1-bed · 1,143 sqftAzure Residences, Palm Jumeirah · 3rd floor · completed 2015

306, Azure Residences

Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 3 May 2026
Last soldAED 2.05M21 May 2018
Current rentAED 56K /yr3 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Azure Residences

What is 306 worth today?

Last sold for AED 2,050,000 in 2018

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3 May 2026RentedRenewal
AED 56,000/yr12 months · AED 67 per sqft
3 May 2025RentedRenewal
AED 54,000/yr12 months · AED 64 per sqft
3 May 2025RentedRenewal
AED 54,000/yr12 months · AED 64 per sqft
3 May 2024RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
20 Apr 2023RentedRenewal
AED 42,000/yr12 months · AED 50 per sqft
20 Apr 2022RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
25 Mar 2021RentedNew contract
AED 32,000/yr12 months · AED 38 per sqft
20 Jun 2019RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 3 May 2026.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
3rd of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 2.05M · May 2018

About 306, Azure Residences

306 is a one-bedroom apartment of 1,143 sqft on the 3rd floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 21 May 2018 for AED 2,050,000, or AED 1,793 per sqft, 21% below the AED 2,260 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 3 May 2026, is AED 56,000 a year: a gross yield of 2.7% on the 2018 price, before the service charge of about AED 16,100 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, January 2017: AED 2,580,900 (AED 2,258 per sqft)Sold, May 2018: AED 2,050,000 (AED 1,793 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Azure Residences
50K100K150K2016201920222025Typical 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, June 2019: AED 40,000 a yearNew contract, March 2021: AED 32,000 a yearNew contract, April 2022: AED 38,000 a yearRenewal, April 2023: AED 42,000 a yearNew contract, May 2024: AED 52,000 a yearRenewal, May 2025: AED 54,000 a yearRenewal, May 2025: AED 54,000 a yearRenewal, May 2026: AED 56,000 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 306 sits

All 140 1-beds →

306 last sold in May 2018 at AED 1,793 per sqft, 21% below what one-beds in Azure Residences were fetching at the time (AED 2,260). 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. 306's AED 56,000 is in the lower 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 3rd floor

All 170 units in Azure Residences
Value
3012-bedAED 4.76M · May 2016
3021-bedAED 2.35M · Jul 2015
3031-bedAED 2.35M · Aug 2018
3041-bedAED 1.61M · Apr 2020
3051-bedAED 2.66M · Sep 2023
3071-bedAED 2.23M · Oct 2013
3082-bedAED 5.9M · Oct 2025
1–7 of 16

306, Azure Residences in numbers

  • Sold twice: first on 31 January 2017 for AED 2,580,900, last on 21 May 2018 for AED 2,050,000 (AED 1,793 per sqft).
  • Rented since June 2019 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2021 and recovered to AED 56,000 by May 2026.
  • At AED 56,000 a year the gross yield on the 2018 price is 2.7%, before a service charge of about AED 16,100 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 3 May 2026.

Questions about 306, Azure Residences

What did unit 306 last sell for?

AED 2,050,000 on 21 May 2018: AED 1,793 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 2,580,900 in January 2017.

What is the rent for unit 306?

AED 56,000 a year on the contract renewed on 3 May 2026. The previous contract, from May 2025, was AED 54,000; the unit has been rented since June 2019.

How big is unit 306?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2015.

What is unit 306 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 306, Azure Residences

Starts from the last sale price (AED 2.05M, 21 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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