1-bed · 1,156 sqftAzure Residences, Palm Jumeirah · 3rd floor · completed 2015

309, Azure Residences

Sold prices and rental history: sold once, by the developer in December 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 1.86M22 December 2021
Current rentAED 48K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Azure Residences

What is 309 worth today?

Last sold for AED 1,860,000 in 2021

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20 Feb 2026RentedRenewal
AED 48,390/yr12 months · AED 56 per sqft
20 Feb 2025RentedRenewal
AED 46,085/yr12 months · AED 53 per sqft
20 Feb 2025RentedRenewal
AED 46,085/yr12 months · AED 53 per sqft
27 Feb 2024RentedRenewal
AED 121,000/yr12 months · AED 105 per sqft
20 Feb 2024RentedRenewal
AED 43,890/yr12 months · AED 51 per sqft
27 Feb 2023RentedRenewal
AED 121,000/yr12 months · AED 105 per sqft
20 Feb 2023RentedRenewal
AED 41,800/yr12 months · AED 48 per sqft
27 Feb 2022RentedNew contract
AED 121,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
1,156 sqft
Floor
3rd of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,200 /yr
Last sold
AED 1.86M · December 2021

About 309, Azure Residences

309 is a one-bedroom apartment of 1,156 sqft on the 3rd floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 22 December 2021 for AED 1,860,000, or AED 1,608 per sqft, in line with the AED 1,592 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 13 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 48,390 a year: a gross yield of 2.6% on the 2021 price, before the service charge of about AED 16,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, December 2021: AED 1,860,000 (AED 1,608 per sqft)

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

Rents
Unit 309, 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, January 2018: AED 60,000 a yearNew contract, July 2019: AED 48,000 a yearNew contract, November 2019: AED 45,000 a yearRenewal, November 2020: AED 38,769 a yearNew contract, February 2022: AED 121,000 a yearNew contract, February 2022: AED 38,000 a yearRenewal, February 2023: AED 121,000 a yearRenewal, February 2023: AED 41,800 a yearRenewal, February 2024: AED 121,000 a yearRenewal, February 2024: AED 43,890 a yearRenewal, February 2025: AED 46,085 a yearRenewal, February 2025: AED 46,085 a yearRenewal, February 2026: AED 48,390 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 309 sits

All 140 1-beds →

309 last sold in December 2021 at AED 1,608 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 1,592). 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. 309's AED 48,390 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
3061-bedAED 2.05M · May 2018
3071-bedAED 2.23M · Oct 2013
1–7 of 16

309, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 22 December 2021 for AED 1,860,000, or AED 1,608 per sqft.
  • Rented since January 2018 on 13 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2022 and recovered to AED 48,390 by February 2026.
  • At AED 48,390 a year the gross yield on the 2021 price is 2.6%, before a service charge of about AED 16,200 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 20 February 2026.

Questions about 309, Azure Residences

What did unit 309 last sell for?

AED 1,860,000 on 22 December 2021, sold by the developer: AED 1,608 per sqft for 1,156 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 48,390 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 46,085; the unit has been rented since January 2018.

How big is unit 309?

1,156 sqft (107.4 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2015.

What is unit 309 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 309, Azure Residences

Starts from the last sale price (AED 1.86M, 22 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,860,000
Deposit, UAE resident (20%)
AED 372,000
Deposit, non-resident (40%)
AED 744,000
Monthly over 25 years at 3.7%
AED 7,610

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