703, Azure Residences
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Azure Residences
What is 703 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,143 sqft
- Floor
- 7th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,100 /yr
- Last sold
- AED 2.69M · April 2014
- Building
- Azure Residences
About 703, Azure Residences
703 is a one-bedroom apartment of 1,143 sqft on the 7th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 9 April 2014 for AED 2,690,600, or AED 2,354 per sqft, 26% above the AED 1,874 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 16 Ejari contracts. The current contract, signed on 10 August 2025, is AED 120,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 16,100 a year.
Sales and rents for 703 over time
703 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 703 sits
All 139 1-beds →703 last sold in April 2014 at AED 2,354 per sqft, 26% above what one-beds in Azure Residences were fetching at the time (AED 1,874). 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. 703's AED 120,000 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 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 | |
| 702 | 1-bed | 1,142 sqft | AED 1.8MAED 1,800,000 · Mar 2016March 2016 | 150,000 /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 |
703, Azure Residences in numbers
- Sold once: by The Palm - Jumeirah Co on 9 April 2014 for AED 2,690,600, or AED 2,354 per sqft.
- Rented since December 2016 on 16 Ejari contracts. The rent fell from AED 135,000 to AED 78,000 in 2021 and recovered to AED 120,000 by August 2025.
- At AED 120,000 a year the gross yield on the 2014 price is 4.5%, 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 10 August 2025.
Questions about 703, Azure Residences
What did unit 703 last sell for?
AED 2,690,600 on 9 April 2014, sold by the developer: AED 2,354 per sqft for 1,143 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 120,000 a year on the contract signed on 10 August 2025. The previous contract, from July 2024, was AED 120,000; the unit has been rented since December 2016.
How big is unit 703?
1,143 sqft (106.2 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.
What is unit 703 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 703, Azure Residences
Starts from the last sale price (AED 2.69M, 9 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,690,600
- Deposit, UAE resident (20%)
- AED 538,120
- Deposit, non-resident (40%)
- AED 1,076,240
- Monthly over 25 years at 3.7%
- AED 11,008
Plus AED 118,015 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →