1,385 sqftAzure Residences, Palm Jumeirah · 1st floor · completed 2015

116, Azure Residences

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 30 October 2025
Last soldAED 3.4M30 October 2025
Current rentAED 190K /yr21 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Azure Residences

What is 116 worth today?

Last sold for AED 3,400,000 in 2025

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30 Oct 2025SoldReady
AED 3,400,000AED 2,454 per sqft
21 Jun 2024RentedNew contract
AED 190,000/yr12 months · AED 137 per sqft
1 Mar 2023RentedRenewal
AED 155,447/yr12 months · AED 112 per sqft
1 Mar 2022RentedNew contract
AED 155,000/yr12 months · AED 112 per sqft
28 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,599,500AED 1,876 per sqft

Source: Dubai Land Department. Updated 30 October 2025.

Key facts

Type
Apartment
Size
1,385 sqft
Floor
1st of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 19,500 /yr
Last sold
AED 3.4M · October 2025

About 116, Azure Residences

116 is an apartment of 1,385 sqft on the 1st floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 30 October 2025 for AED 3,400,000, or AED 2,454 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 21 June 2024, is AED 190,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 19,500 a year.

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 1st floor

All 170 units in Azure Residences
Value
1012-bedAED 3.6M · May 2022
1021-bedAED 2.6M · Oct 2013
1031-bedAED 2.6M · Oct 2013
1041-bedAED 2.6M · Oct 2013
1051-bedAED 2.6M · Oct 2013
1061-bedAED 2.6M · Oct 2013
1071-bedAED 2.6M · Oct 2013
1–7 of 16

116, Azure Residences in numbers

  • Sold twice: first on 3 October 2013 for AED 2,599,500, last on 30 October 2025 for AED 3,400,000 (AED 2,454 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 90,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2025 price is 5.6%, before a service charge of about AED 19,500 a year (AED 14.05 per sqft).

Source: Dubai Land Department. Updated 30 October 2025.

Questions about 116, Azure Residences

What did unit 116 last sell for?

AED 3,400,000 on 30 October 2025: AED 2,454 per sqft for 1,385 sqft. The unit has 2 registered sales; the first was AED 2,599,500 in October 2013.

What is the rent for unit 116?

AED 190,000 a year on the contract signed on 21 June 2024. The previous contract, from March 2023, was AED 155,447; the unit has been rented since July 2020.

How big is unit 116?

1,385 sqft (128.7 sqm): an apartment on the 1st floor of a 10-storey tower completed in 2015.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 116, Azure Residences

Starts from the last sale price (AED 3.4M, 30 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →