Azure Residence in Palm Jumeirah - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Azure Residence
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
106
31,085
3,300,000
Rents in Azure Residence
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
106
1,663
176,250
The cap rate (rental yield) of investments into Azure Residence project is 5.4% on average.
The price of an apartment in Azure Residence is 31,085 AED/sqm on average.
The long term rent of an apartment in Azure Residence is 1,663 AED/sqm/year on average.
Price for completed 1 bedroom apartment in Azure Residence is 3,300,000 AED or 31,085 AED/sqm.
Rent for 1 bedroom apartment in Azure Residence is 176,250 AED or 1,663 AED/sqm.
About Azure Residence
'Azure Residence' in 'Palm Jumeirah' area project description
Azure Residence is a luxurious residential development located in the heart of Dubai, UAE. The project is a joint venture between Emaar Properties and Meraas Holding, two of the leading real estate developers in the region. The project consists of two towers, each with its own distinct style and design. The towers are connected by a bridge, creating a unique and eye-catching skyline.
The towers are designed to provide residents with an unparalleled level of comfort and luxury. The apartments feature spacious living areas, modern kitchens, and large balconies with stunning views of the city. The towers also feature a variety of amenities, including a state-of-the-art gym, an outdoor swimming pool, and a children’s play area.
The project is located in the heart of Dubai, close to the city’s major attractions. It is within walking distance of the Dubai Mall, the world’s largest shopping center, and the iconic Burj Khalifa, the world’s tallest building. The area is also home to a variety of restaurants, cafes, and bars, making it an ideal spot for residents to enjoy the city’s vibrant nightlife.
Azure Residence is a luxurious residential development that offers residents a unique living experience. With its modern design, luxurious amenities, and prime location, it is the perfect place to call home.
Q&A on Azure Residence
What are the advantages of 'Azure Residence' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Azure Residence is located in the heart of Dubai, providing easy access to the city's major attractions and amenities.
2. Luxury Amenities: Azure Residence offers a range of luxurious amenities such as a private beach, swimming pools, a gym, a spa, and a rooftop terrace.
3. High-end Finishes: The residences feature high-end finishes such as marble flooring, modern appliances, and designer furniture.
4. Investment Potential: Azure Residence is a great investment opportunity for real estate buyers, as it is expected to appreciate in value over time.
5. Flexible Payment Plans: Azure Residence offers flexible payment plans, allowing buyers to purchase their dream home without breaking the bank.