1-bed · 1,143 sqftAzure Residences, Palm Jumeirah · 6th floor · completed 2015

612, Azure Residences

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 11 May 2025
Last soldAED 1.46M2 July 2019
Current rentAED 155K /yr11 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Azure Residences

What is 612 worth today?

Last sold for AED 1,464,815 in 2019

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11 May 2025RentedRenewal
AED 155,000/yr12 months · AED 136 per sqft
11 May 2024RentedNew contract
AED 155,000/yr12 months · AED 136 per sqft
10 May 2023RentedNew contract
AED 145,000/yr12 months · AED 127 per sqft
1 Aug 2021RentedRenewal
AED 86,000/yr12 months · AED 75 per sqft
1 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
6 Jul 2019RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
2 Jul 2019Sold by developerReady
AED 1,464,815AED 1,281 per sqft

Source: Dubai Land Department. Updated 11 May 2025.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
6th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 1.46M · July 2019

About 612, Azure Residences

612 is a one-bedroom apartment of 1,143 sqft on the 6th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 2 July 2019 for AED 1,464,815, or AED 1,281 per sqft, 43% below the AED 2,234 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 11 May 2025, is AED 155,000 a year: a gross yield of 10.6% on the 2019 price, before the service charge of about AED 16,100 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical one-bed in Azure Residences
2M3M2013201720212025Typical sale price by year: 2013 AED 2,599,500; 2014 AED 2,663,300; 2015 AED 2,471,000; 2016 AED 2,500,000; 2017 AED 2,553,400; 2018 AED 2,556,768; 2019 AED 1,494,955; 2020 AED 1,482,072; 2021 AED 1,830,000; 2022 AED 2,125,000; 2023 AED 2,350,000; 2024 AED 2,622,500; 2025 AED 2,888,000; 2026 AED 3,350,000Sold by developer, July 2019: AED 1,464,815 (AED 1,281 per sqft)

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

Rents
Unit 612, each contractTypical one-bed in Azure Residences
100K150K2016201920222025Typical rent by year: 2016 AED 140,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 95,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 95,000; 2023 AED 86,100; 2024 AED 113,595; 2025 AED 104,400; 2026 AED 109,620New contract, July 2019: AED 90,000 a yearNew contract, August 2020: AED 80,000 a yearRenewal, August 2021: AED 86,000 a yearNew contract, May 2023: AED 145,000 a yearNew contract, May 2024: AED 155,000 a yearRenewal, May 2025: AED 155,000 a year

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 612 sits

All 140 1-beds →

612 last sold in July 2019 at AED 1,281 per sqft, 43% below what one-beds in Azure Residences were fetching at the time (AED 2,234). 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. 612's AED 155,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jul 20262,825,000
14 Jul 20263,000,000
19 May 20263,350,000
12 Mar 20263,350,000
6 1-bed sales 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 6th floor

All 170 units in Azure Residences
Value
6012-bedAED 4.91M · Feb 2015
6021-bedAED 2.42M · Dec 2015
6031-bedAED 3.3M · Dec 2025
6041-bedAED 2.42M · Jun 2015
6051-bedAED 2.66M · Nov 2016
6061-bedAED 2.66M · Jul 2015
6071-bedAED 2.66M · Aug 2014
1–7 of 16

612, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 2 July 2019 for AED 1,464,815, or AED 1,281 per sqft.
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2020 and recovered to AED 155,000 by May 2025.
  • At AED 155,000 a year the gross yield on the 2019 price is 10.6%, 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 11 May 2025.

Questions about 612, Azure Residences

What did unit 612 last sell for?

AED 1,464,815 on 2 July 2019, sold by the developer: AED 1,281 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 155,000 a year on the contract renewed on 11 May 2025. The previous contract, from May 2024, was AED 155,000; the unit has been rented since July 2019.

How big is unit 612?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2015.

What is unit 612 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 612, Azure Residences

Starts from the last sale price (AED 1.46M, 2 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,464,815
Deposit, UAE resident (20%)
AED 292,963
Deposit, non-resident (40%)
AED 585,926
Monthly over 25 years at 3.7%
AED 5,993

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