2-bed · 1,430 sqftEmaar Tower 2, Rigga Al Butten · 3rd floor

301, Emaar Tower 2

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 1 January 2021
Last soldAED 1.6M17 April 2014
Current rentAED 40K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Emaar Tower 2

What is 301 worth today?

Last sold for AED 1,600,000 in 2014

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1 Jan 2021RentedNew contract
AED 40,000/yr60 months · AED 28 per sqft
20 May 2019RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
20 May 2018RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
20 May 2017RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
20 May 2016RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft
10 Apr 2015RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
17 Apr 2014SoldReady · flagged as an outlier
AED 1,600,000AED 1,118 per sqft
16 Feb 2014RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 January 2021.

Key facts

Type
2-bed apartment
Size
1,430 sqft
Floor
3rd of 16
Parking
L3/45
Service charge
AED 25,600 /yr
Last sold
AED 1.6M · April 2014

About 301, Emaar Tower 2

301 is a two-bedroom apartment of 1,430 sqft on the 3rd floor of Emaar Tower 2, a 16-storey tower in Rigga Al Butten. It last sold on 17 April 2014 for AED 1,600,000, or AED 1,118 per sqft, 7% above the AED 1,045 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 January 2021, is AED 40,000 a year: a gross yield of 2.5% on the 2014 price, before the service charge of about AED 25,600 a year.

Sales and rents for 301 over time

Rents
Unit 301, each contractTypical two-bed in Emaar Tower 2
50K100K150K2013201720212025Typical 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, February 2014: AED 125,000 a yearNew contract, April 2015: AED 135,000 a yearNew contract, May 2016: AED 125,000 a yearRenewal, May 2017: AED 125,000 a yearRenewal, May 2018: AED 110,000 a yearRenewal, May 2019: AED 100,000 a yearNew contract, January 2021: AED 40,000 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 301 sits

All 44 2-beds →

301 last sold in April 2014 at AED 1,118 per sqft, 7% above what two-beds in Emaar Tower 2 were fetching at the time (AED 1,045). 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. 301's AED 40,000 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 3rd floor

All 84 units in Emaar Tower 2
Value
3022-bedAED 950K · Jun 2022
3032-bedAED 1M · Aug 2026
3042-bedAED 1.6M · Jun 2016
3052-bedAED 1.2M · Aug 2026
3062-bedAED 1.13M · Mar 2011

301, Emaar Tower 2 in numbers

  • Sold twice: first on 5 March 2013 for AED 3,100,000, last on 17 April 2014 for AED 1,600,000 (AED 1,118 per sqft).
  • Rented since February 2014 on 7 Ejari contracts, from AED 125,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 2.5%, before a service charge of about AED 25,600 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 1 January 2021.

Questions about 301, Emaar Tower 2

What did unit 301 last sell for?

AED 1,600,000 on 17 April 2014: AED 1,118 per sqft for 1,430 sqft. The unit has 2 registered sales; the first was AED 3,100,000 in March 2013.

What is the rent for unit 301?

AED 40,000 a year on the contract signed on 1 January 2021. The previous contract, from May 2019, was AED 100,000; the unit has been rented since February 2014.

How big is unit 301?

1,430 sqft (132.9 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower.

What is unit 301 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 301, Emaar Tower 2

Starts from the last sale price (AED 1.6M, 17 April 2014). 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 →