New homes in Azra Residence start at AED 970,000; keys are due Jun 2027; you pay 20% to book, 30% while it is built and 50% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 1,900 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Land Residence Complex. Their median price is AED 1,342 per sq ft (about AED 1,011,000 at 753 sq ft). This project's from price is AED 1,288 per sq ft (AED 970,000 for its smallest home, 753 sq ft), 4% less.
Keys
Jun 2027
The developer's handover date
Payment plan
20 / 30 / 50
20% to book, 30% while it is built, 50% at the keys
Bedrooms
1 to 3 beds
Sizes
753 to 1,581 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,288 per sq ft
Similar off-plan homes: AED 1,342 per sq ft
RERA project
4078
Check it in Dubai REST, the Dubai Land Department's official app.
Built
28%
Being built. DLD register, Nov 11, 2026
Completion on the register
Dec 2027
When we started recording it on Jun 12, 2026 it was Feb 2027. It has moved once since, by 10 months in total.
Escrow account
بنك راس الخيمه الوطنى ش.م.ع
The bank that holds your payments
Registered homes
126
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 30% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 194,000+ AED 38,800 DLD fee
AED 232,800
Jan 2027While it is built · 15%
While it is built
15%
AED 145,500
AED 378,300
Apr 2027While it is built · 15%
While it is built
15%
AED 145,500
AED 523,800
Jun 2027Keys · 50%
Keys
50%
AED 485,000
AED 1,008,800
Booking payment, 20%
AED 194,000
Dubai Land Department fee (Oqood), 4%
AED 38,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 232,800
Total costPrice plus the DLD fee
AED 1,008,800
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,900 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Land Residence Complex, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in AZRA RESIDENCE sold in 24 months, so we compare with off-plan sales across Dubai Land Residence Complex.
Dubai Land Department recorded 1,900 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Land Residence Complex, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,342 per sq ft
AED 664 to AED 838 per sq ft
16 sales
AED 838 to AED 1,012 per sq ft
73 sales
AED 1,012 to AED 1,186 per sq ft
292 sales
AED 1,186 to AED 1,360 per sq ft
634 sales
This project's from price is in this band.
AED 1,360 to AED 1,534 per sq ft
600 sales
AED 1,534 to AED 1,708 per sq ft
267 sales
AED 1,708 to AED 1,882 per sq ft
16 sales
AED 1,882 to AED 2,056 per sq ft
2 sales
AED 664 per sq ftAED 2,056 per sq ft
This project AED 1,288 per sq ft
Half of the sales sold for AED 1,212 to AED 1,480 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 664 to AED 838 per sq ft
16
AED 838 to AED 1,012 per sq ft
73
AED 1,012 to AED 1,186 per sq ft
292
AED 1,186 to AED 1,360 per sq ft
634
AED 1,360 to AED 1,534 per sq ft
600
AED 1,534 to AED 1,708 per sq ft
267
AED 1,708 to AED 1,882 per sq ft
16
AED 1,882 to AED 2,056 per sq ft
2
The 3 closest sales
Picked from the 1,900 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 935,750AED 1,243 per sq ftAZRA RESIDENCE, 753 sq ft
Oct 2026AED 765,000AED 1,016 per sq ftTime 2, 753 sq ft
Jul 2026AED 940,900AED 1,250 per sq ftAZRA RESIDENCE, 753 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Land Residence Complex in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 970,000 here
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
4% below 1,900 similar sales
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
3-bed apartment
Off-plan medianAED 2,218,000AED 1,343 per sq ft
Sales288
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
5.8%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.6%
Typical gross yield of similar ready homes
8%
Median rent of 1-bed apartments in Dubai Land Residence Complex
AED 56,000 a year
Service charge a year, from the keysThe area median, AED 13 per sq ft from 8 buildings, as of 2023, for the smallest home (753 sq ft)
AED 9,789
Rent contracts counted
1,387
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
3-bed apartment
AED 110,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 56,000 ÷ AED 970,000 = 5.8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Gems First Point School (The Villa)750 m, 13 min walkSchool
GEMS Wellington Academy3.1 km, 9 min driveBritish school
Indian International School3 km, 9 min driveIndian school
Azra Residence is an Enaam Properties Development apartment building in Dubai Land Residence Complex with 1- to 3-bedroom homes from AED 970,000 and handover listed for June 2027. The from price is 4.0% below 1,900 similar sales in Dubai Land Residence Complex over the 12 months to November 2026.
The from price per square foot is 4.0% below 1,900 similar sales over the 12 months to November 2026, based on one-bedroom off-plan sales DLD lists in Dubai Land Residence Complex. The comparison covers the whole area, so check recent sales in this building as well.
The plan is 20% on booking, 30% during construction and 50% on handover. At the from price that is AED 194,000 on booking, AED 291,000 during the build and AED 485,000 at handover, which is listed for June 2027, about seven months from now. Separately, the 4% DLD fee comes to AED 38,800.
The developer describes units as one-bedroom (753 sq ft), 1.5-bedroom (851 sq ft) and 2.5-bedroom (1,242 sq ft). The listing gives one to three bedrooms and 753 to 1,581 sq ft, so ask for the floor plan of your unit and what the half room is. The homes are freehold. Residents share a gym, a pool, a children's pool, covered parking and a lobby, with 24-hour security, and units have balconies.
By our map, an Aster medical centre is about 180 m away and GEMS First Point School about 770 m. GEMS Wellington Academy and Indian International School are each about 3 km away. By our estimate, Creek Metro Station is about 19 minutes away by car, and Business Bay about 21 minutes.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
1.5 BR
2.5 BR
How prices moved
Median price of 1-bed apartments in Dubai Land Residence Complex, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,211 per sq ft
Sep 2026AED 1,376 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,376 per sq ft
2,718 sales
Jun 2026
AED 1,368 per sq ft
2,895 sales
Mar 2026
AED 1,338 per sq ft
2,815 sales
Dec 2025
AED 1,311 per sq ft
2,648 sales
Sep 2025
AED 1,264 per sq ft
2,640 sales
Jun 2025
AED 1,234 per sq ft
2,475 sales
Mar 2025
AED 1,225 per sq ft
2,137 sales
Dec 2024
AED 1,211 per sq ft
1,606 sales
Off-plan sales only.
Questions about this project
Who is developing Azra Residence?
Enaam Properties Development. The building is in Dubai Land Residence Complex.
How does the price compare?
The from price per square foot is 4.0% below 1,900 similar sales over the 12 months to November 2026, based on one-bedroom off-plan sales in Dubai Land Residence Complex.
What do I pay on booking?
20%, or AED 194,000 at the from price. Separately, the 4% DLD fee comes to AED 38,800; ask when it is due.
What is a 1.5-bedroom unit?
The developer lists 1.5- and 2.5-bedroom layouts. Ask the developer what the extra room is and check it on the floor plan.
When is handover?
The listed handover is June 2027, about seven months away. Ask for a construction update before you pay.
