2-bed · 951 sqftBurj Royale, Downtown Dubai · 16th floor · completed 2022

1606, Burj Royale

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 24 February 2023
Last soldAED 2.08M24 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Burj Royale

What is 1606 worth today?

Last sold for AED 2,075,000 in 2023

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24 Feb 2023SoldReady
AED 2,075,000AED 2,181 per sqft
26 May 2019Sold by developerOff-plan
AED 1,506,888AED 1,581 per sqft

Source: Dubai Land Department. Updated 24 February 2023.

Key facts

Type
2-bed apartment
Size
951 sqft
Floor
16th of 52
Parking
P1-128
Developer
Old Town Views
Completed
2022
Last sold
AED 2.08M · February 2023
Building
Burj Royale

About 1606, Burj Royale

1606 is a two-bedroom apartment of 951 sqft on the 16th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views . It last sold on 24 February 2023 for AED 2,075,000, or AED 2,181 per sqft, 11% below the AED 2,460 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, May 2019: AED 1,506,888 (AED 1,581 per sqft)Sold, February 2023: AED 2,075,000 (AED 2,181 per sqft)

1606 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, each contractTypical two-bed in Burj Royale
180K200K20232024202520262027Typical rent by year: 2023 AED 185,000; 2024 AED 200,000; 2025 AED 197,250; 2026 AED 170,000

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 1606 sits

All 304 2-beds →

1606 last sold in February 2023 at AED 2,181 per sqft, 11% below what two-beds in Burj Royale were fetching at the time (AED 2,460). 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.

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 16th floor

All 602 units in Burj Royale
Value
16012-bedAED 3.8M · May 2023
16022-bedAED 3.6M · Oct 2024
16032-bedAED 1.9M · Jul 2019
16041-bedAED 1.06M · Jun 2019
16051-bedAED 984K · Jan 2022
16072-bedAED 2.2M · Jan 2023
16081-bedAED 1.68M · Jan 2023
1–7 of 11

1606, Burj Royale in numbers

  • Sold twice: first on 26 May 2019 for AED 1,506,888, last on 24 February 2023 for AED 2,075,000 (AED 2,181 per sqft).
  • 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 24 February 2023.

Questions about 1606, Burj Royale

What did unit 1606 last sell for?

AED 2,075,000 on 24 February 2023: AED 2,181 per sqft for 951 sqft. The unit has 2 registered sales; the first was AED 1,506,888 in May 2019.

How big is unit 1606?

951 sqft (88.4 sqm): a two-bedroom apartment on the 16th floor of a 52-storey tower completed in 2022.

What is unit 1606 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 1606, Burj Royale

Starts from the last sale price (AED 2.08M, 24 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,075,000
Deposit, UAE resident (20%)
AED 415,000
Deposit, non-resident (40%)
AED 830,000
Monthly over 25 years at 3.7%
AED 8,489

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