2-bed · 1,494 sqftRoyal Bay, Palm Jumeirah · 1st floor · completed 2017

109, Royal Bay

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 3.3M19 February 2025
Current rentAED 189K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Royal Bay

What is 109 worth today?

Last sold for AED 3,300,000 in 2025

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1 Aug 2026RentedRenewal
AED 189,000/yr12 months · AED 127 per sqft
1 Aug 2025RentedNew contract
AED 189,000/yr12 months · AED 127 per sqft
1 Aug 2025RentedNew contract
AED 189,000/yr12 months · AED 127 per sqft
19 Feb 2025SoldReady
AED 3,300,000AED 2,209 per sqft
9 Mar 2022SoldReady
AED 2,500,000AED 1,673 per sqft
20 Jun 2020RentedNew contract
AED 98,000/yr12 months · AED 66 per sqft
29 Mar 2017Sold by developerOff-plan
AED 3,358,106AED 2,248 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed hotel apartment
Size
1,494 sqft
Floor
1st of 9
Parking
B-4
Developer
Azizi Developments
Completed
2017
Service charge
AED 31,300 /yr
Last sold
AED 3.3M · February 2025
Building
Royal Bay

About 109, Royal Bay

109 is a two-bedroom hotel apartment of 1,494 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 19 February 2025 for AED 3,300,000, or AED 2,209 per sqft, 12% above the AED 1,979 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 189,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 31,300 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical two-bed in Royal Bay
2M3M2016201920222025Typical sale price by year: 2016 AED 3,398,435; 2017 AED 3,433,059; 2019 AED 3,184,600; 2022 AED 2,175,000; 2024 AED 2,961,180; 2025 AED 3,475,000Sold by developer, March 2017: AED 3,358,106 (AED 2,248 per sqft)Sold, March 2022: AED 2,500,000 (AED 1,673 per sqft)Sold, February 2025: AED 3,300,000 (AED 2,209 per sqft)

109 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 109, each contractTypical two-bed in Royal Bay
100K150K200K2018202120242027Typical rent by year: 2018 AED 135,000; 2019 AED 127,500; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 135,000; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 165,000; 2026 AED 182,500New contract, June 2020: AED 98,000 a yearNew contract, August 2025: AED 189,000 a yearNew contract, August 2025: AED 189,000 a yearRenewal, August 2026: AED 189,000 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 Royal Bay, and where 109 sits

All 30 2-beds →

109 last sold in February 2025 at AED 2,209 per sqft, 12% above what two-beds in Royal Bay were fetching at the time (AED 1,979). Over the last 12 months two-beds sold for AED 2,800,000 to 3,600,000, around AED 2,126 per sqft, and rent for AED 135,000 to 210,000 a year. 109's AED 189,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Mar 20262,800,000
7 Jan 20262,800,000
10 Dec 20253,600,000
10 Dec 20253,550,000
4 2-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
1021-bedAED 2.01M · Nov 2022
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
1–7 of 10

109, Royal Bay in numbers

  • Sold 3 times: first on 29 March 2017 for AED 3,358,106, last on 19 February 2025 for AED 3,300,000 (AED 2,209 per sqft).
  • Rented since June 2020 on 4 Ejari contracts, from AED 98,000 to AED 189,000 a year.
  • At AED 189,000 a year the gross yield on the 2025 price is 5.7%, before a service charge of about AED 31,300 a year (AED 20.94 per sqft).
  • Two-beds in Royal Bay sold for AED 2,800,000–3,600,000 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 1 August 2026.

Questions about 109, Royal Bay

What did unit 109 last sell for?

AED 3,300,000 on 19 February 2025: AED 2,209 per sqft for 1,494 sqft. The unit has 3 registered sales; the first was AED 3,358,106 in March 2017.

What is the rent for unit 109?

AED 189,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 189,000; the unit has been rented since June 2020.

How big is unit 109?

1,494 sqft (138.8 sqm): a two-bedroom hotel apartment on the 1st floor of a 9-storey tower completed in 2017.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Royal Bay sold for AED 2,800,000 to 3,600,000 in the last 12 months, around AED 2,126 per sqft.

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Mortgage on 109, Royal Bay

Starts from the last sale price (AED 3.3M, 19 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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