401, Azure Residences
Sold prices and rental history: sold twice, last in April 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Azure Residences
What is 401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,016 sqft
- Floor
- 4th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 28,300 /yr
- Last sold
- AED 3.6M · April 2020
- Building
- Azure Residences
About 401, Azure Residences
401 is a two-bedroom apartment of 2,016 sqft on the 4th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 8 April 2020 for AED 3,600,000, or AED 1,785 per sqft, 50% above the AED 1,190 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 15 Ejari contracts. The current contract, renewed on 12 August 2025, is AED 53,000 a year: a gross yield of 1.5% on the 2020 price, before the service charge of about AED 28,300 a year.
Sales and rents for 401 over time
401 has sold twice; the dashed line is the two-bed median of each year in the building.
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 401 sits
All 29 2-beds →401 last sold in April 2020 at AED 1,785 per sqft, 50% above what two-beds in Azure Residences were fetching at the time (AED 1,190). 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. 401's AED 53,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202613 January 2026 | 2,018 sqft | 5,850,000 | 2,899 | ||
| 30 Jun 202530 June 2025 | 2,262 sqft | 5,850,000 | 2,586 | ||
| 30 Apr 202530 April 2025 | 2,018 sqft | 4,950,000 | 2,453 | ||
| 30 Apr 202530 April 2025 | 2,018 sqft | 4,750,000 | 2,353 |
Azure Residences
Building170 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%
Other units on the 4th floor
All 170 units in Azure Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 593 sqft | AED 2.37MAED 2,371,100 · Aug 2015August 2015 | 90,000 /yr | |
| 403 | 1-bed | 1,143 sqft | AED 2.15MAED 2,150,000 · Jan 2018January 2018 | 125,000 /yr | |
| 404 | 1-bed | 593 sqft | AED 2.37MAED 2,371,100 · Jul 2015July 2015 | 68,500 /yr | |
| 405 | 1-bed | 593 sqft | AED 2.61MAED 2,608,300 · Aug 2015August 2015 | 60,000 /yr | |
| 406 | 1-bed | 1,143 sqft | AED 1.9MAED 1,900,000 · Jul 2021July 2021 | 60,000 /yr | |
| 407 | 1-bed | 1,142 sqft | AED 2.37MAED 2,371,100 · Mar 2017March 2017 | 72,000 /yr | |
| 408 | 2-bed | 1,055 sqft | AED 4.37MAED 4,371,500 · Jun 2015June 2015 | 270,000 /yr | |
| 409 | 1-bed | 1,156 sqft | AED 1.38MAED 1,377,182 · Oct 2019October 2019 | 49,350 /yr | |
| 410 | 1-bed | 1,143 sqft | AED 2.05MAED 2,050,000 · May 2023May 2023 | 85,000 /yr | |
| 411 | 1-bed | 1,143 sqft | AED 2.61MAED 2,608,300 · Apr 2019April 2019 | 50,000 /yr | |
| 412 | 1-bed | 1,143 sqft | AED 1.43MAED 1,434,565 · Sep 2019September 2019 | 150,000 /yr | |
| 413 | 1-bed | 1,143 sqft | AED 2.61MAED 2,608,300 · Dec 2018December 2018 | ||
| 414 | 1-bed | 1,143 sqft | AED 2.45MAED 2,450,000 · Feb 2024February 2024 | 190,000 /yr | |
| 415 | 1-bed | 1,143 sqft | AED 2.61MAED 2,608,300 · Nov 2018November 2018 | 88,000 /yr | |
| 416 | 1-bed | 1,142 sqft | AED 2.61MAED 2,608,300 · Mar 2018March 2018 | 150,000 /yr | |
| 417 | 2-bed | 2,015 sqft | AED 2.45MAED 2,446,426 · Oct 2019October 2019 | 177,000 /yr |
401, Azure Residences in numbers
- Sold twice: first on 1 November 2015 for AED 4,808,700, last on 8 April 2020 for AED 3,600,000 (AED 1,785 per sqft).
- Rented since December 2016 on 15 Ejari contracts. The rent fell from AED 195,000 to AED 32,000 in 2021 and recovered to AED 53,000 by August 2025.
- At AED 53,000 a year the gross yield on the 2020 price is 1.5%, before a service charge of about AED 28,300 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 12 August 2025.
Questions about 401, Azure Residences
What did unit 401 last sell for?
AED 3,600,000 on 8 April 2020: AED 1,785 per sqft for 2,016 sqft. The unit has 2 registered sales; the first was AED 4,808,700 in November 2015.
What is the rent for unit 401?
AED 53,000 a year on the contract renewed on 12 August 2025. The previous contract, from August 2025, was AED 205,000; the unit has been rented since December 2016.
How big is unit 401?
2,016 sqft (187.3 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 401 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 401, Azure Residences
Starts from the last sale price (AED 3.6M, 8 April 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →