Azure Residences - Sold Prices - Market Trend
Azure average Sold Prices decrease since November 2023.
Author Gareth Davies - Award Winning Broker and Property Consultant
The Sold Prices trend at Azure Residences during the past six months at -3.56% (in terms of AED/sq.ft.) has followed the general cooling-off experienced at Palm Jumeirah.
Source: PropertyMonitor.ae
Demand from buyers still exists but they are mainly potential owner-occupiers (end-users) requiring Vacant on Transfer properties.
The Volume of Sales each quarter year has decreased. The lack of vacant apartments to satisfy demand is the main reason.
Data source: PropertyMonitor.ae
SOLD PRICES
Source: PropertyMonitor.ae
Source: PropertyMonitor.ae
The main attractions of Azure Residences are the views of the sea, Burj Al Arab and Palm Crescent in the distance. Azure has one of the longest swimming pools in Dubai and the views from the well-equipped gymnasium are spectacular.
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