2-bed · 1,475 sqftRoyal Bay, Palm Jumeirah · 2nd floor · completed 2017

208, Royal Bay

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 8 October 2026
Last soldAED 2.95M8 August 2016
Current rentAED 185K /yr8 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Royal Bay

What is 208 worth today?

Last sold for AED 2,950,000 in 2016

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8 Oct 2026RentedNew contract
AED 185,000/yr6 months · AED 125 per sqft
7 Jan 2026RentedNew contract
AED 210,000/yr12 months · AED 142 per sqft
7 Jan 2026RentedNew contract
AED 210,000/yr12 months · AED 142 per sqft
6 Jan 2023RentedRenewal
AED 137,500/yr12 months · AED 93 per sqft
6 Jan 2022RentedRenewal
AED 125,000/yr12 months · AED 85 per sqft
6 Jan 2021RentedNew contract
AED 117,000/yr12 months · AED 79 per sqft
16 Jun 2018RentedNew contract
AED 140,000/yr12 months · AED 95 per sqft
8 Aug 2016Sold by developerOff-plan
AED 2,950,000AED 1,999 per sqft

Source: Dubai Land Department. Updated 8 October 2026.

Key facts

Type
2-bed hotel apartment
Size
1,475 sqft
Floor
2nd of 9
Parking
B-37
Developer
Azizi Developments
Completed
2017
Service charge
AED 30,900 /yr
Last sold
AED 2.95M · August 2016
Building
Royal Bay

About 208, Royal Bay

208 is a two-bedroom hotel apartment of 1,475 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 8 August 2016 for AED 2,950,000, or AED 1,999 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 8 October 2026, is AED 185,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 30,900 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, August 2016: AED 2,950,000 (AED 1,999 per sqft)

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

Rents
Unit 208, 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 2018: AED 140,000 a yearNew contract, January 2021: AED 117,000 a yearRenewal, January 2022: AED 125,000 a yearRenewal, January 2023: AED 137,500 a yearNew contract, January 2026: AED 210,000 a yearNew contract, January 2026: AED 210,000 a yearNew contract, October 2026: AED 185,000 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 208 sits

All 30 2-beds →

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. 208's AED 185,000 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 2nd floor

All 90 units in Royal Bay
Value
2011-bedAED 1.65M · Jun 2019
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
1–7 of 10

208, Royal Bay in numbers

  • Sold once: by Azizi Developments on 8 August 2016 for AED 2,950,000, or AED 1,999 per sqft.
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 117,000 in 2021 and recovered to AED 185,000 by October 2026.
  • At AED 185,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 30,900 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 8 October 2026.

Questions about 208, Royal Bay

What did unit 208 last sell for?

AED 2,950,000 on 8 August 2016, sold by the developer: AED 1,999 per sqft for 1,475 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 185,000 a year on the contract signed on 8 October 2026. The previous contract, from January 2026, was AED 210,000; the unit has been rented since June 2018.

How big is unit 208?

1,475 sqft (137.0 sqm): a two-bedroom hotel apartment on the 2nd floor of a 9-storey tower completed in 2017.

What is unit 208 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 208, Royal Bay

Starts from the last sale price (AED 2.95M, 8 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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