2-bed · 1,045 sqftBurj Royale, Downtown Dubai · 5th floor · completed 2022

511, Burj Royale

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

Unit 511 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 3.1M5 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Burj Royale

What is 511 worth today?

Last sold for AED 3,100,000 in 2023

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5 Jun 2023SoldReady
AED 3,100,000AED 2,967 per sqft
6 Sep 2021Sold by developerOff-plan
AED 1,749,888AED 1,685 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
2-bed apartment
Size
1,045 sqft
Floor
5th of 52
Parking
P2-125
Developer
Old Town Views
Completed
2022
Last sold
AED 3.1M · June 2023
Building
Burj Royale

About 511, Burj Royale

511 is a two-bedroom apartment of 1,045 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 5 June 2023 for AED 3,100,000, or AED 2,967 per sqft, 9% above the AED 2,728 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, 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, September 2021: AED 1,749,888 (AED 1,685 per sqft)Sold, June 2023: AED 3,100,000 (AED 2,967 per sqft)

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

Rents
Unit 511, 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 511 sits

All 304 2-beds →

511 last sold in June 2023 at AED 2,967 per sqft, 9% above what two-beds in Burj Royale were fetching at the time (AED 2,728). 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 5th floor

All 602 units in Burj Royale
Value
5012-bedAED 2.21M · May 2022
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
1–7 of 12

511, Burj Royale in numbers

  • Sold twice: first on 6 September 2021 for AED 1,749,888, last on 5 June 2023 for AED 3,100,000 (AED 2,967 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 5 June 2023.

Questions about 511, Burj Royale

What did unit 511 last sell for?

AED 3,100,000 on 5 June 2023: AED 2,967 per sqft for 1,045 sqft. The unit has 2 registered sales; the first was AED 1,749,888 in September 2021.

How big is unit 511?

1,045 sqft (97.1 sqm): a two-bedroom apartment on the 5th floor of a 52-storey tower completed in 2022.

What is unit 511 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 511, Burj Royale

Starts from the last sale price (AED 3.1M, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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