1-bed · 1,143 sqftAzure Residences, Palm Jumeirah · 6th floor · completed 2015

605, Azure Residences

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 2.66M23 November 2016
Current rentAED 170K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Azure Residences

What is 605 worth today?

Last sold for AED 2,663,300 in 2016

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12 Dec 2024RentedNew contract
AED 170,000/yr12 months · AED 149 per sqft
28 Jul 2024RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft
4 Jan 2024RentedNew contract
AED 148,000/yr12 months · AED 130 per sqft
28 Jul 2023RentedNew contract
AED 49,000/yr12 months · AED 58 per sqft
27 Nov 2022RentedRenewal
AED 120,000/yr12 months · AED 105 per sqft
27 Nov 2021RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
29 Nov 2020RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
17 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
6th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 2.66M · November 2016

About 605, Azure Residences

605 is a one-bedroom apartment of 1,143 sqft on the 6th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 23 November 2016 for AED 2,663,300, or AED 2,330 per sqft, 3% above the AED 2,259 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, signed on 12 December 2024, is AED 170,000 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 16,100 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Azure Residences
2M3M2013201720212025Typical sale price by year: 2013 AED 2,599,500; 2014 AED 2,663,300; 2015 AED 2,471,000; 2016 AED 2,500,000; 2017 AED 2,553,400; 2018 AED 2,556,768; 2019 AED 1,494,955; 2020 AED 1,482,072; 2021 AED 1,830,000; 2022 AED 2,125,000; 2023 AED 2,350,000; 2024 AED 2,622,500; 2025 AED 2,776,000Sold by developer, November 2016: AED 2,663,300 (AED 2,330 per sqft)Sold, November 2016: AED 2,500,000 (AED 2,187 per sqft)

605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in Azure Residences
100K2016201920222025Typical rent by year: 2016 AED 140,000; 2017 AED 130,000; 2018 AED 116,500; 2019 AED 95,000; 2020 AED 93,250; 2021 AED 91,873; 2022 AED 96,800; 2023 AED 88,000; 2024 AED 114,573; 2025 AED 92,000; 2026 AED 130,000Renewal, June 2018: AED 135,000 a yearRenewal, December 2018: AED 126,000 a yearRenewal, April 2019: AED 168,000 a yearNew contract, November 2019: AED 100,000 a yearNew contract, November 2020: AED 95,000 a yearNew contract, November 2021: AED 120,000 a yearRenewal, November 2022: AED 120,000 a yearNew contract, July 2023: AED 49,000 a yearNew contract, January 2024: AED 148,000 a yearRenewal, July 2024: AED 50,000 a yearNew contract, December 2024: AED 170,000 a year

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 605 sits

All 139 1-beds →

605 last sold in November 2016 at AED 2,330 per sqft, 3% above what one-beds in Azure Residences were fetching at the time (AED 2,259). 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. 605's AED 170,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Dec 20253,300,000
29 Jul 20253,000,000
16 Jul 20253,000,000
11 Jun 20252,575,000
1 1-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 6th floor

All 170 units in Azure Residences
Value
6012-bedAED 4.91M · Feb 2015
6021-bedAED 2.42M · Dec 2015
6031-bedAED 3.3M · Dec 2025
6041-bedAED 2.42M · Jun 2015
6061-bedAED 2.66M · Jul 2015
6071-bedAED 2.66M · Aug 2014
6082-bedAED 5.85M · Jan 2026
1–7 of 16

605, Azure Residences in numbers

  • Sold twice: first on 23 November 2016 for AED 2,500,000, last on 23 November 2016 for AED 2,663,300 (AED 2,330 per sqft).
  • Rented since June 2018 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 49,000 in 2023 and recovered to AED 170,000 by December 2024.
  • At AED 170,000 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 16,100 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 12 December 2024.

Questions about 605, Azure Residences

What did unit 605 last sell for?

AED 2,663,300 on 23 November 2016, sold by the developer: AED 2,330 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in November 2016.

What is the rent for unit 605?

AED 170,000 a year on the contract signed on 12 December 2024. The previous contract, from July 2024, was AED 50,000; the unit has been rented since June 2018.

How big is unit 605?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2015.

What is unit 605 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 605, Azure Residences

Starts from the last sale price (AED 2.66M, 23 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,663,300
Deposit, UAE resident (20%)
AED 532,660
Deposit, non-resident (40%)
AED 1,065,320
Monthly over 25 years at 3.7%
AED 10,896

Plus AED 116,869 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →