Studio · 508 sqftRP Heights, Downtown Dubai · 6th floor · completed 2020

605, RP Heights

Sold prices and rental history: sold twice, last in May 2023, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 16 May 2023
Last soldAED 1.25M16 May 2023
Current rentAED 80K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, RP Heights

What is 605 worth today?

Last sold for AED 1,250,000 in 2023

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16 May 2023SoldReady
AED 1,250,000AED 2,459 per sqft
1 Apr 2022RentedNew contract
AED 80,000/yr12 months · AED 158 per sqft
14 Jul 2016Sold by developerOff-plan
AED 1,279,828AED 2,518 per sqft

Source: Dubai Land Department. Updated 16 May 2023.

Key facts

Type
Studio apartment
Size
508 sqft
Floor
6th of 49
Parking
B1-45
Developer
RP Global Developers
Completed
2020
Service charge
AED 8,300 /yr
Last sold
AED 1.25M · May 2023
Building
RP Heights

About 605, RP Heights

605 is a studio of 508 sqft on the 6th floor of RP Heights, a 49-storey tower in Downtown Dubai completed in 2020 by RP Global Developers. It last sold on 16 May 2023 for AED 1,250,000, or AED 2,459 per sqft.

One Ejari contract is registered, from 1 April 2022. The current contract, signed on 1 April 2022, is AED 80,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 8,300 a year.

Sales and rents for 605 over time

Rents
Unit 605, each contractTypical studio in RP Heights
40K60K80K2021202320252027Typical rent by year: 2021 AED 43,500; 2022 AED 80,000; 2023 AED 85,000; 2024 AED 70,000; 2025 AED 70,000; 2026 AED 66,000New contract, April 2022: AED 80,000 a year

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 605 sits

All 10 studios →

605's AED 80,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Apr 2021550,000
14 Apr 2021550,000
20 Nov 20161,063,828
25 Sep 2016885,828
0 studio 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 6th floor

All 290 units in RP Heights
Value
601StudioAED 1.06M · Nov 2016
602StudioAED 550K · Apr 2021
603StudioAED 550K · Apr 2021
604StudioAED 919K · Aug 2016
606StudioAED 831K · Feb 2016
607StudioAED 886K · Sep 2016
608StudioAED 886K · Aug 2016
1–7 of 13

605, RP Heights in numbers

  • Sold twice: first on 14 July 2016 for AED 1,279,828, last on 16 May 2023 for AED 1,250,000 (AED 2,459 per sqft).
  • Rented since April 2022 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 8,300 a year (AED 16.28 per sqft).

Source: Dubai Land Department. Updated 16 May 2023.

Questions about 605, RP Heights

What did unit 605 last sell for?

AED 1,250,000 on 16 May 2023: AED 2,459 per sqft for 508 sqft. The unit has 2 registered sales; the first was AED 1,279,828 in July 2016.

What is the rent for unit 605?

AED 80,000 a year on the contract signed on 1 April 2022.

How big is unit 605?

508 sqft (47.2 sqm): a studio on the 6th floor of a 49-storey tower completed in 2020.

What is unit 605 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 605, RP Heights

Starts from the last sale price (AED 1.25M, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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