1-bed · 943 sqftRoyal Bay, Palm Jumeirah · 6th floor · completed 2017

607, Royal Bay

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 8 May 2025
Last soldAED 1.47M23 February 2023
Current rentAED 130K /yr8 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Royal Bay

What is 607 worth today?

Last sold for AED 1,471,900 in 2023

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8 May 2025RentedNew contract
AED 130,000/yr12 months · AED 138 per sqft
23 Feb 2023Sold by developerReady
AED 1,471,900AED 1,561 per sqft

Source: Dubai Land Department. Updated 8 May 2025.

Key facts

Type
1-bed hotel apartment
Size
943 sqft
Floor
6th of 9
Parking
B-57
Developer
Azizi Developments
Completed
2017
Service charge
AED 19,700 /yr
Last sold
AED 1.47M · February 2023
Building
Royal Bay

About 607, Royal Bay

607 is a one-bedroom hotel apartment of 943 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 23 February 2023 for AED 1,471,900, or AED 1,561 per sqft, 6% below the AED 1,662 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 May 2025. The current contract, signed on 8 May 2025, is AED 130,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 19,700 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in Royal Bay
1.5M2M2016201920222025Typical sale price by year: 2016 AED 2,151,621; 2017 AED 2,201,158; 2021 AED 1,398,547; 2022 AED 1,550,000; 2023 AED 1,950,000; 2024 AED 1,827,450; 2025 AED 1,750,000Sold by developer, February 2023: AED 1,471,900 (AED 1,561 per sqft)

607 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 607, each contractTypical one-bed in Royal Bay
100K2018202120242027Typical rent by year: 2018 AED 102,500; 2019 AED 95,000; 2020 AED 72,500; 2021 AED 79,000; 2022 AED 100,000; 2023 AED 112,308; 2024 AED 117,000; 2025 AED 120,000; 2026 AED 127,500New contract, May 2025: AED 130,000 a year

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 607 sits

All 56 1-beds →

607 last sold in February 2023 at AED 1,561 per sqft, 6% below what one-beds in Royal Bay were fetching at the time (AED 1,662). 607's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20251,750,000
12 Jun 20251,950,000
9 Jun 20251,700,000
22 May 20251,650,000
0 1-bed sales in the last 12 months

Royal Bay

Building

90 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%
Royal Bay, Palm Jumeirah: prices, sales and rents →

Other units on the 6th floor

All 90 units in Royal Bay
Value
6011-bedAED 2M · Dec 2023
6021-bedAED 2.45M · Jul 2017
6032-bedAED 2.2M · Jun 2020
6041-bedAED 1.35M · May 2021
6051-bedAED 1.67M · Aug 2024
6061-bedAED 1.6M · Apr 2024
6082-bedAED 4.08M · Jun 2017
1–7 of 10

607, Royal Bay in numbers

  • Sold once: by Azizi Developments on 23 February 2023 for AED 1,471,900, or AED 1,561 per sqft.
  • Rented since May 2025 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 19,700 a year (AED 20.94 per sqft).

Source: Dubai Land Department. Updated 8 May 2025.

Questions about 607, Royal Bay

What did unit 607 last sell for?

AED 1,471,900 on 23 February 2023, sold by the developer: AED 1,561 per sqft for 943 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 130,000 a year on the contract signed on 8 May 2025.

How big is unit 607?

943 sqft (87.6 sqm): a one-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit 607 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 607, Royal Bay

Starts from the last sale price (AED 1.47M, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,471,900
Deposit, UAE resident (20%)
AED 294,380
Deposit, non-resident (40%)
AED 588,760
Monthly over 25 years at 3.7%
AED 6,022

Plus AED 66,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →