409, Royal Bay
Sold prices and rental history: sold once, by the developer in October 2016, 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 409, Royal Bay
What is 409 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,424 sqft
- Floor
- 4th of 9
- Parking
- B-35
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 29,800 /yr
- Last sold
- AED 3.2M · October 2016
- Building
- Royal Bay
About 409, Royal Bay
409 is a two-bedroom hotel apartment of 1,424 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 11 October 2016 for AED 3,200,000, or AED 2,246 per sqft, in line with the AED 2,246 two-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 October 2025, is AED 160,718 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 29,800 a year.
Sales and rents for 409 over time
409 has sold once; 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 409 sits
All 30 2-beds →409 last sold in October 2016 at AED 2,246 per sqft, in line with what two-beds in Royal Bay were fetching at the time (AED 2,246). 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. 409's AED 160,718 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 4th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 862 sqft | AED 1.82MAED 1,823,086 · Dec 2016December 2016 | 95,000 /yr | |
| 402 | 1-bed | 1,070 sqft | AED 1.83MAED 1,827,450 · Jul 2024July 2024 | 115,000 /yr | |
| 403 | 2-bed | 1,516 sqft | AED 2.92MAED 2,918,160 · Apr 2024April 2024 | 110,000 /yr | |
| 404 | 1-bed | 821 sqft | AED 1.4MAED 1,398,547 · Jun 2021June 2021 | 115,000 /yr | |
| 405 | 1-bed | 1,143 sqft | AED 1.67MAED 1,666,850 · Jul 2024July 2024 | 120,000 /yr | |
| 406 | 1-bed | 899 sqft | AED 2.37MAED 2,367,696 · Sep 2025September 2025 | 100,000 /yr | |
| 407 | 1-bed | 943 sqft | AED 1.59MAED 1,594,880 · May 2024May 2024 | 85,000 /yr | |
| 408 | 2-bed | 1,475 sqft | AED 3.33MAED 3,332,057 · Aug 2017August 2017 | 195,000 /yr | |
| 410 | 1-bed | 1,101 sqft | AED 2.63MAED 2,625,000 · May 2017May 2017 | 120,000 /yr | |
| 411 | 2-bed | 1,404 sqft | AED 2.19MAED 2,186,200 · Aug 2024August 2024 | 135,000 /yr |
409, Royal Bay in numbers
- Sold once: by Azizi Developments on 11 October 2016 for AED 3,200,000, or AED 2,246 per sqft.
- Rented since December 2018 on 5 Ejari contracts, from AED 120,000 to AED 160,718 a year.
- At AED 160,718 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 29,800 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 25 October 2025.
Questions about 409, Royal Bay
What did unit 409 last sell for?
AED 3,200,000 on 11 October 2016, sold by the developer: AED 2,246 per sqft for 1,424 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 160,718 a year on the contract signed on 25 October 2025. The previous contract, from October 2022, was AED 121,000; the unit has been rented since December 2018.
How big is unit 409?
1,424 sqft (132.3 sqm): a two-bedroom hotel apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit 409 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 409, Royal Bay
Starts from the last sale price (AED 3.2M, 11 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →