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Royal Bay - Silverstone Luxury Realty

Starting price: AED 11,800,000

FEATURES & AMENITIES

Gym

Infinity pool

RESTAURANTS

PUBLIC PARKS

BARBECUE AREA

Spa center

LOCATION

About the project

Royal Bay is a 10-story luxury building located on the crescent of Palm Jumeirah. The project consists of 90 residential units, including apartments and penthouses. The building was designed and built by Azizi Development, a well-known developer operating in Dubai since 2007. Construction of the project began in 2015 and was completed in 2017, all units are ready for occupancy.

The building includes 58 apartments with one bedroom, 30 with two bedrooms and 2 penthouses. Apartments range in size from 74 sq.m. to 152 sq.m. The starting price of the property is AED 1,230,000 (USD 335,000). All apartments are serviced and penthouse residents can enjoy their own private pools and jacuzzis. The apartments have panoramic views of the Arabian Gulf and the skyline of modern Dubai.

Amenities available to residents include access to a landscaped pool, a gym, resident and visitor parking, a private beach, landscaped gardens, 24-hour concierge service, apartment cleaning services, a children’s pool, and a children’s playground.

Location

Royal Bay by Azizi is located in Palm Jumeirah with access to many transport interchanges. It is a 30-minute drive to Dubai Mall, 25 minutes to the Burj Al Arab and The Walk JBR. Dubai International Airport is also about 40 minutes away, and the new Al Maktoum International Airport is 50 minutes away.

Residents are able to enjoy plenty of greenery and fresh air. Also the developer has provided a unique feature in the building at an angle of 45 degrees. In this way all the rooms have a view of the seascape.

Investing

Royal Bay offers premium real estate in one of the most popular tourist areas of Palm Jumeirah. The best beaches, clubs, restaurants and entertainment venues are concentrated here.

Palm Jumeirah island is suitable for connoisseurs of the resort lifestyle and fans of sea sports. Thanks to the well-developed tourist infrastructure nearby, the Royal Bay property can be used for long-term and short-term rentals. The average annual yield of the project is estimated at 5.55%.

The cost of annual rents and the value of apartments in the complex continues to rise. During the first half of 2021 the purchase price of real estate in Royal Bay increased by 0.92%. At the same time the average rental value of real estate in the area of Palm Jumeirah also increased by 4.16%.

OVERVIEW

Azizi Developments

Developer

Royal Bay

Projects

Palm Jumeirah

Area

Ready To - Move in

Handover

Penthouses

Type

Developer

Azizi Developments

AED 11,800,000

STARTING PRICE

Ready To - Move in

HANDOVER

Palm Jumeirah
Penthouses

Developer

Azizi developments

AED 11,800,000

STARTING PRICE

Ready To - Move in

HANDOVER

Date

Monday, 18 th September 2023

Time

9:00 AM – 5:00 PM

Venue

Majlis Al Salam Ballroom

Access

Valet Parking

Pre Resereve

Register Your Interest

Pre-Reserve your interest now to be able to buy

Royal Bay is a 10-story luxury building located on the crescent of Palm Jumeirah. The project consists of 90 residential units, including apartments and penthouses. The building was designed and built by Azizi Development, a well-known developer operating in Dubai since 2007. Construction of the project began in 2015 and was completed in 2017, all units are ready for occupancy.

The building includes 58 apartments with one bedroom, 30 with two bedrooms and 2 penthouses. Apartments range in size from 74 sq.m. to 152 sq.m. The starting price of the property is AED 1,230,000 (USD 335,000). All apartments are serviced and penthouse residents can enjoy their own private pools and jacuzzis. The apartments have panoramic views of the Arabian Gulf and the skyline of modern Dubai.

Amenities available to residents include access to a landscaped pool, a gym, resident and visitor parking, a private beach, landscaped gardens, 24-hour concierge service, apartment cleaning services, a children’s pool, and a children’s playground.

Restaurants

Gymnasium

Swimming Pools

public parks

barbecue area

Spa Center

Royal Bay by Azizi is located in Palm Jumeirah with access to many transport interchanges. It is a 30-minute drive to Dubai Mall, 25 minutes to the Burj Al Arab and The Walk JBR. Dubai International Airport is also about 40 minutes away, and the new Al Maktoum International Airport is 50 minutes away.

Residents are able to enjoy plenty of greenery and fresh air. Also the developer has provided a unique feature in the building at an angle of 45 degrees. In this way all the rooms have a view of the seascape.

Royal-Bay-1
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Investing

Royal Bay offers premium real estate in one of the most popular tourist areas of Palm Jumeirah. The best beaches, clubs, restaurants and entertainment venues are concentrated here.

Palm Jumeirah island is suitable for connoisseurs of the resort lifestyle and fans of sea sports. Thanks to the well-developed tourist infrastructure nearby, the Royal Bay property can be used for long-term and short-term rentals. The average annual yield of the project is estimated at 5.55%.

The cost of annual rents and the value of apartments in the complex continues to rise. During the first half of 2021 the purchase price of real estate in Royal Bay increased by 0.92%. At the same time the average rental value of real estate in the area of Palm Jumeirah also increased by 4.16%.

 
Pre-Reserve your interest now to be able to buy
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