2-bed · 1,001 sqftBurj Royale, Downtown Dubai · 45th floor · completed 2022

4505, Burj Royale

Sold prices and rental history: sold 3 times, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4505 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 3.02M23 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, Burj Royale

What is 4505 worth today?

Last sold for AED 3,020,000 in 2024

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23 Sep 2024SoldReady
AED 3,020,000AED 3,015 per sqft
8 Mar 2024SoldReady
AED 1,500,000AED 1,497 per sqft
19 May 2019Sold by developerOff-plan
AED 1,613,888AED 1,603 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
2-bed apartment
Size
1,001 sqft
Floor
45th of 52
Parking
P2-136
Developer
Old Town Views
Completed
2022
Last sold
AED 3.02M · September 2024
Building
Burj Royale

About 4505, Burj Royale

4505 is a two-bedroom apartment of 1,001 sqft on the 45th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views . It last sold on 23 September 2024 for AED 3,020,000, or AED 3,015 per sqft, 15% below the AED 3,556 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4505 over time

Sales
Unit 4505, 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 1,613,888 (AED 1,603 per sqft)Sold, March 2024: AED 1,500,000 (AED 1,497 per sqft)Sold, September 2024: AED 3,020,000 (AED 3,015 per sqft)

4505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4505, 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 4505 sits

All 304 2-beds →

4505 last sold in September 2024 at AED 3,015 per sqft, 15% below what two-beds in Burj Royale were fetching at the time (AED 3,556). 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 45th floor

All 602 units in Burj Royale
Value
45012-bedAED 2.26M · Mar 2022
45023-bedAED 3.14M · Sep 2021
45031-bedAED 1.67M · Mar 2022
45041-bedAED 1.74M · Jun 2023
45062-bedAED 1.45M · Jul 2021
45071-bedAED 1.95M · Jun 2025
45081-bedAED 1.11M · May 2019
1–7 of 10

4505, Burj Royale in numbers

  • Sold 3 times: first on 19 May 2019 for AED 1,613,888, last on 23 September 2024 for AED 3,020,000 (AED 3,015 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 23 September 2024.

Questions about 4505, Burj Royale

What did unit 4505 last sell for?

AED 3,020,000 on 23 September 2024: AED 3,015 per sqft for 1,001 sqft. The unit has 3 registered sales; the first was AED 1,613,888 in May 2019.

How big is unit 4505?

1,001 sqft (93.0 sqm): a two-bedroom apartment on the 45th floor of a 52-storey tower completed in 2022.

What is unit 4505 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 4505, Burj Royale

Starts from the last sale price (AED 3.02M, 23 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,020,000
Deposit, UAE resident (20%)
AED 604,000
Deposit, non-resident (40%)
AED 1,208,000
Monthly over 25 years at 3.7%
AED 12,356

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