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

705, Azure Residences

Sold prices and rental history: sold 3 times, last in March 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 3.35M12 March 2026
Current rentAED 160K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Azure Residences

What is 705 worth today?

Last sold for AED 3,350,000 in 2026

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5 Oct 2026RentedNew contract
AED 160,000/yr12 months · AED 140 per sqft
1 Jun 2026RentedRenewal
AED 49,500/yr12 months · AED 59 per sqft
12 Mar 2026SoldReady
AED 3,350,000AED 2,931 per sqft
1 Jun 2025RentedRenewal
AED 47,000/yr12 months · AED 56 per sqft
1 Jun 2025RentedRenewal
AED 47,000/yr12 months · AED 56 per sqft
1 Jun 2024RentedRenewal
AED 44,300/yr12 months · AED 53 per sqft
1 Jun 2023RentedRenewal
AED 42,158/yr12 months · AED 50 per sqft
1 Feb 2023RentedRenewal
AED 40,152/yr4 months · AED 48 per sqft

Source: Dubai Land Department. Updated 5 October 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 3.35M · March 2026

About 705, Azure Residences

705 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. It last sold on 12 March 2026 for AED 3,350,000, or AED 2,931 per sqft, 15% above the AED 2,540 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 11 Ejari contracts. The current contract, signed on 5 October 2026, is AED 160,000 a year: a gross yield of 4.8% on the 2026 price, before the service charge of about AED 16,100 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, October 2015: AED 2,690,600 (AED 4,540 per sqft)Sold, December 2020: AED 1,775,000 (AED 1,553 per sqft)Sold, March 2026: AED 3,350,000 (AED 2,931 per sqft)

705 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 705, each contractTypical one-bed in Azure Residences
100K2016201920222025Typical 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 40,000 a yearRenewal, July 2020: AED 40,000 a yearNew contract, February 2021: AED 32,000 a yearRenewal, February 2022: AED 36,500 a yearRenewal, February 2023: AED 40,152 a yearRenewal, June 2023: AED 42,158 a yearRenewal, June 2024: AED 44,300 a yearRenewal, June 2025: AED 47,000 a yearRenewal, June 2025: AED 47,000 a yearRenewal, June 2026: AED 49,500 a yearNew contract, October 2026: AED 160,000 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 705 sits

All 140 1-beds →

705 last sold in March 2026 at AED 2,931 per sqft, 15% above what one-beds in Azure Residences were fetching at the time (AED 2,540). 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. 705's AED 160,000 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
5 Mar 20263,520,000
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
7031-bedAED 2.69M · Apr 2014
7041-bedAED 2.45M · Jun 2015
7061-bedAED 2.45M · Oct 2015
7071-bedAED 2.45M · Jul 2015
7082-bedAED 4.95M · Apr 2025
1–7 of 16

705, Azure Residences in numbers

  • Sold 3 times: first on 28 October 2015 for AED 2,690,600, last on 12 March 2026 for AED 3,350,000 (AED 2,931 per sqft).
  • Rented since July 2019 on 11 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2021 and recovered to AED 160,000 by October 2026.
  • At AED 160,000 a year the gross yield on the 2026 price is 4.8%, 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 5 October 2026.

Questions about 705, Azure Residences

What did unit 705 last sell for?

AED 3,350,000 on 12 March 2026: AED 2,931 per sqft for 1,143 sqft. The unit has 3 registered sales; the first was AED 2,690,600 in October 2015.

What is the rent for unit 705?

AED 160,000 a year on the contract signed on 5 October 2026. The previous contract, from June 2026, was AED 49,500; the unit has been rented since July 2019.

How big is unit 705?

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 705 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 705, Azure Residences

Starts from the last sale price (AED 3.35M, 12 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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