Delta Properties: when refurbishing beats buying newer
A developer with a low-rise Dubai Marina building from 2005. An old apartment in a good position plus a proper refit is a strategy — here is when the numbers work.
Azure
Dubai Marina · Delta Properties
Project factsheet
Storeys 6
Units in the building 77
Developer Delta Properties
Status Completed
Completed 2005
District Dubai Marina
About the building
6-storey residential building in Dubai Marina, completed in 2005. Developer — Delta Properties. Architect — RMJM Dubai.
What the building has
- Swimming pool
- Gym
- Spa and sauna
- Shops
Specifications for Azure per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Azure is a 6-storey residential building in Dubai Marina, completed in 2005.
The developer is Delta Properties. The architecture is by RMJM Dubai.
The building holds 77 apartments in total.
The database currently holds 1 lot in this project, from 1 300 000 AED.
Six storeys and 77 residences by Delta Properties, handed over in 2005. The building record places it in Dubai Marina, while our own stock lists units under this name in JVC — worth keeping in mind when searching.
What this is
Azure is a residential building by Delta Properties, six storeys and 77 residences, handed over in 2005. The architect is RMJM Dubai.
The propsearch building record lists the district as Dubai Marina. In our own stock, two listings under this name are attributed to Jumeirah Village Circle, both at AED 1.3 million (~$355K); area isn't stated.
We're not smoothing this discrepancy over: it's either two different buildings sharing a name, or an error in the source's district field. Check by address, not by name.
Price per square foot across JVC projects
Benchmarks for JVC; for comparison, the Dubai Marina average is AED 2588 per square foot against AED 1474 here.
| Project | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Binghatti Apex | 2350 | 70 | 456 ft² |
| Binghatti Grove | 2281 | 45 | 697 ft² |
| Elitz 2 by Danube | 1697 | 6 | 684 ft² |
| JVC District 11 | 1676 | 6 | 1905 ft² |
| JVC District 10 | 1527 | 5 | 2442 ft² |
| JVC District 12 | 1388 | 12 | 2413 ft² |
| JVC District 14 | 1294 | 9 | 2937 ft² |
| Sapphire 32 | 1284 | 3 | 757 ft² |
| JVC District 15 | 1248 | 5 | 3312 ft² |
| JVC District 13 | 947 | 3 | 4582 ft² |
| JVC District 16 | 681 | 4 | 7647 ft² |
Our own stock as of 28 August 2026: 276 lots in the district, median AED 1.44 million, average AED 1896 per square foot. Projects with three or more lots and a known area. "JVC District N" entries are development plots, not individual buildings.
Why this is worth checking
The gap between districts is significant: Dubai Marina's median is AED 3.7 million (~$1.0M), JVC's is AED 1.24 million (~$340K). The same AED 1.3 million price tag means a very cheap unit in Marina and an ordinary one in JVC.
Six storeys and 77 apartments handed over in 2005 is a format found in both districts: in Marina it was early low-rise development, in JVC buildings like this are still being built today.
So the name alone doesn't let you draw a conclusion. The first question for the seller is the exact address and plot number, the second is the area.
We've seen similar cases before: Azizi Riviera appears in our database under three different districts with medians six times apart, and buildings called "Al Habtoor Tower" exist in both Marina and Business Bay.
The propsearch building record: 6 storeys, 77 residences, developer Delta Properties, architect RMJM Dubai, handover 2005, district "Dubai Marina." Our own stock as of 28 August 2026: 2 units attributed to JVC (prices), medians and price per square foot for JVC and Dubai Marina.
What the complex has
Swimming pool
Gym
Spa and sauna
Shops
Where it is
Frequently asked about Azure
Who is the developer of Azure?
Delta Properties. The architecture is by RMJM Dubai.
How many floors does Azure have?
6. The building has 77 apartments.
Has Azure been handed over?
Yes. Azure was handed over in 2005 — it is ready housing you can live in or let straight after the deal.
Where is Azure?
Dubai Marina. The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
How much does an apartment in Azure cost?
The database currently holds 1 lot in this project, from 1 300 000 AED. Prices move every day, so it is worth asking for the current list for this building.
What is on site at Azure?
Swimming pool, Gym, Spa and sauna, Shops. The list comes from the project description and covers the whole complex.
In the news
What has been written about the building, its developer and Dubai Marina
Vida Residences +117%: what the Dubai Marina project statistics actually show
The largest developer’s return to Dubai Marina prompted a look at its earlier projects there. The valuable number in that statistic is not the growth percentage.
Dubai Marina: five of the ten tallest residential buildings in the world
A district designed from nothing on a Vancouver waterfront model, built between 2003 and 2008. The numbers behind it, and what a fully man-made location tells you about how value is created in Dubai.
Orra Real Estate Development: JLT or the Marina, two districts a road apart
A developer with buildings on both sides of Sheikh Zayed Road. The two districts look interchangeable on a map and behave differently — here is what the price gap actually buys.
Halcon Real Estate: how to spot a building where nobody is in charge
A Dubai Marina tower from 2011. In buildings owned mostly by absent investors, decisions stop being made — and the symptoms are visible in an afternoon if you know them.
Condor Group: buying a just-finished flat from someone who never lived in it
A Dubai Marina tower completed in 2023. Much of the stock in a newly delivered building is sold on by off-plan investors — and buying from one is its own transaction.
Scope Investment: a 2022 tower, and the first wave of resales
A Dubai Marina tower completed a few years ago. Buildings at this age go through a predictable event that shapes their prices — and it is a buying opportunity if you can see it.
ABA Real Estate Development: building on the last plots of a finished district
A tall branded tower under construction in Dubai Marina. Infill development in a built-out district has a particular economics — for the buyer and for the neighbours.
ETA Star: an engineering group that built apartments
The property arm of a large regional engineering and contracting group, with towers in the Marina and on the Palm. What an engineering parent means in a delivered building.
Where this project stands today
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram