2-bed · 2,149 sqftThe Royal Atlantis Residences, Palm Jumeirah · 5th floor · completed 2022

509, The Royal Atlantis Residences

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 21 April 2022
Last soldAED 10.99M21 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, The Royal Atlantis Residences

What is 509 worth today?

Last sold for AED 10,993,000 in 2022

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21 Apr 2022Sold by developerOff-plan
AED 10,993,000AED 5,115 per sqft

Source: Dubai Land Department. Updated 21 April 2022.

Key facts

Type
2-bed apartment
Size
2,149 sqft
Floor
5th of 49
Parking
2
Developer
Atlantis The Palm 2 Development
Completed
2022
Last sold
AED 10.99M · April 2022

About 509, The Royal Atlantis Residences

509 is a two-bedroom apartment of 2,149 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 21 April 2022 for AED 10,993,000, or AED 5,115 per sqft, 25% above the AED 4,091 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, 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, April 2022: AED 10,993,000 (AED 5,115 per sqft)

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

Rents
Unit 509, 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 509 sits

All 127 2-beds →

509 last sold in April 2022 at AED 5,115 per sqft, 25% above what two-beds in The Royal Atlantis Residences were fetching at the time (AED 4,091). 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
5012-bedAED 190K · Feb 2025
5022-bedAED 10.04M · Jan 2022
5032-bedAED 9.68M · Oct 2021
5042-bedAED 11.58M · Feb 2022
5052-bedAED 17.75M · Jun 2024
5062-bedAED 9.5M · Feb 2020
5072-bedAED 7.46M · Jan 2022
1–7 of 9

509, The Royal Atlantis Residences in numbers

  • Sold once: by Atlantis The Palm 2 Development on 21 April 2022 for AED 10,993,000, or AED 5,115 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 21 April 2022.

Questions about 509, The Royal Atlantis Residences

What did unit 509 last sell for?

AED 10,993,000 on 21 April 2022, sold by the developer: AED 5,115 per sqft for 2,149 sqft. It is the only registered sale of the unit.

How big is unit 509?

2,149 sqft (199.6 sqm): a two-bedroom apartment on the 5th floor of a 49-storey tower completed in 2022.

What is unit 509 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 509, The Royal Atlantis Residences

Starts from the last sale price (AED 10.99M, 21 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 10,993,000
Deposit, UAE resident (20%)
AED 2,198,600
Deposit, non-resident (40%)
AED 4,397,200
Monthly over 25 years at 3.7%
AED 44,976

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