406, Azure Residences
Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Azure Residences
What is 406 worth today?
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Source: Dubai Land Department. Updated 21 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,143 sqft
- Floor
- 4th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,100 /yr
- Last sold
- AED 1.9M · July 2021
- Building
- Azure Residences
About 406, Azure Residences
406 is a one-bedroom apartment of 1,143 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 1 July 2021 for AED 1,900,000, or AED 1,662 per sqft, 7% above the AED 1,553 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 21 June 2026, is AED 60,000 a year: a gross yield of 3.2% on the 2021 price, before the service charge of about AED 16,100 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 140 1-beds →406 last sold in July 2021 at AED 1,662 per sqft, 7% above what one-beds in Azure Residences were fetching at the time (AED 1,553). 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. 406's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jul 202620 July 2026 | 1,143 sqft | 2,825,000 | 2,472 | ||
| 14 Jul 202614 July 2026 | 1,141 sqft | 3,000,000 | 2,628 | ||
| 19 May 202619 May 2026 | 1,142 sqft | 3,350,000 | 2,933 | ||
| 12 Mar 202612 March 2026 | 1,143 sqft | 3,350,000 | 2,931 |
Azure Residences
Building170 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%
Other units on the 4th floor
All 170 units in Azure Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 2,016 sqft | AED 3.6MAED 3,600,000 · Apr 2020April 2020 | 53,010 /yr | |
| 402 | 1-bed | 593 sqft | AED 2.37MAED 2,371,100 · Aug 2015August 2015 | 145,000 /yr | |
| 403 | 1-bed | 1,143 sqft | AED 2.15MAED 2,150,000 · Jan 2018January 2018 | 125,000 /yr | |
| 404 | 1-bed | 593 sqft | AED 2.37MAED 2,371,100 · Jul 2015July 2015 | 71,925 /yr | |
| 405 | 1-bed | 593 sqft | AED 2.61MAED 2,608,300 · Aug 2015August 2015 | 60,000 /yr | |
| 407 | 1-bed | 1,142 sqft | AED 2.37MAED 2,371,100 · Mar 2017March 2017 | 72,000 /yr | |
| 408 | 2-bed | 1,055 sqft | AED 4.37MAED 4,371,500 · Jun 2015June 2015 | 270,000 /yr | |
| 409 | 1-bed | 1,156 sqft | AED 1.38MAED 1,377,182 · Oct 2019October 2019 | 49,350 /yr | |
| 410 | 1-bed | 1,143 sqft | AED 2.05MAED 2,050,000 · May 2023May 2023 | 85,000 /yr | |
| 411 | 1-bed | 1,143 sqft | AED 2.61MAED 2,608,300 · Apr 2019April 2019 | 58,000 /yr | |
| 412 | 1-bed | 1,143 sqft | AED 1.43MAED 1,434,565 · Sep 2019September 2019 | 150,000 /yr | |
| 413 | 1-bed | 1,143 sqft | AED 2.61MAED 2,608,300 · Dec 2018December 2018 | ||
| 414 | 1-bed | 1,143 sqft | AED 2.45MAED 2,450,000 · Feb 2024February 2024 | 190,000 /yr | |
| 415 | 1-bed | 1,143 sqft | AED 2.61MAED 2,608,300 · Nov 2018November 2018 | 88,000 /yr | |
| 416 | 1-bed | 1,142 sqft | AED 2.61MAED 2,608,300 · Mar 2018March 2018 | 150,000 /yr | |
| 417 | 2-bed | 2,015 sqft | AED 2.45MAED 2,446,426 · Oct 2019October 2019 | 180,000 /yr |
406, Azure Residences in numbers
- Sold 3 times: first on 2 November 2015 for AED 2,608,300, last on 1 July 2021 for AED 1,900,000 (AED 1,662 per sqft).
- Rented since June 2018 on 10 Ejari contracts. The rent fell from AED 57,000 to AED 32,000 in 2021 and recovered to AED 60,000 by June 2026.
- At AED 60,000 a year the gross yield on the 2021 price is 3.2%, 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 21 June 2026.
Questions about 406, Azure Residences
What did unit 406 last sell for?
AED 1,900,000 on 1 July 2021: AED 1,662 per sqft for 1,143 sqft. The unit has 3 registered sales; the first was AED 2,608,300 in November 2015.
What is the rent for unit 406?
AED 60,000 a year on the contract renewed on 21 June 2026. The previous contract, from June 2025, was AED 60,000; the unit has been rented since June 2018.
How big is unit 406?
1,143 sqft (106.2 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 406 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 406, Azure Residences
Starts from the last sale price (AED 1.9M, 1 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →