1001, Azure Residences
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Azure Residences
What is 1001 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,017 sqft
- Floor
- 10th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 28,300 /yr
- Last sold
- AED 5M · October 2024
- Building
- Azure Residences
About 1001, Azure Residences
1001 is a two-bedroom apartment of 2,017 sqft on the 10th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 15 October 2024 for AED 4,999,990, or AED 2,478 per sqft.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 June 2023, is AED 145,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 28,300 a year.
Sales and rents for 1001 over time
1001 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Azure Residences, and where 1001 sits
All 30 2-beds →Over the last 12 months two-beds sold for AED 5,850,000, around AED 2,899 per sqft, and rent for AED 48,510 to 400,000 a year. 1001's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202613 January 2026 | 2,018 sqft | 5,850,000 | 2,899 | ||
| 23 Oct 202523 October 2025 | 2,017 sqft | 5,900,000 | 2,925 | ||
| 30 Jun 202530 June 2025 | 2,262 sqft | 5,850,000 | 2,586 | ||
| 30 Apr 202530 April 2025 | 2,018 sqft | 4,950,000 | 2,453 |
Azure Residences
Building170 apartments, 1-bed to 2-bed over 10 floors in Palm Jumeirah, completed in 2015 by The Palm - Jumeirah Co. 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,899
- Typical sale
- AED 3.35M
- Typical rent
- AED 90K /yr
- Typical yield
- 2.4%
Other units on the 10th floor
All 170 units in Azure Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 1,142 sqft | AED 2.5MAED 2,500,000 · May 2023May 2023 | 125,000 /yr | |
| 1003 | 1-bed | 593 sqft | AED 2.77MAED 2,773,000 · Jun 2015June 2015 | 150,000 /yr | |
| 1004 | 1-bed | 1,143 sqft | AED 2.52MAED 2,520,900 · Mar 2017March 2017 | 130,000 /yr | |
| 1005 | 1-bed | 1,143 sqft | AED 2.65MAED 2,650,000 · Jul 2023July 2023 | 140,000 /yr | |
| 1006 | 1-bed | 1,143 sqft | AED 2.2MAED 2,200,000 · Jan 2023January 2023 | 190,000 /yr | |
| 1007 | 1-bed | 1,142 sqft | AED 2.81MAED 2,810,000 · May 2024May 2024 | 120,000 /yr | |
| 1008 | 2-bed | 2,018 sqft | AED 4.65MAED 4,647,600 · Oct 2013October 2013 | 400,000 /yr | |
| 1009 | 1-bed | 1,151 sqft | AED 1.46MAED 1,464,144 · Apr 2020April 2020 | 130,350 /yr | |
| 1010 | 1-bed | 1,143 sqft | AED 1.46MAED 1,464,144 · Oct 2019October 2019 | 65,000 /yr | |
| 1011 | 1-bed | 1,143 sqft | AED 1.53MAED 1,525,150 · Nov 2019November 2019 | ||
| 1012 | 1-bed | 1,143 sqft | AED 2.83MAED 2,825,000 · Jul 2026July 2026 | 150,000 /yr | |
| 1013 | 1-bed | 1,143 sqft | AED 2.9MAED 2,900,000 · Nov 2024November 2024 | 175,000 /yr | |
| 1014 | 1-bed | 1,143 sqft | AED 2.23MAED 2,225,000 · Mar 2023March 2023 | 95,000 /yr | |
| 1015 | 1-bed | 1,143 sqft | AED 2.77MAED 2,773,000 · Apr 2015April 2015 | 135,000 /yr | |
| 1016 | 1-bed | 1,142 sqft | AED 2.63MAED 2,625,000 · May 2023May 2023 | 165,000 /yr | |
| 1017 | 2-bed | 1,054 sqft | AED 5.11MAED 5,112,400 · Sep 2015September 2015 | 230,000 /yr |
1001, Azure Residences in numbers
- Sold twice: first on 3 August 2015 for AED 5,112,400, last on 15 October 2024 for AED 4,999,990 (AED 2,478 per sqft).
- Rented since April 2017 on 7 Ejari contracts, from AED 180,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 28,300 a year (AED 14.05 per sqft).
- Two-beds in Azure Residences sold for AED 5,850,000–5,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,899 per sqft.
Source: Dubai Land Department. Updated 15 October 2024.
Questions about 1001, Azure Residences
What did unit 1001 last sell for?
AED 4,999,990 on 15 October 2024: AED 2,478 per sqft for 2,017 sqft. The unit has 2 registered sales; the first was AED 5,112,400 in August 2015.
What is the rent for unit 1001?
AED 145,000 a year on the contract renewed on 5 June 2023. The previous contract, from June 2022, was AED 145,000; the unit has been rented since April 2017.
How big is unit 1001?
2,017 sqft (187.4 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2015.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Azure Residences sold for AED 5,850,000 to 5,850,000 in the last 12 months, around AED 2,899 per sqft.
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Mortgage on 1001, Azure Residences
Starts from the last sale price (AED 5M, 15 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,999,990
- Deposit, UAE resident (20%)
- AED 999,998
- Deposit, non-resident (40%)
- AED 1,999,996
- Monthly over 25 years at 3.7%
- AED 20,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →