2-bed · 2,741 sqftThe Royal Atlantis Residences, Palm Jumeirah · 15th floor · completed 2022

1504, The Royal Atlantis Residences

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 29 March 2023
Last soldAED 20M29 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, The Royal Atlantis Residences

What is 1504 worth today?

Last sold for AED 20,000,000 in 2023

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29 Mar 2023SoldReady
AED 20,000,000AED 7,296 per sqft
7 Jul 2021Sold by developerOff-plan
AED 11,600,000AED 4,231 per sqft

Source: Dubai Land Department. Updated 29 March 2023.

Key facts

Type
2-bed apartment
Size
2,741 sqft
Floor
15th of 49
Parking
B-R024, B-R025
Developer
Atlantis The Palm 2 Development
Completed
2022
Last sold
AED 20M · March 2023

About 1504, The Royal Atlantis Residences

1504 is a two-bedroom apartment of 2,741 sqft on the 15th 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 29 March 2023 for AED 20,000,000, or AED 7,296 per sqft, 28% above the AED 5,700 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in The Royal Atlantis Residences
10M20M2018202120242027Typical sale price by year: 2018 AED 8,250,000; 2019 AED 11,279,305; 2021 AED 10,000,000; 2022 AED 11,322,000; 2023 AED 19,800,000; 2024 AED 17,750,000; 2025 AED 19,944,444; 2026 AED 15,765,000Sold by developer, July 2021: AED 11,600,000 (AED 4,231 per sqft)Sold, March 2023: AED 20,000,000 (AED 7,296 per sqft)

1504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in The Royal Atlantis Residences
1.2M1.25M1.3M2024202520262027Typical rent by year: 2024 AED 1,300,000; 2025 AED 1,193,583; 2026 AED 1,200,000

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

2-beds in The Royal Atlantis Residences, and where 1504 sits

All 127 2-beds →

1504 last sold in March 2023 at AED 7,296 per sqft, 28% above what two-beds in The Royal Atlantis Residences were fetching at the time (AED 5,700). Over the last 12 months two-beds sold for AED 14,000,000 to 23,000,000, around AED 8,016 per sqft, and rent for AED 750,000 to 1,700,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Aug 202614,000,000
1 Jul 202616,030,000
24 Jun 202615,500,000
12 May 202614,500,000
10 2-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 1.3M /yr
Typical yield
6.2%
The Royal Atlantis Residences, Palm Jumeirah: prices, sales and rents →
Value
15012-bedAED 9.8M · May 2019
15022-bedAED 19M · Jul 2025
15032-bedAED 10.04M · Jul 2021
15052-bedAED 8.37M · Oct 2021
15063-bedAED 30.5M · Apr 2023
15072-bedAED 9.5M · Feb 2021
15083-bedAED 14M · Jan 2020
1–7 of 9

1504, The Royal Atlantis Residences in numbers

  • Sold twice: first on 7 July 2021 for AED 11,600,000, last on 29 March 2023 for AED 20,000,000 (AED 7,296 per sqft).
  • Two-beds in The Royal Atlantis Residences sold for AED 14,000,000–23,000,000 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 29 March 2023.

Questions about 1504, The Royal Atlantis Residences

What did unit 1504 last sell for?

AED 20,000,000 on 29 March 2023: AED 7,296 per sqft for 2,741 sqft. The unit has 2 registered sales; the first was AED 11,600,000 in July 2021.

How big is unit 1504?

2,741 sqft (254.6 sqm): a two-bedroom apartment on the 15th floor of a 49-storey tower completed in 2022.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Royal Atlantis Residences sold for AED 14,000,000 to 23,000,000 in the last 12 months, around AED 8,016 per sqft.

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Mortgage on 1504, The Royal Atlantis Residences

Starts from the last sale price (AED 20M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 20,000,000
Deposit, UAE resident (20%)
AED 4,000,000
Deposit, non-resident (40%)
AED 8,000,000
Monthly over 25 years at 3.7%
AED 81,826

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