2-bed · 2,015 sqftAzure Residences, Palm Jumeirah · 5th floor · completed 2015

517, Azure Residences

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 4.59M27 March 2025
Current rentAED 240K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Azure Residences

What is 517 worth today?

Last sold for AED 4,590,000 in 2025

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1 Aug 2026RentedRenewal
AED 240,000/yr12 months · AED 119 per sqft
1 Aug 2025RentedNew contract
AED 240,000/yr12 months · AED 119 per sqft
27 Mar 2025SoldReady
AED 4,590,000AED 2,277 per sqft
1 Jun 2024RentedRenewal
AED 162,750/yr12 months · AED 81 per sqft
1 Jun 2023RentedRenewal
AED 154,612/yr12 months · AED 77 per sqft
1 Jun 2022RentedRenewal
AED 139,125/yr12 months · AED 69 per sqft
1 Jun 2021RentedRenewal
AED 132,500/yr12 months · AED 66 per sqft
1 Jun 2020RentedNew contract
AED 132,500/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
2,015 sqft
Floor
5th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 28,300 /yr
Last sold
AED 4.59M · March 2025

About 517, Azure Residences

517 is a two-bedroom apartment of 2,015 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 27 March 2025 for AED 4,590,000, or AED 2,277 per sqft, 8% below the AED 2,473 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 240,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 28,300 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, March 2020: AED 2,398,053 (AED 1,190 per sqft)Sold, March 2025: AED 4,590,000 (AED 2,277 per sqft)

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

Rents
Unit 517, 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, June 2020: AED 132,500 a yearRenewal, June 2021: AED 132,500 a yearRenewal, June 2022: AED 139,125 a yearRenewal, June 2023: AED 154,612 a yearRenewal, June 2024: AED 162,750 a yearNew contract, August 2025: AED 240,000 a yearRenewal, August 2026: AED 240,000 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 517 sits

All 30 2-beds →

517 last sold in March 2025 at AED 2,277 per sqft, 8% below what two-beds in Azure Residences were fetching at the time (AED 2,473). 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. 517's AED 240,000 is in the upper 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
5012-bedAED 4.42M · Dec 2013
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
1–7 of 16

517, Azure Residences in numbers

  • Sold twice: first on 4 March 2020 for AED 2,398,053, last on 27 March 2025 for AED 4,590,000 (AED 2,277 per sqft).
  • Rented since June 2020 on 7 Ejari contracts, from AED 132,500 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2025 price is 5.2%, 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 1 August 2026.

Questions about 517, Azure Residences

What did unit 517 last sell for?

AED 4,590,000 on 27 March 2025: AED 2,277 per sqft for 2,015 sqft. The unit has 2 registered sales; the first was AED 2,398,053 in March 2020.

What is the rent for unit 517?

AED 240,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 240,000; the unit has been rented since June 2020.

How big is unit 517?

2,015 sqft (187.2 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.

What is unit 517 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 517, Azure Residences

Starts from the last sale price (AED 4.59M, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,590,000
Deposit, UAE resident (20%)
AED 918,000
Deposit, non-resident (40%)
AED 1,836,000
Monthly over 25 years at 3.7%
AED 18,779

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