1-bed · 593 sqftAzure Residences, Palm Jumeirah · 4th floor · completed 2015

402, Azure Residences

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 3 July 2026
Last soldAED 2.37M10 August 2015
Current rentAED 145K /yr3 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Azure Residences

What is 402 worth today?

Last sold for AED 2,371,100 in 2015

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3 Jul 2026RentedNew contract
AED 145,000/yr12 months · AED 127 per sqft
18 Jan 2026RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
25 Apr 2025RentedNew contract
AED 162,500/yr12 months · AED 142 per sqft
25 Apr 2025RentedNew contract
AED 162,500/yr12 months · AED 142 per sqft
18 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft
18 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft
20 Dec 2024RentedNew contract
AED 172,000/yr12 months · AED 151 per sqft
20 Apr 2024RentedNew contract
AED 170,000/yr12 months · AED 149 per sqft

Source: Dubai Land Department. Updated 3 July 2026.

Key facts

Type
1-bed apartment
Size
593 sqft
Floor
4th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 8,300 /yr
Last sold
AED 2.37M · August 2015

About 402, Azure Residences

402 is a one-bedroom apartment of 593 sqft on the 4th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 10 August 2015 for AED 2,371,100, or AED 4,001 per sqft, 3% below the AED 4,127 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 19 Ejari contracts. The current contract, signed on 3 July 2026, is AED 145,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, August 2015: AED 2,371,100 (AED 4,001 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Azure Residences
100K2016201920222025Typical 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, April 2017: AED 130,000 a yearNew contract, December 2017: AED 94,000 a yearRenewal, April 2018: AED 125,000 a yearRenewal, April 2019: AED 122,000 a yearNew contract, October 2019: AED 70,000 a yearNew contract, April 2020: AED 110,000 a yearNew contract, February 2021: AED 60,000 a yearNew contract, April 2021: AED 105,000 a yearRenewal, February 2022: AED 62,000 a yearNew contract, February 2022: AED 130,000 a yearRenewal, February 2023: AED 136,500 a yearNew contract, April 2024: AED 170,000 a yearNew contract, December 2024: AED 172,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, April 2025: AED 162,500 a yearNew contract, April 2025: AED 162,500 a yearRenewal, January 2026: AED 90,000 a yearNew contract, July 2026: AED 145,000 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 402 sits

All 140 1-beds →

402 last sold in August 2015 at AED 4,001 per sqft, 3% below what one-beds in Azure Residences were fetching at the time (AED 4,127). 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. 402's AED 145,000 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 4th floor

All 170 units in Azure Residences
Value
4012-bedAED 3.6M · Apr 2020
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

402, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 10 August 2015 for AED 2,371,100, or AED 4,001 per sqft.
  • Rented since April 2017 on 19 Ejari contracts. The rent fell from AED 130,000 to AED 60,000 in 2021 and recovered to AED 145,000 by July 2026.
  • At AED 145,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 8,300 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 3 July 2026.

Questions about 402, Azure Residences

What did unit 402 last sell for?

AED 2,371,100 on 10 August 2015, sold by the developer: AED 4,001 per sqft for 593 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 145,000 a year on the contract signed on 3 July 2026. The previous contract, from January 2026, was AED 90,000; the unit has been rented since April 2017.

How big is unit 402?

593 sqft (55.1 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.

What is unit 402 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 402, Azure Residences

Starts from the last sale price (AED 2.37M, 10 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,371,100
Deposit, UAE resident (20%)
AED 474,220
Deposit, non-resident (40%)
AED 948,440
Monthly over 25 years at 3.7%
AED 9,701

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