416, Azure Residences
Sold prices and rental history: sold once, by the developer in March 2018, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 416, Azure Residences
What is 416 worth today?
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Source: Dubai Land Department. Updated 10 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,142 sqft
- Floor
- 4th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,000 /yr
- Last sold
- AED 2.61M · March 2018
- Building
- Azure Residences
About 416, Azure Residences
416 is a one-bedroom apartment of 1,142 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 29 March 2018 for AED 2,608,300, or AED 2,284 per sqft, in line with the AED 2,234 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 December 2022. The current contract, signed on 10 December 2022, is AED 150,000 a year: a gross yield of 5.8% on the 2018 price, before the service charge of about AED 16,000 a year.
Sales and rents for 416 over time
416 has sold once; 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 416 sits
All 140 1-beds →416 last sold in March 2018 at AED 2,284 per sqft, in line with what one-beds in Azure Residences were fetching at the time (AED 2,234). 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. 416's AED 150,000 is in the upper 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 | |
| 406 | 1-bed | 1,143 sqft | AED 1.9MAED 1,900,000 · Jul 2021July 2021 | 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 | |
| 417 | 2-bed | 2,015 sqft | AED 2.45MAED 2,446,426 · Oct 2019October 2019 | 180,000 /yr |
416, Azure Residences in numbers
- Sold once: by The Palm - Jumeirah Co on 29 March 2018 for AED 2,608,300, or AED 2,284 per sqft.
- Rented since December 2022 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2018 price is 5.8%, before a service charge of about AED 16,000 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 10 December 2022.
Questions about 416, Azure Residences
What did unit 416 last sell for?
AED 2,608,300 on 29 March 2018, sold by the developer: AED 2,284 per sqft for 1,142 sqft. It is the only registered sale of the unit.
What is the rent for unit 416?
AED 150,000 a year on the contract signed on 10 December 2022.
How big is unit 416?
1,142 sqft (106.1 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 416 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 416, Azure Residences
Starts from the last sale price (AED 2.61M, 29 March 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 →