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4-bed · 2,550 sqftAzure, Dubai Marina · 4th floor · completed 2005

409, Azure

Sold prices and rental history: sold once, by the developer in April 2012, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 27 June 2023
Last soldAED 1.7M8 April 2012
Current rentAED 140K /yr27 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Azure

What is 409 worth today?

Last sold for AED 1,700,000 in 2012

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27 Jun 2023RentedRenewal
AED 140,000/yr12 months · AED 55 per sqft
27 Jun 2022RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
20 Jun 2021RentedNew contract
AED 123,000/yr12 months · AED 48 per sqft
8 Apr 2012Sold by developerReady
AED 1,700,000AED 666 per sqft

Source: Dubai Land Department. Updated 27 June 2023.

Key facts

Type
4-bed apartment
Size
2,550 sqft
Floor
4th of 5
Parking
B1-409-A, B1-409-B
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2005
Service charge
AED 49,900 /yr
Last sold
AED 1.7M · April 2012
Building
Azure

About 409, Azure

409 is a four-bedroom apartment of 2,550 sqft on the 4th floor of Azure, a 5-storey tower in Dubai Marina completed in 2005 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). The developer sold it on 8 April 2012 for AED 1,700,000, or AED 666 per sqft, 34% above the AED 497 four-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 27 June 2023, is AED 140,000 a year: a gross yield of 8.2% on the 2012 price, before the service charge of about AED 49,900 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical four-bed in Azure
2M4M20112015201920232027Typical sale price by year: 2011 AED 825,000; 2024 AED 3,350,000; 2025 AED 3,543,874; 2026 AED 3,000,000Sold by developer, April 2012: AED 1,700,000 (AED 666 per sqft)

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

Rents
Unit 409, each contractTypical four-bed in Azure
150K200K2014201820222026Typical rent by year: 2014 AED 180,000; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 165,625; 2018 AED 150,000; 2019 AED 131,000; 2020 AED 124,341; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 160,000; 2024 AED 225,000; 2025 AED 228,125; 2026 AED 190,000New contract, June 2021: AED 123,000 a yearNew contract, June 2022: AED 140,000 a yearRenewal, June 2023: AED 140,000 a year

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

4-beds in Azure, and where 409 sits

All 12 4-beds →

409 last sold in April 2012 at AED 666 per sqft, 34% above what four-beds in Azure were fetching at the time (AED 497). Over the last 12 months four-beds sold for AED 3,000,000 to 3,200,000, around AED 1,179 per sqft, and rent for AED 150,000 to 275,000 a year. 409's AED 140,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
8 Oct 20263,000,000
7 Oct 20263,000,000
16 Jan 20263,200,000
25 Jun 20253,900,000
3 4-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 4th floor

All 78 units in Azure
Value
4011-bedAED 740K · Dec 2022
4021-bedAED 475K · May 2009
4031-bedAED 650K · Nov 2021
4042-bedAED 1.7M · Jul 2024
4052-bedAED 1.35M · Dec 2022
4061-bedAED 1.1M · May 2026
4071-bedAED 440K · Feb 2011
1–7 of 14

409, Azure in numbers

  • Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 8 April 2012 for AED 1,700,000, or AED 666 per sqft.
  • Rented since June 2021 on 3 Ejari contracts, from AED 123,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2012 price is 8.2%, before a service charge of about AED 49,900 a year (AED 19.56 per sqft).
  • Four-beds in Azure sold for AED 3,000,000–3,200,000 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 27 June 2023.

Questions about 409, Azure

What did unit 409 last sell for?

AED 1,700,000 on 8 April 2012, sold by the developer: AED 666 per sqft for 2,550 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 140,000 a year on the contract renewed on 27 June 2023. The previous contract, from June 2022, was AED 140,000; the unit has been rented since June 2021.

How big is unit 409?

2,550 sqft (236.9 sqm): a four-bedroom apartment on the 4th floor of a 5-storey tower completed in 2005.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Azure sold for AED 3,000,000 to 3,200,000 in the last 12 months, around AED 1,179 per sqft.

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Mortgage on 409, Azure

Starts from the last sale price (AED 1.7M, 8 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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