1-bed · 978 sqftRoyal Regency, Business Bay · 16th floor · completed 2026

1602, Royal Regency

Sold prices and rental history: sold once, by the developer in February 2025, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 2M24 February 2025
Current rentAED 125K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Royal Regency

What is 1602 worth today?

Last sold for AED 1,996,260 in 2025

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15 Feb 2026RentedNew contract
AED 125,000/yr12 months · AED 128 per sqft
24 Feb 2025Sold by developerOff-plan
AED 1,996,260AED 2,041 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
16th of 17
Parking
G-22
Developer
Alseeb Real Estate Development
Completed
2026
Last sold
AED 2M · February 2025

About 1602, Royal Regency

1602 is a one-bedroom apartment of 978 sqft on the 16th floor of Royal Regency, a 17-storey tower in Business Bay completed in 2026 by Alseeb Real Estate Development. The developer sold it on 24 February 2025 for AED 1,996,260, or AED 2,041 per sqft, 5% above the AED 1,941 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2026. The current contract, signed on 15 February 2026, is AED 125,000 a year: a gross yield of 6.3% on the 2025 price.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Royal Regency
1.8M2M2024202520262027Typical sale price by year: 2024 AED 1,744,152; 2025 AED 1,974,000; 2026 AED 2,013,000Sold by developer, February 2025: AED 1,996,260 (AED 2,041 per sqft)

1602 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Royal Regency, and where 1602 sits

All 103 1-beds →

1602 last sold in February 2025 at AED 2,041 per sqft, 5% above what one-beds in Royal Regency were fetching at the time (AED 1,941). Over the last 12 months one-beds sold for AED 1,650,000 to 2,569,000, around AED 2,110 per sqft, and rent for AED 75,000 to 150,000 a year. 1602's AED 125,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,650,000
23 Oct 20262,016,000
21 Sep 20261,670,000
12 Mar 20261,650,000
11 1-bed sales in the last 12 months

Royal Regency

Building

162 apartments, studios to 4-bed over 17 floors in Business Bay, completed in 2026 by Alseeb Real Estate Development. 25 sold in the last 12 months.

Typical price per sqft
AED 2,083 Up 1.4%
Typical sale
AED 2.07M
Typical rent
AED 107K /yr
Typical yield
5.1%
Royal Regency, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 162 units in Royal Regency
Value
16013-bedAED 4.56M · Dec 2024
16031-bedAED 1.76M · Oct 2024
16042-bedAED 3.06M · Mar 2025
16052-bedAED 3M · Oct 2025
16061-bedAED 1.88M · May 2025
16071-bedAED 2.07M · Jan 2026
16081-bedAED 2.17M · Jan 2026
1–7 of 8

1602, Royal Regency in numbers

  • Sold once: by Alseeb Real Estate Development on 24 February 2025 for AED 1,996,260, or AED 2,041 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2025 price is 6.3%.
  • One-beds in Royal Regency sold for AED 1,650,000–2,569,000 in the 12 months to November 2026; the building's median across all types is AED 2,083 per sqft.

Source: Dubai Land Department. Updated 15 February 2026.

Questions about 1602, Royal Regency

What did unit 1602 last sell for?

AED 1,996,260 on 24 February 2025, sold by the developer: AED 2,041 per sqft for 978 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 125,000 a year on the contract signed on 15 February 2026.

How big is unit 1602?

978 sqft (90.9 sqm): a one-bedroom apartment on the 16th floor of a 17-storey tower completed in 2026.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Royal Regency sold for AED 1,650,000 to 2,569,000 in the last 12 months, around AED 2,110 per sqft.

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Mortgage on 1602, Royal Regency

Starts from the last sale price (AED 2M, 24 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,996,260
Deposit, UAE resident (20%)
AED 399,252
Deposit, non-resident (40%)
AED 798,504
Monthly over 25 years at 3.7%
AED 8,167

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