1-bed · 994 sqftEmaar Tower 2, Rigga Al Butten · 1st floor

104, Emaar Tower 2

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 725K19 July 2010
Current rentAED 67K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Emaar Tower 2

What is 104 worth today?

Last sold for AED 725,000 in 2010

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5 Oct 2024RentedNew contract
AED 67,000/yr12 months · AED 68 per sqft
20 Dec 2022RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
20 May 2022RentedRenewal
AED 55,000/yr7 months · AED 56 per sqft
20 Nov 2020RentedRenewal
AED 53,000/yr12 months · AED 54 per sqft
20 Nov 2018RentedNew contract
AED 63,000/yr12 months · AED 64 per sqft
8 May 2018RentedNew contract
AED 82,000/yr12 months · AED 83 per sqft
1 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
10 Mar 2015RentedNew contract
AED 55,556/yr14 months · AED 56 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
1st of 16
Parking
L3/ 75
Service charge
AED 17,800 /yr
Last sold
AED 725K · July 2010

About 104, Emaar Tower 2

104 is a one-bedroom apartment of 994 sqft on the 1st floor of Emaar Tower 2, a 16-storey tower in Rigga Al Butten. The developer sold it on 19 July 2010 for AED 725,000, or AED 729 per sqft, 13% below the AED 837 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 5 October 2024, is AED 67,000 a year: a gross yield of 9.2% on the 2010 price, before the service charge of about AED 17,800 a year.

Sales and rents for 104 over time

Rents
Unit 104, each contractTypical one-bed in Emaar Tower 2
50K75K100K20142017202020232026Typical rent by year: 2014 AED 87,000; 2015 AED 85,250; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 65,000; 2020 AED 54,000; 2021 AED 55,000; 2022 AED 57,750; 2023 AED 61,675; 2024 AED 67,000; 2025 AED 70,698New contract, March 2015: AED 55,556 a yearNew contract, September 2017: AED 100,000 a yearNew contract, May 2018: AED 82,000 a yearNew contract, November 2018: AED 63,000 a yearRenewal, November 2020: AED 53,000 a yearRenewal, May 2022: AED 55,000 a yearRenewal, December 2022: AED 55,000 a yearNew contract, October 2024: AED 67,000 a year

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

1-beds in Emaar Tower 2, and where 104 sits

All 13 1-beds →

104 last sold in July 2010 at AED 729 per sqft, 13% below what one-beds in Emaar Tower 2 were fetching at the time (AED 837).

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 2023602,000
26 Jan 2023700,000
7 Oct 2022700,000
6 Jul 2022650,000
0 1-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. 1 sold in the last 12 months.

Typical price per sqft
AED 710
Typical sale
AED 1.5M
Typical rent
AED 102K /yr
Typical yield
9.7%
Emaar Tower 2, Rigga Al Butten: prices, sales and rents →

Other units on the 1st floor

All 84 units in Emaar Tower 2
Value
1013-bedAED 2.35M · Sep 2010
1021-bedAED 581K · Sep 2010
1031-bedAED 719K · Nov 2010
1052-bedAED 981K · May 2010
1063-bedAED 551K · Jul 2010

104, Emaar Tower 2 in numbers

  • Sold once: by the developer on 19 July 2010 for AED 725,000, or AED 729 per sqft.
  • Rented since March 2015 on 8 Ejari contracts, from AED 55,556 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2010 price is 9.2%, before a service charge of about AED 17,800 a year (AED 17.93 per sqft).

Source: Dubai Land Department. Updated 5 October 2024.

Questions about 104, Emaar Tower 2

What did unit 104 last sell for?

AED 725,000 on 19 July 2010, sold by the developer: AED 729 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 67,000 a year on the contract signed on 5 October 2024. The previous contract, from December 2022, was AED 55,000; the unit has been rented since March 2015.

How big is unit 104?

994 sqft (92.3 sqm): a one-bedroom apartment on the 1st floor of a 16-storey tower.

What is unit 104 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 104, Emaar Tower 2

Starts from the last sale price (AED 725K, 19 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

Plus AED 35,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →