2-bed · 2,021 sqftRP Heights, Downtown Dubai · 34th floor · completed 2020

3401, RP Heights

Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 3.13M30 May 2023
Current rentAED 113K /yr3 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, RP Heights

What is 3401 worth today?

Last sold for AED 3,131,760 in 2023

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30 May 2023SoldReady
AED 3,131,760AED 1,549 per sqft
3 Mar 2022RentedNew contract
AED 113,143/yr14 months · AED 56 per sqft
24 Feb 2022SoldReady
AED 2,532,570AED 1,253 per sqft
18 Oct 2021Sold by developerReady
AED 2,221,622AED 1,099 per sqft
3 Jan 2021RentedNew contract
AED 132,000/yr14 months · AED 65 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
2-bed apartment
Size
2,021 sqft
Floor
34th of 49
Parking
P4-27
Developer
RP Global Developers
Completed
2020
Service charge
AED 32,900 /yr
Last sold
AED 3.13M · May 2023
Building
RP Heights

About 3401, RP Heights

3401 is a two-bedroom apartment of 2,021 sqft on the 34th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. It last sold on 30 May 2023 for AED 3,131,760, or AED 1,549 per sqft, 5% above the AED 1,482 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 3 March 2022, is AED 113,143 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 32,900 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, 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 2,221,622 (AED 1,099 per sqft)Sold, February 2022: AED 2,532,570 (AED 1,253 per sqft)Sold, May 2023: AED 3,131,760 (AED 1,549 per sqft)

3401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, 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 132,000 a yearNew contract, March 2022: AED 113,143 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 3401 sits

All 123 2-beds →

3401 last sold in May 2023 at AED 1,549 per sqft, 5% above what two-beds in RP Heights were fetching at the time (AED 1,482). 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. 3401's AED 113,143 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 34th floor

All 290 units in RP Heights
Value
34022-bedAED 2.8M · Sep 2015
34032-bedNo registered sale
34041-bedAED 1.63M · Aug 2022
34051-bedAED 1.42M · Jun 2021
34062-bedAED 1.96M · Aug 2021
34072-bedAED 2.02M · Nov 2023

3401, RP Heights in numbers

  • Sold 3 times: first on 18 October 2021 for AED 2,221,622, last on 30 May 2023 for AED 3,131,760 (AED 1,549 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, from AED 132,000 to AED 113,143 a year.
  • At AED 113,143 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 32,900 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 30 May 2023.

Questions about 3401, RP Heights

What did unit 3401 last sell for?

AED 3,131,760 on 30 May 2023: AED 1,549 per sqft for 2,021 sqft. The unit has 3 registered sales; the first was AED 2,221,622 in October 2021.

What is the rent for unit 3401?

AED 113,143 a year on the contract signed on 3 March 2022. The previous contract, from January 2021, was AED 132,000.

How big is unit 3401?

2,021 sqft (187.8 sqm): a two-bedroom apartment on the 34th floor of a 49-storey tower completed in 2020.

What is unit 3401 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 3401, RP Heights

Starts from the last sale price (AED 3.13M, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,131,760
Deposit, UAE resident (20%)
AED 626,352
Deposit, non-resident (40%)
AED 1,252,704
Monthly over 25 years at 3.7%
AED 12,813

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