
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.
Property timeline for 1504, Burj Royale
What is 1504 worth today?
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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
1504 has sold twice; the dashed line is the one-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 631 sqft | 1,600,000 | 2,534 | ||
| 21 Oct 202621 October 2026 | 594 sqft | 1,600,000 | 2,693 | ||
| 18 Aug 202618 August 2026 | 634 sqft | 1,950,000 | 3,077 | ||
| 6 Jul 20266 July 2026 | 629 sqft | 1,800,000 | 2,863 |
Burj Royale
Building602 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%
Other units on the 15th floor
All 602 units in Burj Royale| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,016 sqft | AED 1.91MAED 1,905,888 · Sep 2021September 2021 | 220,000 /yr | |
| 1502 | 2-bed | 936 sqft | AED 3.9MAED 3,900,000 · Sep 2023September 2023 | 160,000 /yr | |
| 1503 | 2-bed | 1,045 sqft | AED 3.94MAED 3,940,000 · Sep 2023September 2023 | 170,000 /yr | |
| 1505 | 1-bed | 590 sqft | AED 982KAED 981,888 · May 2019May 2019 | 90,000 /yr | |
| 1506 | 2-bed | 951 sqft | AED 1.82MAED 1,820,000 · Dec 2022December 2022 | 200,000 /yr | |
| 1507 | 2-bed | 989 sqft | AED 1.82MAED 1,820,000 · Dec 2022December 2022 | 165,000 /yr | |
| 1508 | 1-bed | 590 sqft | AED 982KAED 981,888 · Oct 2019October 2019 | 112,500 /yr | |
| 1509 | 1-bed | 631 sqft | AED 1.4MAED 1,400,000 · Nov 2022November 2022 | ||
| 1510 | 2-bed | 1,039 sqft | AED 1.89MAED 1,890,888 · Aug 2019August 2019 | 195,000 /yr | |
| 1511 | 2-bed | 934 sqft | AED 2.35MAED 2,350,000 · Apr 2022April 2022 | 140,000 /yr | |
| 1512 | 2-bed | 1,021 sqft | AED 3.43MAED 3,430,000 · Apr 2023April 2023 |
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.
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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 →