2-bed · 1,055 sqftAzure Residences, Palm Jumeirah · 2nd floor · completed 2015

208, Azure Residences

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 4.28M21 September 2015
Current rentAED 265K /yr17 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Azure Residences

What is 208 worth today?

Last sold for AED 4,279,500 in 2015

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17 Feb 2025RentedNew contract
AED 265,000/yr12 months · AED 132 per sqft
7 Jan 2025RentedRenewal
AED 47,000/yr12 months · AED 50 per sqft
7 Jan 2024RentedRenewal
AED 44,000/yr12 months · AED 47 per sqft
14 Jan 2022RentedRenewal
AED 160,000/yr12 months · AED 79 per sqft
7 Jan 2022RentedNew contract
AED 38,000/yr12 months · AED 40 per sqft
14 Jan 2021RentedRenewal
AED 150,000/yr12 months · AED 74 per sqft
15 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 40 per sqft
14 Jan 2020RentedRenewal
AED 185,000/yr12 months · AED 92 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 February 2025.

Key facts

Type
2-bed apartment
Size
1,055 sqft
Floor
2nd of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 14,800 /yr
Last sold
AED 4.28M · September 2015

About 208, Azure Residences

208 is a two-bedroom apartment of 1,055 sqft on the 2nd floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 21 September 2015 for AED 4,279,500, or AED 4,055 per sqft, 3% below the AED 4,186 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 17 February 2025, is AED 265,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 14,800 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Azure Residences
2M4M2013201720212025Typical sale price by year: 2013 AED 4,555,600; 2015 AED 4,532,600; 2016 AED 4,555,600; 2017 AED 4,543,000; 2020 AED 2,399,027; 2025 AED 4,850,000Sold by developer, September 2015: AED 4,279,500 (AED 4,055 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in Azure Residences
0200K2017202020232026Typical rent by year: 2017 AED 180,000; 2018 AED 61,000; 2019 AED 160,000; 2020 AED 132,500; 2021 AED 133,750; 2022 AED 82,066; 2023 AED 48,500; 2024 AED 56,500; 2025 AED 60,000New contract, February 2018: AED 60,000 a yearNew contract, August 2019: AED 43,000 a yearRenewal, January 2020: AED 185,000 a yearNew contract, December 2020: AED 38,000 a yearRenewal, January 2021: AED 150,000 a yearRenewal, January 2022: AED 160,000 a yearNew contract, January 2022: AED 38,000 a yearRenewal, January 2024: AED 44,000 a yearRenewal, January 2025: AED 47,000 a yearNew contract, February 2025: AED 265,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Azure Residences, and where 208 sits

All 29 2-beds →

208 last sold in September 2015 at AED 4,055 per sqft, 3% below what two-beds in Azure Residences were fetching at the time (AED 4,186). Over the last 12 months two-beds sold for AED 5,850,000, around AED 2,899 per sqft, and rent for AED 49,875 to 230,000 a year. 208's AED 265,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jan 20265,850,000
30 Jun 20255,850,000
30 Apr 20254,950,000
30 Apr 20254,750,000
1 2-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 2nd floor

All 170 units in Azure Residences
Value
2012-bedAED 3M · Sep 2022
2021-bedAED 1.7M · Apr 2021
2031-bedAED 2.55M · Nov 2017
2041-bedAED 2.32M · May 2015
2051-bedAED 2.55M · Feb 2018
2061-bedAED 2.32M · Oct 2013
2071-bedAED 2.32M · Oct 2013
1–7 of 16

208, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 21 September 2015 for AED 4,279,500, or AED 4,055 per sqft.
  • Rented since February 2018 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2022 and recovered to AED 265,000 by February 2025.
  • At AED 265,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 14,800 a year (AED 14.05 per sqft).
  • Two-beds in Azure Residences sold for AED 5,850,000–5,850,000 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 17 February 2025.

Questions about 208, Azure Residences

What did unit 208 last sell for?

AED 4,279,500 on 21 September 2015, sold by the developer: AED 4,055 per sqft for 1,055 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 265,000 a year on the contract signed on 17 February 2025. The previous contract, from January 2025, was AED 47,000; the unit has been rented since February 2018.

How big is unit 208?

1,055 sqft (98.0 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2015.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azure Residences sold for AED 5,850,000 to 5,850,000 in the last 12 months, around AED 2,899 per sqft.

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Mortgage on 208, Azure Residences

Starts from the last sale price (AED 4.28M, 21 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,279,500
Deposit, UAE resident (20%)
AED 855,900
Deposit, non-resident (40%)
AED 1,711,800
Monthly over 25 years at 3.7%
AED 17,509

Plus AED 184,749 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →