2-bed · 1,045 sqftBurj Royale, Downtown Dubai · 15th floor · completed 2022

1503, Burj Royale

Sold prices and rental history: sold 3 times, last in September 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 3.94M18 September 2023
Current rentAED 170K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Burj Royale

What is 1503 worth today?

Last sold for AED 3,940,000 in 2023

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1 Sep 2026RentedNew contract
AED 170,000/yr12 months · AED 163 per sqft
18 Sep 2023SoldReady
AED 3,940,000AED 3,769 per sqft
16 Feb 2023SoldReady
AED 2,900,000AED 2,774 per sqft
30 Jul 2019Sold by developerOff-plan
AED 1,890,888AED 1,820 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,045 sqft
Floor
15th of 52
Parking
P3-020
Developer
Old Town Views
Completed
2022
Last sold
AED 3.94M · September 2023
Building
Burj Royale

About 1503, Burj Royale

1503 is a two-bedroom apartment of 1,045 sqft on the 15th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views . It last sold on 18 September 2023 for AED 3,940,000, or AED 3,769 per sqft, 35% above the AED 2,784 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2026. The current contract, signed on 1 September 2026, is AED 170,000 a year: a gross yield of 4.3% on the 2023 price.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Burj Royale
2M4M20192021202320252027Typical sale price by year: 2019 AED 1,883,888; 2020 AED 1,758,888; 2021 AED 1,788,388; 2022 AED 2,365,697; 2023 AED 3,000,000; 2024 AED 3,500,000; 2025 AED 4,350,000; 2026 AED 3,725,000Sold by developer, July 2019: AED 1,890,888 (AED 1,820 per sqft)Sold, February 2023: AED 2,900,000 (AED 2,774 per sqft)Sold, September 2023: AED 3,940,000 (AED 3,769 per sqft)

1503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Burj Royale
180K200K202320252027Typical rent by year: 2023 AED 185,000; 2024 AED 200,000; 2025 AED 197,250; 2026 AED 170,000New contract, September 2026: AED 170,000 a year

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

2-beds in Burj Royale, and where 1503 sits

All 304 2-beds →

1503 last sold in September 2023 at AED 3,769 per sqft, 35% above what two-beds in Burj Royale were fetching at the time (AED 2,784). Over the last 12 months two-beds sold for AED 2,750,000 to 4,785,000, around AED 3,618 per sqft, and rent for AED 96,000 to 280,000 a year. 1503's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20263,100,000
27 Oct 20264,400,000
27 Oct 20263,100,000
21 Oct 20263,800,000
24 2-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 15th floor

All 602 units in Burj Royale
Value
15012-bedAED 1.91M · Sep 2021
15022-bedAED 3.9M · Sep 2023
15041-bedAED 528K · Apr 2023
15051-bedAED 982K · May 2019
15062-bedAED 1.82M · Dec 2022
15072-bedAED 1.82M · Dec 2022
15081-bedAED 982K · Oct 2019
1–7 of 11

1503, Burj Royale in numbers

  • Sold 3 times: first on 30 July 2019 for AED 1,890,888, last on 18 September 2023 for AED 3,940,000 (AED 3,769 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 4.3%.
  • Two-beds in Burj Royale sold for AED 2,750,000–4,785,000 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 1 September 2026.

Questions about 1503, Burj Royale

What did unit 1503 last sell for?

AED 3,940,000 on 18 September 2023: AED 3,769 per sqft for 1,045 sqft. The unit has 3 registered sales; the first was AED 1,890,888 in July 2019.

What is the rent for unit 1503?

AED 170,000 a year on the contract signed on 1 September 2026.

How big is unit 1503?

1,045 sqft (97.1 sqm): a two-bedroom apartment on the 15th floor of a 52-storey tower completed in 2022.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Royale sold for AED 2,750,000 to 4,785,000 in the last 12 months, around AED 3,618 per sqft.

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Mortgage on 1503, Burj Royale

Starts from the last sale price (AED 3.94M, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,940,000
Deposit, UAE resident (20%)
AED 788,000
Deposit, non-resident (40%)
AED 1,576,000
Monthly over 25 years at 3.7%
AED 16,120

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