1-bed · 1,014 sqftRoyal Bay, Palm Jumeirah · 1st floor · completed 2017

102, Royal Bay

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

Unit 102 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 2.01M14 November 2022
Current rentAED 135K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Royal Bay

What is 102 worth today?

Last sold for AED 2,005,000 in 2022

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5 Feb 2026RentedRenewal
AED 135,000/yr12 months · AED 133 per sqft
5 Feb 2026RentedRenewal
AED 135,000/yr12 months · AED 133 per sqft
5 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 133 per sqft
5 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 133 per sqft
29 Jan 2024RentedNew contract
AED 117,000/yr12 months · AED 116 per sqft
14 Nov 2022SoldReady
AED 2,005,000AED 1,978 per sqft
8 Jul 2021Sold by developerReady
AED 1,478,125AED 1,458 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
1-bed hotel apartment
Size
1,014 sqft
Floor
1st of 9
Parking
B-74
Developer
Azizi Developments
Completed
2017
Service charge
AED 21,200 /yr
Last sold
AED 2.01M · November 2022
Building
Royal Bay

About 102, Royal Bay

102 is a one-bedroom hotel apartment of 1,014 sqft on the 1st floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 14 November 2022 for AED 2,005,000, or AED 1,978 per sqft, 9% above the AED 1,822 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 5 February 2026, is AED 135,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 21,200 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical one-bed in Royal Bay
1.5M2M2016201920222025Typical sale price by year: 2016 AED 2,151,621; 2017 AED 2,185,238; 2021 AED 1,398,547; 2022 AED 1,581,400; 2023 AED 1,950,000; 2024 AED 1,827,450; 2025 AED 1,950,000; 2026 AED 2,115,280Sold by developer, July 2021: AED 1,478,125 (AED 1,458 per sqft)Sold, November 2022: AED 2,005,000 (AED 1,978 per sqft)

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

Rents
Unit 102, each contractTypical one-bed in Royal Bay
100K2018202120242027Typical rent by year: 2018 AED 111,250; 2019 AED 97,500; 2020 AED 70,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 110,250; 2024 AED 118,500; 2025 AED 120,000; 2026 AED 115,000New contract, January 2024: AED 117,000 a yearNew contract, February 2025: AED 135,000 a yearNew contract, February 2025: AED 135,000 a yearRenewal, February 2026: AED 135,000 a yearRenewal, February 2026: AED 135,000 a year

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

1-beds in Royal Bay, and where 102 sits

All 58 1-beds →

102 last sold in November 2022 at AED 1,978 per sqft, 9% above what one-beds in Royal Bay were fetching at the time (AED 1,822). Over the last 12 months one-beds sold for AED 1,962,585 to 3,278,991, around AED 2,298 per sqft, and rent for AED 85,000 to 150,000 a year. 102's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20262,230,560
14 Jul 20261,962,585
4 May 20262,000,000
24 Feb 20263,278,991
4 1-bed sales in the last 12 months

Royal Bay

Building

90 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2017 by Azizi Developments. 8 sold in the last 12 months.

Typical price per sqft
AED 2,245
Typical sale
AED 2.8M
Typical rent
AED 118K /yr
Typical yield
5.4%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 90 units in Royal Bay
Value
1011-bedAED 1.26M · May 2024
1031-bedAED 1.96M · Jul 2026
1041-bedAED 2M · May 2026
1051-bedAED 1.57M · Apr 2024
1061-bedAED 1.75M · Jun 2025
1071-bedAED 2.4M · Aug 2016
1082-bedAED 3.3M · Jan 2017
1–7 of 10

102, Royal Bay in numbers

  • Sold twice: first on 8 July 2021 for AED 1,478,125, last on 14 November 2022 for AED 2,005,000 (AED 1,978 per sqft).
  • Rented since January 2024 on 5 Ejari contracts, from AED 117,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 21,200 a year (AED 20.94 per sqft).
  • One-beds in Royal Bay sold for AED 1,962,585–3,278,991 in the 12 months to November 2026; the building's median across all types is AED 2,245 per sqft.

Source: Dubai Land Department. Updated 5 February 2026.

Questions about 102, Royal Bay

What did unit 102 last sell for?

AED 2,005,000 on 14 November 2022: AED 1,978 per sqft for 1,014 sqft. The unit has 2 registered sales; the first was AED 1,478,125 in July 2021.

What is the rent for unit 102?

AED 135,000 a year on the contract renewed on 5 February 2026. The previous contract, from February 2026, was AED 135,000; the unit has been rented since January 2024.

How big is unit 102?

1,014 sqft (94.2 sqm): a one-bedroom hotel apartment on the 1st floor of a 9-storey tower completed in 2017.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Royal Bay sold for AED 1,962,585 to 3,278,991 in the last 12 months, around AED 2,298 per sqft.

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Mortgage on 102, Royal Bay

Starts from the last sale price (AED 2.01M, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,005,000
Deposit, UAE resident (20%)
AED 401,000
Deposit, non-resident (40%)
AED 802,000
Monthly over 25 years at 3.7%
AED 8,203

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