1-bed · 631 sqftBurj Royale, Downtown Dubai · 7th floor · completed 2022

708, Burj Royale

Sold prices and rental history: sold twice, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 1.04M11 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Burj Royale

What is 708 worth today?

Last sold for AED 1,040,000 in 2022

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11 May 2022SoldOff-plan
AED 1,040,000AED 1,648 per sqft
24 Mar 2019Sold by developerOff-plan
AED 1,047,888AED 1,661 per sqft

Source: Dubai Land Department. Updated 11 May 2022.

Key facts

Type
1-bed apartment
Size
631 sqft
Floor
7th of 52
Parking
1
Developer
Old Town Views
Completed
2022
Last sold
AED 1.04M · May 2022
Building
Burj Royale

About 708, Burj Royale

708 is a one-bedroom apartment of 631 sqft on the 7th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views . It last sold on 11 May 2022 for AED 1,040,000, or AED 1,648 per sqft, 4% below the AED 1,712 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Burj Royale
1M1.5M2M20192021202320252027Typical sale price by year: 2019 AED 1,046,888; 2020 AED 1,035,888; 2021 AED 1,023,888; 2022 AED 1,375,000; 2023 AED 1,600,000; 2024 AED 1,917,500; 2025 AED 2,010,000; 2026 AED 1,950,000Sold by developer, March 2019: AED 1,047,888 (AED 1,661 per sqft)Sold, May 2022: AED 1,040,000 (AED 1,648 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Burj Royale
105K110K115K20232024202520262027Typical rent by year: 2023 AED 110,000; 2024 AED 115,000; 2025 AED 115,000; 2026 AED 105,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Burj Royale, and where 708 sits

All 237 1-beds →

708 last sold in May 2022 at AED 1,648 per sqft, 4% below what one-beds in Burj Royale were fetching at the time (AED 1,712). Over the last 12 months one-beds sold for AED 1,600,000 to 2,200,000, around AED 3,113 per sqft, and rent for AED 80,000 to 142,500 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 20261,600,000
21 Oct 20261,600,000
18 Aug 20261,950,000
6 Jul 20261,800,000
14 1-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 7th floor

All 602 units in Burj Royale
Value
7012-bedAED 2.13M · Feb 2022
7022-bedAED 1.72M · May 2019
7032-bedAED 1.8M · Mar 2022
7041-bedAED 1.04M · Jun 2019
7051-bedAED 953K · Oct 2021
7061-bedAED 1.83M · Oct 2023
7071-bedAED 1.1M · Apr 2022
1–7 of 12

708, Burj Royale in numbers

  • Sold twice: first on 24 March 2019 for AED 1,047,888, last on 11 May 2022 for AED 1,040,000 (AED 1,648 per sqft).
  • One-beds in Burj Royale sold for AED 1,600,000–2,200,000 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 11 May 2022.

Questions about 708, Burj Royale

What did unit 708 last sell for?

AED 1,040,000 on 11 May 2022: AED 1,648 per sqft for 631 sqft. The unit has 2 registered sales; the first was AED 1,047,888 in March 2019.

How big is unit 708?

631 sqft (58.6 sqm): a one-bedroom apartment on the 7th floor of a 52-storey tower completed in 2022.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Royale sold for AED 1,600,000 to 2,200,000 in the last 12 months, around AED 3,113 per sqft.

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Mortgage on 708, Burj Royale

Starts from the last sale price (AED 1.04M, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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