605, Royal Bay
Sold prices and rental history: sold once, by the developer in August 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 605, Royal Bay
What is 605 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,143 sqft
- Floor
- 6th of 9
- Parking
- B-55
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 23,900 /yr
- Last sold
- AED 1.67M · August 2024
- Building
- Royal Bay
About 605, Royal Bay
605 is a one-bedroom hotel apartment of 1,143 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 6 August 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 1 November 2024, is AED 130,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 23,900 a year.
Sales and rents for 605 over time
605 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 605 sits
All 56 1-beds →605 last sold in August 2024 at AED 1,458 per sqft, 14% below what one-beds in Royal Bay were fetching at the time (AED 1,700). 605's AED 130,000 is in the upper 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 | |
| 604 | 1-bed | 821 sqft | AED 1.35MAED 1,350,754 · May 2021May 2021 | 120,000 /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 |
605, Royal Bay in numbers
- Sold once: by Azizi Developments on 6 August 2024 for AED 1,666,850, or AED 1,458 per sqft.
- Rented since June 2021 on 3 Ejari contracts, from AED 85,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 23,900 a year (AED 20.94 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Questions about 605, Royal Bay
What did unit 605 last sell for?
AED 1,666,850 on 6 August 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 605?
AED 130,000 a year on the contract signed on 1 November 2024. The previous contract, from April 2023, was AED 80,000; the unit has been rented since June 2021.
How big is unit 605?
1,143 sqft (106.2 sqm): a one-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.
What is unit 605 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 605, Royal Bay
Starts from the last sale price (AED 1.67M, 6 August 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 →