306, Royal Bay
Sold prices and rental history: sold 4 times, last in August 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Royal Bay
What is 306 worth today?
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Source: Dubai Land Department. Updated 8 September 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 851 sqft
- Floor
- 3rd of 9
- Parking
- B-38
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 17,800 /yr
- Last sold
- AED 2M · August 2025
- Building
- Royal Bay
About 306, Royal Bay
306 is a one-bedroom hotel apartment of 851 sqft on the 3rd floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 6 August 2025 for AED 2,000,000, or AED 2,351 per sqft, 12% above the AED 2,104 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 8 September 2026, is AED 115,000 a year: a gross yield of 5.8% on the 2025 price, before the service charge of about AED 17,800 a year.
Sales and rents for 306 over time
306 has sold 4 times; 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 306 sits
All 58 1-beds →306 last sold in August 2025 at AED 2,351 per sqft, 12% above what one-beds in Royal Bay were fetching at the time (AED 2,104). 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. 306's AED 115,000 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 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 | ||
| 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 | |
| 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 |
306, Royal Bay in numbers
- Sold 4 times: first on 14 July 2016 for AED 1,750,000, last on 6 August 2025 for AED 2,000,000 (AED 2,351 per sqft).
- Rented since September 2024 on 3 Ejari contracts, from AED 130,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2025 price is 5.8%, before a service charge of about AED 17,800 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 8 September 2026.
Questions about 306, Royal Bay
What did unit 306 last sell for?
AED 2,000,000 on 6 August 2025: AED 2,351 per sqft for 851 sqft. The unit has 4 registered sales; the first was AED 1,750,000 in July 2016.
What is the rent for unit 306?
AED 115,000 a year on the contract renewed on 8 September 2026. The previous contract, from September 2025, was AED 130,000; the unit has been rented since September 2024.
How big is unit 306?
851 sqft (79.1 sqm): a one-bedroom hotel apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit 306 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 306, Royal Bay
Starts from the last sale price (AED 2M, 6 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →