2-bed · 2,018 sqftAzure Residences, Palm Jumeirah · 7th floor · completed 2015

708, Azure Residences

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 4.95M30 April 2025
Current rentAED 63K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Azure Residences

What is 708 worth today?

Last sold for AED 4,950,000 in 2025

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15 Dec 2025RentedNew contract
AED 63,000/yr12 months · AED 67 per sqft
30 Apr 2025SoldReady
AED 4,950,000AED 2,453 per sqft
5 Nov 2024RentedNew contract
AED 58,000/yr12 months · AED 62 per sqft
25 Mar 2024RentedRenewal
AED 42,800/yr12 months · AED 45 per sqft
25 Mar 2023RentedRenewal
AED 40,700/yr12 months · AED 43 per sqft
25 Mar 2022RentedRenewal
AED 37,000/yr12 months · AED 39 per sqft
1 Oct 2021RentedNew contract
AED 180,000/yr24 months · AED 89 per sqft
25 Jun 2021RentedRenewal
AED 160,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
2-bed apartment
Size
2,018 sqft
Floor
7th of 10
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 28,300 /yr
Last sold
AED 4.95M · April 2025

About 708, Azure Residences

708 is a two-bedroom apartment of 2,018 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 30 April 2025 for AED 4,950,000, or AED 2,453 per sqft, in line with the AED 2,453 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 14 Ejari contracts. The current contract, signed on 15 December 2025, is AED 63,000 a year: a gross yield of 1.3% on the 2025 price, before the service charge of about AED 28,300 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, August 2016: AED 4,509,600 (AED 4,273 per sqft)Sold, April 2025: AED 4,950,000 (AED 2,453 per sqft)

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

Rents
Unit 708, 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, May 2017: AED 170,000 a yearNew contract, December 2017: AED 60,000 a yearNew contract, June 2018: AED 180,000 a yearNew contract, November 2018: AED 60,000 a yearRenewal, June 2019: AED 180,000 a yearRenewal, June 2020: AED 160,000 a yearNew contract, March 2021: AED 35,000 a yearRenewal, June 2021: AED 160,000 a yearNew contract, October 2021: AED 180,000 a yearRenewal, March 2022: AED 37,000 a yearRenewal, March 2023: AED 40,700 a yearRenewal, March 2024: AED 42,800 a yearNew contract, November 2024: AED 58,000 a yearNew contract, December 2025: AED 63,000 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 708 sits

All 30 2-beds →

708 last sold in April 2025 at AED 2,453 per sqft, in line with what two-beds in Azure Residences were fetching at the time (AED 2,453). 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. 708's AED 63,000 is in the lower 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 20254,750,000
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 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
7051-bedAED 3.35M · Mar 2026
7061-bedAED 2.45M · Oct 2015
7071-bedAED 2.45M · Jul 2015
1–7 of 16

708, Azure Residences in numbers

  • Sold twice: first on 30 August 2016 for AED 4,509,600, last on 30 April 2025 for AED 4,950,000 (AED 2,453 per sqft).
  • Rented since May 2017 on 14 Ejari contracts. The rent fell from AED 170,000 to AED 35,000 in 2021 and recovered to AED 63,000 by December 2025.
  • At AED 63,000 a year the gross yield on the 2025 price is 1.3%, 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 15 December 2025.

Questions about 708, Azure Residences

What did unit 708 last sell for?

AED 4,950,000 on 30 April 2025: AED 2,453 per sqft for 2,018 sqft. The unit has 2 registered sales; the first was AED 4,509,600 in August 2016.

What is the rent for unit 708?

AED 63,000 a year on the contract signed on 15 December 2025. The previous contract, from November 2024, was AED 58,000; the unit has been rented since May 2017.

How big is unit 708?

2,018 sqft (187.5 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.

What is unit 708 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 708, Azure Residences

Starts from the last sale price (AED 4.95M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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