117, Azure Residences
Sold prices and rental history: sold once, by the developer in March 2020, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 117, Azure Residences
What is 117 worth today?
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Source: Dubai Land Department. Updated 12 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 2,259 sqft
- Floor
- 1st of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 31,700 /yr
- Last sold
- AED 2.38M · March 2020
- Building
- Azure Residences
About 117, Azure Residences
117 is a two-bedroom apartment of 2,259 sqft on the 1st floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 26 March 2020 for AED 2,384,969, or AED 1,055 per sqft, 11% below the AED 1,190 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 September 2020. The current contract, signed on 12 September 2020, is AED 127,500 a year: a gross yield of 5.3% on the 2020 price, before the service charge of about AED 31,700 a year.
Sales and rents for 117 over time
117 has sold once; 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 117 sits
All 30 2-beds →117 last sold in March 2020 at AED 1,055 per sqft, 11% below what two-beds in Azure Residences were fetching at the time (AED 1,190). 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. 117's AED 127,500 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 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 | |
| 116 | 1-bed | 1,385 sqft | AED 3.4MAED 3,400,000 · Oct 2025October 2025 | 130,000 /yr |
117, Azure Residences in numbers
- Sold once: by The Palm - Jumeirah Co on 26 March 2020 for AED 2,384,969, or AED 1,055 per sqft.
- Rented since September 2020 on one Ejari contract, at AED 127,500 a year.
- At AED 127,500 a year the gross yield on the 2020 price is 5.3%, before a service charge of about AED 31,700 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 12 September 2020.
Questions about 117, Azure Residences
What did unit 117 last sell for?
AED 2,384,969 on 26 March 2020, sold by the developer: AED 1,055 per sqft for 2,259 sqft. It is the only registered sale of the unit.
What is the rent for unit 117?
AED 127,500 a year on the contract signed on 12 September 2020.
How big is unit 117?
2,259 sqft (209.9 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2015.
What is unit 117 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 117, Azure Residences
Starts from the last sale price (AED 2.38M, 26 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,384,969
- Deposit, UAE resident (20%)
- AED 476,994
- Deposit, non-resident (40%)
- AED 953,988
- Monthly over 25 years at 3.7%
- AED 9,758
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →