1-bed · 1,125 sqftRoyal Bay, Palm Jumeirah · 3rd floor · completed 2017

307, Royal Bay

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 2.15M24 October 2024
Current rentAED 130K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Royal Bay

What is 307 worth today?

Last sold for AED 2,150,000 in 2024

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10 Apr 2026RentedRenewal
AED 130,000/yr12 months · AED 116 per sqft
10 Apr 2025RentedNew contract
AED 130,000/yr12 months · AED 116 per sqft
10 Apr 2025RentedNew contract
AED 130,000/yr12 months · AED 116 per sqft
24 Oct 2024SoldReady
AED 2,150,000AED 1,910 per sqft
1 Oct 2023RentedNew contract
AED 150,000/yr12 months · AED 133 per sqft
16 Oct 2017Sold by developerReady
AED 2,498,562AED 2,220 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
1-bed hotel apartment
Size
1,125 sqft
Floor
3rd of 9
Parking
B-22
Developer
Azizi Developments
Completed
2017
Service charge
AED 23,600 /yr
Last sold
AED 2.15M · October 2024
Building
Royal Bay

About 307, Royal Bay

307 is a one-bedroom hotel apartment of 1,125 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 24 October 2024 for AED 2,150,000, or AED 1,910 per sqft, 12% above the AED 1,708 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 130,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 23,600 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Royal Bay
1.5M2M2.5M2016201920222025Typical sale price by year: 2016 AED 2,151,621; 2017 AED 2,185,238; 2021 AED 1,398,547; 2022 AED 1,581,400; 2023 AED 1,950,000; 2024 AED 1,827,450; 2025 AED 1,950,000; 2026 AED 2,115,280Sold by developer, October 2017: AED 2,498,562 (AED 2,220 per sqft)Sold, October 2024: AED 2,150,000 (AED 1,910 per sqft)

307 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 307, each contractTypical one-bed in Royal Bay
100K150K2018202120242027Typical rent by year: 2018 AED 111,250; 2019 AED 97,500; 2020 AED 70,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 110,250; 2024 AED 118,500; 2025 AED 120,000; 2026 AED 115,000New contract, October 2023: AED 150,000 a yearNew contract, April 2025: AED 130,000 a yearNew contract, April 2025: AED 130,000 a yearRenewal, April 2026: AED 130,000 a year

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 307 sits

All 58 1-beds →

307 last sold in October 2024 at AED 1,910 per sqft, 12% above what one-beds in Royal Bay were fetching at the time (AED 1,708). 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. 307's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20262,230,560
14 Jul 20261,962,585
4 May 20262,000,000
24 Feb 20263,278,991
4 1-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 120K /yr
Typical yield
5.4%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 90 units in Royal Bay
Value
3011-bedAED 1.98M · Mar 2017
3021-bedAED 2.17M · Apr 2017
3032-bedAED 3.23M · Feb 2024
3041-bedAED 1.7M · Jun 2025
3051-bedAED 2.22M · Jan 2017
3061-bedAED 2M · Aug 2025
3082-bedAED 3.6M · Dec 2025
1–7 of 10

307, Royal Bay in numbers

  • Sold twice: first on 16 October 2017 for AED 2,498,562, last on 24 October 2024 for AED 2,150,000 (AED 1,910 per sqft).
  • Rented since October 2023 on 4 Ejari contracts, from AED 150,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 23,600 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 10 April 2026.

Questions about 307, Royal Bay

What did unit 307 last sell for?

AED 2,150,000 on 24 October 2024: AED 1,910 per sqft for 1,125 sqft. The unit has 2 registered sales; the first was AED 2,498,562 in October 2017.

What is the rent for unit 307?

AED 130,000 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 130,000; the unit has been rented since October 2023.

How big is unit 307?

1,125 sqft (104.5 sqm): a one-bedroom hotel apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit 307 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 307, Royal Bay

Starts from the last sale price (AED 2.15M, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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