2-bed · 2,874 sqftThe Royal Atlantis Residences, Palm Jumeirah · 17th floor · completed 2022

1702, The Royal Atlantis Residences

Sold prices and rental history: sold once, by the developer in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 24 August 2021
Last soldAED 15.5M24 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, The Royal Atlantis Residences

What is 1702 worth today?

Last sold for AED 15,500,000 in 2021

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24 Aug 2021Sold by developerOff-plan
AED 15,500,000AED 5,108 per sqft

Source: Dubai Land Department. Updated 24 August 2021.

Key facts

Type
2-bed apartment
Size
2,874 sqft
Floor
17th of 49
Parking
B-R498, B-R499
Developer
Atlantis The Palm 2 Development
Completed
2022
Last sold
AED 15.5M · August 2021

About 1702, The Royal Atlantis Residences

1702 is a two-bedroom apartment of 2,874 sqft on the 17th floor of The Royal Atlantis Residences, a 49-storey tower in Palm Jumeirah completed in 2022 by Atlantis The Palm 2 Development . The developer sold it on 24 August 2021 for AED 15,500,000, or AED 5,108 per sqft, 22% above the AED 4,187 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, August 2021: AED 15,500,000 (AED 5,108 per sqft)

1702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, 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 1702 sits

All 127 2-beds →

1702 last sold in August 2021 at AED 5,108 per sqft, 22% above what two-beds in The Royal Atlantis Residences were fetching at the time (AED 4,187). 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
17012-bedAED 19.8M · Dec 2023
17032-bedAED 11.79M · Jun 2019
17042-bedAED 17.96M · Aug 2021
17053-bedAED 12.95M · Jul 2021
17063-bedAED 12.16M · Oct 2019
17073-bedAED 15.8M · Mar 2022
17082-bedAED 27M · Feb 2025
1–7 of 8

1702, The Royal Atlantis Residences in numbers

  • Sold once: by Atlantis The Palm 2 Development on 24 August 2021 for AED 15,500,000, or AED 5,108 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 24 August 2021.

Questions about 1702, The Royal Atlantis Residences

What did unit 1702 last sell for?

AED 15,500,000 on 24 August 2021, sold by the developer: AED 5,108 per sqft for 2,874 sqft. It is the only registered sale of the unit.

How big is unit 1702?

2,874 sqft (267.0 sqm): a two-bedroom apartment on the 17th floor of a 49-storey tower completed in 2022.

What is unit 1702 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 1702, The Royal Atlantis Residences

Starts from the last sale price (AED 15.5M, 24 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 15,500,000
Deposit, UAE resident (20%)
AED 3,100,000
Deposit, non-resident (40%)
AED 6,200,000
Monthly over 25 years at 3.7%
AED 63,415

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