2-bed · 2,017 sqftAzure Residences, Palm Jumeirah · 3rd floor · completed 2015

308, Azure Residences

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 5.9M23 October 2025
Current rentAED 50K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Azure Residences

What is 308 worth today?

Last sold for AED 5,900,000 in 2025

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20 Apr 2026RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
23 Oct 2025SoldReady
AED 5,900,000AED 2,925 per sqft
1 May 2025RentedNew contract
AED 220,000/yr12 months · AED 109 per sqft
1 May 2025RentedNew contract
AED 220,000/yr12 months · AED 109 per sqft
30 Apr 2025RentedNew contract
AED 242,500/yr12 months · AED 120 per sqft
20 Apr 2025RentedRenewal
AED 45,150/yr12 months · AED 48 per sqft
20 Apr 2025RentedRenewal
AED 45,150/yr12 months · AED 48 per sqft
1 May 2024RentedRenewal
AED 220,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
2-bed apartment
Size
2,017 sqft
Floor
3rd of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 28,300 /yr
Last sold
AED 5.9M · October 2025

About 308, Azure Residences

308 is a two-bedroom apartment of 2,017 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 23 October 2025 for AED 5,900,000, or AED 2,925 per sqft, 19% above the AED 2,463 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 22 Ejari contracts. The current contract, renewed on 20 April 2026, is AED 50,000 a year: a gross yield of 0.9% on the 2025 price, before the service charge of about AED 28,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Azure Residences
2M4M6M2013201720212025Typical sale price by year: 2013 AED 4,555,600; 2015 AED 4,532,600; 2016 AED 4,555,600; 2017 AED 4,543,000; 2020 AED 2,399,027; 2025 AED 4,950,000Sold by developer, November 2014: AED 4,325,500 (AED 2,144 per sqft)Sold, October 2025: AED 5,900,000 (AED 2,925 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Azure Residences
0100K200K2017202020232026Typical rent by year: 2017 AED 181,250; 2018 AED 65,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 80,500; 2022 AED 123,840; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 57,500New contract, January 2017: AED 215,000 a yearNew contract, January 2018: AED 60,000 a yearRenewal, January 2018: AED 258,000 a yearRenewal, June 2018: AED 200,000 a yearRenewal, January 2019: AED 60,000 a yearNew contract, April 2019: AED 170,000 a yearRenewal, July 2019: AED 47,000 a yearNew contract, October 2020: AED 40,000 a yearNew contract, March 2021: AED 160,000 a yearNew contract, April 2021: AED 32,000 a yearRenewal, April 2022: AED 35,000 a yearNew contract, May 2022: AED 220,000 a yearRenewal, April 2023: AED 38,500 a yearRenewal, May 2023: AED 220,000 a yearRenewal, April 2024: AED 43,000 a yearRenewal, May 2024: AED 220,000 a yearNew contract, April 2025: AED 242,500 a yearRenewal, April 2025: AED 45,150 a yearRenewal, April 2025: AED 45,150 a yearNew contract, May 2025: AED 220,000 a yearNew contract, May 2025: AED 220,000 a yearRenewal, April 2026: AED 50,000 a year

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 308 sits

All 30 2-beds →

308 last sold in October 2025 at AED 2,925 per sqft, 19% above what two-beds in Azure Residences were fetching at the time (AED 2,463). 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. 308's AED 50,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jan 20265,850,000
30 Jun 20255,850,000
30 Apr 20254,950,000
30 Apr 20254,750,000
1 2-bed sale 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
3061-bedAED 2.05M · May 2018
3071-bedAED 2.23M · Oct 2013
1–7 of 16

308, Azure Residences in numbers

  • Sold twice: first on 9 November 2014 for AED 4,325,500, last on 23 October 2025 for AED 5,900,000 (AED 2,925 per sqft).
  • Rented since January 2017 on 22 Ejari contracts. The rent fell from AED 215,000 to AED 32,000 in 2021 and recovered to AED 50,000 by April 2026.
  • At AED 50,000 a year the gross yield on the 2025 price is 0.9%, before a service charge of about AED 28,300 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 20 April 2026.

Questions about 308, Azure Residences

What did unit 308 last sell for?

AED 5,900,000 on 23 October 2025: AED 2,925 per sqft for 2,017 sqft. The unit has 2 registered sales; the first was AED 4,325,500 in November 2014.

What is the rent for unit 308?

AED 50,000 a year on the contract renewed on 20 April 2026. The previous contract, from May 2025, was AED 220,000; the unit has been rented since January 2017.

How big is unit 308?

2,017 sqft (187.4 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2015.

What is unit 308 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 308, Azure Residences

Starts from the last sale price (AED 5.9M, 23 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,900,000
Deposit, UAE resident (20%)
AED 1,180,000
Deposit, non-resident (40%)
AED 2,360,000
Monthly over 25 years at 3.7%
AED 24,139

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