3-bed · 1,318 sqftBurj Royale, Downtown Dubai · 50th floor · completed 2022

5002, Burj Royale

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

Unit 5002 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 5.45M6 July 2023
Current rentAED 340K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5002, Burj Royale

What is 5002 worth today?

Last sold for AED 5,450,000 in 2023

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10 Nov 2024RentedNew contract
AED 340,000/yr12 months · AED 259 per sqft
6 Jul 2023SoldReady
AED 5,450,000AED 4,136 per sqft
23 Dec 2022SoldReady
AED 4,600,000AED 3,491 per sqft
24 Mar 2022Sold by developerOff-plan
AED 4,311,888AED 3,286 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
3-bed apartment
Size
1,318 sqft
Floor
50th of 52
Parking
G-024, G-025
Developer
Old Town Views
Completed
2022
Last sold
AED 5.45M · July 2023
Building
Burj Royale

About 5002, Burj Royale

5002 is a three-bedroom apartment of 1,318 sqft on the 50th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views. It last sold on 6 July 2023 for AED 5,450,000, or AED 4,136 per sqft, 28% above the AED 3,229 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 November 2024. The current contract, signed on 10 November 2024, is AED 340,000 a year: a gross yield of 6.2% on the 2023 price.

Sales and rents for 5002 over time

Sales
Unit 5002, each saleTypical three-bed in Burj Royale
4M6M2019202120232025Typical sale price by year: 2019 AED 2,866,888; 2020 AED 2,762,388; 2021 AED 2,800,000; 2022 AED 4,006,347; 2023 AED 4,530,000; 2024 AED 5,465,000; 2025 AED 5,667,444Sold by developer, March 2022: AED 4,311,888 (AED 3,286 per sqft)Sold, December 2022: AED 4,600,000 (AED 3,491 per sqft)Sold, July 2023: AED 5,450,000 (AED 4,136 per sqft)

5002 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5002, each contractTypical three-bed in Burj Royale
250K300K350K2024202520262027Typical rent by year: 2024 AED 300,000; 2025 AED 300,000; 2026 AED 235,000New contract, November 2024: AED 340,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Burj Royale, and where 5002 sits

All 60 3-beds →

5002 last sold in July 2023 at AED 4,136 per sqft, 28% above what three-beds in Burj Royale were fetching at the time (AED 3,229). 5002's AED 340,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Jul 20251,665,000
24 Mar 20256,000,000
20 Feb 20255,979,888
6 Feb 20255,355,000
0 3-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 50th floor

All 602 units in Burj Royale
Value
50012-bedAED 3.56M · Nov 2022
50031-bedAED 1.91M · Nov 2022
50041-bedAED 1.86M · Jan 2023
50052-bedAED 2.79M · Jan 2023
50062-bedAED 2.93M · Jan 2023
50071-bedAED 1.84M · Feb 2023
50081-bedAED 2M · Jul 2024
1–7 of 10

5002, Burj Royale in numbers

  • Sold 3 times: first on 24 March 2022 for AED 4,311,888, last on 6 July 2023 for AED 5,450,000 (AED 4,136 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2023 price is 6.2%.

Source: Dubai Land Department. Updated 10 November 2024.

Questions about 5002, Burj Royale

What did unit 5002 last sell for?

AED 5,450,000 on 6 July 2023: AED 4,136 per sqft for 1,318 sqft. The unit has 3 registered sales; the first was AED 4,311,888 in March 2022.

What is the rent for unit 5002?

AED 340,000 a year on the contract signed on 10 November 2024.

How big is unit 5002?

1,318 sqft (122.4 sqm): a three-bedroom apartment on the 50th floor of a 52-storey tower completed in 2022.

What is unit 5002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5002, Burj Royale

Starts from the last sale price (AED 5.45M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,450,000
Deposit, UAE resident (20%)
AED 1,090,000
Deposit, non-resident (40%)
AED 2,180,000
Monthly over 25 years at 3.7%
AED 22,298

Plus AED 233,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →