1-bed · 821 sqftRoyal Bay, Palm Jumeirah · 8th floor · completed 2017

804, Royal Bay

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 16 June 2025
Last soldAED 2M16 October 2017
Current rentAED 120K /yr16 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Royal Bay

What is 804 worth today?

Last sold for AED 2,000,000 in 2017

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16 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 147 per sqft
7 Oct 2024RentedRenewal
AED 115,500/yr8 months · AED 141 per sqft
7 Oct 2023RentedNew contract
AED 115,000/yr12 months · AED 141 per sqft
5 Sep 2021RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
16 Oct 2017Sold by developerOff-plan
AED 2,000,000AED 2,434 per sqft

Source: Dubai Land Department. Updated 16 June 2025.

Key facts

Type
1-bed hotel apartment
Size
821 sqft
Floor
8th of 9
Parking
B-84
Developer
Azizi Developments
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 2M · October 2017
Building
Royal Bay

About 804, Royal Bay

804 is a one-bedroom hotel apartment of 821 sqft on the 8th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. The developer sold it on 16 October 2017 for AED 2,000,000, or AED 2,434 per sqft, 3% above the AED 2,352 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 16 June 2025, is AED 120,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 17,200 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, October 2017: AED 2,000,000 (AED 2,434 per sqft)

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

Rents
Unit 804, each contractTypical one-bed in Royal Bay
75K100K125K2018202120242027Typical 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, September 2021: AED 75,000 a yearNew contract, October 2023: AED 115,000 a yearRenewal, October 2024: AED 115,500 a yearNew contract, June 2025: AED 120,000 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 804 sits

All 56 1-beds →

804 last sold in October 2017 at AED 2,434 per sqft, 3% above what one-beds in Royal Bay were fetching at the time (AED 2,352). 804's AED 120,000 is in the lower 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 8th floor

All 90 units in Royal Bay
Value
8011-bedAED 1.92M · Sep 2024
8021-bedAED 2.45M · Jul 2017
8032-bedAED 2.92M · Apr 2024
8051-bedAED 1.9M · Nov 2023
8061-bedAED 2.38M · Dec 2016
8071-bedAED 2M · Oct 2023
8082-bedAED 3.55M · Dec 2025
1–7 of 10

804, Royal Bay in numbers

  • Sold once: by Azizi Developments on 16 October 2017 for AED 2,000,000, or AED 2,434 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 75,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 17,200 a year (AED 20.94 per sqft).

Source: Dubai Land Department. Updated 16 June 2025.

Questions about 804, Royal Bay

What did unit 804 last sell for?

AED 2,000,000 on 16 October 2017, sold by the developer: AED 2,434 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 120,000 a year on the contract signed on 16 June 2025. The previous contract, from October 2024, was AED 115,500; the unit has been rented since September 2021.

How big is unit 804?

821 sqft (76.3 sqm): a one-bedroom hotel apartment on the 8th floor of a 9-storey tower completed in 2017.

What is unit 804 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 804, Royal Bay

Starts from the last sale price (AED 2M, 16 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →