PropertyIndex

Royal Bay

Completed · Q1 2017|91 units · 1 building

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Royal Bay is a completed apartment development by AZIZI DEVELOPMENTS L.L.C in Palm Jumeirah, comprising 91 registered units. 129 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,977 per sqft. At AED 1,977 per sqft, Royal Bay prices 50% below the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · 10.8% YoY
2.59MAED
Typical
1,977AED
PSF
Gross yield
4.9%
PIX© rent ÷ PIX© price
Sale records
129
DLD · all time
Rent contracts
344
Ejari · all time
Royal Bay

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
791 – 7,039 sqft
912.59M1,97710.8%128K4.9%
Residential
1 Bed · Hotel Apartment
791 – 1,143 sqft
58
2 Bed · Hotel Apartment
1,404 – 1,633 sqft
30
3 Bed · Hotel Apartment
6,651 sqft
1
4 Bed · Hotel Apartment
7,039 sqft
1
Commercial
Shop
5,690 sqft
1
Sales — Project-Wide129 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
6 Aug 2026Floor 21,0702,230,5602,084StandardPayment Plan Sale
14 Jul 2026Floor 11,0711,962,5851,832+7.3%Entry LevelStandard Sale
29 Jun 2026Floor 61,1012,145,0001,949-11.9%Entry LevelStandard Sale
Rentals — Project-Wide344 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Aug 20262 BedFloor 11,494189,0001270.0%Standardrenewal
5 Jul 20261 BedFloor 41,070115,000107-4.2%Standardnew
3 Jul 20261 BedFloor 2862100,000116-8.8%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Royal Bay

Answered from Dubai Land Department registered transactions.

How much does a property in Royal Bay cost?

Property in Royal Bay sells at a current PIX© price of AED 1,977 per sqft, or about AED 2,592,030 for a typical unit, based on 129 sales registered with the Dubai Land Department.

Is Royal Bay completed?

Yes. Royal Bay is recorded as completed in the Dubai Land Department project register (completed q1 2017).

Who is the developer of Royal Bay?

Royal Bay is developed by AZIZI DEVELOPMENTS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Royal Bay?

Royal Bay yields 4.9% gross, calculated from current PIX© rent against current PIX© sale price, across 344 registered Ejari contracts.

How many units are in Royal Bay?

Royal Bay holds 91 registered units, per the Dubai Land Department unit register.

Have prices in Royal Bay gone up or down?

Price per sqft has fallen -10.8% over the last 12 months, to AED 1,977, across 129 registered sales.