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Studio · 375 sqftRoy Mediterranean, Al Furjan · 4th floor · completed 2018

424, Roy Mediterranean

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

Unit 424 · DLD and Ejari recordsUpdated 5 May 2024
Last soldAED 508K13 March 2018
Current rentAED 40K /yr5 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 424, Roy Mediterranean

What is 424 worth today?

Last sold for AED 508,222 in 2018

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5 May 2024RentedNew contract
AED 40,000/yr12 months · AED 107 per sqft
20 Apr 2022RentedNew contract
AED 28,000/yr12 months · AED 75 per sqft
7 Jan 2020RentedNew contract
AED 29,000/yr12 months · AED 77 per sqft
1 Jul 2018RentedNew contract
AED 33,000/yr12 months · AED 88 per sqft
13 Mar 2018Sold by developerOff-plan
AED 508,222AED 1,354 per sqft

Source: Dubai Land Department. Updated 5 May 2024.

Key facts

Type
Studio hotel apartment
Size
375 sqft
Floor
4th of 7
Parking
P1-98
Developer
Azizi Developments
Completed
2018
Last sold
AED 508K · March 2018
Building
Roy Mediterranean

About 424, Roy Mediterranean

424 is a studio of 375 sqft on the 4th floor of Roy Mediterranean, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 13 March 2018 for AED 508,222, or AED 1,354 per sqft, in line with the AED 1,347 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 May 2024, is AED 40,000 a year: a gross yield of 7.9% on the 2018 price.

Sales and rents for 424 over time

Sales
Unit 424, 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, March 2018: AED 508,222 (AED 1,354 per sqft)

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

Rents
Unit 424, 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, July 2018: AED 33,000 a yearNew contract, January 2020: AED 29,000 a yearNew contract, April 2022: AED 28,000 a yearNew contract, May 2024: AED 40,000 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 424 sits

All 213 studios →

424 last sold in March 2018 at AED 1,354 per sqft, in line with what studios in Roy Mediterranean were fetching at the time (AED 1,347). 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. 424's AED 40,000 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 4th floor

All 271 units in Roy Mediterranean
Value
4011-bedAED 757K · Jun 2019
402StudioAED 525K · Dec 2017
403StudioAED 506K · Mar 2017
404StudioAED 522K · Feb 2018
405StudioAED 526K · Jan 2017
406AED 510K · Aug 2025
407AED 780K · Aug 2025
1–7 of 38

424, Roy Mediterranean in numbers

  • Sold once: by Azizi Developments on 13 March 2018 for AED 508,222, or AED 1,354 per sqft.
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 33,000 to AED 28,000 in 2022 and recovered to AED 40,000 by May 2024.
  • At AED 40,000 a year the gross yield on the 2018 price is 7.9%.
  • 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 May 2024.

Questions about 424, Roy Mediterranean

What did unit 424 last sell for?

AED 508,222 on 13 March 2018, sold by the developer: AED 1,354 per sqft for 375 sqft. It is the only registered sale of the unit.

What is the rent for unit 424?

AED 40,000 a year on the contract signed on 5 May 2024. The previous contract, from April 2022, was AED 28,000; the unit has been rented since July 2018.

How big is unit 424?

375 sqft (34.8 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 424 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 424, Roy Mediterranean

Starts from the last sale price (AED 508K, 13 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 508,222
Deposit, UAE resident (20%)
AED 101,644
Deposit, non-resident (40%)
AED 203,289
Monthly over 25 years at 3.7%
AED 2,079

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