1-bed · 1,143 sqftAzure Residences, Palm Jumeirah · 9th floor · completed 2015

915, Azure Residences

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 915 · DLD and Ejari recordsUpdated 6 September 2024
Last soldAED 2.66M9 January 2017
Current rentAED 149K /yr6 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 915, Azure Residences

What is 915 worth today?

Last sold for AED 2,663,135 in 2017

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6 Sep 2024RentedRenewal
AED 149,171/yr12 months · AED 131 per sqft
6 Sep 2024RentedRenewal
AED 149,171/yr12 months · AED 131 per sqft
5 Sep 2023RentedNew contract
AED 145,000/yr12 months · AED 127 per sqft
1 Jun 2022RentedRenewal
AED 90,000/yr12 months · AED 79 per sqft
1 Jun 2021RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
25 Dec 2020RentedRenewal
AED 93,000/yr3 months · AED 82 per sqft
25 Dec 2019RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft
9 Jan 2017Sold by developerReady
AED 2,663,135AED 2,330 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 September 2024.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
9th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 2.66M · January 2017

About 915, Azure Residences

915 is a one-bedroom apartment of 1,143 sqft on the 9th 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 January 2017 for AED 2,663,135, or AED 2,330 per sqft, in line with the AED 2,307 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 6 September 2024, is AED 149,171 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 16,100 a year.

Sales and rents for 915 over time

Sales
Unit 915, 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, January 2017: AED 2,663,135 (AED 2,330 per sqft)

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

Rents
Unit 915, 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 130,000Renewal, December 2019: AED 115,000 a yearRenewal, December 2020: AED 93,000 a yearNew contract, June 2021: AED 90,000 a yearRenewal, June 2022: AED 90,000 a yearNew contract, September 2023: AED 145,000 a yearRenewal, September 2024: AED 149,171 a yearRenewal, September 2024: AED 149,171 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 915 sits

All 139 1-beds →

915 last sold in January 2017 at AED 2,330 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 2,307). 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. 915's AED 149,171 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 9th floor

All 170 units in Azure Residences
Value
9012-bedAED 4.6M · Apr 2016
9021-bedAED 2.5M · Nov 2014
9031-bedAED 2.66M · May 2024
9041-bedAED 2.8M · Jul 2024
9051-bedAED 2.5M · Nov 2014
9061-bedAED 2.35M · Jan 2023
9071-bedAED 2.5M · Jun 2015
1–7 of 16

915, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 9 January 2017 for AED 2,663,135, or AED 2,330 per sqft.
  • Rented since December 2019 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 90,000 in 2022 and recovered to AED 149,171 by September 2024.
  • At AED 149,171 a year the gross yield on the 2017 price is 5.6%, 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 6 September 2024.

Questions about 915, Azure Residences

What did unit 915 last sell for?

AED 2,663,135 on 9 January 2017, sold by the developer: AED 2,330 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 915?

AED 149,171 a year on the contract renewed on 6 September 2024. The previous contract, from September 2024, was AED 149,171; the unit has been rented since December 2019.

How big is unit 915?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2015.

What is unit 915 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 915, Azure Residences

Starts from the last sale price (AED 2.66M, 9 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,663,135
Deposit, UAE resident (20%)
AED 532,627
Deposit, non-resident (40%)
AED 1,065,254
Monthly over 25 years at 3.7%
AED 10,896

Plus AED 116,861 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →