1-bed · 1,142 sqftAzure Residences, Palm Jumeirah · 2nd floor · completed 2015

216, Azure Residences

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 10 December 2025
Last soldAED 1.69M11 January 2021
Current rentAED 160K /yr10 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Azure Residences

What is 216 worth today?

Last sold for AED 1,690,000 in 2021

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10 Dec 2025RentedRenewal
AED 160,000/yr12 months · AED 140 per sqft
10 Dec 2024RentedNew contract
AED 160,000/yr12 months · AED 140 per sqft
21 Mar 2024RentedRenewal
AED 140,000/yr12 months · AED 123 per sqft
21 Mar 2023RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
20 Mar 2022RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
3 Mar 2021RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
11 Jan 2021SoldReady
AED 1,690,000AED 1,480 per sqft
19 Sep 2019RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type
1-bed apartment
Size
1,142 sqft
Floor
2nd of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,000 /yr
Last sold
AED 1.69M · January 2021

About 216, Azure Residences

216 is a one-bedroom apartment of 1,142 sqft on the 2nd floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 11 January 2021 for AED 1,690,000, or AED 1,480 per sqft, 13% above the AED 1,312 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 10 December 2025, is AED 160,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 16,000 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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, September 2017: AED 2,553,400 (AED 2,236 per sqft)Sold, January 2021: AED 1,690,000 (AED 1,480 per sqft)

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

Rents
Unit 216, each contractTypical one-bed in Azure Residences
100K150K2016201920222025Typical 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, September 2017: AED 130,000 a yearRenewal, September 2018: AED 130,000 a yearNew contract, September 2019: AED 110,000 a yearNew contract, March 2021: AED 100,000 a yearNew contract, March 2022: AED 115,000 a yearNew contract, March 2023: AED 140,000 a yearRenewal, March 2024: AED 140,000 a yearNew contract, December 2024: AED 160,000 a yearRenewal, December 2025: AED 160,000 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 216 sits

All 140 1-beds →

216 last sold in January 2021 at AED 1,480 per sqft, 13% above what one-beds in Azure Residences were fetching at the time (AED 1,312). 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. 216's AED 160,000 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 2nd floor

All 170 units in Azure Residences
Value
2012-bedAED 3M · Sep 2022
2021-bedAED 3M · Jul 2026
2031-bedAED 2.55M · Nov 2017
2041-bedAED 2.32M · May 2015
2051-bedAED 2.55M · Feb 2018
2061-bedAED 2.32M · Oct 2013
2071-bedAED 2.32M · Oct 2013
1–7 of 16

216, Azure Residences in numbers

  • Sold twice: first on 18 September 2017 for AED 2,553,400, last on 11 January 2021 for AED 1,690,000 (AED 1,480 per sqft).
  • Rented since September 2017 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2021 and recovered to AED 160,000 by December 2025.
  • At AED 160,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 16,000 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 10 December 2025.

Questions about 216, Azure Residences

What did unit 216 last sell for?

AED 1,690,000 on 11 January 2021: AED 1,480 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 2,553,400 in September 2017.

What is the rent for unit 216?

AED 160,000 a year on the contract renewed on 10 December 2025. The previous contract, from December 2024, was AED 160,000; the unit has been rented since September 2017.

How big is unit 216?

1,142 sqft (106.1 sqm): a one-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2015.

What is unit 216 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 216, Azure Residences

Starts from the last sale price (AED 1.69M, 11 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,690,000
Deposit, UAE resident (20%)
AED 338,000
Deposit, non-resident (40%)
AED 676,000
Monthly over 25 years at 3.7%
AED 6,914

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