2-bed · 936 sqftBurj Royale, Downtown Dubai · 15th floor · completed 2022

1502, Burj Royale

Sold prices and rental history: sold 4 times, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 9 September 2023
Last soldAED 3.9M9 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Burj Royale

What is 1502 worth today?

Last sold for AED 3,900,000 in 2023

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9 Sep 2023SoldReady
AED 3,900,000AED 4,167 per sqft
22 Mar 2023SoldReady
AED 3,050,000AED 3,259 per sqft
4 Apr 2022SoldOff-plan
AED 2,200,000AED 2,356 per sqft
30 Mar 2022Sold by developerOff-plan
AED 1,809,888AED 1,938 per sqft

Source: Dubai Land Department. Updated 9 September 2023.

Key facts

Type
2-bed apartment
Size
936 sqft
Floor
15th of 52
Parking
P3-098
Developer
Old Town Views
Completed
2022
Last sold
AED 3.9M · September 2023
Building
Burj Royale

About 1502, Burj Royale

1502 is a two-bedroom apartment of 936 sqft on the 15th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views. It last sold on 9 September 2023 for AED 3,900,000, or AED 4,167 per sqft, 50% above the AED 2,776 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in Burj Royale
2M4M2019202120232025Typical sale price by year: 2019 AED 1,881,888; 2020 AED 1,776,888; 2021 AED 1,801,888; 2022 AED 2,365,697; 2023 AED 3,000,000; 2024 AED 3,500,000; 2025 AED 4,325,000Sold by developer, March 2022: AED 1,809,888 (AED 1,938 per sqft)Sold, April 2022: AED 2,200,000 (AED 2,356 per sqft)Sold, March 2023: AED 3,050,000 (AED 3,259 per sqft)Sold, September 2023: AED 3,900,000 (AED 4,167 per sqft)

1502 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, each contractTypical two-bed in Burj Royale
190K200K20232024202520262027Typical rent by year: 2023 AED 185,000; 2024 AED 197,500; 2025 AED 190,000; 2026 AED 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 Burj Royale, and where 1502 sits

All 293 2-beds →

1502 last sold in September 2023 at AED 4,167 per sqft, 50% above what two-beds in Burj Royale were fetching at the time (AED 2,776). Over the last 12 months two-beds sold for AED 2,750,000 to 4,785,000, around AED 3,116 per sqft, and rent for AED 125,000 to 250,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20262,750,000
9 Jan 20262,860,000
8 Jul 20255,400,000
3 Jul 20254,200,000
4 2-bed sales in the last 12 months

Burj Royale

Building

602 apartments, 1-bed to 3-bed over 52 floors in Downtown Dubai, completed in 2022 by Old Town Views. 11 sold in the last 12 months.

Typical price per sqft
AED 3,212 Down 5.3%
Typical sale
AED 2.15M
Typical rent
AED 160K /yr
Typical yield
5.9%
Burj Royale, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 602 units in Burj Royale
Value
15012-bedAED 1.91M · Sep 2021
15032-bedAED 3.94M · Sep 2023
15041-bedAED 528K · Apr 2023
15051-bedAED 982K · May 2019
15062-bedAED 1.82M · Dec 2022
15072-bedAED 1.82M · Dec 2022
15081-bedAED 982K · Oct 2019
1–7 of 11

1502, Burj Royale in numbers

  • Sold 4 times: first on 30 March 2022 for AED 1,809,888, last on 9 September 2023 for AED 3,900,000 (AED 4,167 per sqft).
  • Two-beds in Burj Royale sold for AED 2,750,000–4,785,000 in the 12 months to November 2026; the building's median across all types is AED 3,212 per sqft.

Source: Dubai Land Department. Updated 9 September 2023.

Questions about 1502, Burj Royale

What did unit 1502 last sell for?

AED 3,900,000 on 9 September 2023: AED 4,167 per sqft for 936 sqft. The unit has 4 registered sales; the first was AED 1,809,888 in March 2022.

How big is unit 1502?

936 sqft (87.0 sqm): a two-bedroom apartment on the 15th floor of a 52-storey tower completed in 2022.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Royale sold for AED 2,750,000 to 4,785,000 in the last 12 months, around AED 3,116 per sqft.

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Mortgage on 1502, Burj Royale

Starts from the last sale price (AED 3.9M, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →