1-bed · 862 sqftRoyal Bay, Palm Jumeirah · 4th floor · completed 2017

401, Royal Bay

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 27 August 2026
Last soldAED 1.82M8 December 2016
Current rentAED 95K /yr27 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Royal Bay

What is 401 worth today?

Last sold for AED 1,823,086 in 2016

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27 Aug 2026RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
5 Dec 2025RentedRenewal
AED 115,000/yr12 months · AED 134 per sqft
5 Dec 2024RentedRenewal
AED 115,000/yr12 months · AED 134 per sqft
5 Dec 2023RentedNew contract
AED 110,000/yr12 months · AED 128 per sqft
5 Dec 2022RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
19 Nov 2021RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
19 Nov 2020RentedNew contract
AED 68,000/yr12 months · AED 79 per sqft
1 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type
1-bed hotel apartment
Size
862 sqft
Floor
4th of 9
Parking
B-27
Developer
Azizi Developments
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 1.82M · December 2016
Building
Royal Bay

About 401, Royal Bay

401 is a one-bedroom hotel apartment of 862 sqft on the 4th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 8 December 2016 for AED 1,823,086, or AED 2,115 per sqft, 5% below the AED 2,230 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 27 August 2026, is AED 95,000 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 18,000 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Royal Bay
1.5M2M2016201920222025Typical 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, December 2016: AED 1,823,086 (AED 2,115 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Royal Bay
75K100K125K2018202120242027Typical 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, June 2018: AED 85,000 a yearRenewal, June 2019: AED 90,000 a yearNew contract, August 2020: AED 70,000 a yearNew contract, November 2020: AED 68,000 a yearNew contract, November 2021: AED 70,000 a yearNew contract, December 2022: AED 95,000 a yearNew contract, December 2023: AED 110,000 a yearRenewal, December 2024: AED 115,000 a yearRenewal, December 2025: AED 115,000 a yearNew contract, August 2026: AED 95,000 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 401 sits

All 58 1-beds →

401 last sold in December 2016 at AED 2,115 per sqft, 5% below what one-beds in Royal Bay were fetching at the time (AED 2,230). 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. 401's AED 95,000 is in the lower 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 118K /yr
Typical yield
5.4%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 90 units in Royal Bay
Value
4021-bedAED 1.83M · Jul 2024
4032-bedAED 2.92M · Apr 2024
4041-bedAED 1.4M · Jun 2021
4051-bedAED 1.67M · Jul 2024
4061-bedAED 2.37M · Sep 2025
4071-bedAED 1.59M · May 2024
4082-bedAED 3.33M · Aug 2017
1–7 of 10

401, Royal Bay in numbers

  • Sold once: by Azizi Developments on 8 December 2016 for AED 1,823,086, or AED 2,115 per sqft.
  • Rented since June 2018 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 68,000 in 2020 and recovered to AED 95,000 by August 2026.
  • At AED 95,000 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 18,000 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 27 August 2026.

Questions about 401, Royal Bay

What did unit 401 last sell for?

AED 1,823,086 on 8 December 2016, sold by the developer: AED 2,115 per sqft for 862 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 95,000 a year on the contract signed on 27 August 2026. The previous contract, from December 2025, was AED 115,000; the unit has been rented since June 2018.

How big is unit 401?

862 sqft (80.1 sqm): a one-bedroom hotel apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit 401 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 401, Royal Bay

Starts from the last sale price (AED 1.82M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,823,086
Deposit, UAE resident (20%)
AED 364,617
Deposit, non-resident (40%)
AED 729,234
Monthly over 25 years at 3.7%
AED 7,459

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