405, Azure Residences
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Azure Residences
What is 405 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 593 sqft
- Floor
- 4th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 8,300 /yr
- Last sold
- AED 2.61M · August 2015
- Building
- Azure Residences
About 405, Azure Residences
405 is a one-bedroom apartment of 593 sqft on the 4th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 18 August 2015 for AED 2,608,300, or AED 4,401 per sqft, 6% above the AED 4,149 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 17 March 2025, is AED 60,000 a year: a gross yield of 2.3% on the 2015 price, before the service charge of about AED 8,300 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the one-bed median of each year in the building.
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 405 sits
All 139 1-beds →405 last sold in August 2015 at AED 4,401 per sqft, 6% above what one-beds in Azure Residences were fetching at the time (AED 4,149). 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. 405's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Dec 202517 December 2025 | 1,143 sqft | 3,300,000 | 2,887 | ||
| 29 Jul 202529 July 2025 | 1,143 sqft | 3,000,000 | 2,625 | ||
| 16 Jul 202516 July 2025 | 1,143 sqft | 3,000,000 | 2,625 | ||
| 11 Jun 202511 June 2025 | 1,151 sqft | 2,575,000 | 2,237 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 2,016 sqft | AED 3.6MAED 3,600,000 · Apr 2020April 2020 | 53,000 /yr | |
| 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 | |
| 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 |
405, Azure Residences in numbers
- Sold once: by The Palm - Jumeirah Co on 18 August 2015 for AED 2,608,300, or AED 4,401 per sqft.
- Rented since January 2017 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 38,000 in 2022 and recovered to AED 60,000 by March 2025.
- At AED 60,000 a year the gross yield on the 2015 price is 2.3%, before a service charge of about AED 8,300 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 17 March 2025.
Questions about 405, Azure Residences
What did unit 405 last sell for?
AED 2,608,300 on 18 August 2015, sold by the developer: AED 4,401 per sqft for 593 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 60,000 a year on the contract signed on 17 March 2025. The previous contract, from December 2024, was AED 170,000; the unit has been rented since January 2017.
How big is unit 405?
593 sqft (55.1 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 405 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 405, Azure Residences
Starts from the last sale price (AED 2.61M, 18 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,608,300
- Deposit, UAE resident (20%)
- AED 521,660
- Deposit, non-resident (40%)
- AED 1,043,320
- Monthly over 25 years at 3.7%
- AED 10,671
Plus AED 114,559 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →