3-bed · 1,812 sqftEmaar Tower 2, Rigga Al Butten · 10th floor

1001, Emaar Tower 2

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 15 March 2019
Last soldAED 1.37M11 November 2013
Current rentAED 135K /yr15 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Emaar Tower 2

What is 1001 worth today?

Last sold for AED 1,368,800 in 2013

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15 Mar 2019RentedRenewal
AED 135,000/yr12 months · AED 75 per sqft
15 Mar 2018RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
15 Mar 2017RentedNew contract
AED 145,000/yr12 months · AED 80 per sqft
28 Oct 2014RentedNew contract
AED 165,000/yr12 months · AED 91 per sqft
11 Nov 2013Sold by developerReady · flagged as an outlier
AED 1,368,800AED 755 per sqft

Source: Dubai Land Department. Updated 15 March 2019.

Key facts

Type
3-bed apartment
Size
1,812 sqft
Floor
10th of 16
Parking
L3/ 64&65
Service charge
AED 32,500 /yr
Last sold
AED 1.37M · November 2013

About 1001, Emaar Tower 2

1001 is a three-bedroom apartment of 1,812 sqft on the 10th floor of Emaar Tower 2, a 16-storey tower in Rigga Al Butten. The developer sold it on 11 November 2013 for AED 1,368,800, or AED 755 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 15 March 2019, is AED 135,000 a year: a gross yield of 9.9% on the 2013 price, before the service charge of about AED 32,500 a year.

Sales and rents for 1001 over time

Rents
Unit 1001, each contractTypical three-bed in Emaar Tower 2
100K150K20112015201920232027Typical rent by year: 2011 AED 100,000; 2012 AED 92,500; 2013 AED 115,000; 2014 AED 137,500; 2015 AED 125,000; 2016 AED 140,000; 2017 AED 137,500; 2018 AED 120,000; 2019 AED 110,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 94,500; 2023 AED 107,500; 2024 AED 122,291; 2025 AED 142,500; 2026 AED 145,500New contract, October 2014: AED 165,000 a yearNew contract, March 2017: AED 145,000 a yearRenewal, March 2018: AED 150,000 a yearRenewal, March 2019: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Emaar Tower 2, and where 1001 sits

All 24 3-beds →

Over the last 12 months three-beds sold for AED 1,700,000, around AED 978 per sqft, and rent for AED 82,000 to 200,000 a year. 1001's AED 135,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20261,700,000
4 Sep 20251,378,800
8 Apr 20251,805,060
8 Jul 20241,350,000
1 3-bed sale in the last 12 months

Emaar Tower 2

Building

84 apartments, 1-bed to 4-bed over 16 floors in Rigga Al Butten. 4 sold in the last 12 months.

Typical price per sqft
AED 706
Typical sale
AED 1.35M
Typical rent
AED 105K /yr
Typical yield
9.6%
Emaar Tower 2, Rigga Al Butten: prices, sales and rents →

Other units on the 10th floor

All 84 units in Emaar Tower 2
Value
10021-bedAED 850K · Nov 2016
10033-bedAED 1.4M · May 2024
10051-bedAED 1.58M · Apr 2022
10063-bedAED 904K · Mar 2024

1001, Emaar Tower 2 in numbers

  • Sold once: by the developer on 11 November 2013 for AED 1,368,800, or AED 755 per sqft.
  • Rented since October 2014 on 4 Ejari contracts, from AED 165,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2013 price is 9.9%, before a service charge of about AED 32,500 a year (AED 17.93 per sqft).
  • Three-beds in Emaar Tower 2 sold for AED 1,700,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 706 per sqft.

Source: Dubai Land Department. Updated 15 March 2019.

Questions about 1001, Emaar Tower 2

What did unit 1001 last sell for?

AED 1,368,800 on 11 November 2013, sold by the developer: AED 755 per sqft for 1,812 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 135,000 a year on the contract renewed on 15 March 2019. The previous contract, from March 2018, was AED 150,000; the unit has been rented since October 2014.

How big is unit 1001?

1,812 sqft (168.3 sqm): a three-bedroom apartment on the 10th floor of a 16-storey tower.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Emaar Tower 2 sold for AED 1,700,000 to 1,700,000 in the last 12 months, around AED 978 per sqft.

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Mortgage on 1001, Emaar Tower 2

Starts from the last sale price (AED 1.37M, 11 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,368,800
Deposit, UAE resident (20%)
AED 273,760
Deposit, non-resident (40%)
AED 547,520
Monthly over 25 years at 3.7%
AED 5,600

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