303, Royal Bay
Sold prices and rental history: sold once, by the developer in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Royal Bay
What is 303 worth today?
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Source: Dubai Land Department. Updated 30 June 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,633 sqft
- Floor
- 3rd of 9
- Parking
- B-19
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 34,200 /yr
- Last sold
- AED 3.23M · February 2024
- Building
- Royal Bay
About 303, Royal Bay
303 is a two-bedroom hotel apartment of 1,633 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 February 2024 for AED 3,231,590, or AED 1,978 per sqft, in line with the AED 2,033 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 30 June 2025, is AED 165,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 34,200 a year.
Sales and rents for 303 over time
303 has sold once; the dashed line is the two-bed median of each year in the building.
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 303 sits
All 30 2-beds →303 last sold in February 2024 at AED 1,978 per sqft, in line with what two-beds in Royal Bay were fetching at the time (AED 2,033). 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. 303's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,516 sqft | 2,800,000 | 1,846 | ||
| 7 Jan 20267 January 2026 | 1,633 sqft | 2,800,000 | 1,714 | ||
| 10 Dec 202510 December 2025 | 1,481 sqft | 3,600,000 | 2,430 | ||
| 10 Dec 202510 December 2025 | 1,475 sqft | 3,550,000 | 2,406 |
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 120K /yr
- Typical yield
- 5.4%
Other units on the 3rd floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 874 sqft | AED 1.98MAED 1,980,000 · Mar 2017March 2017 | 109,108 /yr | |
| 302 | 1-bed | 943 sqft | AED 2.17MAED 2,174,186 · Apr 2017April 2017 | ||
| 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 |
303, Royal Bay in numbers
- Sold once: by Azizi Developments on 22 February 2024 for AED 3,231,590, or AED 1,978 per sqft.
- Rented since August 2020 on 4 Ejari contracts, from AED 80,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 34,200 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 30 June 2025.
Questions about 303, Royal Bay
What did unit 303 last sell for?
AED 3,231,590 on 22 February 2024, sold by the developer: AED 1,978 per sqft for 1,633 sqft. It is the only registered sale of the unit.
What is the rent for unit 303?
AED 165,000 a year on the contract signed on 30 June 2025. The previous contract, from June 2025, was AED 165,000; the unit has been rented since August 2020.
How big is unit 303?
1,633 sqft (151.7 sqm): a two-bedroom hotel apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit 303 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 303, Royal Bay
Starts from the last sale price (AED 3.23M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,231,590
- Deposit, UAE resident (20%)
- AED 646,318
- Deposit, non-resident (40%)
- AED 1,292,636
- Monthly over 25 years at 3.7%
- AED 13,221
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →