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

615, Azure Residences

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 2.66M3 May 2018
Current rentAED 135K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Azure Residences

What is 615 worth today?

Last sold for AED 2,663,300 in 2018

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1 Jan 2026RentedRenewal
AED 135,000/yr12 months · AED 118 per sqft
1 Jan 2025RentedRenewal
AED 175,000/yr12 months · AED 153 per sqft
1 Jan 2024RentedNew contract
AED 175,000/yr12 months · AED 153 per sqft
1 Jun 2022RentedNew contract
AED 160,000/yr12 months · AED 140 per sqft
3 May 2018Sold by developerReady
AED 2,663,300AED 2,330 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2026.

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 · May 2018

About 615, Azure Residences

615 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 3 May 2018 for AED 2,663,300, or AED 2,330 per sqft, 3% above the AED 2,260 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 135,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 16,100 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, May 2018: AED 2,663,300 (AED 2,330 per sqft)

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

Rents
Unit 615, each contractTypical one-bed in Azure Residences
100K150K2016201920222025Typical 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 130,000New contract, June 2022: AED 160,000 a yearNew contract, January 2024: AED 175,000 a yearRenewal, January 2025: AED 175,000 a yearRenewal, January 2026: AED 135,000 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 615 sits

All 139 1-beds →

615 last sold in May 2018 at AED 2,330 per sqft, 3% above what one-beds in Azure Residences were fetching at the time (AED 2,260). 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. 615's AED 135,000 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
6051-bedAED 2.5M · Nov 2016
6061-bedAED 2.66M · Jul 2015
6071-bedAED 2.66M · Aug 2014
1–7 of 16

615, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 3 May 2018 for AED 2,663,300, or AED 2,330 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 160,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2018 price is 5.1%, 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 1 January 2026.

Questions about 615, Azure Residences

What did unit 615 last sell for?

AED 2,663,300 on 3 May 2018, sold by the developer: AED 2,330 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 135,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 175,000; the unit has been rented since June 2022.

How big is unit 615?

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 615 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 615, Azure Residences

Starts from the last sale price (AED 2.66M, 3 May 2018). 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 →