2-bed · 934 sqftBurj Royale, Downtown Dubai · 15th floor · completed 2022

1511, Burj Royale

Sold prices and rental history: sold twice, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 12 April 2022
Last soldAED 2.35M12 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, Burj Royale

What is 1511 worth today?

Last sold for AED 2,350,000 in 2022

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12 Apr 2022SoldOff-plan
AED 2,350,000AED 2,516 per sqft
8 Oct 2019Sold by developerOff-plan
AED 1,809,888AED 1,938 per sqft

Source: Dubai Land Department. Updated 12 April 2022.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
15th of 52
Parking
1
Developer
Old Town Views
Completed
2022
Last sold
AED 2.35M · April 2022
Building
Burj Royale

About 1511, Burj Royale

1511 is a two-bedroom apartment of 934 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 12 April 2022 for AED 2,350,000, or AED 2,516 per sqft, 33% above the AED 1,896 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1511 over time

Sales
Unit 1511, 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, October 2019: AED 1,809,888 (AED 1,938 per sqft)Sold, April 2022: AED 2,350,000 (AED 2,516 per sqft)

1511 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1511, 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 1511 sits

All 293 2-beds →

1511 last sold in April 2022 at AED 2,516 per sqft, 33% above what two-beds in Burj Royale were fetching at the time (AED 1,896). 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
15022-bedAED 3.9M · Sep 2023
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
1–7 of 11

1511, Burj Royale in numbers

  • Sold twice: first on 8 October 2019 for AED 1,809,888, last on 12 April 2022 for AED 2,350,000 (AED 2,516 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 12 April 2022.

Questions about 1511, Burj Royale

What did unit 1511 last sell for?

AED 2,350,000 on 12 April 2022: AED 2,516 per sqft for 934 sqft. The unit has 2 registered sales; the first was AED 1,809,888 in October 2019.

How big is unit 1511?

934 sqft (86.8 sqm): a two-bedroom apartment on the 15th floor of a 52-storey tower completed in 2022.

What is unit 1511 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 1511, Burj Royale

Starts from the last sale price (AED 2.35M, 12 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →