2-bed · 1,516 sqftRoyal Bay, Palm Jumeirah · 6th floor · completed 2017

603, Royal Bay

Sold prices and rental history: sold 3 times, last in March 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 2.8M10 March 2026
Current rentAED 158K /yr23 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Royal Bay

What is 603 worth today?

Last sold for AED 2,800,000 in 2026

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10 Mar 2026SoldReady
AED 2,800,000AED 1,846 per sqft
23 Sep 2025RentedRenewal
AED 157,500/yr12 months · AED 105 per sqft
23 Sep 2024RentedNew contract
AED 150,000/yr12 months · AED 99 per sqft
16 Aug 2023RentedNew contract
AED 170,000/yr12 months · AED 112 per sqft
22 Jun 2022RentedRenewal
AED 110,000/yr12 months · AED 73 per sqft
1 Jun 2021RentedNew contract
AED 89,764/yr13 months · AED 59 per sqft
17 Jun 2020SoldReady
AED 2,200,000AED 1,450 per sqft
3 Feb 2019Sold by developerReady
AED 3,657,290AED 2,411 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
2-bed hotel apartment
Size
1,516 sqft
Floor
6th of 9
Parking
B-3
Developer
Azizi Developments
Completed
2017
Service charge
AED 31,800 /yr
Last sold
AED 2.8M · March 2026
Building
Royal Bay

About 603, Royal Bay

603 is a two-bedroom hotel apartment of 1,516 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 10 March 2026 for AED 2,800,000, or AED 1,846 per sqft, 13% below the AED 2,126 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 23 September 2025, is AED 157,500 a year: a gross yield of 5.6% on the 2026 price, before the service charge of about AED 31,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Royal Bay
2M3M2016201920222025Typical sale price by year: 2016 AED 3,398,435; 2017 AED 3,433,059; 2019 AED 3,184,600; 2022 AED 2,175,000; 2024 AED 2,961,180; 2025 AED 3,475,000Sold by developer, February 2019: AED 3,657,290 (AED 2,411 per sqft)Sold, June 2020: AED 2,200,000 (AED 1,450 per sqft)Sold, March 2026: AED 2,800,000 (AED 1,846 per sqft)

603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 603, each contractTypical two-bed in Royal Bay
100K150K2018202120242027Typical rent by year: 2018 AED 135,000; 2019 AED 127,500; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 135,000; 2023 AED 170,000; 2024 AED 180,000; 2025 AED 165,000; 2026 AED 182,500New contract, June 2021: AED 89,764 a yearRenewal, June 2022: AED 110,000 a yearNew contract, August 2023: AED 170,000 a yearNew contract, September 2024: AED 150,000 a yearRenewal, September 2025: AED 157,500 a year

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 603 sits

All 30 2-beds →

603 last sold in March 2026 at AED 1,846 per sqft, 13% below what two-beds in Royal Bay were fetching at the time (AED 2,126). 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. 603's AED 157,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 20262,800,000
10 Dec 20253,600,000
10 Dec 20253,550,000
19 Feb 20253,300,000
4 2-bed sales in the last 12 months

Royal Bay

Building

90 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%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 6th floor

All 90 units in Royal Bay
Value
6011-bedAED 2M · Dec 2023
6021-bedAED 2.45M · Jul 2017
6041-bedAED 1.35M · May 2021
6051-bedAED 1.67M · Aug 2024
6061-bedAED 1.6M · Apr 2024
6071-bedAED 1.47M · Feb 2023
6082-bedAED 4.08M · Jun 2017
1–7 of 10

603, Royal Bay in numbers

  • Sold 3 times: first on 3 February 2019 for AED 3,657,290, last on 10 March 2026 for AED 2,800,000 (AED 1,846 per sqft).
  • Rented since June 2021 on 5 Ejari contracts, from AED 89,764 to AED 157,500 a year.
  • At AED 157,500 a year the gross yield on the 2026 price is 5.6%, before a service charge of about AED 31,800 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 10 March 2026.

Questions about 603, Royal Bay

What did unit 603 last sell for?

AED 2,800,000 on 10 March 2026: AED 1,846 per sqft for 1,516 sqft. The unit has 3 registered sales; the first was AED 3,657,290 in February 2019.

What is the rent for unit 603?

AED 157,500 a year on the contract renewed on 23 September 2025. The previous contract, from September 2024, was AED 150,000; the unit has been rented since June 2021.

How big is unit 603?

1,516 sqft (140.8 sqm): a two-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit 603 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 603, Royal Bay

Starts from the last sale price (AED 2.8M, 10 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →