1-bed · 593 sqftAzure Residences, Palm Jumeirah · 10th floor · completed 2015

1003, Azure Residences

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 2.77M8 June 2015
Current rentAED 150K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Azure Residences

What is 1003 worth today?

Last sold for AED 2,773,000 in 2015

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25 Jul 2026RentedRenewal
AED 150,000/yr12 months · AED 131 per sqft
25 Jul 2025RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
25 Jul 2025RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
10 Apr 2024RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
1 Aug 2023RentedNew contract
AED 190,000/yr12 months · AED 166 per sqft
1 Mar 2022RentedRenewal
AED 120,000/yr12 months · AED 105 per sqft
1 Mar 2021RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
21 Feb 2020RentedRenewal
AED 110,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
1-bed apartment
Size
593 sqft
Floor
10th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 8,300 /yr
Last sold
AED 2.77M · June 2015

About 1003, Azure Residences

1003 is a one-bedroom apartment of 593 sqft on the 10th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 8 June 2015 for AED 2,773,000, or AED 4,679 per sqft, 48% above the AED 3,172 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 25 July 2026, is AED 150,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Azure Residences
2M3M2013201720212025Typical sale price by year: 2013 AED 2,599,500; 2014 AED 2,663,300; 2015 AED 2,471,000; 2016 AED 2,500,000; 2017 AED 2,553,400; 2018 AED 2,556,768; 2019 AED 1,494,955; 2020 AED 1,482,072; 2021 AED 1,830,000; 2022 AED 2,125,000; 2023 AED 2,350,000; 2024 AED 2,622,500; 2025 AED 2,888,000; 2026 AED 3,350,000Sold by developer, June 2015: AED 2,773,000 (AED 4,679 per sqft)

1003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Azure Residences
100K150K200K2016201920222025Typical rent by year: 2016 AED 140,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 95,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 95,000; 2023 AED 86,100; 2024 AED 113,595; 2025 AED 104,400; 2026 AED 109,620New contract, December 2016: AED 140,000 a yearNew contract, December 2017: AED 128,000 a yearNew contract, February 2019: AED 110,000 a yearRenewal, February 2020: AED 110,000 a yearNew contract, March 2021: AED 105,000 a yearRenewal, March 2022: AED 120,000 a yearNew contract, August 2023: AED 190,000 a yearNew contract, April 2024: AED 140,000 a yearNew contract, July 2025: AED 150,000 a yearNew contract, July 2025: AED 150,000 a yearRenewal, July 2026: AED 150,000 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 Residences, and where 1003 sits

All 140 1-beds →

1003 last sold in June 2015 at AED 4,679 per sqft, 48% above what one-beds in Azure Residences were fetching at the time (AED 3,172). Over the last 12 months one-beds sold for AED 2,825,000 to 3,520,000, around AED 2,909 per sqft, and rent for AED 48,300 to 200,000 a year. 1003's AED 150,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jul 20262,825,000
14 Jul 20263,000,000
19 May 20263,350,000
12 Mar 20263,350,000
6 1-bed sales in the last 12 months

Azure Residences

Building

170 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%
Azure Residences, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 170 units in Azure Residences
Value
10012-bedAED 5M · Oct 2024
10021-bedAED 2.5M · May 2023
10041-bedAED 2.52M · Mar 2017
10051-bedAED 2.65M · Jul 2023
10061-bedAED 2.2M · Jan 2023
10071-bedAED 2.81M · May 2024
10082-bedAED 4.65M · Oct 2013
1–7 of 16

1003, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 8 June 2015 for AED 2,773,000, or AED 4,679 per sqft.
  • Rented since December 2016 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2021 and recovered to AED 150,000 by July 2026.
  • At AED 150,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 8,300 a year (AED 14.05 per sqft).
  • One-beds in Azure Residences sold for AED 2,825,000–3,520,000 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 25 July 2026.

Questions about 1003, Azure Residences

What did unit 1003 last sell for?

AED 2,773,000 on 8 June 2015, sold by the developer: AED 4,679 per sqft for 593 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 150,000 a year on the contract renewed on 25 July 2026. The previous contract, from July 2025, was AED 150,000; the unit has been rented since December 2016.

How big is unit 1003?

593 sqft (55.1 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2015.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Azure Residences sold for AED 2,825,000 to 3,520,000 in the last 12 months, around AED 2,909 per sqft.

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Mortgage on 1003, Azure Residences

Starts from the last sale price (AED 2.77M, 8 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,773,000
Deposit, UAE resident (20%)
AED 554,600
Deposit, non-resident (40%)
AED 1,109,200
Monthly over 25 years at 3.7%
AED 11,345

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