1-bed · 920 sqftBluewaters Bay - Building 1, Bluewaters Island · 5th floor · due 2027

507, Bluewaters Bay - Building 1

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 3.44M14 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Bluewaters Bay - Building 1

What is 507 worth today?

Last sold for AED 3,441,000 in 2023

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14 Mar 2023Sold by developerOff-plan
AED 3,441,000AED 3,741 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2023.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
5th of 50
Parking
1
Developer
DHRE 2 Bts
Completion due
2027
Last sold
AED 3.44M · March 2023

About 507, Bluewaters Bay - Building 1

507 is a one-bedroom apartment of 920 sqft on the 5th floor of Bluewaters Bay - Building 1, a 50-storey tower in Bluewaters Island due for completion in 2027 by DHRE 2 Bts. The developer sold it on 14 March 2023 for AED 3,441,000, or AED 3,741 per sqft, 6% below the AED 3,980 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Bluewaters Bay - Building 1
3.2M3.3M3.4M2023202420252026Typical sale price by year: 2023 AED 3,228,000; 2024 AED 3,358,500; 2025 AED 3,273,000Sold by developer, March 2023: AED 3,441,000 (AED 3,741 per sqft)

507 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Bluewaters Bay - Building 1, and where 507 sits

All 140 1-beds →

507 last sold in March 2023 at AED 3,741 per sqft, 6% below what one-beds in Bluewaters Bay - Building 1 were fetching at the time (AED 3,980). Over the last 12 months one-beds sold for AED 3,200,000 to 3,673,000, around AED 3,864 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20263,200,000
5 Jan 20263,462,000
9 Jul 20254,000,000
5 Jul 20252,997,000
4 1-bed sales in the last 12 months

Bluewaters Bay - Building 1

Building

351 apartments, 1-bed to 5-bed over 50 floors in Bluewaters Island, due for completion in 2027 by DHRE 2 Bts. 8 sold in the last 12 months.

Typical price per sqft
AED 3,981
Typical sale
AED 4.61M
Typical rent
Few contracts
Typical yield
Bluewaters Bay - Building 1, Bluewaters Island: prices, sales and rents →
Value
5011-bedAED 3.04M · Jul 2023
5022-bedAED 4.66M · Jul 2023
5032-bedAED 5.85M · Mar 2023
5042-bedAED 5M · Sep 2023
5053-bedAED 7.34M · Apr 2023
5063-bedAED 7.24M · Apr 2023
5081-bedAED 3.01M · Mar 2023

507, Bluewaters Bay - Building 1 in numbers

  • Sold once: by DHRE 2 Bts on 14 March 2023 for AED 3,441,000, or AED 3,741 per sqft.
  • One-beds in Bluewaters Bay - Building 1 sold for AED 3,200,000–3,673,000 in the 12 months to November 2026; the building's median across all types is AED 3,981 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2023.

Questions about 507, Bluewaters Bay - Building 1

What did unit 507 last sell for?

AED 3,441,000 on 14 March 2023, sold by the developer: AED 3,741 per sqft for 920 sqft. It is the only registered sale of the unit.

How big is unit 507?

920 sqft (85.5 sqm): a one-bedroom apartment on the 5th floor of a 50-storey tower due for completion in 2027.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bluewaters Bay - Building 1 sold for AED 3,200,000 to 3,673,000 in the last 12 months, around AED 3,864 per sqft.

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Mortgage on 507, Bluewaters Bay - Building 1

Starts from the last sale price (AED 3.44M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,441,000
Deposit, UAE resident (20%)
AED 688,200
Deposit, non-resident (40%)
AED 1,376,400
Monthly over 25 years at 3.7%
AED 14,078

Plus AED 149,532 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →