1-bed · 1,111 sqftRoyal Bay, Palm Jumeirah · 7th floor · completed 2017

710, Royal Bay

Sold prices and rental history: sold once, by the developer in December 2017, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 2 December 2020
Last soldAED 2.6M4 December 2017
Current rentAED 76K /yr2 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Royal Bay

What is 710 worth today?

Last sold for AED 2,598,801 in 2017

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2 Dec 2020RentedNew contract
AED 76,000/yr12 months · AED 69 per sqft
4 Dec 2017Sold by developerOff-plan
AED 2,598,801AED 2,339 per sqft

Source: Dubai Land Department. Updated 2 December 2020.

Key facts

Type
1-bed hotel apartment
Size
1,111 sqft
Floor
7th of 9
Parking
B-72
Developer
Azizi Developments
Completed
2017
Service charge
AED 23,300 /yr
Last sold
AED 2.6M · December 2017
Building
Royal Bay

About 710, Royal Bay

710 is a one-bedroom hotel apartment of 1,111 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 4 December 2017 for AED 2,598,801, or AED 2,339 per sqft, in line with the AED 2,339 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 December 2020. The current contract, signed on 2 December 2020, is AED 76,000 a year: a gross yield of 2.9% on the 2017 price, before the service charge of about AED 23,300 a year.

Sales and rents for 710 over time

Sales
Unit 710, each saleTypical one-bed in Royal Bay
2M2016201920222025Typical 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, December 2017: AED 2,598,801 (AED 2,339 per sqft)

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

Rents
Unit 710, each contractTypical one-bed in Royal Bay
75K100K125K2018202120242027Typical 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, December 2020: AED 76,000 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 710 sits

All 58 1-beds →

710 last sold in December 2017 at AED 2,339 per sqft, in line with what one-beds in Royal Bay were fetching at the time (AED 2,339). 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. 710's AED 76,000 is at the bottom 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 7th floor

All 90 units in Royal Bay
Value
7011-bedAED 1.95M · Nov 2024
7021-bedAED 2.3M · Aug 2024
7032-bedAED 2.8M · Jan 2026
7041-bedAED 1.95M · Jun 2025
7051-bedAED 2.4M · Apr 2017
7061-bedAED 2.06M · Nov 2016
7071-bedAED 1.55M · Nov 2022
1–7 of 10

710, Royal Bay in numbers

  • Sold once: by Azizi Developments on 4 December 2017 for AED 2,598,801, or AED 2,339 per sqft.
  • Rented since December 2020 on one Ejari contract, at AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2017 price is 2.9%, before a service charge of about AED 23,300 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 2 December 2020.

Questions about 710, Royal Bay

What did unit 710 last sell for?

AED 2,598,801 on 4 December 2017, sold by the developer: AED 2,339 per sqft for 1,111 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 76,000 a year on the contract signed on 2 December 2020.

How big is unit 710?

1,111 sqft (103.2 sqm): a one-bedroom hotel apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 710 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 710, Royal Bay

Starts from the last sale price (AED 2.6M, 4 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,598,801
Deposit, UAE resident (20%)
AED 519,760
Deposit, non-resident (40%)
AED 1,039,520
Monthly over 25 years at 3.7%
AED 10,633

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