1-bed · 1,125 sqftRoyal Bay, Palm Jumeirah · 1st floor · completed 2017

107, Royal Bay

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 13 December 2024
Last soldAED 2.4M8 August 2016
Current rentAED 144K /yr13 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Royal Bay

What is 107 worth today?

Last sold for AED 2,400,000 in 2016

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13 Dec 2024RentedNew contract
AED 144,000/yr12 months · AED 127 per sqft
10 Dec 2023RentedNew contract
AED 125,000/yr12 months · AED 111 per sqft
1 Nov 2022RentedNew contract
AED 125,000/yr12 months · AED 111 per sqft
27 Oct 2021RentedNew contract
AED 96,000/yr12 months · AED 86 per sqft
26 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
1 May 2018RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
8 Aug 2016Sold by developerOff-plan
AED 2,400,000AED 2,132 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2024.

Key facts

Type
1-bed hotel apartment
Size
1,125 sqft
Floor
1st of 9
Parking
B-91
Developer
Azizi Developments
Completed
2017
Service charge
AED 23,600 /yr
Last sold
AED 2.4M · August 2016
Building
Royal Bay

About 107, Royal Bay

107 is a one-bedroom hotel apartment of 1,125 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 8 August 2016 for AED 2,400,000, or AED 2,132 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 13 December 2024, is AED 144,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 23,600 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical one-bed in Royal Bay
1.5M2M2.5M2016201920222025Typical sale price by year: 2016 AED 2,151,621; 2017 AED 2,201,158; 2021 AED 1,398,547; 2022 AED 1,550,000; 2023 AED 1,950,000; 2024 AED 1,827,450; 2025 AED 1,750,000Sold by developer, August 2016: AED 2,400,000 (AED 2,132 per sqft)

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

Rents
Unit 107, each contractTypical one-bed in Royal Bay
100K150K2018202120242027Typical rent by year: 2018 AED 102,500; 2019 AED 95,000; 2020 AED 72,500; 2021 AED 79,000; 2022 AED 100,000; 2023 AED 112,308; 2024 AED 117,000; 2025 AED 120,000; 2026 AED 127,500New contract, May 2018: AED 100,000 a yearNew contract, July 2019: AED 100,000 a yearNew contract, October 2021: AED 96,000 a yearNew contract, November 2022: AED 125,000 a yearNew contract, December 2023: AED 125,000 a yearNew contract, December 2024: AED 144,000 a year

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 107 sits

All 56 1-beds →

107's AED 144,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20251,750,000
12 Jun 20251,950,000
9 Jun 20251,700,000
22 May 20251,650,000
0 1-bed sales in the last 12 months

Royal Bay

Building

90 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%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 90 units in Royal Bay
Value
1011-bedAED 1.26M · May 2024
1021-bedAED 2.01M · Nov 2022
1031-bedAED 1.83M · Apr 2024
1041-bedAED 1.64M · Oct 2017
1051-bedAED 1.57M · Apr 2024
1061-bedAED 1.75M · Jun 2025
1082-bedAED 3.3M · Jan 2017
1–7 of 10

107, Royal Bay in numbers

  • Sold once: by Azizi Developments on 8 August 2016 for AED 2,400,000, or AED 2,132 per sqft.
  • Rented since May 2018 on 6 Ejari contracts, from AED 100,000 to AED 144,000 a year.
  • At AED 144,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 23,600 a year (AED 20.94 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2024.

Questions about 107, Royal Bay

What did unit 107 last sell for?

AED 2,400,000 on 8 August 2016, sold by the developer: AED 2,132 per sqft for 1,125 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 144,000 a year on the contract signed on 13 December 2024. The previous contract, from December 2023, was AED 125,000; the unit has been rented since May 2018.

How big is unit 107?

1,125 sqft (104.5 sqm): a one-bedroom hotel apartment on the 1st floor of a 9-storey tower completed in 2017.

What is unit 107 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 107, Royal Bay

Starts from the last sale price (AED 2.4M, 8 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →