703, Royal Bay
Sold prices and rental history: sold 3 times, last in January 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Royal Bay
What is 703 worth today?
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Source: Dubai Land Department. Updated 7 January 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,633 sqft
- Floor
- 7th of 9
- Parking
- B-66, B-67
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 34,200 /yr
- Last sold
- AED 2.8M · January 2026
- Building
- Royal Bay
About 703, Royal Bay
703 is a two-bedroom hotel apartment of 1,633 sqft on the 7th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 7 January 2026 for AED 2,800,000, or AED 1,714 per sqft, 26% below the AED 2,308 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 15 June 2024, is AED 170,000 a year: a gross yield of 6.1% on the 2026 price, before the service charge of about AED 34,200 a year.
Sales and rents for 703 over time
703 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 703 sits
All 30 2-beds →703 last sold in January 2026 at AED 1,714 per sqft, 26% below what two-beds in Royal Bay were fetching at the time (AED 2,308). 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. 703's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,516 sqft | 2,800,000 | 1,846 | ||
| 10 Dec 202510 December 2025 | 1,481 sqft | 3,600,000 | 2,430 | ||
| 10 Dec 202510 December 2025 | 1,475 sqft | 3,550,000 | 2,406 | ||
| 19 Feb 202519 February 2025 | 1,494 sqft | 3,300,000 | 2,209 |
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 7th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 874 sqft | AED 1.95MAED 1,950,000 · Nov 2024November 2024 | 130,000 /yr | |
| 702 | 1-bed | 943 sqft | AED 2.3MAED 2,300,000 · Aug 2024August 2024 | 142,500 /yr | |
| 704 | 1-bed | 791 sqft | AED 1.95MAED 1,950,000 · Jun 2025June 2025 | 120,000 /yr | |
| 705 | 1-bed | 981 sqft | AED 2.4MAED 2,396,840 · Apr 2017April 2017 | 107,100 /yr | |
| 706 | 1-bed | 851 sqft | AED 2.06MAED 2,064,903 · Nov 2016November 2016 | 115,000 /yr | |
| 707 | 1-bed | 1,125 sqft | AED 1.55MAED 1,550,000 · Nov 2022November 2022 | 131,250 /yr | |
| 708 | 2-bed | 1,481 sqft | AED 3.6MAED 3,600,000 · Nov 2016November 2016 | ||
| 709 | 2-bed | 1,494 sqft | AED 2.31MAED 2,310,000 · Dec 2023December 2023 | 170,000 /yr | |
| 710 | 1-bed | 1,111 sqft | AED 2.6MAED 2,598,801 · Dec 2017December 2017 | 76,000 /yr | |
| 711 | 2-bed | 1,442 sqft | AED 2.21MAED 2,210,000 · Jul 2024July 2024 |
703, Royal Bay in numbers
- Sold 3 times: first on 6 December 2016 for AED 4,009,067, last on 7 January 2026 for AED 2,800,000 (AED 1,714 per sqft).
- Rented since June 2024 on 3 Ejari contracts, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2026 price is 6.1%, before a service charge of about AED 34,200 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 7 January 2026.
Questions about 703, Royal Bay
What did unit 703 last sell for?
AED 2,800,000 on 7 January 2026: AED 1,714 per sqft for 1,633 sqft. The unit has 3 registered sales; the first was AED 4,009,067 in December 2016.
What is the rent for unit 703?
AED 170,000 a year on the contract signed on 15 June 2024. The previous contract, from June 2024, was AED 170,000; the unit has been rented since June 2024.
How big is unit 703?
1,633 sqft (151.7 sqm): a two-bedroom hotel apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit 703 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 703, Royal Bay
Starts from the last sale price (AED 2.8M, 7 January 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 →