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Studio · 412 sqftRoy Mediterranean, Al Furjan · 5th floor · completed 2018

515, Roy Mediterranean

Sold prices and rental history: sold twice, last in November 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 468K29 November 2024
Current rentAED 48K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Roy Mediterranean

What is 515 worth today?

Last sold for AED 468,000 in 2024

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29 Nov 2024SoldReady
AED 468,000AED 1,136 per sqft
15 Aug 2023RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
4 Jan 2017Sold by developerOff-plan
AED 552,638AED 1,342 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
Studio hotel apartment
Size
412 sqft
Floor
5th of 7
Parking
P2-8
Developer
Azizi Developments
Completed
2018
Last sold
AED 468K · November 2024
Building
Roy Mediterranean

About 515, Roy Mediterranean

515 is a studio of 412 sqft on the 5th floor of Roy Mediterranean, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. It last sold on 29 November 2024 for AED 468,000, or AED 1,136 per sqft, in line with the AED 1,163 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2023. The current contract, signed on 15 August 2023, is AED 48,000 a year: a gross yield of 10.3% on the 2024 price.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical studio in Roy Mediterranean
400K600K2016201920222025Typical 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, January 2017: AED 552,638 (AED 1,342 per sqft)Sold, November 2024: AED 468,000 (AED 1,136 per sqft)

515 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 515, 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, August 2023: AED 48,000 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 515 sits

All 213 studios →

515 last sold in November 2024 at AED 1,136 per sqft, in line with what studios in Roy Mediterranean were fetching at the time (AED 1,163). 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. 515's AED 48,000 is in the upper 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 5th floor

All 271 units in Roy Mediterranean
Value
5011-bedAED 748K · Jun 2019
502AED 500K · Oct 2025
503StudioAED 445K · Jan 2025
504StudioAED 429K · Mar 2023
505StudioAED 500K · Sep 2018
506AED 510K · Aug 2025
5071-bedAED 781K · Sep 2018
1–7 of 38

515, Roy Mediterranean in numbers

  • Sold twice: first on 4 January 2017 for AED 552,638, last on 29 November 2024 for AED 468,000 (AED 1,136 per sqft).
  • Rented since August 2023 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 10.3%.
  • 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 29 November 2024.

Questions about 515, Roy Mediterranean

What did unit 515 last sell for?

AED 468,000 on 29 November 2024: AED 1,136 per sqft for 412 sqft. The unit has 2 registered sales; the first was AED 552,638 in January 2017.

What is the rent for unit 515?

AED 48,000 a year on the contract signed on 15 August 2023.

How big is unit 515?

412 sqft (38.3 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.

What is unit 515 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 515, Roy Mediterranean

Starts from the last sale price (AED 468K, 29 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 468,000
Deposit, UAE resident (20%)
AED 93,600
Deposit, non-resident (40%)
AED 187,200
Monthly over 25 years at 3.7%
AED 1,915

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