2-bed · 936 sqftBurj Royale, Downtown Dubai · 24th floor · completed 2022

2402, Burj Royale

Sold prices and rental history: sold 3 times, last in February 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 2.95M22 February 2023
Current rentAED 200K /yr7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Burj Royale

What is 2402 worth today?

Last sold for AED 2,950,000 in 2023

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7 Aug 2024RentedRenewal
AED 200,000/yr12 months · AED 214 per sqft
22 Feb 2023SoldReady
AED 2,950,000AED 3,152 per sqft
10 May 2022SoldOff-plan
AED 2,750,000AED 2,945 per sqft
21 May 2019Sold by developerOff-plan
AED 1,817,259AED 1,946 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
2-bed apartment
Size
936 sqft
Floor
24th of 52
Parking
P3-016
Developer
Old Town Views
Completed
2022
Last sold
AED 2.95M · February 2023
Building
Burj Royale

About 2402, Burj Royale

2402 is a two-bedroom apartment of 936 sqft on the 24th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views. It last sold on 22 February 2023 for AED 2,950,000, or AED 3,152 per sqft, 28% above the AED 2,464 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 August 2024. The current contract, renewed on 7 August 2024, is AED 200,000 a year: a gross yield of 6.8% on the 2023 price.

Sales and rents for 2402 over time

Sales
Unit 2402, 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, May 2019: AED 1,817,259 (AED 1,946 per sqft)Sold, May 2022: AED 2,750,000 (AED 2,945 per sqft)Sold, February 2023: AED 2,950,000 (AED 3,152 per sqft)

2402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, 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 200,000Renewal, August 2024: AED 200,000 a year

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 2402 sits

All 293 2-beds →

2402 last sold in February 2023 at AED 3,152 per sqft, 28% above what two-beds in Burj Royale were fetching at the time (AED 2,464). 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. 2402's AED 200,000 is in the upper half of that range.

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 24th floor

All 602 units in Burj Royale
Value
24012-bedAED 2.9M · Jun 2022
24032-bedAED 2.9M · Jun 2022
24041-bedAED 1.5M · Jun 2022
24051-bedAED 1.5M · Jun 2022
24062-bedAED 2.2M · Dec 2022
24072-bedAED 2.2M · Jun 2022
24081-bedAED 1.93M · Nov 2024
1–7 of 11

2402, Burj Royale in numbers

  • Sold 3 times: first on 21 May 2019 for AED 1,817,259, last on 22 February 2023 for AED 2,950,000 (AED 3,152 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2023 price is 6.8%.
  • 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 7 August 2024.

Questions about 2402, Burj Royale

What did unit 2402 last sell for?

AED 2,950,000 on 22 February 2023: AED 3,152 per sqft for 936 sqft. The unit has 3 registered sales; the first was AED 1,817,259 in May 2019.

What is the rent for unit 2402?

AED 200,000 a year on the contract renewed on 7 August 2024.

How big is unit 2402?

936 sqft (87.0 sqm): a two-bedroom apartment on the 24th floor of a 52-storey tower completed in 2022.

What is unit 2402 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 2402, Burj Royale

Starts from the last sale price (AED 2.95M, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →