309, Royal Bay
Sold prices and rental history: sold twice, last in January 2025, 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 309, Royal Bay
What is 309 worth today?
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Source: Dubai Land Department. Updated 17 August 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,494 sqft
- Floor
- 3rd of 9
- Parking
- B-24
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3.4M · January 2025
- Building
- Royal Bay
About 309, Royal Bay
309 is a two-bedroom hotel apartment of 1,494 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 January 2025 for AED 3,400,000, or AED 2,276 per sqft, 15% above the AED 1,978 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 17 August 2026, is AED 170,000 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 31,300 a year.
Sales and rents for 309 over time
309 has sold twice; 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 309 sits
All 30 2-beds →309 last sold in January 2025 at AED 2,276 per sqft, 15% above what two-beds in Royal Bay were fetching at the time (AED 1,978). 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. 309's AED 170,000 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 118K /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 | |
| 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 | ||
| 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 |
309, Royal Bay in numbers
- Sold twice: first on 17 July 2017 for AED 3,297,420, last on 6 January 2025 for AED 3,400,000 (AED 2,276 per sqft).
- Rented since May 2018 on 9 Ejari contracts, from AED 100,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 31,300 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 17 August 2026.
Questions about 309, Royal Bay
What did unit 309 last sell for?
AED 3,400,000 on 6 January 2025: AED 2,276 per sqft for 1,494 sqft. The unit has 2 registered sales; the first was AED 3,297,420 in July 2017.
What is the rent for unit 309?
AED 170,000 a year on the contract renewed on 17 August 2026. The previous contract, from August 2025, was AED 170,000; the unit has been rented since May 2018.
How big is unit 309?
1,494 sqft (138.8 sqm): a two-bedroom hotel apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit 309 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 309, Royal Bay
Starts from the last sale price (AED 3.4M, 6 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →