1-bed · 590 sqftBurj Royale, Downtown Dubai · 16th floor · completed 2022

1605, Burj Royale

Sold prices and rental history: sold twice, last in January 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 984K20 January 2022
Current rentAED 115K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Burj Royale

What is 1605 worth today?

Last sold for AED 983,888 in 2022

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21 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 194 per sqft
12 May 2023RentedNew contract
AED 115,000/yr12 months · AED 194 per sqft
20 Jan 2022SoldOff-plan
AED 983,888AED 1,667 per sqft
22 Sep 2021Sold by developerOff-plan
AED 983,888AED 1,667 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
1-bed apartment
Size
590 sqft
Floor
16th of 52
Parking
1
Developer
Old Town Views
Completed
2022
Last sold
AED 984K · January 2022
Building
Burj Royale

About 1605, Burj Royale

1605 is a one-bedroom apartment of 590 sqft on the 16th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views. It last sold on 20 January 2022 for AED 983,888, or AED 1,667 per sqft, in line with the AED 1,667 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 21 October 2024, is AED 115,000 a year: a gross yield of 11.7% on the 2022 price.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical one-bed in Burj Royale
1M1.5M2M2019202120232025Typical sale price by year: 2019 AED 1,046,888; 2020 AED 1,035,888; 2021 AED 1,035,888; 2022 AED 1,375,000; 2023 AED 1,600,000; 2024 AED 1,937,500; 2025 AED 1,997,500Sold by developer, September 2021: AED 983,888 (AED 1,667 per sqft)Sold, January 2022: AED 983,888 (AED 1,667 per sqft)

1605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in Burj Royale
115K120K20232024202520262027Typical rent by year: 2023 AED 112,500; 2024 AED 115,000; 2025 AED 119,000; 2026 AED 112,500New contract, May 2023: AED 115,000 a yearNew contract, October 2024: AED 115,000 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 Burj Royale, and where 1605 sits

All 232 1-beds →

1605 last sold in January 2022 at AED 1,667 per sqft, in line with what one-beds in Burj Royale were fetching at the time (AED 1,667). Over the last 12 months one-beds sold for AED 1,800,000 to 2,200,000, around AED 3,212 per sqft, and rent for AED 98,000 to 142,500 a year. 1605's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20262,075,000
20 Jan 20261,800,000
15 Dec 20252,150,000
12 Dec 20252,120,000
7 1-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 16th floor

All 602 units in Burj Royale
Value
16012-bedAED 3.8M · May 2023
16022-bedAED 3.6M · Oct 2024
16032-bedAED 1.9M · Jul 2019
16041-bedAED 1.06M · Jun 2019
16062-bedAED 2.08M · Feb 2023
16072-bedAED 2.2M · Jan 2023
16081-bedAED 1.68M · Jan 2023
1–7 of 11

1605, Burj Royale in numbers

  • Sold twice: first on 22 September 2021 for AED 983,888, last on 20 January 2022 for AED 983,888 (AED 1,667 per sqft).
  • Rented since May 2023 on 2 Ejari contracts, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 11.7%.
  • One-beds in Burj Royale sold for AED 1,800,000–2,200,000 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 21 October 2024.

Questions about 1605, Burj Royale

What did unit 1605 last sell for?

AED 983,888 on 20 January 2022: AED 1,667 per sqft for 590 sqft. The unit has 2 registered sales; the first was AED 983,888 in September 2021.

What is the rent for unit 1605?

AED 115,000 a year on the contract signed on 21 October 2024. The previous contract, from May 2023, was AED 115,000.

How big is unit 1605?

590 sqft (54.8 sqm): a one-bedroom apartment on the 16th floor of a 52-storey tower completed in 2022.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Royale sold for AED 1,800,000 to 2,200,000 in the last 12 months, around AED 3,212 per sqft.

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Mortgage on 1605, Burj Royale

Starts from the last sale price (AED 984K, 20 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 983,888
Deposit, UAE resident (20%)
AED 196,778
Deposit, non-resident (40%)
AED 393,555
Monthly over 25 years at 3.7%
AED 4,025

Plus AED 46,334 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →