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Studio · 387 sqftRoy Mediterranean, Al Furjan · 1st floor · completed 2018

124, Roy Mediterranean

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 5 August 2023
Last soldAED 422K29 October 2018
Current rentAED 36K /yr5 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Roy Mediterranean

What is 124 worth today?

Last sold for AED 421,614 in 2018

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5 Aug 2023RentedNew contract
AED 36,000/yr12 months · AED 93 per sqft
22 Jan 2022RentedRenewal
AED 26,000/yr12 months · AED 67 per sqft
22 Jan 2021RentedRenewal
AED 26,000/yr12 months · AED 67 per sqft
22 Jan 2020RentedRenewal
AED 34,000/yr12 months · AED 88 per sqft
22 Jan 2019RentedNew contract
AED 37,000/yr12 months · AED 95 per sqft
29 Oct 2018Sold by developerReady
AED 421,614AED 1,088 per sqft

Source: Dubai Land Department. Updated 5 August 2023.

Key facts

Type
Studio hotel apartment
Size
387 sqft
Floor
1st of 7
Parking
G-47
Developer
Azizi Developments
Completed
2018
Last sold
AED 422K · October 2018
Building
Roy Mediterranean

About 124, Roy Mediterranean

124 is a studio of 387 sqft on the 1st floor of Roy Mediterranean, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 29 October 2018 for AED 421,614, or AED 1,088 per sqft, 19% below the AED 1,344 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 August 2023, is AED 36,000 a year: a gross yield of 8.5% on the 2018 price.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical studio in Roy Mediterranean
400K2016201920222025Typical sale price by year: 2016 AED 522,250; 2017 AED 520,178; 2018 AED 509,256; 2019 AED 443,170; 2020 AED 420,640; 2021 AED 280,755; 2022 AED 345,000; 2023 AED 385,000; 2024 AED 450,000; 2025 AED 480,000; 2026 AED 506,340Sold by developer, October 2018: AED 421,614 (AED 1,088 per sqft)

124 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 124, each contractTypical studio in Roy Mediterranean
40K2018202120242027Typical rent by year: 2018 AED 34,000; 2019 AED 32,000; 2020 AED 25,000; 2021 AED 24,967; 2022 AED 29,000; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 44,050; 2026 AED 47,500New contract, January 2019: AED 37,000 a yearRenewal, January 2020: AED 34,000 a yearRenewal, January 2021: AED 26,000 a yearRenewal, January 2022: AED 26,000 a yearNew contract, August 2023: AED 36,000 a year

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

Studios in Roy Mediterranean, and where 124 sits

All 213 studios →

124 last sold in October 2018 at AED 1,088 per sqft, 19% below what studios in Roy Mediterranean were fetching at the time (AED 1,344). Over the last 12 months studios sold for AED 485,000 to 530,000, around AED 1,342 per sqft, and rent for AED 33,460 to 60,639 a year. 124's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jan 2026500,000
29 Jan 2026525,000
29 Jan 2026506,340
29 Dec 2025485,000
7 studio sales in the last 12 months

Roy Mediterranean

Building

271 apartments, studios to 1-bed over 7 floors in Al Furjan, completed in 2018 by Azizi Developments. 10 sold in the last 12 months.

Typical price per sqft
AED 1,296 Up 5.5%
Typical sale
AED 516K
Typical rent
AED 48K /yr
Typical yield
8.8%
Roy Mediterranean, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 271 units in Roy Mediterranean
Value
1011-bedAED 773K · Aug 2024
102StudioAED 395K · Feb 2024
103StudioAED 619K · Apr 2017
104AED 481K · Sep 2025
105StudioAED 503K · Feb 2019
106StudioAED 335K · Dec 2020
1071-bedAED 1.06M · Oct 2017
1–7 of 36

124, Roy Mediterranean in numbers

  • Sold once: by Azizi Developments on 29 October 2018 for AED 421,614, or AED 1,088 per sqft.
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 37,000 to AED 26,000 in 2022 and recovered to AED 36,000 by August 2023.
  • At AED 36,000 a year the gross yield on the 2018 price is 8.5%.
  • Studios in Roy Mediterranean sold for AED 485,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 1,296 per sqft.

Source: Dubai Land Department. Updated 5 August 2023.

Questions about 124, Roy Mediterranean

What did unit 124 last sell for?

AED 421,614 on 29 October 2018, sold by the developer: AED 1,088 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 36,000 a year on the contract signed on 5 August 2023. The previous contract, from January 2022, was AED 26,000; the unit has been rented since January 2019.

How big is unit 124?

387 sqft (36.0 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Roy Mediterranean sold for AED 485,000 to 530,000 in the last 12 months, around AED 1,342 per sqft.

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Mortgage on 124, Roy Mediterranean

Starts from the last sale price (AED 422K, 29 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 421,614
Deposit, UAE resident (20%)
AED 84,323
Deposit, non-resident (40%)
AED 168,646
Monthly over 25 years at 3.7%
AED 1,725

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