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2-bed · 2,016 sqftAzure Residences, Palm Jumeirah · 5th floor · completed 2015

501, Azure Residences

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 4.42M26 December 2013
Current rentAED 60K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Azure Residences

What is 501 worth today?

Last sold for AED 4,417,600 in 2013

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15 Sep 2026RentedRenewal
AED 60,000/yr12 months · AED 65 per sqft
15 Sep 2025RentedNew contract
AED 62,000/yr12 months · AED 67 per sqft
1 Sep 2024RentedRenewal
AED 46,000/yr12 months · AED 50 per sqft
6 Jan 2024RentedRenewal
AED 179,000/yr6 months · AED 89 per sqft
1 Sep 2023RentedRenewal
AED 43,000/yr12 months · AED 47 per sqft
6 Jan 2023RentedRenewal
AED 170,500/yr12 months · AED 85 per sqft
1 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
25 Jun 2022RentedRenewal
AED 37,020/yr2 months · AED 40 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
2-bed apartment
Size
2,016 sqft
Floor
5th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 28,300 /yr
Last sold
AED 4.42M · December 2013
Building
Azure Residences

About 501, Azure Residences

501 is a two-bedroom apartment of 2,016 sqft on the 5th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 26 December 2013 for AED 4,417,600, or AED 2,190 per sqft, in line with the AED 2,257 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 18 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 60,000 a year: a gross yield of 1.4% on the 2013 price, before the service charge of about AED 28,300 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, December 2013: AED 4,417,600 (AED 2,190 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Azure Residences
100K200K2017202020232026Typical 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, February 2017: AED 200,000 a yearNew contract, February 2018: AED 200,000 a yearNew contract, March 2018: AED 60,000 a yearNew contract, January 2019: AED 175,000 a yearNew contract, October 2019: AED 45,000 a yearRenewal, January 2020: AED 165,000 a yearNew contract, January 2021: AED 155,000 a yearNew contract, March 2021: AED 32,000 a yearRenewal, January 2022: AED 155,000 a yearRenewal, March 2022: AED 35,000 a yearRenewal, June 2022: AED 37,020 a yearNew contract, September 2022: AED 40,000 a yearRenewal, January 2023: AED 170,500 a yearRenewal, September 2023: AED 43,000 a yearRenewal, January 2024: AED 179,000 a yearRenewal, September 2024: AED 46,000 a yearNew contract, September 2025: AED 62,000 a yearRenewal, September 2026: AED 60,000 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 501 sits

All 30 2-beds →

501 last sold in December 2013 at AED 2,190 per sqft, in line with what two-beds in Azure Residences were fetching at the time (AED 2,257). 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. 501's AED 60,000 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 5th floor

All 170 units in Azure Residences
Value
5021-bedAED 2.1M · Sep 2022
5031-bedAED 2.4M · Oct 2015
5041-bedAED 2.4M · Aug 2015
5051-bedAED 2.1M · Dec 2017
5061-bedAED 1.5M · Apr 2020
5071-bedAED 3.03M · May 2024
5082-bedAED 4.42M · Nov 2016
1–7 of 16

501, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 26 December 2013 for AED 4,417,600, or AED 2,190 per sqft.
  • Rented since February 2017 on 18 Ejari contracts. The rent fell from AED 200,000 to AED 32,000 in 2021 and recovered to AED 60,000 by September 2026.
  • At AED 60,000 a year the gross yield on the 2013 price is 1.4%, 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 15 September 2026.

Questions about 501, Azure Residences

What did unit 501 last sell for?

AED 4,417,600 on 26 December 2013, sold by the developer: AED 2,190 per sqft for 2,016 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 60,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 62,000; the unit has been rented since February 2017.

How big is unit 501?

2,016 sqft (187.3 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.

What is unit 501 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 501, Azure Residences

Starts from the last sale price (AED 4.42M, 26 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,417,600
Deposit, UAE resident (20%)
AED 883,520
Deposit, non-resident (40%)
AED 1,767,040
Monthly over 25 years at 3.7%
AED 18,074

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