507, Azure Residences
Sold prices and rental history: sold twice, last in May 2024, 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 507, Azure Residences
What is 507 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,142 sqft
- Floor
- 5th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,000 /yr
- Last sold
- AED 3.03M · May 2024
- Building
- Azure Residences
About 507, Azure Residences
507 is a one-bedroom apartment of 1,142 sqft on the 5th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 1 May 2024 for AED 3,030,000, or AED 2,653 per sqft, 20% above the AED 2,210 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 13 Ejari contracts. The current contract, renewed on 5 December 2025, is AED 71,000 a year: a gross yield of 2.3% on the 2024 price, before the service charge of about AED 16,000 a year.
Sales and rents for 507 over time
507 has sold twice; 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 507 sits
All 139 1-beds →507 last sold in May 2024 at AED 2,653 per sqft, 20% above what one-beds in Azure Residences were fetching at the time (AED 2,210). 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. 507's AED 71,000 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 5th floor
All 170 units in Azure Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 2,016 sqft | AED 4.42MAED 4,417,600 · Dec 2013December 2013 | 62,000 /yr | |
| 502 | 1-bed | 1,142 sqft | AED 2.1MAED 2,100,000 · Sep 2022September 2022 | 90,000 /yr | |
| 503 | 1-bed | 593 sqft | AED 2.4MAED 2,396,100 · Oct 2015October 2015 | 125,000 /yr | |
| 504 | 1-bed | 593 sqft | AED 2.4MAED 2,396,100 · Aug 2015August 2015 | 65,550 /yr | |
| 505 | 1-bed | 1,143 sqft | AED 2.1MAED 2,100,000 · Dec 2017December 2017 | 175,000 /yr | |
| 506 | 1-bed | 1,143 sqft | AED 1.5MAED 1,500,000 · Apr 2020April 2020 | 48,000 /yr | |
| 508 | 2-bed | 2,017 sqft | AED 4.42MAED 4,417,600 · Nov 2016November 2016 | 60,000 /yr | |
| 509 | 1-bed | 1,156 sqft | AED 1.39MAED 1,391,702 · Nov 2019November 2019 | 150,000 /yr | |
| 510 | 1-bed | 1,143 sqft | AED 1.39MAED 1,391,702 · Oct 2019October 2019 | 68,500 /yr | |
| 511 | 1-bed | 1,143 sqft | AED 1.45MAED 1,449,690 · Jul 2019July 2019 | 60,000 /yr | |
| 512 | 1-bed | 1,143 sqft | AED 1.45MAED 1,449,690 · Jul 2019July 2019 | 170,000 /yr | |
| 513 | 1-bed | 1,143 sqft | AED 2.4MAED 2,400,000 · Jul 2024July 2024 | 120,129 /yr | |
| 514 | 1-bed | 1,143 sqft | AED 2.64MAED 2,635,800 · Apr 2018April 2018 | 158,000 /yr | |
| 515 | 1-bed | 1,143 sqft | AED 2.64MAED 2,635,800 · May 2018May 2018 | 200,000 /yr | |
| 516 | 1-bed | 1,142 sqft | AED 2.53MAED 2,530,368 · Dec 2018December 2018 | ||
| 517 | 2-bed | 2,015 sqft | AED 4.59MAED 4,590,000 · Mar 2025March 2025 | 240,000 /yr |
507, Azure Residences in numbers
- Sold twice: first on 11 October 2015 for AED 2,396,100, last on 1 May 2024 for AED 3,030,000 (AED 2,653 per sqft).
- Rented since February 2017 on 13 Ejari contracts. The rent fell from AED 120,000 to AED 52,000 in 2020 and recovered to AED 71,000 by December 2025.
- At AED 71,000 a year the gross yield on the 2024 price is 2.3%, before a service charge of about AED 16,000 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 5 December 2025.
Questions about 507, Azure Residences
What did unit 507 last sell for?
AED 3,030,000 on 1 May 2024: AED 2,653 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 2,396,100 in October 2015.
What is the rent for unit 507?
AED 71,000 a year on the contract renewed on 5 December 2025. The previous contract, from September 2025, was AED 145,000; the unit has been rented since February 2017.
How big is unit 507?
1,142 sqft (106.1 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.
What is unit 507 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 507, Azure Residences
Starts from the last sale price (AED 3.03M, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,030,000
- Deposit, UAE resident (20%)
- AED 606,000
- Deposit, non-resident (40%)
- AED 1,212,000
- Monthly over 25 years at 3.7%
- AED 12,397
Plus AED 132,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →