616, Azure Residences
Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, Azure Residences
What is 616 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,142 sqft
- Floor
- 6th of 10
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 16,000 /yr
- Last sold
- AED 2.66M · April 2018
- Building
- Azure Residences
About 616, Azure Residences
616 is a one-bedroom apartment of 1,142 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 23 April 2018 for AED 2,663,300, or AED 2,331 per sqft, 4% above the AED 2,247 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 February 2025, is AED 180,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 16,000 a year.
Sales and rents for 616 over time
616 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 616 sits
All 140 1-beds →616 last sold in April 2018 at AED 2,331 per sqft, 4% above what one-beds in Azure Residences were fetching at the time (AED 2,247). 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. 616's AED 180,000 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 6th floor
All 170 units in Azure Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 2,017 sqft | AED 4.91MAED 4,910,000 · Feb 2015February 2015 | 200,000 /yr | |
| 602 | 1-bed | 593 sqft | AED 2.42MAED 2,421,100 · Dec 2015December 2015 | 74,550 /yr | |
| 603 | 1-bed | 1,143 sqft | AED 3.3MAED 3,300,000 · Dec 2025December 2025 | 155,000 /yr | |
| 604 | 1-bed | 593 sqft | AED 2.42MAED 2,421,100 · Jun 2015June 2015 | 68,500 /yr | |
| 605 | 1-bed | 1,143 sqft | AED 2.66MAED 2,663,300 · Nov 2016November 2016 | 130,000 /yr | |
| 606 | 1-bed | 593 sqft | AED 2.66MAED 2,663,300 · Jul 2015July 2015 | 55,000 /yr | |
| 607 | 1-bed | 1,142 sqft | AED 2.66MAED 2,663,300 · Aug 2014August 2014 | 73,500 /yr | |
| 608 | 2-bed | 2,018 sqft | AED 5.85MAED 5,850,000 · Jan 2026January 2026 | 55,000 /yr | |
| 609 | 1-bed | 1,151 sqft | AED 2.58MAED 2,575,000 · Jun 2025June 2025 | 48,390 /yr | |
| 610 | 1-bed | 1,143 sqft | AED 1.41MAED 1,406,222 · Nov 2019November 2019 | 160,000 /yr | |
| 611 | 1-bed | 1,143 sqft | AED 2.39MAED 2,390,634 · Aug 2019August 2019 | 49,088 /yr | |
| 612 | 1-bed | 1,143 sqft | AED 1.46MAED 1,464,815 · Jul 2019July 2019 | 155,000 /yr | |
| 613 | 1-bed | 1,143 sqft | AED 2.3MAED 2,300,000 · Feb 2024February 2024 | 165,000 /yr | |
| 614 | 1-bed | 1,143 sqft | AED 2.1MAED 2,100,000 · Dec 2022December 2022 | 120,000 /yr | |
| 615 | 1-bed | 1,143 sqft | AED 2.66MAED 2,663,300 · May 2018May 2018 | 135,000 /yr | |
| 617 | 2-bed | 2,018 sqft | AED 4.91MAED 4,910,000 · Apr 2019April 2019 | 215,000 /yr |
616, Azure Residences in numbers
- Sold once: by The Palm - Jumeirah Co on 23 April 2018 for AED 2,663,300, or AED 2,331 per sqft.
- Rented since October 2022 on 2 Ejari contracts, from AED 170,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2018 price is 6.8%, 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 1 February 2025.
Questions about 616, Azure Residences
What did unit 616 last sell for?
AED 2,663,300 on 23 April 2018, sold by the developer: AED 2,331 per sqft for 1,142 sqft. It is the only registered sale of the unit.
What is the rent for unit 616?
AED 180,000 a year on the contract signed on 1 February 2025. The previous contract, from October 2022, was AED 170,000.
How big is unit 616?
1,142 sqft (106.1 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2015.
What is unit 616 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 616, Azure Residences
Starts from the last sale price (AED 2.66M, 23 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,663,300
- Deposit, UAE resident (20%)
- AED 532,660
- Deposit, non-resident (40%)
- AED 1,065,320
- Monthly over 25 years at 3.7%
- AED 10,896
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →