
604, Royal Bay
Sold prices and rental history: sold once, by the developer in May 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Royal Bay
What is 604 worth today?
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Source: Dubai Land Department. Updated 24 October 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 821 sqft
- Floor
- 6th of 9
- Parking
- B-49
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.35M · May 2021
- Building
- Royal Bay
About 604, Royal Bay
604 is a one-bedroom hotel apartment of 821 sqft on the 6th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 31 May 2021 for AED 1,350,754, or AED 1,644 per sqft.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 24 October 2024, is AED 120,000 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 17,200 a year.
Sales and rents for 604 over time
604 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 604 sits
All 56 1-beds →604'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 6th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 862 sqft | AED 2MAED 2,000,000 · Dec 2023December 2023 | 130,000 /yr | |
| 602 | 1-bed | 1,070 sqft | AED 2.45MAED 2,454,001 · Jul 2017July 2017 | 120,000 /yr | |
| 603 | 2-bed | 1,516 sqft | AED 2.2MAED 2,200,000 · Jun 2020June 2020 | 157,500 /yr | |
| 605 | 1-bed | 1,143 sqft | AED 1.67MAED 1,666,850 · Aug 2024August 2024 | 130,000 /yr | |
| 606 | 1-bed | 899 sqft | AED 1.6MAED 1,603,320 · Apr 2024April 2024 | 132,000 /yr | |
| 607 | 1-bed | 943 sqft | AED 1.47MAED 1,471,900 · Feb 2023February 2023 | 130,000 /yr | |
| 608 | 2-bed | 1,475 sqft | AED 4.08MAED 4,076,156 · Jun 2017June 2017 | 109,250 /yr | |
| 609 | 2-bed | 1,424 sqft | AED 2.98MAED 2,975,000 · Aug 2023August 2023 | 215,000 /yr | |
| 610 | 1-bed | 1,101 sqft | AED 2.44MAED 2,435,000 · Aug 2016August 2016 | 70,000 /yr | |
| 611 | 2-bed | 1,404 sqft | AED 3MAED 3,000,000 · Jul 2024July 2024 |
604, Royal Bay in numbers
- Sold once: by Azizi Developments on 31 May 2021 for AED 1,350,754, or AED 1,644 per sqft.
- Rented since March 2023 on 4 Ejari contracts, from AED 115,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 8.9%, before a service charge of about AED 17,200 a year (AED 20.94 per sqft).
Source: Dubai Land Department. Updated 24 October 2024.
Questions about 604, Royal Bay
What did unit 604 last sell for?
AED 1,350,754 on 31 May 2021, sold by the developer: AED 1,644 per sqft for 821 sqft. It is the only registered sale of the unit.
What is the rent for unit 604?
AED 120,000 a year on the contract signed on 24 October 2024. The previous contract, from March 2024, was AED 115,000; the unit has been rented since March 2023.
How big is unit 604?
821 sqft (76.3 sqm): a one-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.
What is unit 604 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 604, Royal Bay
Starts from the last sale price (AED 1.35M, 31 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,754
- Deposit, UAE resident (20%)
- AED 270,151
- Deposit, non-resident (40%)
- AED 540,302
- Monthly over 25 years at 3.7%
- AED 5,526
Plus AED 61,742 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →