JRE · Joshi Real Estate
Royal Bay exterior view - Palm Jumeirah, Dubai - by Azizi
Sold outAzizi

Royal Bay

Palm Jumeirah, Dubai
From
Handover
Q1 2017
Enquire
The Project
From
On request
Status
Sold out
Handover
Q1 2017
Size
from 0 sqft
Residences
1
Construction
100% complete
Furnishing
no
Service charge
24 AED/sqft
Buildings
1

Royal Bay is a completed, serviced residential building on the crescent of Palm Jumeirah, developed by Azizi and handed over in Q1 2017. The project comprises a single tower offering two-bedroom apartments, positioned on one of Dubai's most recognisable addresses.

# The tower and its setting on Palm Crescent

Palm Jumeirah's crescent sits at the outermost arc of the island, separated from the trunk and fronds by the monorail bridge and the tunnel beneath the Palm. It is a quieter stretch than the frond residences closer to Sheikh Zayed Road, and the buildings here face outward across the Arabian Gulf rather than inward toward the lagoon. Royal Bay occupies this position with a 45-degree orientation, a design decision that distributes views of the Dubai skyline, Atlantis The Palm, and open water across multiple aspects of the building rather than concentrating them on a single facade.

The building is fully complete and operational. Service charges run at 24 AED per square foot, a figure buyers should factor into yield calculations alongside any comparable Palm Crescent stock.

# Residences: two-bedroom layouts at 1,522 sq ft

The building's typical unit is a two-bedroom apartment at 1,522 sq ft, priced in the resale market at 5,153,100 AED based on current listing data. That translates to approximately 3,385 AED per square foot, broadly consistent with completed, serviced product on the crescent.

Interiors follow an open-plan configuration, with the kitchen, dining and living areas arranged as a single continuous volume. Large windows are the primary tool for light, supported by European appliances integrated into the kitchen cabinetry. The finish is unfurnished, which gives incoming owners latitude to specify to their own standard rather than inherit a developer's furniture package.

Private outdoor space and direct beach access are part of the offer, with the building's footprint providing residents a connection to the shoreline without leaving the site.

# Amenities and services within the building

Royal Bay operates as a serviced residence, which distinguishes it from the majority of Palm Jumeirah's freehold apartment stock.

The amenity provision includes three restaurants, room service, valet parking, a gymnasium and spa, climate-controlled infinity pools, and a children's pool and play area. The service model means residents have access to hotel-grade facilities without the management burden of a standalone villa.

# Getting around from Palm Crescent

The crescent's geography is both its appeal and its practical constraint. Aquaventure Waterpark sits 6.4 km away, roughly 15 minutes by car. Atlantis Mall is a similar distance, around 16 minutes. Burj Al Arab is 33 minutes by road, and Downtown Dubai is approximately 40 minutes from the crescent, a drive that reflects the island's position at the western edge of the city's coastal corridor.

Residents travelling regularly to central Dubai typically account for this commute time. For those using the property primarily as a base for leisure or as a short-let asset, the distance matters less than the immediate environment.

# Where Royal Bay sits in the current Palm Jumeirah market

Completed, serviced apartments on Palm Crescent occupy a specific niche. They attract buyers who want a managed asset rather than a property that demands active oversight, and they appeal to the short-term rental market given the existing hotel-grade infrastructure.

The building's 2017 completion date means the fit-out is now several years old, which experienced buyers will weigh against newer completions elsewhere on the island. The counterpoint is a price point, an established service operation, and immediate income potential without a construction wait. For international buyers seeking a low-management Dubai holding, particularly those based in the UK, Europe or Asia who visit intermittently, the serviced model at Royal Bay addresses a straightforward practical need.

The Homes

Residences

1 unit configuration available at Royal Bay.

2 BR
sqft
Size
1,522
Price
AED 5,153,100
Structure

Payment plan

Payment Plan
  1. Step 1
    20%
    On booking
  2. Step 2
    80%
    Upon Handover
Calculator

Payment plan worked out

Enter a target price to see how the payment stages land against your budget.

Stage%AED
On booking20%AED 0
Upon Handover80%AED 0
Total100%AED 0
Discuss this plan with an advisor

Indicative only. Your advisor will confirm the final numbers, including 4% DLD, trustee, admin, mortgage and developer-level charges.

Lifestyle

Amenities

Children’S Pool & Play Area
Valet Parking
Room Service
Climate-Controlled Infinity Pools
3 Gourmet Restaurants
State Of The Art Gymnasium And Spa
Setting

Location

Set in Palm Jumeirah, Dubai. Explore more in our Palm Jumeirah guide.

Nearby
  • Aquaventure Waterpark6.4 km · 15 min
  • Atlantis Mall6.6 km · 16 min
  • Burj Arab19.1 km · 33 min
  • Downtown32.6 km · 40 min
  • Redwood Montessori Nursery11.9 km · 23 min
Market context

Palm Jumeirah transactions, from the registry.

The Dubai Land Department's median sale price and AED per square metre for Palm Jumeirah, refreshed daily. Useful context when judging where Royal Bay sits against actual clearing prices in the district.

DLD · PALM JUMEIRAH
Source: Dubai Land Department registry
+33.0%
Median AED/m²
AED 52,013
Median sale
AED 7,184,000
Transactions
288
Jan 26Mar 26
Resources

Documents

Escrow number
10174999159017
Service charge
24 AED/sqft
Furnishing
no
Construction start
2015-05-06
Construction end
2017-03-31
Residences
1
Buildings
1
Readiness
100%
Buildings
  • Building

    1, 2BR apartments as well as few 3,4BR units of penthouses

Parking
  • 2 BR apartment1 space
  • 1 BR apartment1 space
Questions

Frequently asked

Who is the developer of Royal Bay?+

Azizi

Where is Royal Bay located?+

Royal Bay is located in Palm Jumeirah, Dubai, United Arab Emirates.

When is Royal Bay handing over?+

Handover is scheduled for Q1 2017; the project is 100% complete.

What is the price of Royal Bay?+

Prices at Royal Bay start from AED 0.

Is Royal Bay registered with escrow?+

Yes, Royal Bay has escrow number 10174999159017 with the Dubai Land Department.

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