2-bed · 1,758 sqftAzure, Dubai Marina · 1st floor · completed 2005

112, Azure

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 889K1 July 2010
Current rentAED 110K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Azure

What is 112 worth today?

Last sold for AED 889,443 in 2010

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10 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
10 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
18 Dec 2023RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft
9 Mar 2023RentedRenewal
AED 78,400/yr12 months · AED 45 per sqft
9 Mar 2022RentedRenewal
AED 68,200/yr12 months · AED 39 per sqft
9 Mar 2021RentedNew contract
AED 62,000/yr12 months · AED 35 per sqft
18 Jul 2020RentedRenewal
AED 85,500/yr12 months · AED 49 per sqft
18 Jul 2019RentedRenewal
AED 95,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
2-bed apartment
Size
1,758 sqft
Floor
1st of 5
Parking
B1-112
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2005
Service charge
AED 34,400 /yr
Last sold
AED 889K · July 2010
Building
Azure

About 112, Azure

112 is a two-bedroom apartment of 1,758 sqft on the 1st floor of Azure, a 5-storey tower in Dubai Marina completed in 2005 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). The developer sold it on 1 July 2010 for AED 889,443, or AED 505 per sqft, 4% above the AED 485 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 10 April 2024, is AED 110,000 a year: a gross yield of 12.4% on the 2010 price, before the service charge of about AED 34,400 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in Azure
1M1.5M2008201320182023Typical sale price by year: 2008 AED 950,000; 2009 AED 845,000; 2010 AED 944,722; 2011 AED 833,250; 2012 AED 1,010,000; 2013 AED 855,000; 2017 AED 1,642,500; 2022 AED 1,375,000; 2023 AED 1,450,000; 2024 AED 1,725,000Sold by developer, July 2010: AED 889,443 (AED 505 per sqft)

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

Rents
Unit 112, each contractTypical two-bed in Azure
50K100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 130,000; 2015 AED 127,500; 2016 AED 130,000; 2017 AED 119,644; 2018 AED 102,500; 2019 AED 87,500; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 81,000; 2023 AED 110,000; 2024 AED 110,000; 2025 AED 122,000; 2026 AED 123,500New contract, July 2013: AED 120,000 a yearNew contract, July 2014: AED 140,000 a yearRenewal, July 2015: AED 147,000 a yearRenewal, July 2016: AED 147,000 a yearNew contract, July 2017: AED 110,000 a yearNew contract, July 2018: AED 95,000 a yearRenewal, July 2019: AED 95,000 a yearRenewal, July 2020: AED 85,500 a yearNew contract, March 2021: AED 62,000 a yearRenewal, March 2022: AED 68,200 a yearRenewal, March 2023: AED 78,400 a yearNew contract, December 2023: AED 130,000 a yearNew contract, April 2024: AED 110,000 a yearNew contract, April 2024: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Azure, and where 112 sits

All 22 2-beds →

112 last sold in July 2010 at AED 505 per sqft, 4% above what two-beds in Azure were fetching at the time (AED 485). 112's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 May 20252,500,000
23 May 20252,750,000
12 Dec 20241,750,000
18 Nov 20242,203,010
0 2-bed sales in the last 12 months

Azure

Building

78 apartments, 1-bed to 4-bed over 5 floors in Dubai Marina, completed in 2005 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). 7 sold in the last 12 months.

Typical price per sqft
AED 1,268
Typical sale
AED 3M
Typical rent
AED 95K /yr
Typical yield
7.8%
Azure, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 78 units in Azure
Value
1011-bedAED 430K · Oct 2013
1021-bedAED 1.2M · Feb 2025
1031-bedAED 640K · Mar 2021
1042-bedAED 1.1M · Mar 2021
1052-bedAED 1.43M · Jun 2023
1061-bedAED 395K · Aug 2010
1071-bedAED 1.05M · Nov 2014
1–7 of 10

112, Azure in numbers

  • Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 1 July 2010 for AED 889,443, or AED 505 per sqft.
  • Rented since July 2013 on 14 Ejari contracts. The rent fell from AED 120,000 to AED 62,000 in 2021 and recovered to AED 110,000 by April 2024.
  • At AED 110,000 a year the gross yield on the 2010 price is 12.4%, before a service charge of about AED 34,400 a year (AED 19.56 per sqft).

Source: Dubai Land Department. Updated 10 April 2024.

Questions about 112, Azure

What did unit 112 last sell for?

AED 889,443 on 1 July 2010, sold by the developer: AED 505 per sqft for 1,758 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 110,000 a year on the contract signed on 10 April 2024. The previous contract, from April 2024, was AED 110,000; the unit has been rented since July 2013.

How big is unit 112?

1,758 sqft (163.3 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2005.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 112, Azure

Starts from the last sale price (AED 889K, 1 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 889,443
Deposit, UAE resident (20%)
AED 177,889
Deposit, non-resident (40%)
AED 355,777
Monthly over 25 years at 3.7%
AED 3,639

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →