1-bed · 1,143 sqftRoyal Bay, Palm Jumeirah · 6th floor · completed 2017

605, Royal Bay

Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.67M6 August 2024
Current rentAED 100K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Royal Bay

What is 605 worth today?

Last sold for AED 1,666,850 in 2024

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15 Oct 2026RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
1 Nov 2024RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
6 Aug 2024Sold by developerReady
AED 1,666,850AED 1,458 per sqft
10 Apr 2023RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
1 Jun 2021RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed hotel apartment
Size
1,143 sqft
Floor
6th of 9
Parking
B-55
Developer
Azizi Developments
Completed
2017
Service charge
AED 23,900 /yr
Last sold
AED 1.67M · August 2024
Building
Royal Bay

About 605, Royal Bay

605 is a one-bedroom hotel apartment of 1,143 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 6 August 2024 for AED 1,666,850, or AED 1,458 per sqft, 14% below the AED 1,700 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 October 2026, is AED 100,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 23,900 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Royal Bay
1.5M2M2016201920222025Typical sale price by year: 2016 AED 2,151,621; 2017 AED 2,185,238; 2021 AED 1,398,547; 2022 AED 1,581,400; 2023 AED 1,950,000; 2024 AED 1,827,450; 2025 AED 1,950,000; 2026 AED 2,115,280Sold by developer, August 2024: AED 1,666,850 (AED 1,458 per sqft)

605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in Royal Bay
100K2018202120242027Typical rent by year: 2018 AED 111,250; 2019 AED 97,500; 2020 AED 70,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 110,250; 2024 AED 118,500; 2025 AED 120,000; 2026 AED 115,000New contract, June 2021: AED 85,000 a yearNew contract, April 2023: AED 80,000 a yearNew contract, November 2024: AED 130,000 a yearNew contract, October 2026: AED 100,000 a year

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 605 sits

All 58 1-beds →

605 last sold in August 2024 at AED 1,458 per sqft, 14% below what one-beds in Royal Bay were fetching at the time (AED 1,700). 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. 605's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20262,230,560
14 Jul 20261,962,585
4 May 20262,000,000
24 Feb 20263,278,991
4 1-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
6032-bedAED 2.8M · Mar 2026
6041-bedAED 1.35M · May 2021
6061-bedAED 1.6M · Apr 2024
6071-bedAED 1.47M · Feb 2023
6082-bedAED 4.08M · Jun 2017
1–7 of 10

605, Royal Bay in numbers

  • Sold once: by Azizi Developments on 6 August 2024 for AED 1,666,850, or AED 1,458 per sqft.
  • Rented since June 2021 on 4 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 23,900 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 October 2026.

Questions about 605, Royal Bay

What did unit 605 last sell for?

AED 1,666,850 on 6 August 2024, sold by the developer: AED 1,458 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 100,000 a year on the contract signed on 15 October 2026. The previous contract, from November 2024, was AED 130,000; the unit has been rented since June 2021.

How big is unit 605?

1,143 sqft (106.2 sqm): a one-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit 605 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 605, Royal Bay

Starts from the last sale price (AED 1.67M, 6 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,666,850
Deposit, UAE resident (20%)
AED 333,370
Deposit, non-resident (40%)
AED 666,740
Monthly over 25 years at 3.7%
AED 6,820

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