509, Azure Residences
Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Azure Residences
What is 509 worth today?
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Source: Dubai Land Department. Updated 22 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,156 sqft
- Floor
- 5th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.39M · November 2019
- Building
- Azure Residences
About 509, Azure Residences
509 is a one-bedroom apartment of 1,156 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 3 November 2019 for AED 1,391,702, or AED 1,203 per sqft, 10% below the AED 1,334 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 16 Ejari contracts. The current contract, signed on 22 October 2025, is AED 150,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 16,200 a year.
Sales and rents for 509 over time
509 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 509 sits
All 140 1-beds →509 last sold in November 2019 at AED 1,203 per sqft, 10% below what one-beds in Azure Residences were fetching at the time (AED 1,334). 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. 509'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 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 | |
| 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 | |
| 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 |
509, Azure Residences in numbers
- Sold once: by The Palm - Jumeirah Co on 3 November 2019 for AED 1,391,702, or AED 1,203 per sqft.
- Rented since January 2018 on 16 Ejari contracts. The rent fell from AED 61,000 to AED 35,077 in 2021 and recovered to AED 150,000 by October 2025.
- At AED 150,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 16,200 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 22 October 2025.
Questions about 509, Azure Residences
What did unit 509 last sell for?
AED 1,391,702 on 3 November 2019, sold by the developer: AED 1,203 per sqft for 1,156 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 150,000 a year on the contract signed on 22 October 2025. The previous contract, from January 2025, was AED 46,000; the unit has been rented since January 2018.
How big is unit 509?
1,156 sqft (107.4 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.
What is unit 509 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 509, Azure Residences
Starts from the last sale price (AED 1.39M, 3 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,391,702
- Deposit, UAE resident (20%)
- AED 278,340
- Deposit, non-resident (40%)
- AED 556,681
- Monthly over 25 years at 3.7%
- AED 5,694
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →