1-bed · 1,143 sqftAzure Residences, Palm Jumeirah · 4th floor · completed 2015

413, Azure Residences

Sold prices and rental history: sold once, by the developer in December 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 27 December 2018
Last soldAED 2.61M27 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Azure Residences

What is 413 worth today?

Last sold for AED 2,608,300 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Dec 2018Sold by developerReady
AED 2,608,300AED 2,282 per sqft

Source: Dubai Land Department. Updated 27 December 2018.

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 2.61M · December 2018

About 413, Azure Residences

413 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. The developer sold it on 27 December 2018 for AED 2,608,300, or AED 2,282 per sqft, in line with the AED 2,248 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 413 over time

Sales
Unit 413, 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, December 2018: AED 2,608,300 (AED 2,282 per sqft)

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

Rents
Unit 413, each contractTypical one-bed in Azure Residences
100K125K2016201920222025Typical 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 109,620

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 413 sits

All 140 1-beds →

413 last sold in December 2018 at AED 2,282 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 2,248). 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.

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
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
1–7 of 16

413, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 27 December 2018 for AED 2,608,300, or AED 2,282 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 27 December 2018.

Questions about 413, Azure Residences

What did unit 413 last sell for?

AED 2,608,300 on 27 December 2018, sold by the developer: AED 2,282 per sqft for 1,143 sqft. It is the only registered sale of the unit.

How big is unit 413?

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 413 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.

Selling 413? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 413, Azure Residences

Starts from the last sale price (AED 2.61M, 27 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,608,300
Deposit, UAE resident (20%)
AED 521,660
Deposit, non-resident (40%)
AED 1,043,320
Monthly over 25 years at 3.7%
AED 10,671

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