1-bed · 316 sqftBurj Royale, Downtown Dubai · 15th floor · completed 2022

1504, Burj Royale

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

Unit 1504 · DLD and Ejari recordsUpdated 17 April 2023
Last soldAED 528K17 April 2023
Current rentAED 140K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Burj Royale

What is 1504 worth today?

Last sold for AED 527,500 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Apr 2023SoldReady
AED 527,500AED 1,671 per sqft
15 Mar 2023RentedNew contract
AED 140,000/yr12 months · AED 220 per sqft
21 Sep 2021Sold by developerOff-plan
AED 1,055,888AED 1,667 per sqft

Source: Dubai Land Department. Updated 17 April 2023.

Key facts

Type
1-bed apartment
Size
316 sqft
Floor
15th of 52
Parking
P4-118
Developer
Old Town Views
Completed
2022
Last sold
AED 528K · April 2023
Building
Burj Royale

About 1504, Burj Royale

1504 is a one-bedroom apartment of 316 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 17 April 2023 for AED 527,500, or AED 1,671 per sqft, 29% below the AED 2,355 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2023. The current contract, signed on 15 March 2023, is AED 140,000 a year: a gross yield of 26.5% on the 2023 price.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical one-bed in Burj Royale
1M2M20192021202320252027Typical 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, September 2021: AED 1,055,888 (AED 1,667 per sqft)Sold, April 2023: AED 527,500 (AED 1,671 per sqft)

1504 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, 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, March 2023: AED 140,000 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 1504 sits

All 237 1-beds →

1504 last sold in April 2023 at AED 1,671 per sqft, 29% below what one-beds in Burj Royale were fetching at the time (AED 2,355). 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. 1504's AED 140,000 is in the upper half 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 15th floor

All 602 units in Burj Royale
Value
15012-bedAED 1.91M · Sep 2021
15022-bedAED 3.9M · Sep 2023
15032-bedAED 3.94M · Sep 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

1504, Burj Royale in numbers

  • Sold twice: first on 21 September 2021 for AED 1,055,888, last on 17 April 2023 for AED 527,500 (AED 1,671 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 26.5%.
  • 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 17 April 2023.

Questions about 1504, Burj Royale

What did unit 1504 last sell for?

AED 527,500 on 17 April 2023: AED 1,671 per sqft for 316 sqft. The unit has 2 registered sales; the first was AED 1,055,888 in September 2021.

What is the rent for unit 1504?

AED 140,000 a year on the contract signed on 15 March 2023.

How big is unit 1504?

316 sqft (29.4 sqm): a one-bedroom apartment on the 15th floor of a 52-storey tower completed in 2022.

What is unit 1504 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.

Selling 1504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1504, Burj Royale

Starts from the last sale price (AED 528K, 17 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 527,500
Deposit, UAE resident (20%)
AED 105,500
Deposit, non-resident (40%)
AED 211,000
Monthly over 25 years at 3.7%
AED 2,158

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