601, RP Heights
Sold prices and rental history: sold once, by the developer in November 2016, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, RP Heights
What is 601 worth today?
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Source: Dubai Land Department. Updated 5 March 2021.
Key facts
- Type
- Studio apartment
- Size
- 428 sqft
- Floor
- 6th of 49
- Parking
- B1-43
- Developer
- RP Global Developers
- Completed
- 2020
- Service charge
- AED 7,000 /yr
- Last sold
- AED 1.06M · November 2016
- Building
- RP Heights
About 601, RP Heights
601 is a studio of 428 sqft on the 6th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. The developer sold it on 20 November 2016 for AED 1,063,828, or AED 2,485 per sqft, 3% above the AED 2,410 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 March 2021. The current contract, signed on 5 March 2021, is AED 42,000 a year: a gross yield of 4.0% on the 2016 price, before the service charge of about AED 7,000 a year.
Sales and rents for 601 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in RP Heights, and where 601 sits
All 10 studios →601 last sold in November 2016 at AED 2,485 per sqft, 3% above what studios in RP Heights were fetching at the time (AED 2,410). 601's AED 42,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 May 202316 May 2023 | 508 sqft | 1,250,000 | 2,459 | ||
| 14 Apr 202114 April 2021 | 390 sqft | 550,000 | 1,409 | ||
| 14 Apr 202114 April 2021 | 402 sqft | 550,000 | 1,369 | ||
| 25 Sep 201625 September 2016 | 367 sqft | 885,828 | 2,412 |
RP Heights
Building290 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%
Other units on the 6th floor
All 290 units in RP Heights| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | Studio | 390 sqft | AED 550KAED 550,000 · Apr 2021April 2021 | 58,000 /yr | |
| 603 | Studio | 402 sqft | AED 550KAED 550,000 · Apr 2021April 2021 | 70,000 /yr | |
| 604 | Studio | 378 sqft | AED 919KAED 918,828 · Aug 2016August 2016 | 62,000 /yr | |
| 605 | Studio | 508 sqft | AED 1.25MAED 1,250,000 · May 2023May 2023 | 80,000 /yr | |
| 606 | Studio | 363 sqft | AED 831KAED 830,828 · Feb 2016February 2016 | 66,000 /yr | |
| 607 | Studio | 367 sqft | AED 886KAED 885,828 · Sep 2016September 2016 | 72,000 /yr | |
| 608 | Studio | 368 sqft | AED 886KAED 885,828 · Aug 2016August 2016 | ||
| 609 | Studio | 361 sqft | AED 843KAED 842,828 · Jan 2016January 2016 | 70,000 /yr | |
| 610 | Studio | 381 sqft | AED 939KAED 938,828 · Aug 2016August 2016 | ||
| 611 | 1-bed | 1,081 sqft | AED 1.19MAED 1,188,885 · Aug 2021August 2021 | 130,000 /yr | |
| 612 | 1-bed | 951 sqft | No registered sale | 95,000 /yr | |
| 613 | 2-bed | 1,758 sqft | No registered sale | 177,000 /yr | |
| 614 | 2-bed | 1,786 sqft | No registered sale | 150,000 /yr |
601, RP Heights in numbers
- Sold once: by RP Global Developers on 20 November 2016 for AED 1,063,828, or AED 2,485 per sqft.
- Rented since March 2021 on one Ejari contract, at AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2016 price is 4.0%, before a service charge of about AED 7,000 a year (AED 16.28 per sqft).
Source: Dubai Land Department. Updated 5 March 2021.
Questions about 601, RP Heights
What did unit 601 last sell for?
AED 1,063,828 on 20 November 2016, sold by the developer: AED 2,485 per sqft for 428 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 42,000 a year on the contract signed on 5 March 2021.
How big is unit 601?
428 sqft (39.8 sqm): a studio on the 6th floor of a 49-storey tower completed in 2020.
What is unit 601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 601, RP Heights
Starts from the last sale price (AED 1.06M, 20 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,063,828
- Deposit, UAE resident (20%)
- AED 212,766
- Deposit, non-resident (40%)
- AED 425,531
- Monthly over 25 years at 3.7%
- AED 4,352
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →