2-bed · 1,477 sqftEmaar Tower 2, Rigga Al Butten · 2nd floor

202, Emaar Tower 2

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 1.2M3 March 2023
Current rentAED 80K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Emaar Tower 2

What is 202 worth today?

Last sold for AED 1,200,000 in 2023

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3 Mar 2023SoldReady · flagged as an outlier
AED 1,200,000AED 812 per sqft
1 Nov 2022RentedRenewal
AED 80,000/yr12 months · AED 54 per sqft
1 Nov 2021RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
1 May 2021RentedNew contract
AED 40,000/yr12 months · AED 27 per sqft
8 Apr 2021SoldReady · flagged as an outlier
AED 1,000,000AED 677 per sqft
1 Mar 2020RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft
10 Nov 2018RentedRenewal
AED 108,000/yr12 months · AED 73 per sqft
10 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 3 March 2023.

Key facts

Type
2-bed apartment
Size
1,477 sqft
Floor
2nd of 16
Parking
nan
Service charge
AED 26,500 /yr
Last sold
AED 1.2M · March 2023

About 202, Emaar Tower 2

202 is a two-bedroom apartment of 1,477 sqft on the 2nd floor of Emaar Tower 2, a 16-storey tower in Rigga Al Butten. It last sold on 3 March 2023 for AED 1,200,000, or AED 812 per sqft, 27% above the AED 639 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 80,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 26,500 a year.

Sales and rents for 202 over time

Rents
Unit 202, each contractTypical two-bed in Emaar Tower 2
50K100K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 120,000; 2015 AED 120,000; 2016 AED 122,500; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 74,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 80,000; 2024 AED 90,000; 2025 AED 99,500; 2026 AED 105,000New contract, November 2017: AED 120,000 a yearRenewal, November 2018: AED 108,000 a yearNew contract, March 2020: AED 90,000 a yearNew contract, May 2021: AED 40,000 a yearNew contract, November 2021: AED 80,000 a yearRenewal, November 2022: AED 80,000 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 Emaar Tower 2, and where 202 sits

All 44 2-beds →

202 last sold in March 2023 at AED 812 per sqft, 27% above what two-beds in Emaar Tower 2 were fetching at the time (AED 639). Over the last 12 months two-beds sold for AED 1,000,000 to 1,500,000, around AED 701 per sqft, and rent for AED 82,688 to 150,000 a year. 202's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Aug 20261,000,000
5 Aug 20261,200,000
11 Dec 20251,500,000
2 Oct 20251,450,000
3 2-bed sales 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 2nd floor

All 84 units in Emaar Tower 2
Value
2012-bedAED 1.37M · Aug 2021
2032-bedAED 995K · Apr 2012
2042-bedAED 1.05M · Jul 2023
2052-bedAED 2.5M · Mar 2014
2062-bedAED 1.6M · Oct 2014

202, Emaar Tower 2 in numbers

  • Sold 3 times: first on 18 April 2012 for AED 1,018,800, last on 3 March 2023 for AED 1,200,000 (AED 812 per sqft).
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 40,000 in 2021 and recovered to AED 80,000 by November 2022.
  • At AED 80,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 26,500 a year (AED 17.93 per sqft).
  • Two-beds in Emaar Tower 2 sold for AED 1,000,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 706 per sqft.

Source: Dubai Land Department. Updated 3 March 2023.

Questions about 202, Emaar Tower 2

What did unit 202 last sell for?

AED 1,200,000 on 3 March 2023: AED 812 per sqft for 1,477 sqft. The unit has 3 registered sales; the first was AED 1,018,800 in April 2012.

What is the rent for unit 202?

AED 80,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 80,000; the unit has been rented since November 2017.

How big is unit 202?

1,477 sqft (137.2 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Emaar Tower 2 sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 701 per sqft.

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Mortgage on 202, Emaar Tower 2

Starts from the last sale price (AED 1.2M, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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