116, Azure Residences
Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Azure Residences
What is 116 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,385 sqft
- Floor
- 1st of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 19,500 /yr
- Last sold
- AED 3.4M · October 2025
- Building
- Azure Residences
About 116, Azure Residences
116 is a one-bedroom apartment of 1,385 sqft on the 1st floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 30 October 2025 for AED 3,400,000, or AED 2,454 per sqft, in line with the AED 2,442 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 July 2026, is AED 130,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 19,500 a year.
Sales and rents for 116 over time
116 has sold twice; the dashed line is the one-bed median of each year in the building.
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 116 sits
All 140 1-beds →116 last sold in October 2025 at AED 2,454 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 2,442). 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. 116's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jul 202620 July 2026 | 1,143 sqft | 2,825,000 | 2,472 | ||
| 14 Jul 202614 July 2026 | 1,141 sqft | 3,000,000 | 2,628 | ||
| 19 May 202619 May 2026 | 1,142 sqft | 3,350,000 | 2,933 | ||
| 12 Mar 202612 March 2026 | 1,143 sqft | 3,350,000 | 2,931 |
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 1st floor
All 170 units in Azure Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 2,262 sqft | AED 3.6MAED 3,600,000 · May 2022May 2022 | 48,510 /yr | |
| 102 | 1-bed | 1,387 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 90,000 /yr | |
| 103 | 1-bed | 1,388 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 125,000 /yr | |
| 104 | 1-bed | 1,388 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 180,000 /yr | |
| 105 | 1-bed | 1,388 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 150,000 /yr | |
| 106 | 1-bed | 1,388 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 60,000 /yr | |
| 107 | 1-bed | 1,387 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 79,380 /yr | |
| 108 | 2-bed | 2,262 sqft | AED 5.85MAED 5,850,000 · Jun 2025June 2025 | 49,875 /yr | |
| 109 | 1-bed | 1,404 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 52,500 /yr | |
| 110 | 1-bed | 1,386 sqft | AED 2.5MAED 2,500,000 · Jun 2024June 2024 | 71,610 /yr | |
| 111 | 1-bed | 1,386 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 51,450 /yr | |
| 112 | 1-bed | 1,386 sqft | AED 2.5MAED 2,500,000 · Apr 2022April 2022 | 165,000 /yr | |
| 113 | 1-bed | 1,387 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 170,000 /yr | |
| 114 | 1-bed | 1,387 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 160,000 /yr | |
| 115 | 1-bed | 1,387 sqft | AED 2.6MAED 2,599,500 · Oct 2013October 2013 | 175,000 /yr | |
| 117 | 2-bed | 2,259 sqft | AED 2.38MAED 2,384,969 · Mar 2020March 2020 | 127,500 /yr |
116, Azure Residences in numbers
- Sold twice: first on 3 October 2013 for AED 2,599,500, last on 30 October 2025 for AED 3,400,000 (AED 2,454 per sqft).
- Rented since July 2020 on 5 Ejari contracts, from AED 90,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 19,500 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 15 July 2026.
Questions about 116, Azure Residences
What did unit 116 last sell for?
AED 3,400,000 on 30 October 2025: AED 2,454 per sqft for 1,385 sqft. The unit has 2 registered sales; the first was AED 2,599,500 in October 2013.
What is the rent for unit 116?
AED 130,000 a year on the contract signed on 15 July 2026. The previous contract, from June 2024, was AED 190,000; the unit has been rented since July 2020.
How big is unit 116?
1,385 sqft (128.7 sqm): a one-bedroom apartment on the 1st floor of a 10-storey tower completed in 2015.
What is unit 116 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 116, Azure Residences
Starts from the last sale price (AED 3.4M, 30 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →