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

505, Azure

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 2 June 2022
Last soldAED 1.42M2 June 2022
Current rentAED 75K /yr25 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Azure

What is 505 worth today?

Last sold for AED 1,420,000 in 2022

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2 Jun 2022SoldReady
AED 1,420,000AED 811 per sqft
25 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 43 per sqft
1 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft
7 Dec 2018RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
7 Dec 2017RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
31 Dec 2012Sold by developerReady
AED 775,000AED 443 per sqft

Source: Dubai Land Department. Updated 2 June 2022.

Key facts

Type
2-bed apartment
Size
1,749 sqft
Floor
5th of 5
Parking
B1-505
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2005
Service charge
AED 34,200 /yr
Last sold
AED 1.42M · June 2022
Building
Azure

About 505, Azure

505 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 2 June 2022 for AED 1,420,000, or AED 811 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 25 July 2020, is AED 75,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 34,200 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, December 2012: AED 775,000 (AED 443 per sqft)Sold, June 2022: AED 1,420,000 (AED 811 per sqft)

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

Rents
Unit 505, 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, December 2017: AED 120,000 a yearRenewal, December 2018: AED 120,000 a yearNew contract, January 2020: AED 80,000 a yearNew contract, July 2020: AED 75,000 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 505 sits

All 22 2-beds →

505's AED 75,000 is at the bottom 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
5042-bedAED 1.7M · Jun 2024
5061-bedAED 650K · May 2011
5071-bedAED 1.4M · Sep 2023
5081-bedAED 1.13M · Oct 2025
1–7 of 10

505, Azure in numbers

  • Sold twice: first on 31 December 2012 for AED 775,000, last on 2 June 2022 for AED 1,420,000 (AED 811 per sqft).
  • Rented since December 2017 on 4 Ejari contracts, from AED 120,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 34,200 a year (AED 19.56 per sqft).

Source: Dubai Land Department. Updated 2 June 2022.

Questions about 505, Azure

What did unit 505 last sell for?

AED 1,420,000 on 2 June 2022: AED 811 per sqft for 1,749 sqft. The unit has 2 registered sales; the first was AED 775,000 in December 2012.

What is the rent for unit 505?

AED 75,000 a year on the contract signed on 25 July 2020. The previous contract, from January 2020, was AED 80,000; the unit has been rented since December 2017.

How big is unit 505?

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 505 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 505, Azure

Starts from the last sale price (AED 1.42M, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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