1-bed · 1,151 sqftAzure Residences, Palm Jumeirah · 7th floor · completed 2015

709, Azure Residences

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 1.42M13 February 2020
Current rentAED 147K /yr18 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Azure Residences

What is 709 worth today?

Last sold for AED 1,420,637 in 2020

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18 Dec 2025RentedRenewal
AED 147,000/yr12 months · AED 128 per sqft
22 Sep 2025RentedRenewal
AED 53,000/yr12 months · AED 61 per sqft
18 Dec 2024RentedRenewal
AED 140,000/yr12 months · AED 122 per sqft
22 Sep 2024RentedRenewal
AED 51,500/yr12 months · AED 60 per sqft
21 Sep 2023RentedNew contract
AED 145,000/yr12 months · AED 126 per sqft
20 Nov 2022RentedRenewal
AED 38,500/yr12 months · AED 45 per sqft
30 Jul 2022RentedRenewal
AED 93,500/yr12 months · AED 81 per sqft
20 Nov 2021RentedRenewal
AED 35,000/yr12 months · AED 41 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 December 2025.

Key facts

Type
1-bed apartment
Size
1,151 sqft
Floor
7th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,200 /yr
Last sold
AED 1.42M · February 2020

About 709, Azure Residences

709 is a one-bedroom apartment of 1,151 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 13 February 2020 for AED 1,420,637, or AED 1,234 per sqft, 6% below the AED 1,308 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 14 Ejari contracts. The current contract, renewed on 18 December 2025, is AED 147,000 a year: a gross yield of 10.3% on the 2020 price, before the service charge of about AED 16,200 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, February 2020: AED 1,420,637 (AED 1,234 per sqft)

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

Rents
Unit 709, 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 130,000New contract, January 2018: AED 60,000 a yearNew contract, October 2018: AED 60,000 a yearRenewal, October 2019: AED 45,000 a yearNew contract, July 2020: AED 85,000 a yearNew contract, November 2020: AED 35,000 a yearRenewal, July 2021: AED 85,000 a yearRenewal, November 2021: AED 35,000 a yearRenewal, July 2022: AED 93,500 a yearRenewal, November 2022: AED 38,500 a yearNew contract, September 2023: AED 145,000 a yearRenewal, September 2024: AED 51,500 a yearRenewal, December 2024: AED 140,000 a yearRenewal, September 2025: AED 53,000 a yearRenewal, December 2025: AED 147,000 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 709 sits

All 139 1-beds →

709 last sold in February 2020 at AED 1,234 per sqft, 6% below what one-beds in Azure Residences were fetching at the time (AED 1,308). 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. 709's AED 147,000 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 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
7071-bedAED 2.45M · Jul 2015
1–7 of 16

709, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 13 February 2020 for AED 1,420,637, or AED 1,234 per sqft.
  • Rented since January 2018 on 14 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2021 and recovered to AED 147,000 by December 2025.
  • At AED 147,000 a year the gross yield on the 2020 price is 10.3%, before a service charge of about AED 16,200 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 18 December 2025.

Questions about 709, Azure Residences

What did unit 709 last sell for?

AED 1,420,637 on 13 February 2020, sold by the developer: AED 1,234 per sqft for 1,151 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 147,000 a year on the contract renewed on 18 December 2025. The previous contract, from September 2025, was AED 53,000; the unit has been rented since January 2018.

How big is unit 709?

1,151 sqft (106.9 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.

What is unit 709 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 709, Azure Residences

Starts from the last sale price (AED 1.42M, 13 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,637
Deposit, UAE resident (20%)
AED 284,127
Deposit, non-resident (40%)
AED 568,255
Monthly over 25 years at 3.7%
AED 5,812

Plus AED 64,676 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →