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Azure Residence is a completed apartment development by THE PALM - JUMEIRAH CO. (L.L.C) in Palm Jumeirah, comprising 179 registered units. 256 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,694 per sqft. At AED 2,694 per sqft, Azure Residence prices 31% below the Palm Jumeirah average of AED 3,918 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 1,129 – 3,401 sqft | 179 | 3.54M | 2,694 | ↑5.4% | 163K | 4.6% | |
| Residential | |||||||
1 Bed · Apartment 1,141 – 1,404 sqft | 139 | ||||||
2 Bed · Apartment 1,143 – 2,262 sqft | 31 | ||||||
| Commercial | |||||||
Other Commercial 3,401 sqft | 1 | — | — | — | — | — | — |
Restaurant — | — | — | — | — | — | — | — |
Shop 1,129 – 2,522 sqft | 8 | — | — | — | — | — | |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 20 Jul 2026 | Tower S · Floor 10 | 1,143 | 2,825,000 | 2,472 | +4.6% | Entry Level | Standard Sale |
| 14 Jul 2026 | Tower S · Floor 2 | 1,141 | 3,000,000 | 2,629 | +76.5% | Entry Level | Standard Sale |
| 19 May 2026 | Tower S · Floor 8 | 1,142 | 3,350,000 | 2,933 | +55.8% | Standard | Standard Sale |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 12 Aug 2026 | 1 Bed | Tower S · Floor 2 | 1,143 | 130,000 | 114 | -16.1% | Entry Level | new |
| 2 Aug 2026 | 2 Bed | Tower S · Floor 6 | 2,017 | 192,612 | 95 | -5.4% | Standard | new |
| 1 Aug 2026 | 2 Bed | Tower S · Floor 5 | 2,015 | 240,000 | 119 | 0.0% | Standard | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Palm Jumeirah
The closest-priced registered projects in Palm Jumeirah.
- Al KhudrawiAED 2,699/sqft
- Al MsalliAED 2,629/sqft
- Seven Hotel and Apartments The PalmAED 2,799/sqft
- Al KhushkarAED 2,578/sqft
- Palm Views - EastAED 2,919/sqft
- SouthernAED 2,920/sqft
Common questions about Azure Residence
Answered from Dubai Land Department registered transactions.
How much does a property in Azure Residence cost?
Property in Azure Residence sells at a current PIX© price of AED 2,694 per sqft, or about AED 3,539,997 for a typical unit, based on 256 sales registered with the Dubai Land Department.
Is Azure Residence completed?
Yes. Azure Residence is recorded as completed in the Dubai Land Department project register (completed q2 2016).
Who is the developer of Azure Residence?
Azure Residence is developed by THE PALM - JUMEIRAH CO. (L.L.C), the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Azure Residence?
Azure Residence yields 4.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,005 registered Ejari contracts.
How many units are in Azure Residence?
Azure Residence holds 179 registered units, per the Dubai Land Department unit register.
Have prices in Azure Residence gone up or down?
Price per sqft has risen +5.4% over the last 12 months, to AED 2,694, across 256 registered sales.
About Azure Residences
Azure Residences is a completed beachfront residential and retail project developed by Nakheel on the eastern shoreline of the Palm Jumeirah Trunk in Dubai, United Arab Emirates.
Project Overview
Azure Residences is a mid-rise waterfront development featuring residential apartments and ground-level commercial outlets. The project was launched by master developer Nakheel in February 2013 and designed by architectural firm Dar Al-Handasah, with United Engineering Construction serving as the main contractor.
Physical Configuration and Inventory
The development consists of a single 10-to-12-storey building containing between 170 and 180 units. The inventory comprises spacious one- and two-bedroom apartments with premium marble flooring and private panoramic terraces. Additionally, the ground level houses ten commercial spaces, including a Choithrams supermarket, retail shops, and beachside restaurants.
Amenities and Location
Key facilities at Azure Residences include a private beach area, a sea-facing infinity pool, a state-of-the-art rooftop gymnasium, dedicated parking, and water taxi mooring facilities. It is located on the eastern trunk of Palm Jumeirah, offering convenient road access to Sheikh Zayed Road and proximity to nearby landmarks like Al Ittihad Park and Nakheel Mall.
- Sea-facing Infinity PoolA sea-facing infinity swimming pool situated at the edge of the water.
- Rooftop GymnasiumA state-of-the-art rooftop gym offering panoramic views.
- Direct Beach AccessDirect entrance to the sandy beachfront.
- Water Taxi Mooring FacilitiesDedicated mooring facilities on the jetty for water taxis.
- Ground-level SupermarketA ground-floor retail space operating as a Choithrams supermarket.
- Ground-level Restaurants and CafesA selection of dining outlets, including the TagoMago restaurant (formerly Il Faro) located on the jetty.
- Barbecue AreaA designated barbecue space for social events.
- Kids Play AreaA dedicated outdoor play zone for children.
- Al Ittihad ParkA major public park located 2 minutes away on Palm Jumeirah.
- Golden Mile GalleriaA retail and lifestyle complex located 2 minutes away.
- Nakheel MallA premium retail and shopping mall situated 5 minutes away.