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Studio · 381 sqftRoy Mediterranean, Al Furjan · 4th floor · completed 2018

438, Roy Mediterranean

Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 438 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 517K9 March 2017
Current rentAED 43K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 438, Roy Mediterranean

What is 438 worth today?

Last sold for AED 516,798 in 2017

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1 Mar 2024RentedNew contract
AED 43,000/yr12 months · AED 114 per sqft
25 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
1 May 2021RentedNew contract
AED 25,000/yr12 months · AED 66 per sqft
9 Mar 2017Sold by developerOff-plan
AED 516,798AED 1,357 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio hotel apartment
Size
381 sqft
Floor
4th of 7
Parking
P1-112
Developer
Azizi Developments
Completed
2018
Last sold
AED 517K · March 2017
Building
Roy Mediterranean

About 438, Roy Mediterranean

438 is a studio of 381 sqft on the 4th floor of Roy Mediterranean, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 9 March 2017 for AED 516,798, or AED 1,357 per sqft, in line with the AED 1,341 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 March 2024, is AED 43,000 a year: a gross yield of 8.3% on the 2017 price.

Sales and rents for 438 over time

Sales
Unit 438, each saleTypical studio in Roy Mediterranean
400K2016201920222025Typical sale price by year: 2016 AED 520,705; 2017 AED 518,218; 2018 AED 508,222; 2019 AED 442,925; 2020 AED 420,640; 2021 AED 280,755; 2022 AED 345,000; 2023 AED 385,000; 2024 AED 450,000; 2025 AED 480,000; 2026 AED 500,000Sold by developer, March 2017: AED 516,798 (AED 1,357 per sqft)

438 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 438, each contractTypical studio in Roy Mediterranean
30K40K2018202120242027Typical rent by year: 2018 AED 34,000; 2019 AED 32,000; 2020 AED 25,000; 2021 AED 24,000; 2022 AED 29,000; 2023 AED 35,000; 2024 AED 41,000; 2025 AED 44,750; 2026 AED 44,000New contract, May 2021: AED 25,000 a yearNew contract, February 2023: AED 35,000 a yearNew contract, March 2024: AED 43,000 a year

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

Studios in Roy Mediterranean, and where 438 sits

All 224 studios →

438 last sold in March 2017 at AED 1,357 per sqft, in line with what studios in Roy Mediterranean were fetching at the time (AED 1,341). Over the last 12 months studios sold for AED 404,272 to 550,000, around AED 1,304 per sqft, and rent for AED 28,000 to 66,000 a year. 438's AED 43,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026420,000
19 Oct 2026500,000
9 Oct 2026475,000
21 Aug 2026510,000
21 studio sales in the last 12 months

Roy Mediterranean

Building

271 apartments, studios to 1-bed over 7 floors in Al Furjan, completed in 2018 by Azizi Developments. 29 sold in the last 12 months.

Typical price per sqft
AED 1,233 Up 0.3%
Typical sale
AED 510K
Typical rent
AED 45K /yr
Typical yield
8.9%
Roy Mediterranean, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 271 units in Roy Mediterranean
Value
4011-bedAED 757K · Jun 2019
402StudioAED 525K · Dec 2017
403StudioAED 506K · Mar 2017
404StudioAED 522K · Feb 2018
405StudioAED 526K · Jan 2017
406StudioAED 510K · Aug 2025
4071-bedAED 780K · Aug 2025
1–7 of 38

438, Roy Mediterranean in numbers

  • Sold once: by Azizi Developments on 9 March 2017 for AED 516,798, or AED 1,357 per sqft.
  • Rented since May 2021 on 3 Ejari contracts, from AED 25,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2017 price is 8.3%.
  • Studios in Roy Mediterranean sold for AED 404,272–550,000 in the 12 months to November 2026; the building's median across all types is AED 1,233 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 438, Roy Mediterranean

What did unit 438 last sell for?

AED 516,798 on 9 March 2017, sold by the developer: AED 1,357 per sqft for 381 sqft. It is the only registered sale of the unit.

What is the rent for unit 438?

AED 43,000 a year on the contract signed on 1 March 2024. The previous contract, from February 2023, was AED 35,000; the unit has been rented since May 2021.

How big is unit 438?

381 sqft (35.4 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 438 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Roy Mediterranean sold for AED 404,272 to 550,000 in the last 12 months, around AED 1,304 per sqft.

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Mortgage on 438, Roy Mediterranean

Starts from the last sale price (AED 517K, 9 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 516,798
Deposit, UAE resident (20%)
AED 103,360
Deposit, non-resident (40%)
AED 206,719
Monthly over 25 years at 3.7%
AED 2,114

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