2-bed · 1,442 sqftRoyal Bay, Palm Jumeirah · 7th floor · completed 2017

711, Royal Bay

Sold prices and rental history: sold 3 times, 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 711 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.21M1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Royal Bay

What is 711 worth today?

Last sold for AED 2,210,000 in 2024

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1 Jul 2024SoldReady
AED 2,210,000AED 1,532 per sqft
3 Aug 2022SoldReady
AED 2,200,000AED 1,525 per sqft
13 Mar 2019Sold by developerReady
AED 2,999,200AED 2,080 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,442 sqft
Floor
7th of 9
Parking
B-78
Developer
Azizi Developments
Completed
2017
Service charge
AED 30,200 /yr
Last sold
AED 2.21M · July 2024
Building
Royal Bay

About 711, Royal Bay

711 is a two-bedroom hotel apartment of 1,442 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 1 July 2024 for AED 2,210,000, or AED 1,532 per sqft, 20% below the AED 1,926 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 711 over time

Sales
Unit 711, 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, March 2019: AED 2,999,200 (AED 2,080 per sqft)Sold, August 2022: AED 2,200,000 (AED 1,525 per sqft)Sold, July 2024: AED 2,210,000 (AED 1,532 per sqft)

711 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 711, 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 711 sits

All 30 2-beds →

711 last sold in July 2024 at AED 1,532 per sqft, 20% below what two-beds in Royal Bay were fetching at the time (AED 1,926). 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 120K /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

711, Royal Bay in numbers

  • Sold 3 times: first on 13 March 2019 for AED 2,999,200, last on 1 July 2024 for AED 2,210,000 (AED 1,532 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 July 2024.

Questions about 711, Royal Bay

What did unit 711 last sell for?

AED 2,210,000 on 1 July 2024: AED 1,532 per sqft for 1,442 sqft. The unit has 3 registered sales; the first was AED 2,999,200 in March 2019.

How big is unit 711?

1,442 sqft (134.0 sqm): a two-bedroom hotel apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit 711 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 711, Royal Bay

Starts from the last sale price (AED 2.21M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,210,000
Deposit, UAE resident (20%)
AED 442,000
Deposit, non-resident (40%)
AED 884,000
Monthly over 25 years at 3.7%
AED 9,042

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