HomeProjectsAZURE RESIDENCE

AZURE RESIDENCE

by THE PALM - JUMEIRAH CO. (L.L.C)·PALM JUMEIRAHResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Dec 30, 2013
Expected Handover
Dec 30, 2015
Total Units
179
Avg Unit Size
1376 sqft
Freehold Ratio
100%
Escrow Agent
Mashreq Bank PJSC
Median Price
AED 2.52M
PSF
AED 2,191/sqft
Sales 12M
3
vs Area
-16.0%
Asset Turnover
1.7%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
179
Avg Unit Size
1376 sqft
2BR
17.3%
1BR
77.7%
Retail
4.5%
Other
0.6%

Room Configuration

Unit TypeCountShare
1BR13977.7%
2BR3117.3%
Retail84.5%
Other10.6%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
1BR81.8%
139 units
77.8%
7 sold
0.95✓ BALANCED
2BR18.2%
31 units
22.2%
2 sold
1.22⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
20 Jul 2026
PALM JUMEIRAH1BRAED 2.83MAED 2,472/sqftReadyFreehold
14 Jul 2026
PALM JUMEIRAH1BRAED 3.00MAED 2,629/sqftReadyFreehold
19 May 2026
PALM JUMEIRAH1BRAED 3.35MAED 2,933/sqftReadyFreehold
12 Mar 2026
PALM JUMEIRAH1BRAED 3.35MAED 2,932/sqftReadyFreehold
5 Mar 2026
PALM JUMEIRAH1BRAED 3.52MAED 3,080/sqftReadyFreehold
13 Jan 2026
PALM JUMEIRAH2BRAED 5.85MAED 2,899/sqftReadyFreehold
17 Dec 2025
PALM JUMEIRAH1BRAED 3.30MAED 2,888/sqftReadyFreehold
30 Oct 2025
PALM JUMEIRAH1BRAED 3.40MAED 2,455/sqftReadyFreehold
23 Oct 2025
PALM JUMEIRAH2BRAED 5.90MAED 2,926/sqftReadyFreehold
29 Jul 2025
PALM JUMEIRAH1BRAED 3.00MAED 2,625/sqftReadyFreehold
16 Jul 2025
PALM JUMEIRAH1BRAED 3.00MAED 2,625/sqftReadyFreehold
30 Jun 2025
PALM JUMEIRAH2BRAED 5.85MAED 2,586/sqftReadyFreehold
11 Jun 2025
PALM JUMEIRAH1BRAED 2.58MAED 2,238/sqftReadyFreehold
30 Apr 2025
PALM JUMEIRAH2BRAED 4.75MAED 2,353/sqftReadyFreehold
30 Apr 2025
PALM JUMEIRAH2BRAED 4.95MAED 2,453/sqftReadyFreehold
29 Apr 2025
PALM JUMEIRAH1BRAED 2.78MAED 2,429/sqftReadyFreehold
27 Mar 2025
PALM JUMEIRAH2BRAED 4.59MAED 2,278/sqftReadyFreehold
27 Mar 2025
PALM JUMEIRAH1BRAED 2.70MAED 2,363/sqftReadyFreehold
17 Mar 2025
PALM JUMEIRAH1BRAED 2.75MAED 2,406/sqftReadyFreehold
12 Dec 2024
PALM JUMEIRAH1BRAED 2.52MAED 2,174/sqftReadyFreehold
5 Dec 2024
PALM JUMEIRAH2BRAED 4.99MAED 2,473/sqftReadyFreehold
12 Nov 2024
PALM JUMEIRAH1BRAED 2.90MAED 2,538/sqftReadyFreehold
5 Nov 2024
PALM JUMEIRAH1BRAED 2.85MAED 2,494/sqftReadyFreehold
15 Oct 2024
PALM JUMEIRAH2BRAED 5.00MAED 2,479/sqftReadyFreehold
23 Jul 2024
PALM JUMEIRAH1BRAED 2.58MAED 2,262/sqftReadyFreehold
18 Jul 2024
PALM JUMEIRAH1BRAED 2.73MAED 2,387/sqftReadyFreehold
16 Jul 2024
PALM JUMEIRAH1BRAED 2.80MAED 2,450/sqftReadyFreehold
8 Jul 2024
PALM JUMEIRAH1BRAED 2.40MAED 2,100/sqftReadyFreehold
26 Jun 2024
PALM JUMEIRAH1BRAED 3.72MAED 3,256/sqftReadyFreehold
3 Jun 2024
PALM JUMEIRAH1BRAED 2.50MAED 1,803/sqftReadyFreehold