Public Preview: To simplify the experience of creating and managing file shares in Azure, Azure Files now supports a file share-centric management model offered by the Microsoft.FileShares resource provider.
With this update, file shares become top-level resources in Azure and no longer require a storage account. File shares now offer independent provisioning of storage, IOPS, and throughput without competing with other file shares against shared storage account limits.
Additional Benefits!
They also provide granular networking and security controls, and predictable, flexible costs using the SSD provisioned v2 model. This streamlined experience enables faster provisioning (~2x faster), supports higher scale limits, and introduces share-level billing for clearer cost attribution.