601, Royal Bay
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Royal Bay
What is 601 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 December 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 862 sqft
- Floor
- 6th of 9
- Parking
- B-51
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 18,000 /yr
- Last sold
- AED 2M · December 2023
- Building
- Royal Bay
About 601, Royal Bay
601 is a one-bedroom hotel apartment of 862 sqft on the 6th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 11 December 2023 for AED 2,000,000, or AED 2,320 per sqft, 23% above the AED 1,892 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 3 December 2024, is AED 130,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 18,000 a year.
Sales and rents for 601 over time
601 has sold twice; 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 601 sits
All 58 1-beds →601 last sold in December 2023 at AED 2,320 per sqft, 23% above what one-beds in Royal Bay were fetching at the time (AED 1,892). 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. 601's AED 130,000 is in the upper 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 118K /yr
- Typical yield
- 5.4%
Other units on the 6th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 1,070 sqft | AED 2.45MAED 2,454,001 · Jul 2017July 2017 | 120,000 /yr | |
| 603 | 2-bed | 1,516 sqft | AED 2.8MAED 2,800,000 · Mar 2026March 2026 | 157,500 /yr | |
| 604 | 1-bed | 821 sqft | AED 1.35MAED 1,350,754 · May 2021May 2021 | 120,000 /yr | |
| 605 | 1-bed | 1,143 sqft | AED 1.67MAED 1,666,850 · Aug 2024August 2024 | 100,000 /yr | |
| 606 | 1-bed | 899 sqft | AED 1.6MAED 1,603,320 · Apr 2024April 2024 | 85,000 /yr | |
| 607 | 1-bed | 943 sqft | AED 1.47MAED 1,471,900 · Feb 2023February 2023 | 110,000 /yr | |
| 608 | 2-bed | 1,475 sqft | AED 4.08MAED 4,076,156 · Jun 2017June 2017 | 109,250 /yr | |
| 609 | 2-bed | 1,424 sqft | AED 2.98MAED 2,975,000 · Aug 2023August 2023 | 215,000 /yr | |
| 610 | 1-bed | 1,101 sqft | AED 2.44MAED 2,435,000 · Aug 2016August 2016 | 70,000 /yr | |
| 611 | 2-bed | 1,404 sqft | AED 3MAED 3,000,000 · Jul 2024July 2024 |
601, Royal Bay in numbers
- Sold twice: first on 15 May 2017 for AED 1,950,000, last on 11 December 2023 for AED 2,000,000 (AED 2,320 per sqft).
- Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2021 and recovered to AED 130,000 by December 2024.
- At AED 130,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 18,000 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 December 2024.
Questions about 601, Royal Bay
What did unit 601 last sell for?
AED 2,000,000 on 11 December 2023: AED 2,320 per sqft for 862 sqft. The unit has 2 registered sales; the first was AED 1,950,000 in May 2017.
What is the rent for unit 601?
AED 130,000 a year on the contract signed on 3 December 2024. The previous contract, from October 2021, was AED 75,000; the unit has been rented since June 2019.
How big is unit 601?
862 sqft (80.1 sqm): a one-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.
What is unit 601 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.
Selling 601? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 601, Royal Bay
Starts from the last sale price (AED 2M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →