2-bed · 1,077 sqftBurj Royale, Downtown Dubai · 5th floor · completed 2022

501, Burj Royale

Sold prices and rental history: sold twice, last in May 2022, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 2.21M13 May 2022
Current rentAED 187K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Burj Royale

What is 501 worth today?

Last sold for AED 2,213,500 in 2022

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20 Nov 2024RentedRenewal
AED 187,000/yr12 months · AED 175 per sqft
13 May 2022SoldOff-plan
AED 2,213,500AED 2,055 per sqft
25 Jun 2020Sold by developerOff-plan
AED 1,758,888AED 1,633 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed apartment
Size
1,077 sqft
Floor
5th of 52
Parking
1
Developer
Old Town Views
Completed
2022
Last sold
AED 2.21M · May 2022
Building
Burj Royale

About 501, Burj Royale

501 is a two-bedroom apartment of 1,077 sqft on the 5th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views . It last sold on 13 May 2022 for AED 2,213,500, or AED 2,055 per sqft, 4% above the AED 1,968 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2024. The current contract, renewed on 20 November 2024, is AED 187,000 a year: a gross yield of 8.5% on the 2022 price.

Sales and rents for 501 over time

Sales
Unit 501, 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, June 2020: AED 1,758,888 (AED 1,633 per sqft)Sold, May 2022: AED 2,213,500 (AED 2,055 per sqft)

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

Rents
Unit 501, 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 170,000Renewal, November 2024: AED 187,000 a year

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 501 sits

All 304 2-beds →

501 last sold in May 2022 at AED 2,055 per sqft, 4% above what two-beds in Burj Royale were fetching at the time (AED 1,968). 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. 501's AED 187,000 is in the lower half of that range.

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 5th floor

All 602 units in Burj Royale
Value
5022-bedAED 4.2M · Jun 2025
5032-bedAED 2.1M · Sep 2022
5041-bedAED 1.95M · Jun 2026
5051-bedAED 2.1M · Jan 2025
5061-bedAED 1.07M · May 2019
5071-bedAED 1.01M · May 2019
5081-bedAED 1.95M · Aug 2024
1–7 of 12

501, Burj Royale in numbers

  • Sold twice: first on 25 June 2020 for AED 1,758,888, last on 13 May 2022 for AED 2,213,500 (AED 2,055 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 187,000 a year.
  • At AED 187,000 a year the gross yield on the 2022 price is 8.5%.
  • 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 November 2024.

Questions about 501, Burj Royale

What did unit 501 last sell for?

AED 2,213,500 on 13 May 2022: AED 2,055 per sqft for 1,077 sqft. The unit has 2 registered sales; the first was AED 1,758,888 in June 2020.

What is the rent for unit 501?

AED 187,000 a year on the contract renewed on 20 November 2024.

How big is unit 501?

1,077 sqft (100.1 sqm): a two-bedroom apartment on the 5th floor of a 52-storey tower completed in 2022.

What is unit 501 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 501, Burj Royale

Starts from the last sale price (AED 2.21M, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,213,500
Deposit, UAE resident (20%)
AED 442,700
Deposit, non-resident (40%)
AED 885,400
Monthly over 25 years at 3.7%
AED 9,056

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