301, Royal Bay
Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Royal Bay
What is 301 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 874 sqft
- Floor
- 3rd of 9
- Parking
- B-17
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 18,300 /yr
- Last sold
- AED 1.98M · March 2017
- Building
- Royal Bay
About 301, Royal Bay
301 is a one-bedroom hotel apartment of 874 sqft on the 3rd floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 22 March 2017 for AED 1,980,000, or AED 2,266 per sqft, in line with the AED 2,280 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 109,108 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 18,300 a year.
Sales and rents for 301 over time
301 has sold once; the dashed line is the one-bed median of each year in the building.
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 301 sits
All 58 1-beds →301 last sold in March 2017 at AED 2,266 per sqft, in line with what one-beds in Royal Bay were fetching at the time (AED 2,280). 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. 301's AED 109,108 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 1,070 sqft | 2,230,560 | 2,084 | ||
| 14 Jul 202614 July 2026 | 1,071 sqft | 1,962,585 | 1,832 | ||
| 4 May 20264 May 2026 | 796 sqft | 2,000,000 | 2,512 | ||
| 24 Feb 202624 February 2026 | 1,111 sqft | 3,278,991 | 2,951 |
Royal Bay
Building90 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%
Other units on the 3rd floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 1-bed | 943 sqft | AED 2.17MAED 2,174,186 · Apr 2017April 2017 | ||
| 303 | 2-bed | 1,633 sqft | AED 3.23MAED 3,231,590 · Feb 2024February 2024 | 165,000 /yr | |
| 304 | 1-bed | 791 sqft | AED 1.7MAED 1,700,000 · Jun 2025June 2025 | 115,000 /yr | |
| 305 | 1-bed | 981 sqft | AED 2.22MAED 2,217,077 · Jan 2017January 2017 | 137,200 /yr | |
| 306 | 1-bed | 851 sqft | AED 2MAED 2,000,000 · Aug 2025August 2025 | 115,000 /yr | |
| 307 | 1-bed | 1,125 sqft | AED 2.15MAED 2,150,000 · Oct 2024October 2024 | 130,000 /yr | |
| 308 | 2-bed | 1,481 sqft | AED 3.6MAED 3,600,000 · Dec 2025December 2025 | ||
| 309 | 2-bed | 1,494 sqft | AED 3.4MAED 3,400,000 · Jan 2025January 2025 | 170,000 /yr | |
| 310 | 1-bed | 1,111 sqft | AED 3.35MAED 3,353,520 · Jul 2024July 2024 | 130,000 /yr | |
| 311 | 2-bed | 1,442 sqft | AED 3.47MAED 3,472,964 · Jul 2017July 2017 | 180,000 /yr |
301, Royal Bay in numbers
- Sold once: by Azizi Developments on 22 March 2017 for AED 1,980,000, or AED 2,266 per sqft.
- Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2020 and recovered to AED 109,108 by October 2024.
- At AED 109,108 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 18,300 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 15 October 2024.
Questions about 301, Royal Bay
What did unit 301 last sell for?
AED 1,980,000 on 22 March 2017, sold by the developer: AED 2,266 per sqft for 874 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 109,108 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 94,875; the unit has been rented since August 2018.
How big is unit 301?
874 sqft (81.2 sqm): a one-bedroom hotel apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit 301 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 301, Royal Bay
Starts from the last sale price (AED 1.98M, 22 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,980,000
- Deposit, UAE resident (20%)
- AED 396,000
- Deposit, non-resident (40%)
- AED 792,000
- Monthly over 25 years at 3.7%
- AED 8,101
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →