1,980 sqftBluewaters Residences 1, Bluewaters Island · 1st floor · completed 2019

103, Bluewaters Residences 1

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 4.7M20 September 2024
Current rentAED 150K /yr11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Bluewaters Residences 1

What is 103 worth today?

Last sold for AED 4,700,000 in 2024

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11 Oct 2024RentedNew contract
AED 150,000/yr12 months · AED 76 per sqft
20 Sep 2024SoldReady
AED 4,700,000AED 2,374 per sqft
15 Jul 2023RentedRenewal
AED 192,000/yr2 months · AED 97 per sqft
15 Jul 2022RentedNew contract
AED 180,000/yr12 months · AED 91 per sqft
15 Jul 2021RentedRenewal
AED 170,000/yr12 months · AED 86 per sqft
15 Apr 2020Sold by developerReady
AED 3,852,000AED 1,945 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
Apartment
Size
1,980 sqft
Floor
1st of 6
Parking
B334
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 57,400 /yr
Last sold
AED 4.7M · September 2024

About 103, Bluewaters Residences 1

103 is an apartment of 1,980 sqft on the 1st floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 20 September 2024 for AED 4,700,000, or AED 2,374 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 11 October 2024, is AED 150,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 57,400 a year.

Bluewaters Residences 1

Building

41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 463K /yr
Typical yield
Bluewaters Residences 1, Bluewaters Island: prices, sales and rents →

Other units on the 1st floor

All 41 units in Bluewaters Residences 1
Value
1012-bedAED 3.94M · Jul 2019
1021-bedAED 2.55M · Apr 2022
1044-bedAED 5.81M · Oct 2019
1053-bedAED 4.91M · Nov 2019
1064-bedAED 16M · Oct 2022

103, Bluewaters Residences 1 in numbers

  • Sold twice: first on 15 April 2020 for AED 3,852,000, last on 20 September 2024 for AED 4,700,000 (AED 2,374 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 170,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 57,400 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 11 October 2024.

Questions about 103, Bluewaters Residences 1

What did unit 103 last sell for?

AED 4,700,000 on 20 September 2024: AED 2,374 per sqft for 1,980 sqft. The unit has 2 registered sales; the first was AED 3,852,000 in April 2020.

What is the rent for unit 103?

AED 150,000 a year on the contract signed on 11 October 2024. The previous contract, from July 2023, was AED 192,000; the unit has been rented since July 2021.

How big is unit 103?

1,980 sqft (183.9 sqm): an apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 103, Bluewaters Residences 1

Starts from the last sale price (AED 4.7M, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

Plus AED 202,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →