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1-bed · 733 sqftRoy Mediterranean, Al Furjan · 6th floor · completed 2018

623, Roy Mediterranean

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 18 April 2024
Last soldAED 1.01M27 September 2017
Current rentAED 63K /yr18 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Roy Mediterranean

What is 623 worth today?

Last sold for AED 1,006,000 in 2017

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18 Apr 2024RentedRenewal
AED 62,500/yr12 months · AED 85 per sqft
18 Apr 2023RentedNew contract
AED 54,000/yr12 months · AED 74 per sqft
16 Feb 2022RentedRenewal
AED 42,000/yr12 months · AED 57 per sqft
1 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 57 per sqft
1 Aug 2018RentedNew contract
AED 53,000/yr12 months · AED 72 per sqft
27 Sep 2017Sold by developerOff-plan
AED 1,006,000AED 1,372 per sqft

Source: Dubai Land Department. Updated 18 April 2024.

Key facts

Type
1-bed hotel apartment
Size
733 sqft
Floor
6th of 7
Parking
P2-57
Developer
Azizi Developments
Completed
2018
Last sold
AED 1.01M · September 2017
Building
Roy Mediterranean

About 623, Roy Mediterranean

623 is a one-bedroom hotel apartment of 733 sqft on the 6th floor of Roy Mediterranean, a 7-storey tower in Al Furjan completed in 2018 by Azizi Developments. The developer sold it on 27 September 2017 for AED 1,006,000, or AED 1,372 per sqft, 5% above the AED 1,302 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 18 April 2024, is AED 62,500 a year: a gross yield of 6.2% on the 2017 price.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical one-bed in Roy Mediterranean
600K800K1M2017202020232026Typical sale price by year: 2017 AED 1,002,894; 2018 AED 993,585; 2019 AED 752,380; 2023 AED 621,421; 2024 AED 767,750; 2025 AED 810,000; 2026 AED 800,000Sold by developer, September 2017: AED 1,006,000 (AED 1,372 per sqft)

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

Rents
Unit 623, each contractTypical one-bed in Roy Mediterranean
40K60K20182020202220242026Typical rent by year: 2018 AED 54,500; 2019 AED 53,000; 2020 AED 42,000; 2021 AED 38,000; 2022 AED 44,000; 2023 AED 50,000; 2024 AED 57,500; 2025 AED 64,000New contract, August 2018: AED 53,000 a yearNew contract, August 2020: AED 42,000 a yearRenewal, February 2022: AED 42,000 a yearNew contract, April 2023: AED 54,000 a yearRenewal, April 2024: AED 62,500 a year

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

1-beds in Roy Mediterranean, and where 623 sits

All 45 1-beds →

623 last sold in September 2017 at AED 1,372 per sqft, 5% above what one-beds in Roy Mediterranean were fetching at the time (AED 1,302). Over the last 12 months one-beds sold for AED 645,399 to 868,000, around AED 1,042 per sqft, and rent for AED 51,975 to 68,500 a year. 623's AED 62,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 2026800,000
20 Jan 2026868,000
19 Jan 2026645,399
22 Jul 2025810,000
3 1-bed 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 6th floor

All 271 units in Roy Mediterranean
Value
6011-bedAED 1.19M · Dec 2017
602StudioAED 556K · Jan 2017
603StudioAED 465K · Mar 2025
604AED 414K · Nov 2025
605StudioAED 465K · Nov 2024
606StudioAED 470K · Apr 2025
6071-bedAED 755K · Mar 2025
1–7 of 38

623, Roy Mediterranean in numbers

  • Sold once: by Azizi Developments on 27 September 2017 for AED 1,006,000, or AED 1,372 per sqft.
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 42,000 in 2022 and recovered to AED 62,500 by April 2024.
  • At AED 62,500 a year the gross yield on the 2017 price is 6.2%.
  • One-beds in Roy Mediterranean sold for AED 645,399–868,000 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 18 April 2024.

Questions about 623, Roy Mediterranean

What did unit 623 last sell for?

AED 1,006,000 on 27 September 2017, sold by the developer: AED 1,372 per sqft for 733 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 62,500 a year on the contract renewed on 18 April 2024. The previous contract, from April 2023, was AED 54,000; the unit has been rented since August 2018.

How big is unit 623?

733 sqft (68.1 sqm): a one-bedroom hotel apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 623 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Roy Mediterranean sold for AED 645,399 to 868,000 in the last 12 months, around AED 1,042 per sqft.

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Mortgage on 623, Roy Mediterranean

Starts from the last sale price (AED 1.01M, 27 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,006,000
Deposit, UAE resident (20%)
AED 201,200
Deposit, non-resident (40%)
AED 402,400
Monthly over 25 years at 3.7%
AED 4,116

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