1-bed · 899 sqftRoyal Bay, Palm Jumeirah · 4th floor · completed 2017

406, Royal Bay

Sold prices and rental history: sold once, by the developer in September 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 2.37M9 September 2025
Current rentAED 100K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Royal Bay

What is 406 worth today?

Last sold for AED 2,367,696 in 2025

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25 May 2026RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
17 Nov 2025RentedNew contract
AED 105,000/yr12 months · AED 117 per sqft
9 Sep 2025Sold by developerReady
AED 2,367,696AED 2,634 per sqft
19 May 2023RentedNew contract
AED 105,000/yr12 months · AED 117 per sqft
15 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 134 per sqft
15 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
1-bed hotel apartment
Size
899 sqft
Floor
4th of 9
Parking
B-32
Developer
Azizi Developments
Completed
2017
Service charge
AED 18,800 /yr
Last sold
AED 2.37M · September 2025
Building
Royal Bay

About 406, Royal Bay

406 is a one-bedroom hotel apartment of 899 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 9 September 2025 for AED 2,367,696, or AED 2,634 per sqft, 20% above the AED 2,189 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 May 2026, is AED 100,000 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 18,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, September 2025: AED 2,367,696 (AED 2,634 per sqft)

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

Rents
Unit 406, 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, November 2018: AED 120,000 a yearNew contract, November 2019: AED 120,000 a yearNew contract, May 2023: AED 105,000 a yearNew contract, November 2025: AED 105,000 a yearNew contract, May 2026: AED 100,000 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 406 sits

All 58 1-beds →

406 last sold in September 2025 at AED 2,634 per sqft, 20% above what one-beds in Royal Bay were fetching at the time (AED 2,189). 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. 406's AED 100,000 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
4041-bedAED 1.4M · Jun 2021
4051-bedAED 1.67M · Jul 2024
4071-bedAED 1.59M · May 2024
4082-bedAED 3.33M · Aug 2017
1–7 of 10

406, Royal Bay in numbers

  • Sold once: by Azizi Developments on 9 September 2025 for AED 2,367,696, or AED 2,634 per sqft.
  • Rented since November 2018 on 5 Ejari contracts, from AED 120,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 18,800 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 25 May 2026.

Questions about 406, Royal Bay

What did unit 406 last sell for?

AED 2,367,696 on 9 September 2025, sold by the developer: AED 2,634 per sqft for 899 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 100,000 a year on the contract signed on 25 May 2026. The previous contract, from November 2025, was AED 105,000; the unit has been rented since November 2018.

How big is unit 406?

899 sqft (83.5 sqm): a one-bedroom hotel apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit 406 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 406, Royal Bay

Starts from the last sale price (AED 2.37M, 9 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,367,696
Deposit, UAE resident (20%)
AED 473,539
Deposit, non-resident (40%)
AED 947,078
Monthly over 25 years at 3.7%
AED 9,687

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