501, Royal Bay
Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Royal Bay
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 874 sqft
- Floor
- 5th of 9
- Parking
- B-39
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 18,300 /yr
- Last sold
- AED 2.05M · March 2017
- Building
- Royal Bay
About 501, Royal Bay
501 is a one-bedroom hotel apartment of 874 sqft on the 5th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 28 March 2017 for AED 2,046,832, or AED 2,343 per sqft, in line with the AED 2,298 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 105,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 18,300 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the one-bed median of each year in the building.
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 501 sits
All 58 1-beds →501 last sold in March 2017 at AED 2,343 per sqft, in line with what one-beds in Royal Bay were fetching at the time (AED 2,298). 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. 501's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 1,070 sqft | 2,230,560 | 2,084 | ||
| 14 Jul 202614 July 2026 | 1,071 sqft | 1,962,585 | 1,832 | ||
| 4 May 20264 May 2026 | 796 sqft | 2,000,000 | 2,512 | ||
| 24 Feb 202624 February 2026 | 1,111 sqft | 3,278,991 | 2,951 |
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 120K /yr
- Typical yield
- 5.4%
Other units on the 5th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 943 sqft | AED 2.19MAED 2,185,238 · Feb 2017February 2017 | 140,000 /yr | |
| 503 | 2-bed | 1,633 sqft | AED 3.23MAED 3,234,260 · Jul 2024July 2024 | 90,000 /yr | |
| 504 | 1-bed | 791 sqft | AED 1.95MAED 1,952,375 · Jun 2017June 2017 | 115,000 /yr | |
| 505 | 1-bed | 981 sqft | AED 1.57MAED 1,570,800 · Apr 2024April 2024 | 115,000 /yr | |
| 506 | 1-bed | 851 sqft | AED 1.55MAED 1,550,000 · Oct 2022October 2022 | 90,000 /yr | |
| 507 | 1-bed | 1,125 sqft | No registered sale | 105,000 /yr | |
| 508 | 2-bed | 1,481 sqft | AED 3.6MAED 3,595,318 · Feb 2017February 2017 | 190,000 /yr | |
| 509 | 2-bed | 1,494 sqft | AED 3.6MAED 3,596,870 · Aug 2016August 2016 | ||
| 510 | 1-bed | 1,111 sqft | AED 2.6MAED 2,598,801 · Dec 2017December 2017 | 84,000 /yr | |
| 511 | 2-bed | 1,442 sqft | AED 3.62MAED 3,621,540 · Nov 2017November 2017 | 180,000 /yr |
501, Royal Bay in numbers
- Sold once: by Azizi Developments on 28 March 2017 for AED 2,046,832, or AED 2,343 per sqft.
- Rented since September 2021 on 6 Ejari contracts, from AED 82,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2017 price is 5.1%, before a service charge of about AED 18,300 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 1 June 2026.
Questions about 501, Royal Bay
What did unit 501 last sell for?
AED 2,046,832 on 28 March 2017, sold by the developer: AED 2,343 per sqft for 874 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 105,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 120,000; the unit has been rented since September 2021.
How big is unit 501?
874 sqft (81.2 sqm): a one-bedroom hotel apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit 501 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 501, Royal Bay
Starts from the last sale price (AED 2.05M, 28 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,046,832
- Deposit, UAE resident (20%)
- AED 409,366
- Deposit, non-resident (40%)
- AED 818,733
- Monthly over 25 years at 3.7%
- AED 8,374
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →