1-bed · 821 sqftRoyal Bay, Palm Jumeirah · 4th floor · completed 2017

404, Royal Bay

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 3 January 2026
Last soldAED 1.4M24 June 2021
Current rentAED 115K /yr3 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Royal Bay

What is 404 worth today?

Last sold for AED 1,398,547 in 2021

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3 Jan 2026RentedRenewal
AED 115,000/yr12 months · AED 140 per sqft
3 Jan 2025RentedNew contract
AED 110,250/yr12 months · AED 134 per sqft
2 Jan 2024RentedRenewal
AED 105,000/yr12 months · AED 128 per sqft
2 Jan 2023RentedNew contract
AED 105,000/yr12 months · AED 128 per sqft
24 Jun 2021Sold by developerReady
AED 1,398,547AED 1,702 per sqft
15 Oct 2019RentedNew contract
AED 120,000/yr12 months · AED 146 per sqft
15 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 147 per sqft

Source: Dubai Land Department. Updated 3 January 2026.

Key facts

Type
1-bed hotel apartment
Size
821 sqft
Floor
4th of 9
Parking
B-30
Developer
Azizi Developments
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 1.4M · June 2021
Building
Royal Bay

About 404, Royal Bay

404 is a one-bedroom hotel apartment of 821 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 24 June 2021 for AED 1,398,547, or AED 1,702 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 115,000 a year: a gross yield of 8.2% on the 2021 price, before the service charge of about AED 17,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, June 2021: AED 1,398,547 (AED 1,702 per sqft)

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

Rents
Unit 404, 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, October 2018: AED 120,000 a yearNew contract, October 2019: AED 120,000 a yearNew contract, January 2023: AED 105,000 a yearRenewal, January 2024: AED 105,000 a yearNew contract, January 2025: AED 110,250 a yearRenewal, January 2026: AED 115,000 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 404 sits

All 58 1-beds →

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. 404's AED 115,000 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 120K /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
4011-bedAED 1.82M · Dec 2016
4021-bedAED 1.83M · Jul 2024
4032-bedAED 2.92M · Apr 2024
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

404, Royal Bay in numbers

  • Sold once: by Azizi Developments on 24 June 2021 for AED 1,398,547, or AED 1,702 per sqft.
  • Rented since October 2018 on 6 Ejari contracts, from AED 120,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2021 price is 8.2%, before a service charge of about AED 17,200 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 3 January 2026.

Questions about 404, Royal Bay

What did unit 404 last sell for?

AED 1,398,547 on 24 June 2021, sold by the developer: AED 1,702 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 115,000 a year on the contract renewed on 3 January 2026. The previous contract, from January 2025, was AED 110,250; the unit has been rented since October 2018.

How big is unit 404?

821 sqft (76.3 sqm): a one-bedroom hotel apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit 404 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 404, Royal Bay

Starts from the last sale price (AED 1.4M, 24 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,398,547
Deposit, UAE resident (20%)
AED 279,709
Deposit, non-resident (40%)
AED 559,419
Monthly over 25 years at 3.7%
AED 5,722

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