What is the rental yield in Azure Residences?

Azure Residences returns 4.78% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 84 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Azure Residences cost?

The median registered sale price is AED 2.90M (2,494 AED/sqft), from 15 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Azure Residences selling for right now?

Registered sales of ready units in Azure Residences over the last 6 months have a median of 2,932 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Azure Residences risen or fallen?

Median price per square foot moved +19.4% over the last 12 months against the 12 before it, on 15 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Azure Residences compare with Palm Jumeirah?

Its 4.78% gross yield sits -0.2 pts against the Palm Jumeirah median of 5.00%, computed at the same bedroom grain over the same 24-month window.

Azure Residences — sale prices & yield

Buy: 2.90MAED; AED 2,932/sqft
Long-let: 4.78%; AED 160,000/yr
Short-let: 6.25%; AED 814/night · 0.70/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread: -0.2 pts; vs the Palm Jumeirah median for this unit type
Turnover upside: +5.1%; new tenants pay more than sitting ones — 63 renewals
AED/yr/sqft: AED 140
Sales: 15
Rental contracts: 84
Renewal rent: AED 152,250/yr

12 months: +19.4%
3 years: +40.4%+12.0%/yr
5 years: +81.4%+12.6%/yr

Based on 15 sales and 84 rental contracts in the last 24 months. Rental data covers the whole Azure Residence project, not this tower alone.

Azure Residences is an apartment building in Palm Jumeirah, Dubai, one of the towers in the Azure Residence development. The closest metro station is Knowledge Village, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 450 registered sales in all — the 15 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Azure Residences, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 2.90M	2494	4.78% -0.2 pts	+19.4%	15
2 bed	AED 4.99M	2479	4.10% -1.1 pts	+17.8%	9

Deltas compare each yield with the Palm Jumeirah median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Azure Residences

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	814	0.70	AED 181,344	AED 160,000	1.1×	6.25%	2+
2 bed500m	1,380	0.69	AED 306,738	AED 240,000	1.3×	6.15%	8+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Azure Residences itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Azure Residences between 2013 and 2016 went for a median of AED 4,044/sqft (AED 2.60M). The same building resells today at AED 2,486/sqft (AED 3.33M) — an uplift of +27.9%.

Based on 86 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

9 resales in the last 12 months, against 16 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
20 Jul 2026	1 bed	1,143	AED 2,825,000	2,472
14 Jul 2026	1 bed	1,141	AED 3,000,000	2,629

2 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 12
Flats: 170

Nearby

Metro: Knowledge Village
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Palm Jumeirah, on the same figures over the same window.

Highest rental yields in Palm Jumeirah · Azure Residences places 36th of 51

Passo by Beyond - TOWER A
Seven Hotel & Apartments the Palm - A · 8.17%
The Palm Tower · 10.38%
The 8 · 6.97%
Passo by Beyond - TOWER B
Seven Hotel & Apartments the Palm - B · 12.66%
Five at Palm Jumeirah Dubai · 4.16%
Royal Amwaj Residences North · 5.16%

Common questions

What is the rental yield in Azure Residences?: Azure Residences returns 4.78% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 84 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Azure Residences cost?: The median registered sale price is AED 2.90M (2,494 AED/sqft), from 15 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Azure Residences selling for right now?: Registered sales of ready units in Azure Residences over the last 6 months have a median of 2,932 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Azure Residences risen or fallen?: Median price per square foot moved +19.4% over the last 12 months against the 12 before it, on 15 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Azure Residences compare with Palm Jumeirah?: Its 4.78% gross yield sits -0.2 pts against the Palm Jumeirah median of 5.00%, computed at the same bedroom grain over the same 24-month window.

Azure Residences