509, Royal Bay
Sold prices and rental history: sold once, by the developer in August 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Royal Bay
What is 509 worth today?
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Source: Dubai Land Department. Updated 9 August 2016.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,494 sqft
- Floor
- 5th of 9
- Parking
- B-53, B-54
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3.6M · August 2016
- Building
- Royal Bay
About 509, Royal Bay
509 is a two-bedroom hotel apartment of 1,494 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 9 August 2016 for AED 3,596,870, or AED 2,407 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 509 over time
509 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 509 sits
All 30 2-beds →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.
| 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 120K /yr
- Typical yield
- 5.4%
Other units on the 5th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 874 sqft | AED 2.05MAED 2,046,832 · Mar 2017March 2017 | 105,000 /yr | |
| 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 | |
| 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 |
509, Royal Bay in numbers
- Sold once: by Azizi Developments on 9 August 2016 for AED 3,596,870, or AED 2,407 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 9 August 2016.
Questions about 509, Royal Bay
What did unit 509 last sell for?
AED 3,596,870 on 9 August 2016, sold by the developer: AED 2,407 per sqft for 1,494 sqft. It is the only registered sale of the unit.
How big is unit 509?
1,494 sqft (138.8 sqm): a two-bedroom hotel apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit 509 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 509, Royal Bay
Starts from the last sale price (AED 3.6M, 9 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,596,870
- Deposit, UAE resident (20%)
- AED 719,374
- Deposit, non-resident (40%)
- AED 1,438,748
- Monthly over 25 years at 3.7%
- AED 14,716
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →