404, Royal Bay
Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Royal Bay
What is 404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 821 sqft
- Floor
- 4th of 9
- Parking
- B-30
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.4M · June 2021
- Building
- Royal Bay
About 404, Royal Bay
404 is a one-bedroom hotel apartment of 821 sqft on the 4th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 24 June 2021 for AED 1,398,547, or AED 1,702 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 3 January 2025, is AED 110,250 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 17,200 a year.
Sales and rents for 404 over time
404 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 404 sits
All 56 1-beds →404's AED 110,250 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 4th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 862 sqft | AED 1.82MAED 1,823,086 · Dec 2016December 2016 | 115,000 /yr | |
| 402 | 1-bed | 1,070 sqft | AED 1.83MAED 1,827,450 · Jul 2024July 2024 | 120,000 /yr | |
| 403 | 2-bed | 1,516 sqft | AED 2.92MAED 2,918,160 · Apr 2024April 2024 | 110,000 /yr | |
| 405 | 1-bed | 1,143 sqft | AED 1.67MAED 1,666,850 · Jul 2024July 2024 | 120,000 /yr | |
| 406 | 899 sqft | AED 2.37MAED 2,367,696 · Sep 2025September 2025 | 105,000 /yr | ||
| 407 | 1-bed | 943 sqft | AED 1.59MAED 1,594,880 · May 2024May 2024 | 85,000 /yr | |
| 408 | 2-bed | 1,475 sqft | AED 3.33MAED 3,332,057 · Aug 2017August 2017 | 195,000 /yr | |
| 409 | 2-bed | 1,424 sqft | AED 3.2MAED 3,200,000 · Oct 2016October 2016 | 160,718 /yr | |
| 410 | 1-bed | 1,101 sqft | AED 2.63MAED 2,625,000 · May 2017May 2017 | 120,000 /yr | |
| 411 | 2-bed | 1,404 sqft | AED 2.19MAED 2,186,200 · Aug 2024August 2024 | 165,000 /yr |
404, Royal Bay in numbers
- Sold once: by Azizi Developments on 24 June 2021 for AED 1,398,547, or AED 1,702 per sqft.
- Rented since October 2018 on 5 Ejari contracts, from AED 120,000 to AED 110,250 a year.
- At AED 110,250 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 17,200 a year (AED 20.94 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2025.
Questions about 404, Royal Bay
What did unit 404 last sell for?
AED 1,398,547 on 24 June 2021, sold by the developer: AED 1,702 per sqft for 821 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 110,250 a year on the contract signed on 3 January 2025. The previous contract, from January 2024, was AED 105,000; the unit has been rented since October 2018.
How big is unit 404?
821 sqft (76.3 sqm): a one-bedroom hotel apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit 404 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 404, Royal Bay
Starts from the last sale price (AED 1.4M, 24 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,398,547
- Deposit, UAE resident (20%)
- AED 279,709
- Deposit, non-resident (40%)
- AED 559,419
- Monthly over 25 years at 3.7%
- AED 5,722
Plus AED 63,749 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →