505, Azure Residences
Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Azure Residences
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,143 sqft
- Floor
- 5th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,100 /yr
- Last sold
- AED 2.1M · December 2017
- Building
- Azure Residences
About 505, Azure Residences
505 is a one-bedroom apartment of 1,143 sqft on the 5th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 10 December 2017 for AED 2,100,000, or AED 1,837 per sqft, 18% below the AED 2,236 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 21 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 58,000 a year: a gross yield of 2.8% on the 2017 price, before the service charge of about AED 16,100 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 140 1-beds →505 last sold in December 2017 at AED 1,837 per sqft, 18% below what one-beds in Azure Residences were fetching at the time (AED 2,236). 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. 505's AED 58,000 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 5th floor
All 170 units in Azure Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 2,016 sqft | AED 4.42MAED 4,417,600 · Dec 2013December 2013 | 60,000 /yr | |
| 502 | 1-bed | 1,142 sqft | AED 2.1MAED 2,100,000 · Sep 2022September 2022 | 90,000 /yr | |
| 503 | 1-bed | 593 sqft | AED 2.4MAED 2,396,100 · Oct 2015October 2015 | 125,000 /yr | |
| 504 | 1-bed | 593 sqft | AED 2.4MAED 2,396,100 · Aug 2015August 2015 | 65,550 /yr | |
| 506 | 1-bed | 1,143 sqft | AED 1.5MAED 1,500,000 · Apr 2020April 2020 | 51,000 /yr | |
| 507 | 1-bed | 1,142 sqft | AED 3.03MAED 3,030,000 · May 2024May 2024 | 145,000 /yr | |
| 508 | 2-bed | 2,017 sqft | AED 4.42MAED 4,417,600 · Nov 2016November 2016 | 60,000 /yr | |
| 509 | 1-bed | 1,156 sqft | AED 1.39MAED 1,391,702 · Nov 2019November 2019 | 150,000 /yr | |
| 510 | 1-bed | 1,143 sqft | AED 1.39MAED 1,391,702 · Oct 2019October 2019 | 72,000 /yr | |
| 511 | 1-bed | 1,143 sqft | AED 1.45MAED 1,449,690 · Jul 2019July 2019 | 60,000 /yr | |
| 512 | 1-bed | 1,143 sqft | AED 1.45MAED 1,449,690 · Jul 2019July 2019 | 170,000 /yr | |
| 513 | 1-bed | 1,143 sqft | AED 2.4MAED 2,400,000 · Jul 2024July 2024 | 120,129 /yr | |
| 514 | 1-bed | 1,143 sqft | AED 2.64MAED 2,635,800 · Apr 2018April 2018 | 158,000 /yr | |
| 515 | 1-bed | 1,143 sqft | AED 2.64MAED 2,635,800 · May 2018May 2018 | 200,000 /yr | |
| 516 | 1-bed | 1,142 sqft | AED 2.53MAED 2,530,368 · Dec 2018December 2018 | ||
| 517 | 2-bed | 2,015 sqft | AED 4.59MAED 4,590,000 · Mar 2025March 2025 | 240,000 /yr |
505, Azure Residences in numbers
- Sold twice: first on 24 January 2016 for AED 2,635,800, last on 10 December 2017 for AED 2,100,000 (AED 1,837 per sqft).
- Rented since May 2017 on 21 Ejari contracts. The rent fell from AED 131,000 to AED 32,000 in 2021 and recovered to AED 58,000 by September 2026.
- At AED 58,000 a year the gross yield on the 2017 price is 2.8%, 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 20 September 2026.
Questions about 505, Azure Residences
What did unit 505 last sell for?
AED 2,100,000 on 10 December 2017: AED 1,837 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 2,635,800 in January 2016.
What is the rent for unit 505?
AED 58,000 a year on the contract renewed on 20 September 2026. The previous contract, from February 2026, was AED 175,000; the unit has been rented since May 2017.
How big is unit 505?
1,143 sqft (106.2 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.
What is unit 505 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 505, Azure Residences
Starts from the last sale price (AED 2.1M, 10 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →