts

Type
2-bed apartment
Size
2,032 sqft
Floor
31st of 49
Parking
P4-21
Developer
RP Global Developers
Completed
2020
Service charge
AED 33,100 /yr
Last sold
AED 2.65M · May 2022
Building
RP Heights

About 3101, RP Heights

3101 is a two-bedroom apartment of 2,032 sqft on the 31st floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. It last sold on 10 May 2022 for AED 2,650,000, or AED 1,304 per sqft, 19% above the AED 1,099 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 January 2021. The current contract, signed on 10 January 2021, is AED 127,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 33,100 a year.

Sales and rents for 3101 over time

Sales
Unit 3101, 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 2021: AED 2,235,212 (AED 1,099 per sqft)Sold, May 2022: AED 2,650,000 (AED 1,304 per sqft)

3101 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3101, each contractTypical two-bed in RP Heights
150K2020202220242026Typical 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, January 2021: AED 127,000 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 3101 sits

All 123 2-beds →

3101 last sold in May 2022 at AED 1,304 per sqft, 19% above what two-beds in RP Heights were fetching at the time (AED 1,099). 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. 3101's AED 127,000 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 31st floor

All 290 units in RP Heights
Value
31022-bedAED 1.93M · Jan 2023
31032-bedNo registered sale
31041-bedAED 1.7M · Nov 2023
31051-bedAED 1.37M · Jul 2020
31062-bedAED 2.5M · Jan 2022
31072-bedAED 2.02M · Oct 2023

3101, RP Heights in numbers

  • Sold twice: first on 18 October 2021 for AED 2,235,212, last on 10 May 2022 for AED 2,650,000 (AED 1,304 per sqft).
  • Rented since January 2021 on one Ejari contract, at AED 127,000 a year.
  • At AED 127,000 a year the gross yield on the 2022 price is 4.8%, 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 10 May 2022.

Questions about 3101, RP Heights

What did unit 3101 last sell for?

AED 2,650,000 on 10 May 2022: AED 1,304 per sqft for 2,032 sqft. The unit has 2 registered sales; the first was AED 2,235,212 in October 2021.

What is the rent for unit 3101?

AED 127,000 a year on the contract signed on 10 January 2021.

How big is unit 3101?

2,032 sqft (188.8 sqm): a two-bedroom apartment on the 31st floor of a 49-storey tower completed in 2020.

What is unit 3101 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 3101, RP Heights

Starts from the last sale price (AED 2.65M, 10 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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