Azure Residences rents
- 50 new leases and 35 renewals in 12 months
- 170 units
- Palm Jumeirah
- near Knowledge Village
A one-bed here leases for about AED 160,000 a year, 7% above the typical Palm Jumeirah one-bed. New tenants pay more than renewing ones, who pay AED 150,000.
1 bed · typical new lease
160,000AEDa year
AED 136/sqft · 0.0% on a year
- A month, roughly
- AED 13,333
- Renewal
- AED 150,000
- vs Palm Jumeirah 1 bed
- 7% above the median
- New leases, 12 months
- 44
What should a lease in Azure Residences cost?A one-bed leases for about AED 160,000 a year; new tenants pay 6.7% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Palm Jumeirah median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs about the same as a year earlier: AED 160,000 against 160,000.
Chart data, 1 bed: 2016, AED 140,000; latest, 2026, AED 155,000; peak, 2024, AED 160,000.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About Azure ResidencesA 12-floor tower in Palm Jumeirah, a 12-minute drive from Dubai Marina
Azure Residences is an apartment building completed in 2015 by The Palm Jumeirah in Palm Jumeirah with 170 registered units. 85 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Service charge
- Paid by the landlord · AED 17.08/sqft a year
- Floors
- 12
- Master developer
- The Palm Jumeirah
Drive times · typical
- Downtown
- 22 min · 21 km
- DXB Airport
- 27 min · 34 km
- DIFC
- 19 min · 24 km
- Dubai Marina
- 12 min · 7.3 km
- Palm Jumeirah
- 12 min · 5.9 km
Nearest, as registered
- Metro
- Knowledge Village
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Letting a unit in Azure Residences?What letting a one-bed here earns
- Short-let instead, one-bed
- AED 814
- a night on Airbnb; nets 1.0× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Azure Residences sale prices →Comparables in Palm Jumeirah
Every Palm Jumeirah building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Azure Residences places 29th of 59; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Azure Residences.
At 1 bed, Azure Residences ranks 9th of 32 by rent per square foot and 11th of 16 by gross yield in Palm Jumeirah.
Market context in Palm Jumeirah
Registered sales activity
748 ready apartment sales in the 12 months to 2026-10-12.
+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.
Explore sales activityPlanned apartment projects
1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.
3 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.
Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.
New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
More from The Palm Jumeirah
Marina Apartments 1
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 2
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 3
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 4
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Nearby in Palm Jumeirah
Prices per sq ft around Azure Residences, on the mapPrices per sq ft around Azure Residences, on the map
Marina Apartments 6
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 5
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 1
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 2
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Ask about Azure Residences
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the registered annual rent for a 1 bedroom in Azure Residences?
- The median new annual rent is AED 160,000, from 44 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Azure Residences risen or fallen?
- The median new annual rent changed 0.0% in the trailing 12 months against the previous 12, using 44 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Azure Residences pay more than sitting ones?
- A new tenant pays +6.7% against a renewing one, across 28 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Azure Residences?
- 7 sales were registered with the Dubai Land Department in the last 12 months, alongside 44 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Azure Residences?
- Knowledge Village, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
For agents
Send this page to a client as a branded report
Azure Residences rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 44 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/palm-jumeirah/azure-residences
Cite as: Dubai Wealth Index. “Azure Residences rents and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/palm-jumeirah/azure-residences
Stable dataJSON