1-bed · 1,143 sqftRoyal Bay, Palm Jumeirah · 8th floor · completed 2017

805, Royal Bay

Sold prices and rental history: sold twice, last in November 2023, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 7 November 2023
Last soldAED 1.9M7 November 2023
Current rentAED 80K /yr22 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Royal Bay

What is 805 worth today?

Last sold for AED 1,900,000 in 2023

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7 Nov 2023SoldReady
AED 1,900,000AED 1,662 per sqft
22 Oct 2021RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
30 Apr 2017Sold by developerOff-plan
AED 2,760,620AED 2,449 per sqft

Source: Dubai Land Department. Updated 7 November 2023.

Key facts

Type
1-bed hotel apartment
Size
1,143 sqft
Floor
8th of 9
Parking
B-86
Developer
Azizi Developments
Completed
2017
Service charge
AED 23,900 /yr
Last sold
AED 1.9M · November 2023
Building
Royal Bay

About 805, Royal Bay

805 is a one-bedroom hotel apartment of 1,143 sqft on the 8th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 7 November 2023 for AED 1,900,000, or AED 1,662 per sqft, 9% below the AED 1,820 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 October 2021. The current contract, signed on 22 October 2021, is AED 80,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 23,900 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical one-bed in Royal Bay
2M3M2016201920222025Typical 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, April 2017: AED 2,760,620 (AED 2,449 per sqft)Sold, November 2023: AED 1,900,000 (AED 1,662 per sqft)

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

Rents
Unit 805, 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, October 2021: AED 80,000 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 805 sits

All 58 1-beds →

805 last sold in November 2023 at AED 1,662 per sqft, 9% below what one-beds in Royal Bay were fetching at the time (AED 1,820). 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. 805's AED 80,000 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 120K /yr
Typical yield
5.4%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 8th floor

All 90 units in Royal Bay
Value
8011-bedAED 1.92M · Sep 2024
8021-bedAED 2.45M · Jul 2017
8032-bedAED 2.92M · Apr 2024
8041-bedAED 2M · Oct 2017
8061-bedAED 2.38M · Dec 2016
8071-bedAED 2M · Oct 2023
8082-bedAED 3.55M · Dec 2025
1–7 of 10

805, Royal Bay in numbers

  • Sold twice: first on 30 April 2017 for AED 2,760,620, last on 7 November 2023 for AED 1,900,000 (AED 1,662 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 23,900 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 7 November 2023.

Questions about 805, Royal Bay

What did unit 805 last sell for?

AED 1,900,000 on 7 November 2023: AED 1,662 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 2,760,620 in April 2017.

What is the rent for unit 805?

AED 80,000 a year on the contract signed on 22 October 2021.

How big is unit 805?

1,143 sqft (106.2 sqm): a one-bedroom hotel apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit 805 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 805, Royal Bay

Starts from the last sale price (AED 1.9M, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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