2-bed · 1,017 sqftBurj Royale, Downtown Dubai · 16th floor · completed 2022

1612, Burj Royale

Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 14 September 2021
Last soldAED 1.92M14 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Burj Royale

What is 1612 worth today?

Last sold for AED 1,918,888 in 2021

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14 Sep 2021Sold by developerOff-plan
AED 1,918,888AED 1,886 per sqft

Source: Dubai Land Department. Updated 14 September 2021.

Key facts

Type
2-bed apartment
Size
1,017 sqft
Floor
16th of 52
Parking
1
Developer
Old Town Views
Completed
2022
Last sold
AED 1.92M · September 2021
Building
Burj Royale

About 1612, Burj Royale

1612 is a two-bedroom apartment of 1,017 sqft on the 16th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views. The developer sold it on 14 September 2021 for AED 1,918,888, or AED 1,886 per sqft, 12% above the AED 1,680 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1612 over time

Sales
Unit 1612, 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, September 2021: AED 1,918,888 (AED 1,886 per sqft)

1612 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1612, 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 1612 sits

All 293 2-beds →

1612 last sold in September 2021 at AED 1,886 per sqft, 12% above what two-beds in Burj Royale were fetching at the time (AED 1,680). 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 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
16051-bedAED 984K · Jan 2022
16062-bedAED 2.08M · Feb 2023
16072-bedAED 2.2M · Jan 2023
1–7 of 11

1612, Burj Royale in numbers

  • Sold once: by Old Town Views on 14 September 2021 for AED 1,918,888, or AED 1,886 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 14 September 2021.

Questions about 1612, Burj Royale

What did unit 1612 last sell for?

AED 1,918,888 on 14 September 2021, sold by the developer: AED 1,886 per sqft for 1,017 sqft. It is the only registered sale of the unit.

How big is unit 1612?

1,017 sqft (94.5 sqm): a two-bedroom apartment on the 16th floor of a 52-storey tower completed in 2022.

What is unit 1612 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 1612, Burj Royale

Starts from the last sale price (AED 1.92M, 14 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,918,888
Deposit, UAE resident (20%)
AED 383,778
Deposit, non-resident (40%)
AED 767,555
Monthly over 25 years at 3.7%
AED 7,851

Plus AED 85,604 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →