1-bed · 1,143 sqftAzure Residences, Palm Jumeirah · 7th floor · completed 2015

703, Azure Residences

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 2.69M9 April 2014
Current rentAED 150K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Azure Residences

What is 703 worth today?

Last sold for AED 2,690,600 in 2014

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30 Sep 2026RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
10 Aug 2026RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
1 Oct 2025RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
10 Aug 2025RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
8 Jul 2024RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
1 May 2024RentedNew contract
AED 148,000/yr12 months · AED 130 per sqft
25 Oct 2023RentedNew contract
AED 190,000/yr12 months · AED 166 per sqft
15 Jun 2023RentedNew contract
AED 115,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
7th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 2.69M · April 2014

About 703, Azure Residences

703 is a one-bedroom apartment of 1,143 sqft on the 7th floor of Azure Residences, a 10-storey tower in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 9 April 2014 for AED 2,690,600, or AED 2,354 per sqft, 26% above the AED 1,875 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 19 Ejari contracts. The current contract, signed on 30 September 2026, is AED 150,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 16,100 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, April 2014: AED 2,690,600 (AED 2,354 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Azure Residences
100K200K2016201920222025Typical 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, December 2016: AED 135,000 a yearNew contract, January 2018: AED 120,000 a yearNew contract, February 2018: AED 130,000 a yearNew contract, December 2018: AED 120,000 a yearNew contract, February 2019: AED 110,000 a yearRenewal, February 2020: AED 110,000 a yearNew contract, April 2020: AED 85,000 a yearNew contract, March 2021: AED 105,000 a yearRenewal, April 2021: AED 78,000 a yearRenewal, March 2022: AED 110,000 a yearNew contract, April 2022: AED 85,000 a yearNew contract, June 2023: AED 115,000 a yearNew contract, October 2023: AED 190,000 a yearNew contract, May 2024: AED 148,000 a yearNew contract, July 2024: AED 120,000 a yearNew contract, August 2025: AED 120,000 a yearNew contract, October 2025: AED 150,000 a yearRenewal, August 2026: AED 120,000 a yearNew contract, September 2026: AED 150,000 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 703 sits

All 140 1-beds →

703 last sold in April 2014 at AED 2,354 per sqft, 26% above what one-beds in Azure Residences were fetching at the time (AED 1,875). 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. 703's AED 150,000 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 7th floor

All 170 units in Azure Residences
Value
7012-bedAED 4.51M · May 2015
7021-bedAED 1.8M · Mar 2016
7041-bedAED 2.45M · Jun 2015
7051-bedAED 3.35M · Mar 2026
7061-bedAED 2.45M · Oct 2015
7071-bedAED 2.45M · Jul 2015
7082-bedAED 4.95M · Apr 2025
1–7 of 16

703, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 9 April 2014 for AED 2,690,600, or AED 2,354 per sqft.
  • Rented since December 2016 on 19 Ejari contracts. The rent fell from AED 135,000 to AED 78,000 in 2021 and recovered to AED 150,000 by September 2026.
  • At AED 150,000 a year the gross yield on the 2014 price is 5.6%, 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 30 September 2026.

Questions about 703, Azure Residences

What did unit 703 last sell for?

AED 2,690,600 on 9 April 2014, sold by the developer: AED 2,354 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 150,000 a year on the contract signed on 30 September 2026. The previous contract, from August 2026, was AED 120,000; the unit has been rented since December 2016.

How big is unit 703?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.

What is unit 703 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 703, Azure Residences

Starts from the last sale price (AED 2.69M, 9 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,690,600
Deposit, UAE resident (20%)
AED 538,120
Deposit, non-resident (40%)
AED 1,076,240
Monthly over 25 years at 3.7%
AED 11,008

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