507, Azure Residences
Sold prices and rental history: sold twice, last in May 2024, 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 507, Azure Residences
What is 507 worth today?
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Source: Dubai Land Department. Updated 12 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,142 sqft
- Floor
- 5th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,000 /yr
- Last sold
- AED 3.03M · May 2024
- Building
- Azure Residences
About 507, Azure Residences
507 is a one-bedroom apartment of 1,142 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 1 May 2024 for AED 3,030,000, or AED 2,653 per sqft, 20% above the AED 2,210 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 17 Ejari contracts. The current contract, renewed on 12 September 2026, is AED 145,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 16,000 a year.
Sales and rents for 507 over time
507 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 507 sits
All 140 1-beds →507 last sold in May 2024 at AED 2,653 per sqft, 20% above what one-beds in Azure Residences were fetching at the time (AED 2,210). 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. 507's AED 145,000 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 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 | |
| 505 | 1-bed | 1,143 sqft | AED 2.1MAED 2,100,000 · Dec 2017December 2017 | 58,000 /yr | |
| 506 | 1-bed | 1,143 sqft | AED 1.5MAED 1,500,000 · Apr 2020April 2020 | 51,000 /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 |
507, Azure Residences in numbers
- Sold twice: first on 11 October 2015 for AED 2,396,100, last on 1 May 2024 for AED 3,030,000 (AED 2,653 per sqft).
- Rented since February 2017 on 17 Ejari contracts. The rent fell from AED 120,000 to AED 52,000 in 2020 and recovered to AED 145,000 by September 2026.
- At AED 145,000 a year the gross yield on the 2024 price is 4.8%, 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 12 September 2026.
Questions about 507, Azure Residences
What did unit 507 last sell for?
AED 3,030,000 on 1 May 2024: AED 2,653 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 2,396,100 in October 2015.
What is the rent for unit 507?
AED 145,000 a year on the contract renewed on 12 September 2026. The previous contract, from December 2025, was AED 71,000; the unit has been rented since February 2017.
How big is unit 507?
1,142 sqft (106.1 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.
What is unit 507 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 507, Azure Residences
Starts from the last sale price (AED 3.03M, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,030,000
- Deposit, UAE resident (20%)
- AED 606,000
- Deposit, non-resident (40%)
- AED 1,212,000
- Monthly over 25 years at 3.7%
- AED 12,397
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →