1-bed · 1,143 sqftAzure Residences, Palm Jumeirah · 10th floor · completed 2015

1004, Azure Residences

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 2.52M29 March 2017
Current rentAED 114K /yr8 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Azure Residences

What is 1004 worth today?

Last sold for AED 2,520,900 in 2017

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8 Nov 2024RentedRenewal
AED 114,145/yr5 months · AED 100 per sqft
8 Nov 2023RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft
8 Nov 2022RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
8 Nov 2021RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
13 Jun 2020RentedRenewal
AED 110,000/yr12 months · AED 96 per sqft
13 Jun 2019RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
29 Mar 2017Sold by developerReady
AED 2,520,900AED 2,206 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2024.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
10th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 2.52M · March 2017

About 1004, Azure Residences

1004 is a one-bedroom apartment of 1,143 sqft on the 10th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 29 March 2017 for AED 2,520,900, or AED 2,206 per sqft, in line with the AED 2,246 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 8 November 2024, is AED 114,145 a year: a gross yield of 4.5% on the 2017 price, before the service charge of about AED 16,100 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Azure Residences
2M3M2013201720212025Typical sale price by year: 2013 AED 2,599,500; 2014 AED 2,663,300; 2015 AED 2,471,000; 2016 AED 2,500,000; 2017 AED 2,553,400; 2018 AED 2,556,768; 2019 AED 1,494,955; 2020 AED 1,482,072; 2021 AED 1,830,000; 2022 AED 2,125,000; 2023 AED 2,350,000; 2024 AED 2,622,500; 2025 AED 2,776,000Sold by developer, March 2017: AED 2,520,900 (AED 2,206 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Azure Residences
100K125K2016201920222025Typical rent by year: 2016 AED 140,000; 2017 AED 130,000; 2018 AED 116,500; 2019 AED 95,000; 2020 AED 93,250; 2021 AED 91,873; 2022 AED 96,800; 2023 AED 88,000; 2024 AED 114,573; 2025 AED 92,000; 2026 AED 130,000New contract, June 2019: AED 110,000 a yearRenewal, June 2020: AED 110,000 a yearNew contract, November 2021: AED 110,000 a yearNew contract, November 2022: AED 110,000 a yearRenewal, November 2023: AED 115,000 a yearRenewal, November 2024: AED 114,145 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 Azure Residences, and where 1004 sits

All 139 1-beds →

1004 last sold in March 2017 at AED 2,206 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 2,246). Over the last 12 months one-beds sold for AED 3,300,000, around AED 2,887 per sqft, and rent for AED 48,300 to 200,000 a year. 1004's AED 114,145 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Dec 20253,300,000
29 Jul 20253,000,000
16 Jul 20253,000,000
11 Jun 20252,575,000
1 1-bed sale in the last 12 months

Azure Residences

Building

170 apartments, 1-bed to 2-bed over 10 floors in Palm Jumeirah, completed in 2015 by The Palm - Jumeirah Co. 2 sold in the last 12 months.

Typical price per sqft
AED 2,893
Typical sale
AED 4.58M
Typical rent
AED 103K /yr
Typical yield
2.3%
Azure Residences, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 170 units in Azure Residences
Value
10012-bedAED 5M · Oct 2024
10021-bedAED 2.5M · May 2023
10031-bedAED 2.77M · Jun 2015
10051-bedAED 2.65M · Jul 2023
10061-bedAED 2.2M · Jan 2023
10071-bedAED 2.81M · May 2024
10082-bedAED 4.65M · Oct 2013
1–7 of 16

1004, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 29 March 2017 for AED 2,520,900, or AED 2,206 per sqft.
  • Rented since June 2019 on 6 Ejari contracts, from AED 110,000 to AED 114,145 a year.
  • At AED 114,145 a year the gross yield on the 2017 price is 4.5%, before a service charge of about AED 16,100 a year (AED 14.05 per sqft).
  • One-beds in Azure Residences sold for AED 3,300,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,893 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2024.

Questions about 1004, Azure Residences

What did unit 1004 last sell for?

AED 2,520,900 on 29 March 2017, sold by the developer: AED 2,206 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 114,145 a year on the contract renewed on 8 November 2024. The previous contract, from November 2023, was AED 115,000; the unit has been rented since June 2019.

How big is unit 1004?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2015.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azure Residences sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,887 per sqft.

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Mortgage on 1004, Azure Residences

Starts from the last sale price (AED 2.52M, 29 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,520,900
Deposit, UAE resident (20%)
AED 504,180
Deposit, non-resident (40%)
AED 1,008,360
Monthly over 25 years at 3.7%
AED 10,314

Plus AED 110,888 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →