2-bed · 2,035 sqftRP Heights, Downtown Dubai · 40th floor · completed 2020

4001, RP Heights

Sold prices and rental history: sold twice, last in October 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 4001 · DLD and Ejari recordsUpdated 7 October 2022
Last soldAED 3.05M7 October 2022
Current rentAED 134K /yr31 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, RP Heights

What is 4001 worth today?

Last sold for AED 3,052,500 in 2022

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7 Oct 2022SoldReady
AED 3,052,500AED 1,500 per sqft
5 Aug 2021Sold by developerReady
AED 2,238,172AED 1,099 per sqft
31 Jan 2021RentedNew contract
AED 133,602/yr14 months · AED 66 per sqft

Source: Dubai Land Department. Updated 7 October 2022.

Key facts

Type
2-bed apartment
Size
2,035 sqft
Floor
40th of 49
Parking
P4-44
Developer
RP Global Developers
Completed
2020
Service charge
AED 33,100 /yr
Last sold
AED 3.05M · October 2022
Building
RP Heights

About 4001, RP Heights

4001 is a two-bedroom apartment of 2,035 sqft on the 40th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. It last sold on 7 October 2022 for AED 3,052,500, or AED 1,500 per sqft, 20% above the AED 1,253 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 January 2021. The current contract, signed on 31 January 2021, is AED 133,602 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 33,100 a year.

Sales and rents for 4001 over time

Sales
Unit 4001, 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, August 2021: AED 2,238,172 (AED 1,099 per sqft)Sold, October 2022: AED 3,052,500 (AED 1,500 per sqft)

4001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4001, 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 133,602 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 4001 sits

All 123 2-beds →

4001 last sold in October 2022 at AED 1,500 per sqft, 20% above what two-beds in RP Heights were fetching at the time (AED 1,253). 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. 4001's AED 133,602 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 40th floor

All 290 units in RP Heights
Value
40022-bedAED 3.5M · Feb 2025
40032-bedAED 2.02M · Oct 2023
40043-bedAED 3.35M · Jan 2022
40053-bedAED 4.94M · Sep 2021

4001, RP Heights in numbers

  • Sold twice: first on 5 August 2021 for AED 2,238,172, last on 7 October 2022 for AED 3,052,500 (AED 1,500 per sqft).
  • Rented since January 2021 on one Ejari contract, at AED 133,602 a year.
  • At AED 133,602 a year the gross yield on the 2022 price is 4.4%, 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 7 October 2022.

Questions about 4001, RP Heights

What did unit 4001 last sell for?

AED 3,052,500 on 7 October 2022: AED 1,500 per sqft for 2,035 sqft. The unit has 2 registered sales; the first was AED 2,238,172 in August 2021.

What is the rent for unit 4001?

AED 133,602 a year on the contract signed on 31 January 2021.

How big is unit 4001?

2,035 sqft (189.1 sqm): a two-bedroom apartment on the 40th floor of a 49-storey tower completed in 2020.

What is unit 4001 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 4001, RP Heights

Starts from the last sale price (AED 3.05M, 7 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,052,500
Deposit, UAE resident (20%)
AED 610,500
Deposit, non-resident (40%)
AED 1,221,000
Monthly over 25 years at 3.7%
AED 12,489

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