708, Royal Bay
Sold prices and rental history: sold once, by the developer in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Royal Bay
What is 708 worth today?
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Source: Dubai Land Department. Updated 8 November 2016.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,481 sqft
- Floor
- 7th of 9
- Parking
- B-70
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 31,000 /yr
- Last sold
- AED 3.6M · November 2016
- Building
- Royal Bay
About 708, Royal Bay
708 is a two-bedroom hotel apartment of 1,481 sqft on the 7th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 8 November 2016 for AED 3,600,000, or AED 2,430 per sqft, 8% above the AED 2,246 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 708 over time
708 has sold once; 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 708 sits
All 30 2-beds →708 last sold in November 2016 at AED 2,430 per sqft, 8% above what two-beds in Royal Bay were fetching at the time (AED 2,246). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,516 sqft | 2,800,000 | 1,846 | ||
| 7 Jan 20267 January 2026 | 1,633 sqft | 2,800,000 | 1,714 | ||
| 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 |
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 | |
| 703 | 2-bed | 1,633 sqft | AED 2.8MAED 2,800,000 · Jan 2026January 2026 | 170,000 /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 | |
| 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 |
708, Royal Bay in numbers
- Sold once: by Azizi Developments on 8 November 2016 for AED 3,600,000, or AED 2,430 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 8 November 2016.
Questions about 708, Royal Bay
What did unit 708 last sell for?
AED 3,600,000 on 8 November 2016, sold by the developer: AED 2,430 per sqft for 1,481 sqft. It is the only registered sale of the unit.
How big is unit 708?
1,481 sqft (137.6 sqm): a two-bedroom hotel apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit 708 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 708, Royal Bay
Starts from the last sale price (AED 3.6M, 8 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →