506, The Royal Atlantis Residences
Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, The Royal Atlantis Residences
What is 506 worth today?
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Source: Dubai Land Department. Updated 8 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,482 sqft
- Floor
- 5th of 49
- Parking
- B-R005, B-R006
- Developer
- Atlantis The Palm 2 Development
- Completed
- 2022
- Last sold
- AED 9.5M · February 2020
- Building
- The Royal Atlantis Residences
About 506, The Royal Atlantis Residences
506 is a two-bedroom apartment of 2,482 sqft on the 5th 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 5 February 2020 for AED 9,500,000, or AED 3,838 per sqft, in line with the AED 3,838 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 8 November 2025, is AED 970,000 a year: a gross yield of 10.2% on the 2020 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 127 2-beds →506 last sold in February 2020 at AED 3,838 per sqft, in line with what two-beds in The Royal Atlantis Residences were fetching at the time (AED 3,838). 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. 506's AED 970,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Aug 20267 August 2026 | 2,255 sqft | 14,000,000 | 6,208 | ||
| 1 Jul 20261 July 2026 | 1,923 sqft | 16,030,000 | 8,334 | ||
| 24 Jun 202624 June 2026 | 1,925 sqft | 15,500,000 | 8,050 | ||
| 12 May 202612 May 2026 | 2,207 sqft | 14,500,000 | 6,570 |
The Royal Atlantis Residences
Building232 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%
Other units on the 5th floor
All 232 units in The Royal Atlantis Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 24 sqft | AED 190KAED 190,000 · Feb 2025February 2025 | ||
| 502 | 2-bed | 2,735 sqft | AED 10.04MAED 10,036,000 · Jan 2022January 2022 | ||
| 503 | 2-bed | 2,394 sqft | AED 9.68MAED 9,680,220 · Oct 2021October 2021 | ||
| 504 | 2-bed | 2,741 sqft | AED 11.58MAED 11,580,000 · Feb 2022February 2022 | ||
| 505 | 2-bed | 1,913 sqft | AED 17.75MAED 17,750,000 · Jun 2024June 2024 | ||
| 507 | 2-bed | 1,928 sqft | AED 7.46MAED 7,464,660 · Jan 2022January 2022 | ||
| 508 | 2-bed | 2,026 sqft | AED 15MAED 15,000,000 · Dec 2025December 2025 | ||
| 509 | 2-bed | 2,149 sqft | AED 10.99MAED 10,993,000 · Apr 2022April 2022 | ||
| 510 | 2-bed | 2,392 sqft | AED 21MAED 21,000,000 · Feb 2024February 2024 |
506, The Royal Atlantis Residences in numbers
- Sold once: by Atlantis The Palm 2 Development on 5 February 2020 for AED 9,500,000, or AED 3,838 per sqft.
- Rented since November 2024 on 2 Ejari contracts, at AED 970,000 a year.
- At AED 970,000 a year the gross yield on the 2020 price is 10.2%.
- 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 8 November 2025.
Questions about 506, The Royal Atlantis Residences
What did unit 506 last sell for?
AED 9,500,000 on 5 February 2020, sold by the developer: AED 3,838 per sqft for 2,482 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 970,000 a year on the contract renewed on 8 November 2025. The previous contract, from November 2024, was AED 970,000.
How big is unit 506?
2,482 sqft (230.6 sqm): a two-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.
What is unit 506 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 506, The Royal Atlantis Residences
Starts from the last sale price (AED 9.5M, 5 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 9,500,000
- Deposit, UAE resident (20%)
- AED 1,900,000
- Deposit, non-resident (40%)
- AED 3,800,000
- Monthly over 25 years at 3.7%
- AED 38,867
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →