306, Royal Bay
Sold prices and rental history: sold 4 times, last in August 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Royal Bay
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Source: Dubai Land Department. Updated 8 September 2025.
Key facts
- Type
- Hotel apartment
- Size
- 851 sqft
- Floor
- 3rd of 9
- Parking
- B-38
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 17,800 /yr
- Last sold
- AED 2M · August 2025
- Building
- Royal Bay
About 306, Royal Bay
306 is a hotel apartment of 851 sqft on the 3rd floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 6 August 2025 for AED 2,000,000, or AED 2,351 per sqft.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 8 September 2025, is AED 130,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 17,800 a year.
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 3rd floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 874 sqft | AED 1.98MAED 1,980,000 · Mar 2017March 2017 | 109,108 /yr | |
| 302 | 1-bed | 943 sqft | AED 2.17MAED 2,174,186 · Apr 2017April 2017 | ||
| 303 | 2-bed | 1,633 sqft | AED 3.23MAED 3,231,590 · Feb 2024February 2024 | 165,000 /yr | |
| 304 | 1-bed | 791 sqft | AED 1.7MAED 1,700,000 · Jun 2025June 2025 | 115,000 /yr | |
| 305 | 1-bed | 981 sqft | AED 2.22MAED 2,217,077 · Jan 2017January 2017 | 137,200 /yr | |
| 307 | 1-bed | 1,125 sqft | AED 2.15MAED 2,150,000 · Oct 2024October 2024 | 130,000 /yr | |
| 308 | 2-bed | 1,481 sqft | AED 3.6MAED 3,600,000 · Dec 2025December 2025 | ||
| 309 | 2-bed | 1,494 sqft | AED 3.4MAED 3,400,000 · Jan 2025January 2025 | 170,000 /yr | |
| 310 | 1-bed | 1,111 sqft | AED 3.35MAED 3,353,520 · Jul 2024July 2024 | 130,000 /yr | |
| 311 | 2-bed | 1,442 sqft | AED 3.47MAED 3,472,964 · Jul 2017July 2017 | 180,000 /yr |
306, Royal Bay in numbers
- Sold 4 times: first on 14 July 2016 for AED 1,750,000, last on 6 August 2025 for AED 2,000,000 (AED 2,351 per sqft).
- Rented since September 2024 on 2 Ejari contracts, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 17,800 a year (AED 20.94 per sqft).
Source: Dubai Land Department. Updated 8 September 2025.
Questions about 306, Royal Bay
What did unit 306 last sell for?
AED 2,000,000 on 6 August 2025: AED 2,351 per sqft for 851 sqft. The unit has 4 registered sales; the first was AED 1,750,000 in July 2016.
What is the rent for unit 306?
AED 130,000 a year on the contract renewed on 8 September 2025. The previous contract, from September 2024, was AED 130,000.
How big is unit 306?
851 sqft (79.1 sqm): a hotel apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit 306 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 306, Royal Bay
Starts from the last sale price (AED 2M, 6 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →