705, Royal Bay
Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Royal Bay
What is 705 worth today?
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Source: Dubai Land Department. Updated 5 February 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 981 sqft
- Floor
- 7th of 9
- Parking
- B-65
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 20,500 /yr
- Last sold
- AED 2.4M · April 2017
- Building
- Royal Bay
About 705, Royal Bay
705 is a one-bedroom hotel apartment of 981 sqft on the 7th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 6 April 2017 for AED 2,396,840, or AED 2,442 per sqft, 4% above the AED 2,343 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 5 February 2025, is AED 102,000 a year: a gross yield of 4.3% on the 2017 price, before the service charge of about AED 20,500 a year.
Sales and rents for 705 over time
705 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 705 sits
All 56 1-beds →705 last sold in April 2017 at AED 2,442 per sqft, 4% above what one-beds in Royal Bay were fetching at the time (AED 2,343). 705's AED 102,000 is at the bottom 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 7th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 874 sqft | AED 1.95MAED 1,950,000 · Nov 2024November 2024 | 130,000 /yr | |
| 702 | 1-bed | 943 sqft | AED 2.3MAED 2,300,000 · Aug 2024August 2024 | 142,500 /yr | |
| 703 | 2-bed | 1,633 sqft | AED 2.8MAED 2,800,000 · Jan 2026January 2026 | 170,000 /yr | |
| 704 | 1-bed | 791 sqft | AED 1.95MAED 1,950,000 · Jun 2025June 2025 | 120,000 /yr | |
| 706 | 1-bed | 851 sqft | AED 2.06MAED 2,064,903 · Nov 2016November 2016 | 115,000 /yr | |
| 707 | 1-bed | 1,125 sqft | AED 1.55MAED 1,550,000 · Nov 2022November 2022 | 131,250 /yr | |
| 708 | 2-bed | 1,481 sqft | AED 3.6MAED 3,600,000 · Nov 2016November 2016 | ||
| 709 | 2-bed | 1,494 sqft | AED 2.31MAED 2,310,000 · Dec 2023December 2023 | 170,000 /yr | |
| 710 | 1-bed | 1,111 sqft | AED 2.6MAED 2,598,801 · Dec 2017December 2017 | 76,000 /yr | |
| 711 | 2-bed | 1,442 sqft | AED 2.21MAED 2,210,000 · Jul 2024July 2024 |
705, Royal Bay in numbers
- Sold once: by Azizi Developments on 6 April 2017 for AED 2,396,840, or AED 2,442 per sqft.
- Rented since July 2020 on 6 Ejari contracts, from AED 65,000 to AED 102,000 a year.
- At AED 102,000 a year the gross yield on the 2017 price is 4.3%, before a service charge of about AED 20,500 a year (AED 20.94 per sqft).
Source: Dubai Land Department. Updated 5 February 2025.
Questions about 705, Royal Bay
What did unit 705 last sell for?
AED 2,396,840 on 6 April 2017, sold by the developer: AED 2,442 per sqft for 981 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 102,000 a year on the contract signed on 5 February 2025. The previous contract, from October 2023, was AED 110,250; the unit has been rented since July 2020.
How big is unit 705?
981 sqft (91.1 sqm): a one-bedroom hotel apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit 705 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 705, Royal Bay
Starts from the last sale price (AED 2.4M, 6 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,396,840
- Deposit, UAE resident (20%)
- AED 479,368
- Deposit, non-resident (40%)
- AED 958,736
- Monthly over 25 years at 3.7%
- AED 9,806
Plus AED 105,678 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →