2-bed · 1,749 sqftAzure, Dubai Marina · 5th floor · completed 2005

504, Azure

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 14 June 2024
Last soldAED 1.7M14 June 2024
Current rentAED 110K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Azure

What is 504 worth today?

Last sold for AED 1,700,000 in 2024

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14 Jun 2024SoldReady
AED 1,700,000AED 971 per sqft
10 Jun 2024RentedRenewal
AED 109,930/yr12 months · AED 63 per sqft
10 Jun 2024RentedRenewal
AED 109,930/yr12 months · AED 63 per sqft
10 Jun 2023RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
10 Jun 2023RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
10 Jun 2020RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft
10 Mar 2019RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
18 May 2011Sold by developerReady
AED 375,000AED 214 per sqft

Source: Dubai Land Department. Updated 14 June 2024.

Key facts

Type
2-bed apartment
Size
1,749 sqft
Floor
5th of 5
Parking
B1-504
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2005
Service charge
AED 34,200 /yr
Last sold
AED 1.7M · June 2024
Building
Azure

About 504, Azure

504 is a two-bedroom apartment of 1,749 sqft on the 5th floor of Azure, a 5-storey tower in Dubai Marina completed in 2005 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). It last sold on 14 June 2024 for AED 1,700,000, or AED 971 per sqft, 16% above the AED 837 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 109,930 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 34,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Azure
1M2008201320182023Typical 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, May 2011: AED 375,000 (AED 214 per sqft)Sold, June 2024: AED 1,700,000 (AED 971 per sqft)

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

Rents
Unit 504, 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 123,500Renewal, March 2019: AED 90,000 a yearNew contract, June 2020: AED 80,000 a yearRenewal, June 2023: AED 90,000 a yearRenewal, June 2023: AED 90,000 a yearRenewal, June 2024: AED 109,930 a yearRenewal, June 2024: AED 109,930 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 504 sits

All 22 2-beds →

504 last sold in June 2024 at AED 971 per sqft, 16% above what two-beds in Azure were fetching at the time (AED 837). 504's AED 109,930 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 5th floor

All 78 units in Azure
Value
5011-bedAED 925K · Dec 2015
5021-bedAED 660K · Nov 2019
5031-bedAED 600K · Apr 2015
5052-bedAED 1.42M · Jun 2022
5061-bedAED 650K · May 2011
5071-bedAED 1.4M · Sep 2023
5081-bedAED 1.13M · Oct 2025
1–7 of 10

504, Azure in numbers

  • Sold twice: first on 18 May 2011 for AED 375,000, last on 14 June 2024 for AED 1,700,000 (AED 971 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2020 and recovered to AED 109,930 by June 2024.
  • At AED 109,930 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 34,200 a year (AED 19.56 per sqft).

Source: Dubai Land Department. Updated 14 June 2024.

Questions about 504, Azure

What did unit 504 last sell for?

AED 1,700,000 on 14 June 2024: AED 971 per sqft for 1,749 sqft. The unit has 2 registered sales; the first was AED 375,000 in May 2011.

What is the rent for unit 504?

AED 109,930 a year on the contract renewed on 10 June 2024. The previous contract, from June 2024, was AED 109,930; the unit has been rented since March 2019.

How big is unit 504?

1,749 sqft (162.5 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2005.

What is unit 504 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 504, Azure

Starts from the last sale price (AED 1.7M, 14 June 2024). 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 →