2-bed · 2,016 sqftAzure Residences, Palm Jumeirah · 4th floor · completed 2015

401, Azure Residences

Sold prices and rental history: sold twice, last in April 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 12 August 2026
Last soldAED 3.6M8 April 2020
Current rentAED 53K /yr12 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Azure Residences

What is 401 worth today?

Last sold for AED 3,600,000 in 2020

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12 Aug 2026RentedRenewal
AED 53,010/yr4 months · AED 57 per sqft
4 Aug 2026RentedRenewal
AED 195,000/yr12 months · AED 97 per sqft
12 Aug 2025RentedRenewal
AED 53,000/yr12 months · AED 57 per sqft
4 Aug 2025RentedRenewal
AED 205,000/yr12 months · AED 102 per sqft
4 Aug 2025RentedRenewal
AED 205,000/yr12 months · AED 102 per sqft
12 Aug 2024RentedRenewal
AED 51,450/yr12 months · AED 56 per sqft
4 Aug 2024RentedNew contract
AED 205,000/yr12 months · AED 102 per sqft
10 Sep 2023RentedRenewal
AED 174,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 12 August 2026.

Key facts

Type
2-bed apartment
Size
2,016 sqft
Floor
4th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 28,300 /yr
Last sold
AED 3.6M · April 2020

About 401, Azure Residences

401 is a two-bedroom apartment of 2,016 sqft on the 4th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 8 April 2020 for AED 3,600,000, or AED 1,785 per sqft, 50% above the AED 1,190 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 20 Ejari contracts. The current contract, renewed on 12 August 2026, is AED 53,010 a year: a gross yield of 1.5% on the 2020 price, before the service charge of about AED 28,300 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Azure Residences
2M4M2013201720212025Typical 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 2015: AED 4,808,700 (AED 4,557 per sqft)Sold, April 2020: AED 3,600,000 (AED 1,785 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Azure Residences
100K200K2016201920222025Typical 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, December 2016: AED 195,000 a yearNew contract, May 2018: AED 60,000 a yearRenewal, March 2019: AED 160,000 a yearNew contract, August 2019: AED 45,000 a yearNew contract, September 2019: AED 160,000 a yearRenewal, August 2020: AED 45,000 a yearNew contract, September 2020: AED 145,000 a yearNew contract, March 2021: AED 32,000 a yearRenewal, September 2021: AED 145,000 a yearRenewal, September 2022: AED 145,000 a yearRenewal, April 2023: AED 41,800 a yearNew contract, August 2023: AED 49,000 a yearRenewal, September 2023: AED 174,000 a yearRenewal, August 2024: AED 51,450 a yearNew contract, August 2024: AED 205,000 a yearRenewal, August 2025: AED 53,000 a yearRenewal, August 2025: AED 205,000 a yearRenewal, August 2025: AED 205,000 a yearRenewal, August 2026: AED 53,010 a yearRenewal, August 2026: AED 195,000 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 401 sits

All 30 2-beds →

401 last sold in April 2020 at AED 1,785 per sqft, 50% above what two-beds in Azure Residences were fetching at the time (AED 1,190). 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. 401's AED 53,010 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jan 20265,850,000
23 Oct 20255,900,000
30 Jun 20255,850,000
30 Apr 20254,950,000
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 4th floor

All 170 units in Azure Residences
Value
4021-bedAED 2.37M · Aug 2015
4031-bedAED 2.15M · Jan 2018
4041-bedAED 2.37M · Jul 2015
4051-bedAED 2.61M · Aug 2015
4061-bedAED 1.9M · Jul 2021
4071-bedAED 2.37M · Mar 2017
4082-bedAED 4.37M · Jun 2015
1–7 of 16

401, Azure Residences in numbers

  • Sold twice: first on 1 November 2015 for AED 4,808,700, last on 8 April 2020 for AED 3,600,000 (AED 1,785 per sqft).
  • Rented since December 2016 on 20 Ejari contracts. The rent fell from AED 195,000 to AED 32,000 in 2021 and recovered to AED 53,010 by August 2026.
  • At AED 53,010 a year the gross yield on the 2020 price is 1.5%, 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 12 August 2026.

Questions about 401, Azure Residences

What did unit 401 last sell for?

AED 3,600,000 on 8 April 2020: AED 1,785 per sqft for 2,016 sqft. The unit has 2 registered sales; the first was AED 4,808,700 in November 2015.

What is the rent for unit 401?

AED 53,010 a year on the contract renewed on 12 August 2026. The previous contract, from August 2026, was AED 195,000; the unit has been rented since December 2016.

How big is unit 401?

2,016 sqft (187.3 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.

What is unit 401 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 401, Azure Residences

Starts from the last sale price (AED 3.6M, 8 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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