3-bed · 3,829 sqftThe Royal Atlantis Residences, Palm Jumeirah · 13th floor · completed 2022

1305, The Royal Atlantis Residences

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

Unit 1305 · DLD and Ejari recordsUpdated 12 April 2023
Last soldAED 35M16 March 2023
Current rentAED 4M /yr12 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, The Royal Atlantis Residences

What is 1305 worth today?

Last sold for AED 35,000,000 in 2023

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12 Apr 2023RentedNew contract · flagged as an outlier
AED 4,000,000/yr24 months · AED 1,044 per sqft
16 Mar 2023SoldReady
AED 35,000,000AED 9,141 per sqft
24 Sep 2017Sold by developerOff-plan
AED 17,750,000AED 4,628 per sqft

Source: Dubai Land Department. Updated 12 April 2023.

Key facts

Type
3-bed apartment
Size
3,829 sqft
Floor
13th of 49
Parking
B-R378, B-R379
Developer
Atlantis The Palm 2 Development
Completed
2022
Last sold
AED 35M · March 2023

About 1305, The Royal Atlantis Residences

1305 is a three-bedroom apartment of 3,829 sqft on the 13th floor of The Royal Atlantis Residences, a 49-storey tower in Palm Jumeirah completed in 2022 by Atlantis The Palm 2 Development . It last sold on 16 March 2023 for AED 35,000,000, or AED 9,141 per sqft, 46% above the AED 6,249 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 April 2023. The current contract, signed on 12 April 2023, is AED 4,000,000 a year: a gross yield of 11.4% on the 2023 price.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical three-bed in The Royal Atlantis Residences
20M40M2017202020232026Typical sale price by year: 2017 AED 14,450,000; 2019 AED 12,810,899; 2020 AED 12,500,000; 2021 AED 14,359,000; 2022 AED 18,000,000; 2023 AED 28,750,000; 2024 AED 30,000,000; 2025 AED 36,000,000; 2026 AED 33,500,000Sold by developer, September 2017: AED 17,750,000 (AED 4,628 per sqft)Sold, March 2023: AED 35,000,000 (AED 9,141 per sqft)

1305 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1305, each contractTypical three-bed in The Royal Atlantis Residences
01M2M2024202520262027Typical rent by year: 2024 AED 2,025,000; 2025 AED 282,500; 2026 AED 1,840,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Royal Atlantis Residences, and where 1305 sits

All 68 3-beds →

1305 last sold in March 2023 at AED 9,141 per sqft, 46% above what three-beds in The Royal Atlantis Residences were fetching at the time (AED 6,249). Over the last 12 months three-beds sold for AED 29,000,000 to 38,000,000, around AED 9,192 per sqft, and rent for AED 365,000 to 2,090,000 a year. 1305's AED 4,000,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 202629,000,000
6 Mar 202638,000,000
9 Feb 202633,500,000
9 Dec 202537,500,000
5 3-bed sales in the last 12 months

The Royal Atlantis Residences

Building

232 apartments, 2-bed to 5-bed over 49 floors in Palm Jumeirah, completed in 2022 by Atlantis The Palm 2 Development . 19 sold in the last 12 months.

Typical price per sqft
AED 8,441 Down 8.7%
Typical sale
AED 23M
Typical rent
AED 1.2M /yr
Typical yield
5.9%
The Royal Atlantis Residences, Palm Jumeirah: prices, sales and rents →
Value
13012-bedAED 21.5M · Nov 2023
13022-bedAED 25M · Jan 2024
13033-bedAED 12.96M · Aug 2021
13042-bedAED 13.75M · Jul 2021
13062-bedAED 25M · Jun 2022
13073-bedAED 18M · May 2022
13083-bedAED 43.9M · Jul 2023

1305, The Royal Atlantis Residences in numbers

  • Sold twice: first on 24 September 2017 for AED 17,750,000, last on 16 March 2023 for AED 35,000,000 (AED 9,141 per sqft).
  • Rented since April 2023 on one Ejari contract, at AED 4,000,000 a year.
  • At AED 4,000,000 a year the gross yield on the 2023 price is 11.4%.
  • Three-beds in The Royal Atlantis Residences sold for AED 29,000,000–38,000,000 in the 12 months to November 2026; the building's median across all types is AED 8,441 per sqft.

Source: Dubai Land Department. Updated 12 April 2023.

Questions about 1305, The Royal Atlantis Residences

What did unit 1305 last sell for?

AED 35,000,000 on 16 March 2023: AED 9,141 per sqft for 3,829 sqft. The unit has 2 registered sales; the first was AED 17,750,000 in September 2017.

What is the rent for unit 1305?

AED 4,000,000 a year on the contract signed on 12 April 2023.

How big is unit 1305?

3,829 sqft (355.7 sqm): a three-bedroom apartment on the 13th floor of a 49-storey tower completed in 2022.

What is unit 1305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Royal Atlantis Residences sold for AED 29,000,000 to 38,000,000 in the last 12 months, around AED 9,192 per sqft.

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Mortgage on 1305, The Royal Atlantis Residences

Starts from the last sale price (AED 35M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 35,000,000
Deposit, UAE resident (20%)
AED 7,000,000
Deposit, non-resident (40%)
AED 14,000,000
Monthly over 25 years at 3.7%
AED 143,196

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