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

311, Azure Residences

Sold prices and rental history: sold once, by the developer in February 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.9M8 February 2022
Current rentAED 49K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Azure Residences

What is 311 worth today?

Last sold for AED 1,896,000 in 2022

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1 Dec 2025RentedRenewal
AED 48,500/yr12 months · AED 52 per sqft
18 Nov 2025RentedNew contract
AED 180,000/yr12 months · AED 158 per sqft
1 Dec 2024RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
1 Dec 2023RentedRenewal
AED 42,630/yr12 months · AED 46 per sqft
1 Dec 2022RentedRenewal
AED 40,600/yr12 months · AED 44 per sqft
8 Feb 2022Sold by developerReady
AED 1,896,000AED 1,659 per sqft
31 Oct 2021RentedRenewal
AED 36,829/yr13 months · AED 40 per sqft
1 Oct 2020RentedRenewal
AED 45,000/yr13 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

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 1.9M · February 2022
Building
Azure Residences

About 311, Azure Residences

311 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. The developer sold it on 8 February 2022 for AED 1,896,000, or AED 1,659 per sqft, in line with the AED 1,627 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 48,500 a year: a gross yield of 2.6% on the 2022 price, before the service charge of about AED 16,100 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, February 2022: AED 1,896,000 (AED 1,659 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Azure Residences
100K200K2016201920222025Typical 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, February 2018: AED 60,000 a yearNew contract, October 2019: AED 45,000 a yearRenewal, October 2020: AED 45,000 a yearRenewal, October 2021: AED 36,829 a yearRenewal, December 2022: AED 40,600 a yearRenewal, December 2023: AED 42,630 a yearRenewal, December 2024: AED 45,000 a yearNew contract, November 2025: AED 180,000 a yearRenewal, December 2025: AED 48,500 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 311 sits

All 140 1-beds →

311 last sold in February 2022 at AED 1,659 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 1,627). 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. 311's AED 48,500 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

311, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 8 February 2022 for AED 1,896,000, or AED 1,659 per sqft.
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 36,829 in 2021 and recovered to AED 48,500 by December 2025.
  • At AED 48,500 a year the gross yield on the 2022 price is 2.6%, 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 1 December 2025.

Questions about 311, Azure Residences

What did unit 311 last sell for?

AED 1,896,000 on 8 February 2022, sold by the developer: AED 1,659 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 48,500 a year on the contract renewed on 1 December 2025. The previous contract, from November 2025, was AED 180,000; the unit has been rented since February 2018.

How big is unit 311?

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 311 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 311, Azure Residences

Starts from the last sale price (AED 1.9M, 8 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,896,000
Deposit, UAE resident (20%)
AED 379,200
Deposit, non-resident (40%)
AED 758,400
Monthly over 25 years at 3.7%
AED 7,757

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