111, Royal Bay
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Royal Bay
What is 111 worth today?
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Source: Dubai Land Department. Updated 4 June 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,098 sqft
- Floor
- 1st of 9
- Parking
- B-6
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 23,000 /yr
- Last sold
- AED 2.5M · August 2016
- Building
- Royal Bay
About 111, Royal Bay
111 is a one-bedroom hotel apartment of 1,098 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 9 August 2016 for AED 2,502,623, or AED 2,280 per sqft, in line with the AED 2,280 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 4 June 2024, is AED 120,083 a year: a gross yield of 4.8% on the 2016 price, before the service charge of about AED 23,000 a year.
Sales and rents for 111 over time
111 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 111 sits
All 56 1-beds →111 last sold in August 2016 at AED 2,280 per sqft, in line with what one-beds in Royal Bay were fetching at the time (AED 2,280). 111's AED 120,083 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 | |
| 103 | 1-bed | 1,071 sqft | AED 1.83MAED 1,829,657 · Apr 2024April 2024 | 120,000 /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, Royal Bay in numbers
- Sold once: by Azizi Developments on 9 August 2016 for AED 2,502,623, or AED 2,280 per sqft.
- Rented since May 2020 on 4 Ejari contracts, from AED 75,000 to AED 120,083 a year.
- At AED 120,083 a year the gross yield on the 2016 price is 4.8%, before a service charge of about AED 23,000 a year (AED 20.94 per sqft).
Source: Dubai Land Department. Updated 4 June 2024.
Questions about 111, Royal Bay
What did unit 111 last sell for?
AED 2,502,623 on 9 August 2016, sold by the developer: AED 2,280 per sqft for 1,098 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 120,083 a year on the contract renewed on 4 June 2024. The previous contract, from June 2023, was AED 114,365; the unit has been rented since May 2020.
How big is unit 111?
1,098 sqft (102.0 sqm): a one-bedroom hotel apartment on the 1st floor of a 9-storey tower completed in 2017.
What is unit 111 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 111, Royal Bay
Starts from the last sale price (AED 2.5M, 9 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,502,623
- Deposit, UAE resident (20%)
- AED 500,525
- Deposit, non-resident (40%)
- AED 1,001,049
- Monthly over 25 years at 3.7%
- AED 10,239
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →