1-bed · 1,179 sqftAzure, Dubai Marina · Ground floor · completed 2005

G003, Azure

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G003 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 585K30 December 2008
Current rentAED 75K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G003, Azure

What is G003 worth today?

Last sold for AED 585,000 in 2008

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1 Mar 2024RentedNew contract
AED 75,000/yr12 months · AED 64 per sqft
1 Mar 2024RentedNew contract
AED 75,000/yr12 months · AED 64 per sqft
15 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
24 Jul 2017RentedNew contract
AED 77,583/yr12 months · AED 66 per sqft
1 Jul 2012RentedNew contract
AED 72,000/yr12 months · AED 61 per sqft
30 Dec 2008Sold by developerReady
AED 585,000AED 496 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
1,179 sqft
Floor
Ground of 5
Parking
B1-G003
Developer
BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING)
Completed
2005
Service charge
AED 23,100 /yr
Last sold
AED 585K · December 2008
Building
Azure

About G003, Azure

G003 is a one-bedroom apartment of 1,179 sqft on the ground floor of Azure, a 5-storey tower in Dubai Marina completed in 2005 by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING). The developer sold it on 30 December 2008 for AED 585,000, or AED 496 per sqft, 26% below the AED 670 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 March 2024, is AED 75,000 a year: a gross yield of 12.8% on the 2008 price, before the service charge of about AED 23,100 a year.

Sales and rents for G003 over time

Sales
Unit G003, 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 585,000 (AED 496 per sqft)

G003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G003, each contractTypical one-bed in Azure
60K80K2012201620202024Typical 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, July 2012: AED 72,000 a yearNew contract, July 2017: AED 77,583 a yearNew contract, October 2020: AED 50,000 a yearNew contract, March 2024: AED 75,000 a yearNew contract, March 2024: AED 75,000 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 G003 sits

All 39 1-beds →

G003 last sold in December 2008 at AED 496 per sqft, 26% below what one-beds in Azure were fetching at the time (AED 670). 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. G003's AED 75,000 is in the lower half 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 ground floor

All 78 units in Azure
Value
G0011-bedAED 1M · Aug 2023
G0021-bedAED 1.2M · Nov 2024
G0041-bedAED 525K · Jun 2009
G0051-bedAED 825K · Jun 2023
G0061-bedAED 1.4M · Aug 2025
G0071-bedAED 720K · Mar 2020
G0081-bedAED 1.5M · Oct 2026
1–7 of 14

G003, Azure in numbers

  • Sold once: by BONYAN INTERNATIONAL INVESTMENT GROUP (HOLDING) on 30 December 2008 for AED 585,000, or AED 496 per sqft.
  • Rented since July 2012 on 5 Ejari contracts. The rent fell from AED 72,000 to AED 50,000 in 2020 and recovered to AED 75,000 by March 2024.
  • At AED 75,000 a year the gross yield on the 2008 price is 12.8%, before a service charge of about AED 23,100 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 1 March 2024.

Questions about G003, Azure

What did unit G003 last sell for?

AED 585,000 on 30 December 2008, sold by the developer: AED 496 per sqft for 1,179 sqft. It is the only registered sale of the unit.

What is the rent for unit G003?

AED 75,000 a year on the contract signed on 1 March 2024. The previous contract, from March 2024, was AED 75,000; the unit has been rented since July 2012.

How big is unit G003?

1,179 sqft (109.5 sqm): a one-bedroom apartment on the ground floor of a 5-storey tower completed in 2005.

What is unit G003 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 G003, Azure

Starts from the last sale price (AED 585K, 30 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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