405, Royal Bay
Sold prices and rental history: sold once, by the developer in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Royal Bay
What is 405 worth today?
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Source: Dubai Land Department. Updated 17 January 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,143 sqft
- Floor
- 4th of 9
- Parking
- B-31
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 23,900 /yr
- Last sold
- AED 1.67M · July 2024
- Building
- Royal Bay
About 405, Royal Bay
405 is a one-bedroom hotel apartment of 1,143 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 31 July 2024 for AED 1,666,850, or AED 1,458 per sqft, 14% below the AED 1,700 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 17 January 2026, is AED 120,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 23,900 a year.
Sales and rents for 405 over time
405 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 405 sits
All 56 1-beds →405 last sold in July 2024 at AED 1,458 per sqft, 14% below what one-beds in Royal Bay were fetching at the time (AED 1,700). 405'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 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 | |
| 404 | 1-bed | 821 sqft | AED 1.4MAED 1,398,547 · Jun 2021June 2021 | 110,250 /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 |
405, Royal Bay in numbers
- Sold once: by Azizi Developments on 31 July 2024 for AED 1,666,850, or AED 1,458 per sqft.
- Rented since April 2021 on 3 Ejari contracts, from AED 65,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 23,900 a year (AED 20.94 per sqft).
Source: Dubai Land Department. Updated 17 January 2026.
Questions about 405, Royal Bay
What did unit 405 last sell for?
AED 1,666,850 on 31 July 2024, sold by the developer: AED 1,458 per sqft for 1,143 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 120,000 a year on the contract signed on 17 January 2026. The previous contract, from December 2024, was AED 115,000; the unit has been rented since April 2021.
How big is unit 405?
1,143 sqft (106.2 sqm): a one-bedroom hotel apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit 405 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 405, Royal Bay
Starts from the last sale price (AED 1.67M, 31 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,666,850
- Deposit, UAE resident (20%)
- AED 333,370
- Deposit, non-resident (40%)
- AED 666,740
- Monthly over 25 years at 3.7%
- AED 6,820
Plus AED 75,018 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →