1-bed · 867 sqftAzure, Dubai Marina · 2nd floor · completed 2005

203, Azure

Sold prices and rental history: sold 3 times, last in February 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 1M1 February 2016
Current rentAED 57K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Azure

What is 203 worth today?

Last sold for AED 1,000,000 in 2016

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15 May 2023RentedNew contract
AED 57,346/yr12 months · AED 67 per sqft
15 May 2020RentedNew contract
AED 46,000/yr12 months · AED 53 per sqft
20 Oct 2018RentedNew contract
AED 68,000/yr12 months · AED 78 per sqft
1 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 86 per sqft
1 Feb 2016SoldReady
AED 1,000,000AED 1,152 per sqft
25 Jun 2014RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
21 May 2014SoldReady
AED 1,120,000AED 1,291 per sqft
23 Dec 2008Sold by developerReady
AED 580,000AED 668 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
1-bed apartment
Size
867 sqft
Floor
2nd of 5
Parking
B1-203
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2005
Service charge
AED 17,000 /yr
Last sold
AED 1M · February 2016
Building
Azure

About 203, Azure

203 is a one-bedroom apartment of 867 sqft on the 2nd floor of Azure, a 5-storey tower in Dubai Marina completed in 2005 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 1 February 2016 for AED 1,000,000, or AED 1,152 per sqft, in line with the AED 1,145 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 May 2023, is AED 57,346 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 17,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Azure
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 585,000; 2009 AED 580,000; 2010 AED 550,000; 2011 AED 507,500; 2013 AED 754,289; 2014 AED 1,120,000; 2015 AED 925,000; 2016 AED 837,500; 2020 AED 675,000; 2022 AED 706,000; 2023 AED 1,200,000; 2025 AED 1,262,500; 2026 AED 1,380,000Sold by developer, December 2008: AED 580,000 (AED 668 per sqft)Sold, May 2014: AED 1,120,000 (AED 1,291 per sqft)Sold, February 2016: AED 1,000,000 (AED 1,152 per sqft)

203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in Azure
50K75K100K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 65,000; 2014 AED 86,316; 2015 AED 92,250; 2016 AED 84,500; 2017 AED 81,000; 2018 AED 75,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 55,000; 2022 AED 64,000; 2023 AED 68,000; 2024 AED 77,250; 2025 AED 80,000; 2026 AED 85,000New contract, June 2014: AED 90,000 a yearNew contract, September 2017: AED 75,000 a yearNew contract, October 2018: AED 68,000 a yearNew contract, May 2020: AED 46,000 a yearNew contract, May 2023: AED 57,346 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, and where 203 sits

All 39 1-beds →

203 last sold in February 2016 at AED 1,152 per sqft, in line with what one-beds in Azure were fetching at the time (AED 1,145). Over the last 12 months one-beds sold for AED 1,100,000 to 1,500,000, around AED 1,272 per sqft, and rent for AED 62,000 to 120,000 a year. 203's AED 57,346 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 20261,500,000
18 May 20261,100,000
2 Feb 20261,380,000
31 Oct 20251,130,000
3 1-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 2nd floor

All 78 units in Azure
Value
2011-bedAED 800K · Mar 2013
2021-bedAED 1.33M · May 2025
2042-bedAED 950K · Oct 2008
2052-bedAED 1.75M · Dec 2024
2061-bedAED 925K · Oct 2013
2071-bedAED 1.6M · Feb 2025
2081-bedAED 575K · Sep 2011
1–7 of 14

203, Azure in numbers

  • Sold 3 times: first on 23 December 2008 for AED 580,000, last on 1 February 2016 for AED 1,000,000 (AED 1,152 per sqft).
  • Rented since June 2014 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 46,000 in 2020 and recovered to AED 57,346 by May 2023.
  • At AED 57,346 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 17,000 a year (AED 19.56 per sqft).
  • One-beds in Azure sold for AED 1,100,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,268 per sqft.

Source: Dubai Land Department. Updated 15 May 2023.

Questions about 203, Azure

What did unit 203 last sell for?

AED 1,000,000 on 1 February 2016: AED 1,152 per sqft for 867 sqft. The unit has 3 registered sales; the first was AED 580,000 in December 2008.

What is the rent for unit 203?

AED 57,346 a year on the contract signed on 15 May 2023. The previous contract, from May 2020, was AED 46,000; the unit has been rented since June 2014.

How big is unit 203?

867 sqft (80.5 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2005.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azure sold for AED 1,100,000 to 1,500,000 in the last 12 months, around AED 1,272 per sqft.

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Mortgage on 203, Azure

Starts from the last sale price (AED 1M, 1 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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