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3-bed · 1,812 sqftEmaar Tower 2, Rigga Al Butten · 12th floor

1201, Emaar Tower 2

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 1.6M26 June 2024
Current rentAED 95K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Emaar Tower 2

What is 1201 worth today?

Last sold for AED 1,600,000 in 2024

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26 Jun 2024SoldReady · flagged as an outlier
AED 1,600,000AED 883 per sqft
15 Mar 2023RentedNew contract
AED 94,500/yr12 months · AED 52 per sqft
15 Mar 2022RentedRenewal
AED 90,000/yr12 months · AED 50 per sqft
15 Mar 2021RentedNew contract
AED 87,500/yr12 months · AED 48 per sqft
15 Mar 2021RentedRenewal
AED 78,500/yr12 months · AED 43 per sqft
15 Mar 2020RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft
3 Feb 2018RentedNew contract
AED 140,000/yr12 months · AED 77 per sqft
9 Nov 2014Sold by developerReady · flagged as an outlier
AED 1,538,680AED 849 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
3-bed apartment
Size
1,812 sqft
Floor
12th of 16
Parking
L3/17&18
Service charge
AED 32,500 /yr
Last sold
AED 1.6M · June 2024
Building
Emaar Tower 2

About 1201, Emaar Tower 2

1201 is a three-bedroom apartment of 1,812 sqft on the 12th floor of Emaar Tower 2, a 16-storey tower in Rigga Al Butten. It last sold on 26 June 2024 for AED 1,600,000, or AED 883 per sqft, 10% above the AED 805 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 March 2023, is AED 94,500 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 32,500 a year.

Sales and rents for 1201 over time

Rents
Unit 1201, 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, September 2013: AED 160,000 a yearNew contract, October 2014: AED 160,000 a yearNew contract, February 2018: AED 140,000 a yearNew contract, March 2020: AED 95,000 a yearNew contract, March 2021: AED 87,500 a yearRenewal, March 2021: AED 78,500 a yearRenewal, March 2022: AED 90,000 a yearNew contract, March 2023: AED 94,500 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 1201 sits

All 24 3-beds →

1201 last sold in June 2024 at AED 883 per sqft, 10% above what three-beds in Emaar Tower 2 were fetching at the time (AED 805). 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. 1201's AED 94,500 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 12th floor

All 84 units in Emaar Tower 2
Value
12021-bedAED 1.75M · Nov 2010
12033-bedAED 1.35M · Jul 2024
12043-bedAED 1.63M · May 2010
12051-bedAED 1.98M · Nov 2010
12063-bedAED 2.4M · Jan 2015

1201, Emaar Tower 2 in numbers

  • Sold twice: first on 9 November 2014 for AED 1,538,680, last on 26 June 2024 for AED 1,600,000 (AED 883 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 78,500 in 2021 and recovered to AED 94,500 by March 2023.
  • At AED 94,500 a year the gross yield on the 2024 price is 5.9%, 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 26 June 2024.

Questions about 1201, Emaar Tower 2

What did unit 1201 last sell for?

AED 1,600,000 on 26 June 2024: AED 883 per sqft for 1,812 sqft. The unit has 2 registered sales; the first was AED 1,538,680 in November 2014.

What is the rent for unit 1201?

AED 94,500 a year on the contract signed on 15 March 2023. The previous contract, from March 2022, was AED 90,000; the unit has been rented since September 2013.

How big is unit 1201?

1,812 sqft (168.3 sqm): a three-bedroom apartment on the 12th floor of a 16-storey tower.

What is unit 1201 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 1201, Emaar Tower 2

Starts from the last sale price (AED 1.6M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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