702, Azure Residences
Sold prices and rental history: sold twice, last in March 2016, 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 702, Azure Residences
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,142 sqft
- Floor
- 7th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.8M · March 2016
- Building
- Azure Residences
About 702, Azure Residences
702 is a one-bedroom apartment of 1,142 sqft on the 7th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 29 March 2016 for AED 1,800,000, or AED 1,576 per sqft, 62% below the AED 4,170 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 13 Ejari contracts. The current contract, signed on 1 November 2025, is AED 150,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 16,000 a year.
Sales and rents for 702 over time
702 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 702 sits
All 139 1-beds →702 last sold in March 2016 at AED 1,576 per sqft, 62% below what one-beds in Azure Residences were fetching at the time (AED 4,170). 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. 702's AED 150,000 is in the upper 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 7th floor
All 170 units in Azure Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 2,017 sqft | AED 4.51MAED 4,509,600 · May 2015May 2015 | 250,000 /yr | |
| 703 | 1-bed | 1,143 sqft | AED 2.69MAED 2,690,600 · Apr 2014April 2014 | 120,000 /yr | |
| 704 | 1-bed | 593 sqft | AED 2.45MAED 2,446,000 · Jun 2015June 2015 | 64,000 /yr | |
| 705 | 1-bed | 1,143 sqft | AED 1.78MAED 1,775,000 · Dec 2020December 2020 | 47,000 /yr | |
| 706 | 1-bed | 593 sqft | AED 2.45MAED 2,446,000 · Oct 2015October 2015 | 49,203 /yr | |
| 707 | 1-bed | 1,142 sqft | AED 2.45MAED 2,446,000 · Jul 2015July 2015 | 73,890 /yr | |
| 708 | 2-bed | 2,018 sqft | AED 4.95MAED 4,950,000 · Apr 2025April 2025 | 63,000 /yr | |
| 709 | 1-bed | 1,151 sqft | AED 1.42MAED 1,420,637 · Feb 2020February 2020 | 147,000 /yr | |
| 710 | 1-bed | 1,143 sqft | AED 1.42MAED 1,420,637 · Nov 2019November 2019 | 70,000 /yr | |
| 711 | 1-bed | 1,143 sqft | AED 3MAED 3,000,000 · Jul 2025July 2025 | 155,000 /yr | |
| 712 | 1-bed | 1,143 sqft | AED 2.42MAED 2,415,139 · Aug 2019August 2019 | 105,000 /yr | |
| 713 | 1-bed | 1,143 sqft | AED 2.35MAED 2,350,000 · Mar 2023March 2023 | 210,000 /yr | |
| 714 | 1-bed | 1,143 sqft | AED 2.38MAED 2,375,000 · Nov 2023November 2023 | 115,000 /yr | |
| 715 | 1-bed | 1,143 sqft | AED 2.35MAED 2,350,000 · Feb 2024February 2024 | 109,000 /yr | |
| 716 | 1-bed | 1,142 sqft | AED 2.69MAED 2,690,600 · May 2017May 2017 | 160,000 /yr | |
| 717 | 2-bed | 2,018 sqft | AED 4.96MAED 4,960,600 · Apr 2018April 2018 |
702, Azure Residences in numbers
- Sold twice: first on 19 May 2015 for AED 2,446,000, last on 29 March 2016 for AED 1,800,000 (AED 1,576 per sqft).
- Rented since September 2017 on 13 Ejari contracts. The rent fell from AED 94,900 to AED 60,000 in 2020 and recovered to AED 150,000 by November 2025.
- At AED 150,000 a year the gross yield on the 2016 price is 8.3%, 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: Dubai Land Department. Updated 1 November 2025.
Questions about 702, Azure Residences
What did unit 702 last sell for?
AED 1,800,000 on 29 March 2016: AED 1,576 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 2,446,000 in May 2015.
What is the rent for unit 702?
AED 150,000 a year on the contract signed on 1 November 2025. The previous contract, from October 2025, was AED 65,500; the unit has been rented since September 2017.
How big is unit 702?
1,142 sqft (106.1 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.
What is unit 702 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 702, Azure Residences
Starts from the last sale price (AED 1.8M, 29 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →