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

312, Azure Residences

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 2.58M9 November 2017
Current rentAED 150K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Azure Residences

What is 312 worth today?

Last sold for AED 2,580,900 in 2017

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25 Sep 2025RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
20 Jun 2024RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
27 Feb 2023RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
27 Feb 2022RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
27 Feb 2021RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
27 Feb 2020RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
29 Jan 2019RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
20 Feb 2018RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 25 September 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 2.58M · November 2017

About 312, Azure Residences

312 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 9 November 2017 for AED 2,580,900, or AED 2,258 per sqft, in line with the AED 2,247 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 25 September 2025, is AED 150,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 16,100 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, November 2017: AED 2,580,900 (AED 2,258 per sqft)

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

Rents
Unit 312, 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, February 2018: AED 105,000 a yearNew contract, January 2019: AED 110,000 a yearNew contract, February 2020: AED 100,000 a yearRenewal, February 2021: AED 95,000 a yearRenewal, February 2022: AED 100,000 a yearRenewal, February 2023: AED 100,000 a yearNew contract, June 2024: AED 150,000 a yearNew contract, September 2025: AED 150,000 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 312 sits

All 140 1-beds →

312 last sold in November 2017 at AED 2,258 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 2,247). 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. 312's AED 150,000 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 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

312, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 9 November 2017 for AED 2,580,900, or AED 2,258 per sqft.
  • Rented since February 2018 on 8 Ejari contracts, from AED 105,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 5.8%, 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 25 September 2025.

Questions about 312, Azure Residences

What did unit 312 last sell for?

AED 2,580,900 on 9 November 2017, sold by the developer: AED 2,258 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 150,000 a year on the contract signed on 25 September 2025. The previous contract, from June 2024, was AED 150,000; the unit has been rented since February 2018.

How big is unit 312?

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 312 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 312, Azure Residences

Starts from the last sale price (AED 2.58M, 9 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,580,900
Deposit, UAE resident (20%)
AED 516,180
Deposit, non-resident (40%)
AED 1,032,360
Monthly over 25 years at 3.7%
AED 10,559

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