1-bed · 731 sqftRoy Mediterranean, Al Furjan · 5th floor · completed 2018

523, Roy Mediterranean

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 1M5 December 2017
Current rentAED 55K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Roy Mediterranean

What is 523 worth today?

Last sold for AED 1,001,949 in 2017

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16 Sep 2024RentedRenewal
AED 55,000/yr12 months · AED 76 per sqft
16 Sep 2024RentedRenewal
AED 55,000/yr12 months · AED 76 per sqft
16 Sep 2024RentedRenewal
AED 55,000/yr12 months · AED 75 per sqft
16 Sep 2023RentedRenewal
AED 50,000/yr12 months · AED 68 per sqft
15 Sep 2022RentedRenewal
AED 49,862/yr12 months · AED 68 per sqft
15 Sep 2021RentedRenewal
AED 48,000/yr12 months · AED 66 per sqft
15 Sep 2020RentedRenewal
AED 48,000/yr12 months · AED 66 per sqft
15 Sep 2019RentedRenewal
AED 53,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
1-bed hotel apartment
Size
731 sqft
Floor
5th of 7
Parking
P2-16
Developer
Azizi Developments
Completed
2018
Last sold
AED 1M · December 2017

About 523, Roy Mediterranean

523 is a one-bedroom hotel apartment of 731 sqft on the 5th floor of Roy Mediterranean, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 5 December 2017 for AED 1,001,949, or AED 1,370 per sqft, 5% above the AED 1,308 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 16 September 2024, is AED 55,000 a year: a gross yield of 5.5% on the 2017 price.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical one-bed in Roy Mediterranean
600K800K1M2017202020232026Typical sale price by year: 2017 AED 1,003,839; 2018 AED 997,033; 2019 AED 752,380; 2023 AED 621,421; 2024 AED 767,750; 2025 AED 780,000; 2026 AED 800,000Sold by developer, December 2017: AED 1,001,949 (AED 1,370 per sqft)

523 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 523, each contractTypical one-bed in Roy Mediterranean
40K60K2018202120242027Typical rent by year: 2018 AED 54,000; 2019 AED 53,000; 2020 AED 42,500; 2021 AED 38,000; 2022 AED 44,440; 2023 AED 50,000; 2024 AED 55,000; 2025 AED 64,500; 2026 AED 66,000New contract, September 2018: AED 55,000 a yearRenewal, September 2019: AED 53,000 a yearRenewal, September 2020: AED 48,000 a yearRenewal, September 2021: AED 48,000 a yearRenewal, September 2022: AED 49,862 a yearRenewal, September 2023: AED 50,000 a yearRenewal, September 2024: AED 55,000 a yearRenewal, September 2024: AED 55,000 a yearRenewal, September 2024: AED 55,000 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 Roy Mediterranean, and where 523 sits

All 47 1-beds →

523 last sold in December 2017 at AED 1,370 per sqft, 5% above what one-beds in Roy Mediterranean were fetching at the time (AED 1,308). Over the last 12 months one-beds sold for AED 645,399 to 875,000, around AED 1,042 per sqft, and rent for AED 51,975 to 75,000 a year. 523's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026800,000
1 Oct 2026720,000
26 Aug 2026750,000
21 May 2026860,000
8 1-bed 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 5th floor

All 271 units in Roy Mediterranean
Value
5011-bedAED 748K · Jun 2019
502StudioAED 500K · Oct 2025
503StudioAED 510K · Jun 2026
504StudioAED 429K · Mar 2023
505StudioAED 500K · Sep 2018
506StudioAED 510K · Aug 2025
5071-bedAED 781K · Sep 2018
1–7 of 38

523, Roy Mediterranean in numbers

  • Sold once: by Azizi Developments on 5 December 2017 for AED 1,001,949, or AED 1,370 per sqft.
  • Rented since September 2018 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 48,000 in 2021 and recovered to AED 55,000 by September 2024.
  • At AED 55,000 a year the gross yield on the 2017 price is 5.5%.
  • One-beds in Roy Mediterranean sold for AED 645,399–875,000 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 16 September 2024.

Questions about 523, Roy Mediterranean

What did unit 523 last sell for?

AED 1,001,949 on 5 December 2017, sold by the developer: AED 1,370 per sqft for 731 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 55,000 a year on the contract renewed on 16 September 2024. The previous contract, from September 2024, was AED 55,000; the unit has been rented since September 2018.

How big is unit 523?

731 sqft (67.9 sqm): a one-bedroom hotel apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Roy Mediterranean sold for AED 645,399 to 875,000 in the last 12 months, around AED 1,042 per sqft.

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Mortgage on 523, Roy Mediterranean

Starts from the last sale price (AED 1M, 5 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,001,949
Deposit, UAE resident (20%)
AED 200,390
Deposit, non-resident (40%)
AED 400,780
Monthly over 25 years at 3.7%
AED 4,099

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