1507, Burj Royale
Sold prices and rental history: sold twice, last in December 2022, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Burj Royale
What is 1507 worth today?
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Source: Dubai Land Department. Updated 20 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 989 sqft
- Floor
- 15th of 52
- Parking
- P4-122
- Developer
- Old Town Views
- Completed
- 2022
- Last sold
- AED 1.82M · December 2022
- Building
- Burj Royale
About 1507, Burj Royale
1507 is a two-bedroom apartment of 989 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 12 December 2022 for AED 1,820,000, or AED 1,839 per sqft, 19% below the AED 2,279 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 March 2024. The current contract, signed on 20 March 2024, is AED 165,000 a year: a gross yield of 9.1% on the 2022 price.
Sales and rents for 1507 over time
1507 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1507 sits
All 304 2-beds →1507 last sold in December 2022 at AED 1,839 per sqft, 19% below what two-beds in Burj Royale were fetching at the time (AED 2,279). 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. 1507's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,021 sqft | 3,100,000 | 3,035 | ||
| 27 Oct 202627 October 2026 | 959 sqft | 4,400,000 | 4,587 | ||
| 27 Oct 202627 October 2026 | 936 sqft | 3,100,000 | 3,313 | ||
| 21 Oct 202621 October 2026 | 1,045 sqft | 3,800,000 | 3,635 |
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 | |
| 1504 | 1-bed | 316 sqft | AED 528KAED 527,500 · Apr 2023April 2023 | 140,000 /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 | |
| 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 |
1507, Burj Royale in numbers
- Sold twice: first on 16 December 2021 for AED 1,573,888, last on 12 December 2022 for AED 1,820,000 (AED 1,839 per sqft).
- Rented since March 2024 on one Ejari contract, at AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2022 price is 9.1%.
- 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 20 March 2024.
Questions about 1507, Burj Royale
What did unit 1507 last sell for?
AED 1,820,000 on 12 December 2022: AED 1,839 per sqft for 989 sqft. The unit has 2 registered sales; the first was AED 1,573,888 in December 2021.
What is the rent for unit 1507?
AED 165,000 a year on the contract signed on 20 March 2024.
How big is unit 1507?
989 sqft (91.9 sqm): a two-bedroom apartment on the 15th floor of a 52-storey tower completed in 2022.
What is unit 1507 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 1507, Burj Royale
Starts from the last sale price (AED 1.82M, 12 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,820,000
- Deposit, UAE resident (20%)
- AED 364,000
- Deposit, non-resident (40%)
- AED 728,000
- Monthly over 25 years at 3.7%
- AED 7,446
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →