2-bed · 933 sqftBurj Royale, Downtown Dubai · 7th floor · completed 2022

712, Burj Royale

Sold prices and rental history: sold twice, last in March 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 712 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.7M6 March 2023
Current rentAED 200K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Burj Royale

What is 712 worth today?

Last sold for AED 2,700,000 in 2023

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1 Aug 2024RentedRenewal
AED 200,000/yr12 months · AED 214 per sqft
6 Mar 2023SoldReady
AED 2,700,000AED 2,892 per sqft
26 May 2019Sold by developerOff-plan
AED 1,715,888AED 1,850 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
7th of 52
Parking
P2-003
Developer
Old Town Views
Completed
2022
Last sold
AED 2.7M · March 2023
Building
Burj Royale

About 712, Burj Royale

712 is a two-bedroom apartment of 933 sqft on the 7th floor of Burj Royale, a 52-storey tower in Downtown Dubai completed in 2022 by Old Town Views. It last sold on 6 March 2023 for AED 2,700,000, or AED 2,892 per sqft, 15% above the AED 2,515 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2024. The current contract, renewed on 1 August 2024, is AED 200,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 712 over time

Sales
Unit 712, 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 1,715,888 (AED 1,850 per sqft)Sold, March 2023: AED 2,700,000 (AED 2,892 per sqft)

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

Rents
Unit 712, 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 712 sits

All 293 2-beds →

712 last sold in March 2023 at AED 2,892 per sqft, 15% above what two-beds in Burj Royale were fetching at the time (AED 2,515). 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. 712'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 7th floor

All 602 units in Burj Royale
Value
7012-bedAED 2.13M · Feb 2022
7022-bedAED 1.72M · May 2019
7032-bedAED 1.8M · Mar 2022
7041-bedAED 1.04M · Jun 2019
7051-bedAED 953K · Oct 2021
7061-bedAED 1.83M · Oct 2023
7071-bedAED 1.1M · Apr 2022
1–7 of 12

712, Burj Royale in numbers

  • Sold twice: first on 26 May 2019 for AED 1,715,888, last on 6 March 2023 for AED 2,700,000 (AED 2,892 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 7.4%.
  • 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 1 August 2024.

Questions about 712, Burj Royale

What did unit 712 last sell for?

AED 2,700,000 on 6 March 2023: AED 2,892 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 1,715,888 in May 2019.

What is the rent for unit 712?

AED 200,000 a year on the contract renewed on 1 August 2024.

How big is unit 712?

933 sqft (86.7 sqm): a two-bedroom apartment on the 7th floor of a 52-storey tower completed in 2022.

What is unit 712 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 712, Burj Royale

Starts from the last sale price (AED 2.7M, 6 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →