2-bed · 1,424 sqftRoyal Bay, Palm Jumeirah · 2nd floor · completed 2017

209, Royal Bay

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

Unit 209 · DLD and Ejari recordsUpdated 18 May 2026
Last soldAED 3.2M2 November 2016
Current rentAED 180K /yr18 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Royal Bay

What is 209 worth today?

Last sold for AED 3,200,000 in 2016

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18 May 2026RentedNew contract
AED 180,000/yr12 months · AED 126 per sqft
1 Feb 2025RentedRenewal
AED 187,000/yr12 months · AED 131 per sqft
1 Feb 2025RentedRenewal
AED 187,000/yr12 months · AED 131 per sqft
1 Feb 2024RentedRenewal
AED 170,000/yr12 months · AED 119 per sqft
1 Feb 2023RentedRenewal
AED 132,300/yr12 months · AED 93 per sqft
1 Feb 2022RentedNew contract
AED 126,000/yr12 months · AED 88 per sqft
16 Nov 2020RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
12 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 18 May 2026.

Key facts

Type
2-bed hotel apartment
Size
1,424 sqft
Floor
2nd of 9
Parking
B-14
Developer
Azizi Developments
Completed
2017
Service charge
AED 29,800 /yr
Last sold
AED 3.2M · November 2016
Building
Royal Bay

About 209, Royal Bay

209 is a two-bedroom hotel apartment of 1,424 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 2 November 2016 for AED 3,200,000, or AED 2,246 per sqft, in line with the AED 2,246 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 18 May 2026, is AED 180,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 29,800 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, November 2016: AED 3,200,000 (AED 2,246 per sqft)

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

Rents
Unit 209, 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, October 2018: AED 120,000 a yearNew contract, November 2020: AED 100,000 a yearNew contract, February 2022: AED 126,000 a yearRenewal, February 2023: AED 132,300 a yearRenewal, February 2024: AED 170,000 a yearRenewal, February 2025: AED 187,000 a yearRenewal, February 2025: AED 187,000 a yearNew contract, May 2026: AED 180,000 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 209 sits

All 30 2-beds →

209 last sold in November 2016 at AED 2,246 per sqft, in line with what two-beds in Royal Bay were fetching at the time (AED 2,246). 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. 209's AED 180,000 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

209, Royal Bay in numbers

  • Sold once: by Azizi Developments on 2 November 2016 for AED 3,200,000, or AED 2,246 per sqft.
  • Rented since October 2018 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 100,000 in 2020 and recovered to AED 180,000 by May 2026.
  • At AED 180,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 29,800 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 18 May 2026.

Questions about 209, Royal Bay

What did unit 209 last sell for?

AED 3,200,000 on 2 November 2016, sold by the developer: AED 2,246 per sqft for 1,424 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 180,000 a year on the contract signed on 18 May 2026. The previous contract, from February 2025, was AED 187,000; the unit has been rented since October 2018.

How big is unit 209?

1,424 sqft (132.3 sqm): a two-bedroom hotel apartment on the 2nd floor of a 9-storey tower completed in 2017.

What is unit 209 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 209, Royal Bay

Starts from the last sale price (AED 3.2M, 2 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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