803, Royal Bay
Sold prices and rental history: sold once, by the developer in April 2024, and rented once, from December 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Royal Bay
What is 803 worth today?
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Source: Dubai Land Department. Updated 30 April 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,516 sqft
- Floor
- 8th of 9
- Parking
- B-83
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 31,800 /yr
- Last sold
- AED 2.92M · April 2024
- Building
- Royal Bay
About 803, Royal Bay
803 is a two-bedroom hotel apartment of 1,516 sqft on the 8th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 30 April 2024 for AED 2,922,360, or AED 1,927 per sqft, in line with the AED 1,927 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 8 December 2019. The current contract, signed on 8 December 2019, is AED 120,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 31,800 a year.
Sales and rents for 803 over time
803 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 803 sits
All 30 2-beds →803 last sold in April 2024 at AED 1,927 per sqft, in line with what two-beds in Royal Bay were fetching at the time (AED 1,927). 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. 803's AED 120,000 is at the bottom 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 120K /yr
- Typical yield
- 5.4%
Other units on the 8th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 862 sqft | AED 1.92MAED 1,920,000 · Sep 2024September 2024 | 100,000 /yr | |
| 802 | 1-bed | 1,070 sqft | AED 2.45MAED 2,454,001 · Jul 2017July 2017 | 120,000 /yr | |
| 804 | 1-bed | 821 sqft | AED 2MAED 2,000,000 · Oct 2017October 2017 | 90,000 /yr | |
| 805 | 1-bed | 1,143 sqft | AED 1.9MAED 1,900,000 · Nov 2023November 2023 | 80,000 /yr | |
| 806 | 1-bed | 899 sqft | AED 2.38MAED 2,382,121 · Dec 2016December 2016 | 114,869 /yr | |
| 807 | 1-bed | 943 sqft | AED 2MAED 2,000,000 · Oct 2023October 2023 | 115,000 /yr | |
| 808 | 2-bed | 1,475 sqft | AED 3.55MAED 3,550,000 · Dec 2025December 2025 | 180,000 /yr | |
| 809 | 2-bed | 1,424 sqft | AED 3.2MAED 3,200,000 · Feb 2024February 2024 | 270,000 /yr | |
| 810 | 1-bed | 1,101 sqft | AED 2.1MAED 2,100,000 · May 2025May 2025 | 115,000 /yr | |
| 811 | 2-bed | 1,404 sqft | AED 3MAED 3,000,000 · Sep 2024September 2024 | 185,000 /yr |
803, Royal Bay in numbers
- Sold once: by Azizi Developments on 30 April 2024 for AED 2,922,360, or AED 1,927 per sqft.
- Rented since December 2019 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 31,800 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 30 April 2024.
Questions about 803, Royal Bay
What did unit 803 last sell for?
AED 2,922,360 on 30 April 2024, sold by the developer: AED 1,927 per sqft for 1,516 sqft. It is the only registered sale of the unit.
What is the rent for unit 803?
AED 120,000 a year on the contract signed on 8 December 2019.
How big is unit 803?
1,516 sqft (140.8 sqm): a two-bedroom hotel apartment on the 8th floor of a 9-storey tower completed in 2017.
What is unit 803 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 803, Royal Bay
Starts from the last sale price (AED 2.92M, 30 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,922,360
- Deposit, UAE resident (20%)
- AED 584,472
- Deposit, non-resident (40%)
- AED 1,168,944
- Monthly over 25 years at 3.7%
- AED 11,956
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →