1-bed · 1,143 sqftAzure Residences, Palm Jumeirah · 8th floor · completed 2015

813, Azure Residences

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 813 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 1.49M2 October 2019
Current rentAED 160K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 813, Azure Residences

What is 813 worth today?

Last sold for AED 1,494,955 in 2019

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14 Mar 2024RentedRenewal
AED 160,000/yr12 months · AED 140 per sqft
14 Mar 2023RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
28 Jan 2022RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
28 Sep 2021RentedRenewal
AED 109,200/yr12 months · AED 96 per sqft
28 Sep 2020RentedRenewal
AED 102,000/yr12 months · AED 89 per sqft
2 Oct 2019Sold by developerReady
AED 1,494,955AED 1,308 per sqft
28 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
8th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 1.49M · October 2019

About 813, Azure Residences

813 is a one-bedroom apartment of 1,143 sqft on the 8th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 2 October 2019 for AED 1,494,955, or AED 1,308 per sqft, 26% below the AED 1,768 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 14 March 2024, is AED 160,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 16,100 a year.

Sales and rents for 813 over time

Sales
Unit 813, 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, October 2019: AED 1,494,955 (AED 1,308 per sqft)

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

Rents
Unit 813, 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, September 2019: AED 105,000 a yearRenewal, September 2020: AED 102,000 a yearRenewal, September 2021: AED 109,200 a yearNew contract, January 2022: AED 120,000 a yearNew contract, March 2023: AED 150,000 a yearRenewal, March 2024: AED 160,000 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 813 sits

All 139 1-beds →

813 last sold in October 2019 at AED 1,308 per sqft, 26% below what one-beds in Azure Residences were fetching at the time (AED 1,768). 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. 813's AED 160,000 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 8th floor

All 170 units in Azure Residences
Value
8012-bedAED 2.4M · Apr 2020
8021-bedAED 2.15M · Jun 2022
8031-bedAED 2.47M · Aug 2015
8041-bedAED 2.47M · Aug 2015
8051-bedAED 1.71M · May 2019
8061-bedAED 2.47M · Jun 2015
8071-bedAED 2.47M · Jun 2015
1–7 of 16

813, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 2 October 2019 for AED 1,494,955, or AED 1,308 per sqft.
  • Rented since September 2019 on 6 Ejari contracts, from AED 105,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 10.7%, 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 14 March 2024.

Questions about 813, Azure Residences

What did unit 813 last sell for?

AED 1,494,955 on 2 October 2019, sold by the developer: AED 1,308 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 813?

AED 160,000 a year on the contract renewed on 14 March 2024. The previous contract, from March 2023, was AED 150,000; the unit has been rented since September 2019.

How big is unit 813?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 8th floor of a 10-storey tower completed in 2015.

What is unit 813 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 813, Azure Residences

Starts from the last sale price (AED 1.49M, 2 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,494,955
Deposit, UAE resident (20%)
AED 298,991
Deposit, non-resident (40%)
AED 597,982
Monthly over 25 years at 3.7%
AED 6,116

Plus AED 67,798 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →