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

717, Azure Residences

Sold prices and rental history: sold once, by the developer in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 717 · DLD and Ejari recordsUpdated 3 April 2018
Last soldAED 4.96M3 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Azure Residences

What is 717 worth today?

Last sold for AED 4,960,600 in 2018

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3 Apr 2018Sold by developerReady
AED 4,960,600AED 2,457 per sqft

Source: Dubai Land Department. Updated 3 April 2018.

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 28,400 /yr
Last sold
AED 4.96M · April 2018

About 717, Azure Residences

717 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. The developer sold it on 3 April 2018 for AED 4,960,600, or AED 2,457 per sqft, 11% above the AED 2,212 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 717 over time

Sales
Unit 717, 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, April 2018: AED 4,960,600 (AED 2,457 per sqft)

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

Rents
Unit 717, 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 57,500

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 717 sits

All 30 2-beds →

717 last sold in April 2018 at AED 2,457 per sqft, 11% above what two-beds in Azure Residences were fetching at the time (AED 2,212). 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.

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 20254,950,000
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

717, Azure Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 3 April 2018 for AED 4,960,600, or AED 2,457 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 3 April 2018.

Questions about 717, Azure Residences

What did unit 717 last sell for?

AED 4,960,600 on 3 April 2018, sold by the developer: AED 2,457 per sqft for 2,018 sqft. It is the only registered sale of the unit.

How big is unit 717?

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 717 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 717, Azure Residences

Starts from the last sale price (AED 4.96M, 3 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,960,600
Deposit, UAE resident (20%)
AED 992,120
Deposit, non-resident (40%)
AED 1,984,240
Monthly over 25 years at 3.7%
AED 20,295

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