602, Royal Bay
Sold prices and rental history: sold once, by the developer in July 2017, 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 602, Royal Bay
What is 602 worth today?
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Source: Dubai Land Department. Updated 15 July 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,070 sqft
- Floor
- 6th of 9
- Parking
- B-52
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 22,400 /yr
- Last sold
- AED 2.45M · July 2017
- Building
- Royal Bay
About 602, Royal Bay
602 is a one-bedroom hotel apartment of 1,070 sqft on the 6th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 12 July 2017 for AED 2,454,001, or AED 2,293 per sqft, in line with the AED 2,317 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 120,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 22,400 a year.
Sales and rents for 602 over time
602 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 602 sits
All 58 1-beds →602 last sold in July 2017 at AED 2,293 per sqft, in line with what one-beds in Royal Bay were fetching at the time (AED 2,317). 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. 602's AED 120,000 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 | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 862 sqft | AED 2MAED 2,000,000 · Dec 2023December 2023 | 130,000 /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 |
602, Royal Bay in numbers
- Sold once: by Azizi Developments on 12 July 2017 for AED 2,454,001, or AED 2,293 per sqft.
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2021 and recovered to AED 120,000 by July 2025.
- At AED 120,000 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 22,400 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 15 July 2025.
Questions about 602, Royal Bay
What did unit 602 last sell for?
AED 2,454,001 on 12 July 2017, sold by the developer: AED 2,293 per sqft for 1,070 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 120,000 a year on the contract renewed on 15 July 2025. The previous contract, from July 2025, was AED 120,000; the unit has been rented since June 2018.
How big is unit 602?
1,070 sqft (99.4 sqm): a one-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.
What is unit 602 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 602, Royal Bay
Starts from the last sale price (AED 2.45M, 12 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,454,001
- Deposit, UAE resident (20%)
- AED 490,800
- Deposit, non-resident (40%)
- AED 981,600
- Monthly over 25 years at 3.7%
- AED 10,040
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →