709, Royal Bay
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Royal Bay
What is 709 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,494 sqft
- Floor
- 7th of 9
- Parking
- B-71
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.31M · December 2023
- Building
- Royal Bay
About 709, Royal Bay
709 is a two-bedroom hotel apartment of 1,494 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 11 December 2023 for AED 2,310,000, or AED 1,546 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 June 2026, is AED 170,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 31,300 a year.
Sales and rents for 709 over time
709 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 709 sits
All 30 2-beds →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. 709'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 | ||
| 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 | |
| 708 | 2-bed | 1,481 sqft | AED 3.6MAED 3,600,000 · Nov 2016November 2016 | ||
| 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 |
709, Royal Bay in numbers
- Sold 3 times: first on 1 August 2017 for AED 3,610,000, last on 11 December 2023 for AED 2,310,000 (AED 1,546 per sqft).
- Rented since March 2021 on 4 Ejari contracts, from AED 115,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 31,300 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 1 June 2026.
Questions about 709, Royal Bay
What did unit 709 last sell for?
AED 2,310,000 on 11 December 2023: AED 1,546 per sqft for 1,494 sqft. The unit has 3 registered sales; the first was AED 3,610,000 in August 2017.
What is the rent for unit 709?
AED 170,000 a year on the contract signed on 1 June 2026. The previous contract, from November 2023, was AED 170,000; the unit has been rented since March 2021.
How big is unit 709?
1,494 sqft (138.8 sqm): a two-bedroom hotel apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit 709 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 709, Royal Bay
Starts from the last sale price (AED 2.31M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,310,000
- Deposit, UAE resident (20%)
- AED 462,000
- Deposit, non-resident (40%)
- AED 924,000
- Monthly over 25 years at 3.7%
- AED 9,451
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →