1-bed · 638 sqftBurj Royale, Downtown Dubai · 10th floor · completed 2022

1007, Burj Royale

Sold prices and rental history: sold twice, last in May 2023, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 29 May 2023
Last soldAED 1.6M19 May 2023
Current rentAED 145K /yr29 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Burj Royale

What is 1007 worth today?

Last sold for AED 1,600,000 in 2023

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29 May 2023RentedNew contract
AED 145,000/yr12 months · AED 228 per sqft
19 May 2023SoldReady
AED 1,600,000AED 2,507 per sqft
6 May 2019Sold by developerOff-plan
AED 1,022,888AED 1,597 per sqft

Source: Dubai Land Department. Updated 29 May 2023.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
10th of 52
Parking
G-058
Developer
Old Town Views
Completed
2022
Last sold
AED 1.6M · May 2023
Building
Burj Royale

About 1007, Burj Royale

1007 is a one-bedroom apartment of 638 sqft on the 10th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views . It last sold on 19 May 2023 for AED 1,600,000, or AED 2,507 per sqft, in line with the AED 2,438 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 May 2023. The current contract, signed on 29 May 2023, is AED 145,000 a year: a gross yield of 9.1% on the 2023 price.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Burj Royale
1M1.5M2M20192021202320252027Typical sale price by year: 2019 AED 1,046,888; 2020 AED 1,035,888; 2021 AED 1,023,888; 2022 AED 1,375,000; 2023 AED 1,600,000; 2024 AED 1,917,500; 2025 AED 2,010,000; 2026 AED 1,950,000Sold by developer, May 2019: AED 1,022,888 (AED 1,597 per sqft)Sold, May 2023: AED 1,600,000 (AED 2,507 per sqft)

1007 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Burj Royale
100K120K140K20232024202520262027Typical rent by year: 2023 AED 110,000; 2024 AED 115,000; 2025 AED 115,000; 2026 AED 105,000New contract, May 2023: AED 145,000 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 Burj Royale, and where 1007 sits

All 237 1-beds →

1007 last sold in May 2023 at AED 2,507 per sqft, in line with what one-beds in Burj Royale were fetching at the time (AED 2,438). Over the last 12 months one-beds sold for AED 1,600,000 to 2,200,000, around AED 3,113 per sqft, and rent for AED 80,000 to 142,500 a year. 1007's AED 145,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 20261,600,000
21 Oct 20261,600,000
18 Aug 20261,950,000
6 Jul 20261,800,000
14 1-bed sales in the last 12 months

Burj Royale

Building

602 apartments, 1-bed to 3-bed over 52 floors in Downtown Dubai, completed in 2022 by Old Town Views . 39 sold in the last 12 months.

Typical price per sqft
AED 3,288 Down 3.1%
Typical sale
AED 3.1M
Typical rent
AED 150K /yr
Typical yield
5.2%
Burj Royale, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 602 units in Burj Royale
Value
10012-bedAED 3.95M · Jan 2024
10022-bedAED 3.13M · Jul 2023
10032-bedAED 1.83M · May 2019
10041-bedAED 1.6M · Apr 2023
10051-bedAED 1.65M · Jul 2023
10061-bedAED 1.7M · Jun 2023
10081-bedAED 1.6M · Jul 2023
1–7 of 12

1007, Burj Royale in numbers

  • Sold twice: first on 6 May 2019 for AED 1,022,888, last on 19 May 2023 for AED 1,600,000 (AED 2,507 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 9.1%.
  • One-beds in Burj Royale sold for AED 1,600,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 3,288 per sqft.

Source: Dubai Land Department. Updated 29 May 2023.

Questions about 1007, Burj Royale

What did unit 1007 last sell for?

AED 1,600,000 on 19 May 2023: AED 2,507 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 1,022,888 in May 2019.

What is the rent for unit 1007?

AED 145,000 a year on the contract signed on 29 May 2023.

How big is unit 1007?

638 sqft (59.3 sqm): a one-bedroom apartment on the 10th floor of a 52-storey tower completed in 2022.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Royale sold for AED 1,600,000 to 2,200,000 in the last 12 months, around AED 3,113 per sqft.

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Mortgage on 1007, Burj Royale

Starts from the last sale price (AED 1.6M, 19 May 2023). 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 →