3-bed · 3,504 sqftThe Royal Atlantis Residences, Palm Jumeirah · 24th floor · completed 2022

2401, The Royal Atlantis Residences

Sold prices and rental history: sold 3 times, last in October 2023, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 38M26 October 2023
Current rentAED 2.5M /yr15 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, The Royal Atlantis Residences

What is 2401 worth today?

Last sold for AED 38,000,000 in 2023

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26 Oct 2023SoldReady
AED 38,000,000AED 10,844 per sqft
15 Jan 2023RentedNew contract · flagged as an outlier
AED 2,500,000/yr12 months · AED 713 per sqft
9 Jun 2022SoldOff-plan
AED 18,500,000AED 5,251 per sqft
26 Sep 2021Sold by developerOff-plan
AED 15,836,800AED 4,495 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
3-bed apartment
Size
3,504 sqft
Floor
24th of 49
Parking
B-R430, B-R431
Developer
Atlantis The Palm 2 Development
Completed
2022
Last sold
AED 38M · October 2023

About 2401, The Royal Atlantis Residences

2401 is a three-bedroom apartment of 3,504 sqft on the 24th 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 26 October 2023 for AED 38,000,000, or AED 10,844 per sqft, 39% above the AED 7,789 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2023. The current contract, signed on 15 January 2023, is AED 2,500,000 a year: a gross yield of 6.6% on the 2023 price.

Sales and rents for 2401 over time

Sales
Unit 2401, 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 2021: AED 15,836,800 (AED 4,495 per sqft)Sold, June 2022: AED 18,500,000 (AED 5,251 per sqft)Sold, October 2023: AED 38,000,000 (AED 10,844 per sqft)

2401 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2401, 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 2401 sits

All 68 3-beds →

2401 last sold in October 2023 at AED 10,844 per sqft, 39% above what three-beds in The Royal Atlantis Residences were fetching at the time (AED 7,789). 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. 2401's AED 2,500,000 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
24023-bedAED 15.89M · Sep 2021
24033-bedAED 16M · Nov 2021
24042-bedAED 12.87M · Dec 2021
24053-bedAED 14.88M · Dec 2021

2401, The Royal Atlantis Residences in numbers

  • Sold 3 times: first on 26 September 2021 for AED 15,836,800, last on 26 October 2023 for AED 38,000,000 (AED 10,844 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 2,500,000 a year.
  • At AED 2,500,000 a year the gross yield on the 2023 price is 6.6%.
  • 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 26 October 2023.

Questions about 2401, The Royal Atlantis Residences

What did unit 2401 last sell for?

AED 38,000,000 on 26 October 2023: AED 10,844 per sqft for 3,504 sqft. The unit has 3 registered sales; the first was AED 15,836,800 in September 2021.

What is the rent for unit 2401?

AED 2,500,000 a year on the contract signed on 15 January 2023.

How big is unit 2401?

3,504 sqft (325.5 sqm): a three-bedroom apartment on the 24th floor of a 49-storey tower completed in 2022.

What is unit 2401 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 2401, The Royal Atlantis Residences

Starts from the last sale price (AED 38M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 38,000,000
Deposit, UAE resident (20%)
AED 7,600,000
Deposit, non-resident (40%)
AED 15,200,000
Monthly over 25 years at 3.7%
AED 155,470

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