103, Royal Bay
Sold prices and rental history: sold once, by the developer in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Royal Bay
What is 103 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,071 sqft
- Floor
- 1st of 9
- Parking
- B-95
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 22,400 /yr
- Last sold
- AED 1.83M · April 2024
- Building
- Royal Bay
About 103, Royal Bay
103 is a one-bedroom hotel apartment of 1,071 sqft on the 1st floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 15 April 2024 for AED 1,829,657, or AED 1,708 per sqft, in line with the AED 1,708 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 28 February 2024, is AED 120,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 22,400 a year.
Sales and rents for 103 over time
103 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Royal Bay, and where 103 sits
All 56 1-beds →103 last sold in April 2024 at AED 1,708 per sqft, in line with what one-beds in Royal Bay were fetching at the time (AED 1,708). 103's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jun 202530 June 2025 | 850 sqft | 1,750,000 | 2,058 | ||
| 12 Jun 202512 June 2025 | 791 sqft | 1,950,000 | 2,466 | ||
| 9 Jun 20259 June 2025 | 791 sqft | 1,700,000 | 2,150 | ||
| 22 May 202522 May 2025 | 821 sqft | 1,650,000 | 2,008 |
Royal Bay
Building90 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2017 by Azizi Developments. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,406
- Typical sale
- AED 3.55M
- Typical rent
- AED 135K /yr
- Typical yield
- 5.5%
Other units on the 1st floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 843 sqft | AED 1.26MAED 1,260,000 · May 2024May 2024 | 105,000 /yr | |
| 102 | 1-bed | 1,014 sqft | AED 2.01MAED 2,005,000 · Nov 2022November 2022 | 135,000 /yr | |
| 104 | 1-bed | 796 sqft | AED 1.64MAED 1,640,000 · Oct 2017October 2017 | 115,000 /yr | |
| 105 | 1-bed | 982 sqft | AED 1.57MAED 1,569,950 · Apr 2024April 2024 | 110,000 /yr | |
| 106 | 1-bed | 850 sqft | AED 1.75MAED 1,750,000 · Jun 2025June 2025 | 110,000 /yr | |
| 107 | 1-bed | 1,125 sqft | AED 2.4MAED 2,400,000 · Aug 2016August 2016 | 144,000 /yr | |
| 108 | 2-bed | 1,481 sqft | AED 3.3MAED 3,300,000 · Jan 2017January 2017 | 180,000 /yr | |
| 109 | 2-bed | 1,494 sqft | AED 3.3MAED 3,300,000 · Feb 2025February 2025 | 189,000 /yr | |
| 110 | 1-bed | 1,111 sqft | No registered sale | 80,000 /yr | |
| 111 | 1-bed | 1,098 sqft | AED 2.5MAED 2,502,623 · Aug 2016August 2016 | 120,083 /yr |
103, Royal Bay in numbers
- Sold once: by Azizi Developments on 15 April 2024 for AED 1,829,657, or AED 1,708 per sqft.
- Rented since December 2022 on 2 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 22,400 a year (AED 20.94 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.
Questions about 103, Royal Bay
What did unit 103 last sell for?
AED 1,829,657 on 15 April 2024, sold by the developer: AED 1,708 per sqft for 1,071 sqft. It is the only registered sale of the unit.
What is the rent for unit 103?
AED 120,000 a year on the contract signed on 28 February 2024. The previous contract, from December 2022, was AED 120,000.
How big is unit 103?
1,071 sqft (99.5 sqm): a one-bedroom hotel apartment on the 1st floor of a 9-storey tower completed in 2017.
What is unit 103 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 103, Royal Bay
Starts from the last sale price (AED 1.83M, 15 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,829,657
- Deposit, UAE resident (20%)
- AED 365,931
- Deposit, non-resident (40%)
- AED 731,863
- Monthly over 25 years at 3.7%
- AED 7,486
Plus AED 81,855 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →