1-bed · 1,142 sqftAzure Residences, Palm Jumeirah · 7th floor · completed 2015

707, Azure Residences

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 19 June 2025
Last soldAED 2.45M26 July 2015
Current rentAED 74K /yr19 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Azure Residences

What is 707 worth today?

Last sold for AED 2,446,000 in 2015

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19 Jun 2025RentedRenewal
AED 73,890/yr9 months · AED 58 per sqft
19 Jun 2024RentedRenewal
AED 74,000/yr12 months · AED 59 per sqft
20 Mar 2023RentedRenewal
AED 125,000/yr12 months · AED 110 per sqft
1 Aug 2022RentedNew contract
AED 58,000/yr12 months · AED 46 per sqft
20 Mar 2022RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
20 Jul 2021RentedRenewal
AED 55,000/yr12 months · AED 43 per sqft
5 Aug 2020RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
20 Jul 2020RentedRenewal
AED 55,000/yr12 months · AED 43 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 June 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 2.45M · July 2015

About 707, Azure Residences

707 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. The developer sold it on 26 July 2015 for AED 2,446,000, or AED 4,127 per sqft, in line with the AED 4,127 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 12 Ejari contracts. The current contract, renewed on 19 June 2025, is AED 73,890 a year: a gross yield of 3.0% on the 2015 price, before the service charge of about AED 16,000 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, July 2015: AED 2,446,000 (AED 4,127 per sqft)

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

Rents
Unit 707, each contractTypical one-bed in Azure Residences
50K100K150K2016201920222025Typical 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, February 2017: AED 125,000 a yearNew contract, July 2018: AED 118,000 a yearNew contract, June 2019: AED 55,000 a yearNew contract, August 2019: AED 107,500 a yearRenewal, July 2020: AED 55,000 a yearNew contract, August 2020: AED 115,000 a yearRenewal, July 2021: AED 55,000 a yearNew contract, March 2022: AED 125,000 a yearNew contract, August 2022: AED 58,000 a yearRenewal, March 2023: AED 125,000 a yearRenewal, June 2024: AED 74,000 a yearRenewal, June 2025: AED 73,890 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 707 sits

All 139 1-beds →

707 last sold in July 2015 at AED 4,127 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 4,127). 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. 707's AED 73,890 is in the lower 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 7th floor

All 170 units in Azure Residences
Value
7012-bedAED 4.51M · May 2015
7021-bedAED 1.8M · Mar 2016
7031-bedAED 2.69M · Apr 2014
7041-bedAED 2.45M · Jun 2015
7051-bedAED 1.78M · Dec 2020
7061-bedAED 2.45M · Oct 2015
7082-bedAED 4.95M · Apr 2025
1–7 of 16

707, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 26 July 2015 for AED 2,446,000, or AED 4,127 per sqft.
  • Rented since February 2017 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 55,000 in 2021 and recovered to AED 73,890 by June 2025.
  • At AED 73,890 a year the gross yield on the 2015 price is 3.0%, 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 19 June 2025.

Questions about 707, Azure Residences

What did unit 707 last sell for?

AED 2,446,000 on 26 July 2015, sold by the developer: AED 4,127 per sqft for 1,142 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 73,890 a year on the contract renewed on 19 June 2025. The previous contract, from June 2024, was AED 74,000; the unit has been rented since February 2017.

How big is unit 707?

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 707 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 707, Azure Residences

Starts from the last sale price (AED 2.45M, 26 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,446,000
Deposit, UAE resident (20%)
AED 489,200
Deposit, non-resident (40%)
AED 978,400
Monthly over 25 years at 3.7%
AED 10,007

Plus AED 107,742 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →