1-bed · 1,071 sqftRoyal Bay, Palm Jumeirah · 1st floor · completed 2017

103, Royal Bay

Sold prices and rental history: sold twice, last in July 2026, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 14 July 2026
Last soldAED 1.96M14 July 2026
Current rentAED 120K /yr28 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Royal Bay

What is 103 worth today?

Last sold for AED 1,962,585 in 2026

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14 Jul 2026SoldReady
AED 1,962,585AED 1,832 per sqft
15 Apr 2024Sold by developerReady
AED 1,829,657AED 1,708 per sqft
28 Feb 2024RentedNew contract
AED 120,000/yr12 months · AED 112 per sqft
15 Dec 2022RentedNew contract
AED 120,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 14 July 2026.

Key facts

Type
1-bed hotel apartment
Size
1,071 sqft
Floor
1st of 9
Parking
B-95
Developer
Azizi Developments
Completed
2017
Service charge
AED 22,400 /yr
Last sold
AED 1.96M · July 2026
Building
Royal Bay

About 103, Royal Bay

103 is a one-bedroom hotel apartment of 1,071 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 July 2026 for AED 1,962,585, or AED 1,832 per sqft, 27% below the AED 2,512 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 28 February 2024, is AED 120,000 a year: a gross yield of 6.1% on the 2026 price, before the service charge of about AED 22,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, April 2024: AED 1,829,657 (AED 1,708 per sqft)Sold, July 2026: AED 1,962,585 (AED 1,832 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Royal Bay
75K100K125K2018202120242027Typical 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, December 2022: AED 120,000 a yearNew contract, February 2024: AED 120,000 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 103 sits

All 58 1-beds →

103 last sold in July 2026 at AED 1,832 per sqft, 27% below what one-beds in Royal Bay were fetching at the time (AED 2,512). 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. 103's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20262,230,560
4 May 20262,000,000
24 Feb 20263,278,991
9 Sep 20252,367,696
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 120K /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
1021-bedAED 2.01M · Nov 2022
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

103, Royal Bay in numbers

  • Sold twice: first on 15 April 2024 for AED 1,829,657, last on 14 July 2026 for AED 1,962,585 (AED 1,832 per sqft).
  • Rented since December 2022 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2026 price is 6.1%, before a service charge of about AED 22,400 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 14 July 2026.

Questions about 103, Royal Bay

What did unit 103 last sell for?

AED 1,962,585 on 14 July 2026: AED 1,832 per sqft for 1,071 sqft. The unit has 2 registered sales; the first was AED 1,829,657 in April 2024.

What is the rent for unit 103?

AED 120,000 a year on the contract signed on 28 February 2024. The previous contract, from December 2022, was AED 120,000.

How big is unit 103?

1,071 sqft (99.5 sqm): a one-bedroom hotel apartment on the 1st floor of a 9-storey tower completed in 2017.

What is unit 103 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 103, Royal Bay

Starts from the last sale price (AED 1.96M, 14 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,962,585
Deposit, UAE resident (20%)
AED 392,517
Deposit, non-resident (40%)
AED 785,034
Monthly over 25 years at 3.7%
AED 8,030

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