Royal Bay by Azizi
- Completed 2017
- 10 floors
- 3 lifts
- 108 parking bays
- 1 pool
- Master developer Azizi Developments
A 1 bed in Royal Bay by Azizi costs a median AED 2.15M, rents long-let for AED 115,000/yr (5.4% gross), and returns 9.0% short-term at the assumed 70% occupancy.
1 bed · typical price
2.15MAED
AED 2,084/sqft · -3.1% on a year
- Rent a year
- AED 115,000
- Gross yield
- 5.4%
- vs Palm Jumeirah
- 26% below the median
Cost to buy, all inAED 2.28M
- Price
- AED 2.15M
- DLD fee 4%
- AED 85,800
- Agent 2% + VAT
- AED 45,045
- Trustee
- AED 4,200
Fees repaid by rent14 months
Is Royal Bay by Azizi a good investment?Rents and prices are slipping and the rent pays below the Dubai median
- Does it pay a good rent?5.4% gross, before the service charge (not on file) (Dubai median 6.8%)5.4%Watch
- Are rents going up?New 1 bed leases: AED 130,000 a year ago, AED 115,000 now-11.5%Watch
- Are prices going up?1 bed: AED 2,150/sqft a year ago, 2,084 now-3.1%Watch
- How fast do fees pay back?AED 135,045 in fees to buy a 1 bed; rent covers it in 1.2 years1.2 yrs
- Can I sell easily?10 sales in 12 months (11 the year before)10
- Is a lot being built nearby?1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today. A further 125 are past their planned date. Palm Jumeirah supply by year →44%Fair
- Did earlier buyers gain?Up 28% for buyers 5 years ago; launch buyers still 9% down, before fees+28.3%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Royal Bay by Azizi prices and rents by unit typeA one-bed costs about AED 2.15M and rents for about AED 115,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Palm Jumeirah · area median AED 2,802/sqft
- 12-month change
- -3.1%
Rental income
1 bed · Palm Jumeirah
- Gross yield
- 5.4%
- Median new rent
- AED 115,000/yr
- Yield vs area median
- +0.2 pts
- Yield vs Dubai (6.8%)
- -1.4 pts
- Yield rank
- 7th of 16
- Renewal rent
- AED 111,050/yr
Short-term income
1 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 975
- Net revenue
- AED 193,239/yr
- vs long-let rent
- 1.7×
- Listings seen
- 15+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 1 bed: Jul 2016, AED 2,092,500; latest, Aug 2026, AED 2,096,573; peak, Feb 2026, AED 3,278,991. Rent on new leases: Mar 2018, AED 120,000 a year; latest, Oct 2026, AED 97,500.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,111 · before fees
- Launch, 2016–26
- 2,308
- −9%
- 41 sales
- 5 years ago
- 1,644
- +28%
- 3 sales
- 3 years ago
- 1,876
- +13%
- 6 sales
- Previous 12 months
- 2,209
- −4%
- 11 sales
- Last 12 months
- 2,111
- today
- 10 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
9 resales in the last 12 months, against 15 a year on average over 2023–2025.
9 resales in the last 12 months.
Short-term rates around Royal Bay by Azizi
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Palm Jumeirah
Every Palm Jumeirah building with a page, ranked by price per sqft over the same 12 months, all unit types. Royal Bay by Azizi places 77th of 93; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Royal Bay by Azizi (AED 2,111/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Royal Bay by Azizi has registered sale prices 26% below the Palm Jumeirah median price per square foot of 2,802 AED, across 27 eligible buildings. It ranks 21st of 27 by price per square foot and 7th of 16 by gross yield in Palm Jumeirah.
Market context in Palm Jumeirah
Registered sales activity
748 ready apartment sales in the 12 months to 2026-10-12.
+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.
Explore sales activityPlanned apartment projects
1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.
3 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.
Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.
New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Royal Bay by Azizi
Royal Bay by Azizi is an apartment building completed in 2017 by Azizi Developments in Palm Jumeirah. 129 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 10
- Lifts
- 3
- Parking bays
- 108
- Pools
- 1
- Master developer
- Azizi Developments
Drive times · typical
- Downtown
- 32 min · 30 km
- DXB Airport
- 37 min · 44 km
- DIFC
- 29 min · 33 km
- Dubai Marina
- 22 min · 16 km
- Palm Jumeirah
- 14 min · 6.6 km
Nearest, as registered
- Metro
- Al Sufouh
- Mall
- Mall of the Emirates
- Landmark
- Burj Al Arab
Royal Bay by Azizi: AED 2,111 per sq ft, 25% below the median Palm Jumeirah building, and a 4.8% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Royal Bay by AziziAED 2,111
- Palm Jumeirah, readyAED 2,663
- Palm Jumeirah, off-planAED 5,539
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Royal Bay by AziziPalm Jumeirah median building
- Palm Jumeirah4.8% vs 5.1%
More from Azizi Developments
Azizi Venice 15 - Building B
Dubai South · 677 sales, 12 months
703,000
AED, resale median · 1,718/sqft
Azizi Venice 11
Dubai South · 461 sales, 12 months
676,000
AED, resale median · 1,670/sqft
Azizi Venice 14-Building G
Dubai South · 442 sales, 12 months
655,000
AED, resale median · 1,725/sqft
Azizi Venice 13 - Building B
Dubai South · 435 sales, 12 months
655,000
AED, resale median · 1,676/sqft
Nearby in Palm Jumeirah
Prices per sq ft around Royal Bay by Azizi, on the mapPrices per sq ft around Royal Bay by Azizi, on the map
Seven Hotel & Apartments the Palm - A
Palm Jumeirah · 51 sales, 12 months
1.70M
AED, resale median · 3,456/sqft
The Palm Tower
Palm Jumeirah · 32 sales, 12 months
2.58M
AED, resale median · 4,343/sqft
Royal Amwaj Residences North
Palm Jumeirah · 26 sales, 12 months
2.58M
AED, resale median · 2,375/sqft
Serenia Living - Tower 1
Palm Jumeirah · 25 sales, 12 months
8.50M
AED, resale median · 4,541/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Royal Bay by Azizi’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 9,538AED
- 4.5% over 25 years
- Monthly rent
- 9,583AED
- AED 115,000 a year
- Cash needed at purchase
- 588,495AED
- 20% down plus AED 159,495 in fees
Owning costs AED 379,039 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Royal Bay by Azizi?
- Royal Bay by Azizi returns 5.4% gross: a median new-contract rent of AED 115,000 a year (8 Ejari contracts in 12 months) over a price benchmark of AED 2.15M (median of 5 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Royal Bay by Azizi cost?
- The median registered sale price is AED 2.15M (2,084 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Royal Bay by Azizi risen or fallen?
- Median price per square foot moved -3.1% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Royal Bay by Azizi compare with Palm Jumeirah?
- Its 5.4% gross yield sits +0.2 pts against the Palm Jumeirah median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 1 bedroom in Royal Bay by Azizi?
- The median new annual rent is AED 115,000, from 8 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
For agents
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Royal Bay by Azizi sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 5 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/palm-jumeirah/royal-bay
Cite as: Dubai Wealth Index. “Royal Bay by Azizi sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/royal-bay
Stable dataJSON