2-bed · 951 sqftBurj Royale, Downtown Dubai · 15th floor · completed 2022

1506, Burj Royale

Sold prices and rental history: sold twice, last in December 2022, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1506 · DLD and Ejari recordsUpdated 28 March 2024

Last soldAED 1.82M23 December 2022

Current rentAED 175K /yr28 March 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1506, Burj Royale

Today

What is 1506 worth today?

Last sold for AED 1,820,000 in 2022

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28 Mar 2024

28 Mar 2024RentedNew contract

AED 175,000/yr12 months · AED 184 per sqft

23 Dec 2022

23 Dec 2022SoldReady

AED 1,820,000AED 1,913 per sqft

21 May 2019

21 May 2019Sold by developerOff-plan

AED 1,503,888AED 1,578 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type: 2-bed apartment
Size: 951 sqft
Floor: 15th of 52
Parking: P1-127
Developer: Old Town Views
Completed: 2022
Last sold: AED 1.82M · December 2022
Building: Burj Royale

About 1506, Burj Royale

1506 is a two-bedroom apartment of 951 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 23 December 2022 for AED 1,820,000, or AED 1,913 per sqft, 19% below the AED 2,360 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 March 2024. The current contract, signed on 28 March 2024, is AED 175,000 a year: a gross yield of 9.6% on the 2022 price.

Sales and rents for 1506 over time

Sales

Unit 1506, each saleTypical two-bed in Burj Royale

1506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1506, each contractTypical two-bed in Burj Royale

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 1506 sits

All 293 2-beds →

2-beds in Burj Royale · last 12 months3,116 /sqft Burj Royale · all types3,212 /sqft

1506 last sold in December 2022 at AED 1,913 per sqft, 19% below what two-beds in Burj Royale were fetching at the time (AED 2,360). 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. 1506's AED 175,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
13 Feb 202613 February 2026	1,038 sqft	2,750,000	2,649
9 Jan 20269 January 2026	954 sqft	2,860,000	2,997
8 Jul 20258 July 2025	959 sqft	5,400,000	5,630
3 Jul 20253 July 2025	1,057 sqft	4,200,000	3,973

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


1501	2-bed	1,016 sqft	AED 1.91MAED 1,905,888 · Sep 2021September 2021	220,000 /yr
1502	2-bed	936 sqft	AED 3.9MAED 3,900,000 · Sep 2023September 2023
1503	2-bed	1,045 sqft	AED 3.94MAED 3,940,000 · Sep 2023September 2023
1504	1-bed	316 sqft	AED 528KAED 527,500 · Apr 2023April 2023	140,000 /yr
1505	1-bed	590 sqft	AED 982KAED 981,888 · May 2019May 2019	100,000 /yr
1507	2-bed	989 sqft	AED 1.82MAED 1,820,000 · Dec 2022December 2022	165,000 /yr
1508	1-bed	590 sqft	AED 982KAED 981,888 · Oct 2019October 2019	112,500 /yr
1509	1-bed	631 sqft	AED 1.4MAED 1,400,000 · Nov 2022November 2022
1510	2-bed	1,039 sqft	AED 1.89MAED 1,890,888 · Aug 2019August 2019	195,000 /yr
1511	2-bed	934 sqft	AED 2.35MAED 2,350,000 · Apr 2022April 2022
1512	2-bed	1,021 sqft	AED 3.43MAED 3,430,000 · Apr 2023April 2023

1–7 of 11

1506, Burj Royale in numbers

Sold twice: first on 21 May 2019 for AED 1,503,888, last on 23 December 2022 for AED 1,820,000 (AED 1,913 per sqft).
Rented since March 2024 on one Ejari contract, at AED 175,000 a year.
At AED 175,000 a year the gross yield on the 2022 price is 9.6%.
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 28 March 2024.

Questions about 1506, Burj Royale

What did unit 1506 last sell for?

AED 1,820,000 on 23 December 2022: AED 1,913 per sqft for 951 sqft. The unit has 2 registered sales; the first was AED 1,503,888 in May 2019.

What is the rent for unit 1506?

AED 175,000 a year on the contract signed on 28 March 2024.

How big is unit 1506?

951 sqft (88.4 sqm): a two-bedroom apartment on the 15th floor of a 52-storey tower completed in 2022.

What is unit 1506 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 1506, Burj Royale

Starts from the last sale price (AED 1.82M, 23 December 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,820,000
Deposit, UAE resident (20%): AED 364,000
Deposit, non-resident (40%): AED 728,000
Monthly over 25 years at 3.7%: AED 7,446

Plus AED 81,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →