2-bed · 1,721 sqftAzure, Dubai Marina · 3rd floor · completed 2005

304, Azure

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 2.2M18 November 2024
Current rentAED 105K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Azure

What is 304 worth today?

Last sold for AED 2,203,010 in 2024

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18 Nov 2024SoldReady
AED 2,203,010AED 1,280 per sqft
1 Oct 2024RentedRenewal
AED 105,000/yr12 months · AED 61 per sqft
1 Oct 2024RentedRenewal
AED 105,000/yr12 months · AED 61 per sqft
1 Oct 2022RentedRenewal
AED 85,000/yr24 months · AED 49 per sqft
1 Oct 2022RentedRenewal
AED 85,000/yr24 months · AED 49 per sqft
1 Oct 2021RentedRenewal
AED 75,000/yr12 months · AED 44 per sqft
1 Oct 2020RentedRenewal
AED 85,000/yr12 months · AED 49 per sqft
1 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
2-bed apartment
Size
1,721 sqft
Floor
3rd of 5
Parking
B1-304
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2005
Service charge
AED 33,700 /yr
Last sold
AED 2.2M · November 2024
Building
Azure

About 304, Azure

304 is a two-bedroom apartment of 1,721 sqft on the 3rd floor of Azure, a 5-storey tower in Dubai Marina completed in 2005 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 18 November 2024 for AED 2,203,010, or AED 1,280 per sqft, 30% above the AED 988 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 105,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 33,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Azure
1M2M2008201320182023Typical 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 2013: AED 775,000 (AED 450 per sqft)Sold, November 2024: AED 2,203,010 (AED 1,280 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Azure
75K100K125K2013201720212025Typical 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, January 2013: AED 90,000 a yearNew contract, January 2014: AED 99,000 a yearNew contract, January 2015: AED 113,850 a yearRenewal, January 2016: AED 125,000 a yearNew contract, February 2017: AED 105,000 a yearNew contract, October 2019: AED 80,000 a yearRenewal, October 2020: AED 85,000 a yearRenewal, October 2021: AED 75,000 a yearRenewal, October 2022: AED 85,000 a yearRenewal, October 2022: AED 85,000 a yearRenewal, October 2024: AED 105,000 a yearRenewal, October 2024: AED 105,000 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 304 sits

All 22 2-beds →

304 last sold in November 2024 at AED 1,280 per sqft, 30% above what two-beds in Azure were fetching at the time (AED 988). 304's AED 105,000 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
2 Jul 20241,700,000
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 3rd floor

All 78 units in Azure
Value
3011-bedAED 675K · Nov 2009
3021-bedAED 1.19M · Jan 2025
3031-bedAED 1.4M · Aug 2023
3052-bedAED 750K · Jun 2009
3061-bedAED 500K · Oct 2016
3071-bedAED 1.38M · Feb 2026
3081-bedAED 950K · Oct 2017
1–7 of 10

304, Azure in numbers

  • Sold twice: first on 18 July 2013 for AED 775,000, last on 18 November 2024 for AED 2,203,010 (AED 1,280 per sqft).
  • Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 105,000 by October 2024.
  • At AED 105,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 33,700 a year (AED 19.56 per sqft).

Source: Dubai Land Department. Updated 18 November 2024.

Questions about 304, Azure

What did unit 304 last sell for?

AED 2,203,010 on 18 November 2024: AED 1,280 per sqft for 1,721 sqft. The unit has 2 registered sales; the first was AED 775,000 in July 2013.

What is the rent for unit 304?

AED 105,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 105,000; the unit has been rented since January 2013.

How big is unit 304?

1,721 sqft (159.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2005.

What is unit 304 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 304, Azure

Starts from the last sale price (AED 2.2M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,203,010
Deposit, UAE resident (20%)
AED 440,602
Deposit, non-resident (40%)
AED 881,204
Monthly over 25 years at 3.7%
AED 9,013

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