2-bed · 1,404 sqftRoyal Bay, Palm Jumeirah · 6th floor · completed 2017

611, Royal Bay

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 3M11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Royal Bay

What is 611 worth today?

Last sold for AED 3,000,000 in 2024

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11 Jul 2024SoldReady
AED 3,000,000AED 2,136 per sqft
9 Aug 2017Sold by developerOff-plan
AED 3,250,000AED 2,314 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,404 sqft
Floor
6th of 9
Parking
B-61
Developer
Azizi Developments
Completed
2017
Service charge
AED 29,400 /yr
Last sold
AED 3M · July 2024
Building
Royal Bay

About 611, Royal Bay

611 is a two-bedroom hotel apartment of 1,404 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 July 2024 for AED 3,000,000, or AED 2,136 per sqft, 11% above the AED 1,927 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 611 over time

Sales
Unit 611, 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, August 2017: AED 3,250,000 (AED 2,314 per sqft)Sold, July 2024: AED 3,000,000 (AED 2,136 per sqft)

611 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 611, 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 182,500

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 611 sits

All 30 2-beds →

611 last sold in July 2024 at AED 2,136 per sqft, 11% above what two-beds in Royal Bay were fetching at the time (AED 1,927). 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 salesUnit no.Price (AED)Summary
10 Mar 20262,800,000
7 Jan 20262,800,000
10 Dec 20253,600,000
10 Dec 20253,550,000
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
6032-bedAED 2.8M · Mar 2026
6041-bedAED 1.35M · May 2021
6051-bedAED 1.67M · Aug 2024
6061-bedAED 1.6M · Apr 2024
6071-bedAED 1.47M · Feb 2023
1–7 of 10

611, Royal Bay in numbers

  • Sold twice: first on 9 August 2017 for AED 3,250,000, last on 11 July 2024 for AED 3,000,000 (AED 2,136 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 11 July 2024.

Questions about 611, Royal Bay

What did unit 611 last sell for?

AED 3,000,000 on 11 July 2024: AED 2,136 per sqft for 1,404 sqft. The unit has 2 registered sales; the first was AED 3,250,000 in August 2017.

How big is unit 611?

1,404 sqft (130.4 sqm): a two-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit 611 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 611, Royal Bay

Starts from the last sale price (AED 3M, 11 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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