1-bed · 862 sqftRoyal Bay, Palm Jumeirah · 2nd floor · completed 2017

201, Royal Bay

Sold prices and rental history: sold once, by the developer in June 2019, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 28 October 2023
Last soldAED 1.65M23 June 2019
Current rentAED 110K /yr28 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Royal Bay

What is 201 worth today?

Last sold for AED 1,652,800 in 2019

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28 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 128 per sqft
1 Sep 2020RentedRenewal
AED 65,000/yr12 months · AED 75 per sqft
1 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
23 Jun 2019Sold by developerReady
AED 1,652,800AED 1,917 per sqft

Source: Dubai Land Department. Updated 28 October 2023.

Key facts

Type
1-bed hotel apartment
Size
862 sqft
Floor
2nd of 9
Parking
B-7
Developer
Azizi Developments
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 1.65M · June 2019
Building
Royal Bay

About 201, Royal Bay

201 is a one-bedroom hotel apartment of 862 sqft on the 2nd floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 23 June 2019 for AED 1,652,800, or AED 1,917 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 28 October 2023, is AED 110,000 a year: a gross yield of 6.7% on the 2019 price, before the service charge of about AED 18,000 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, June 2019: AED 1,652,800 (AED 1,917 per sqft)

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

Rents
Unit 201, 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, September 2019: AED 75,000 a yearRenewal, September 2020: AED 65,000 a yearNew contract, October 2023: AED 110,000 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 201 sits

All 58 1-beds →

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. 201's AED 110,000 is in the lower 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 2nd floor

All 90 units in Royal Bay
Value
2021-bedAED 2.23M · Aug 2026
2032-bedNo registered sale
2041-bedAED 1.65M · May 2025
2051-bedAED 1.67M · Jul 2024
2061-bedAED 1.45M · Jul 2022
2071-bedAED 1.84M · Aug 2024
2082-bedAED 2.95M · Aug 2016
1–7 of 10

201, Royal Bay in numbers

  • Sold once: by Azizi Developments on 23 June 2019 for AED 1,652,800, or AED 1,917 per sqft.
  • Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2020 and recovered to AED 110,000 by October 2023.
  • At AED 110,000 a year the gross yield on the 2019 price is 6.7%, before a service charge of about AED 18,000 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 28 October 2023.

Questions about 201, Royal Bay

What did unit 201 last sell for?

AED 1,652,800 on 23 June 2019, sold by the developer: AED 1,917 per sqft for 862 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 110,000 a year on the contract signed on 28 October 2023. The previous contract, from September 2020, was AED 65,000; the unit has been rented since September 2019.

How big is unit 201?

862 sqft (80.1 sqm): a one-bedroom hotel apartment on the 2nd floor of a 9-storey tower completed in 2017.

What is unit 201 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 201, Royal Bay

Starts from the last sale price (AED 1.65M, 23 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,652,800
Deposit, UAE resident (20%)
AED 330,560
Deposit, non-resident (40%)
AED 661,120
Monthly over 25 years at 3.7%
AED 6,762

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