4-bed · 2,474 sqftBluewaters Residences 1, Bluewaters Island · 2nd floor · completed 2019

206, Bluewaters Residences 1

Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 12M30 May 2022
Current rentAED 40K /yr4 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Bluewaters Residences 1

What is 206 worth today?

Last sold for AED 12,000,000 in 2022

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4 Mar 2024RentedNew contract · flagged as an outlier
AED 40,000/yr12 months · AED 16 per sqft
30 May 2022SoldReady
AED 12,000,000AED 4,851 per sqft
5 Jul 2021RentedNew contract
AED 485,000/yr12 months · AED 196 per sqft
4 Jul 2021SoldReady
AED 8,000,000AED 3,234 per sqft
30 Dec 2020SoldReady
AED 5,700,000AED 2,304 per sqft
25 Dec 2018Sold by developerOff-plan
AED 5,569,000AED 2,251 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
4-bed apartment
Size
2,474 sqft
Floor
2nd of 6
Parking
B328, B329
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,700 /yr
Last sold
AED 12M · May 2022

About 206, Bluewaters Residences 1

206 is a four-bedroom apartment of 2,474 sqft on the 2nd floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 30 May 2022 for AED 12,000,000, or AED 4,851 per sqft, 29% above the AED 3,753 four-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 4 March 2024, is AED 40,000 a year: a gross yield of 0.3% on the 2022 price, before the service charge of about AED 71,700 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical four-bed in Bluewaters Residences 1
10M20M2018202020222024Typical sale price by year: 2018 AED 5,565,000; 2019 AED 5,771,000; 2020 AED 11,642,000; 2021 AED 6,637,500; 2022 AED 16,000,000; 2023 AED 18,300,000Sold by developer, December 2018: AED 5,569,000 (AED 2,251 per sqft)Sold, December 2020: AED 5,700,000 (AED 2,304 per sqft)Sold, July 2021: AED 8,000,000 (AED 3,234 per sqft)Sold, May 2022: AED 12,000,000 (AED 4,851 per sqft)

206 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 206, each contractTypical four-bed in Bluewaters Residences 1
500K1M202020222024Typical rent by year: 2020 AED 315,000; 2021 AED 485,000; 2022 AED 1,000,000; 2024 AED 800,000New contract, July 2021: AED 485,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Bluewaters Residences 1, and where 206 sits

All 17 4-beds →

206 last sold in May 2022 at AED 4,851 per sqft, 29% above what four-beds in Bluewaters Residences 1 were fetching at the time (AED 3,753).

Recent 4-bed salesUnit no.Price (AED)Summary
17 Mar 202516,900,000
29 May 202319,400,000
17 Mar 202319,100,000
8 Feb 202316,600,000
0 4-bed sales in the last 12 months

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 2nd floor

All 41 units in Bluewaters Residences 1
Value
2012-bedAED 5.8M · Sep 2022
2021-bedAED 2.3M · Nov 2018
2032-bedAED 6.8M · Nov 2024
2044-bedAED 5.75M · Apr 2019
205AED 13.7M · Nov 2025

206, Bluewaters Residences 1 in numbers

  • Sold 4 times: first on 25 December 2018 for AED 5,569,000, last on 30 May 2022 for AED 12,000,000 (AED 4,851 per sqft).
  • Rented since July 2021 on 2 Ejari contracts, from AED 485,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 0.3%, before a service charge of about AED 71,700 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 4 March 2024.

Questions about 206, Bluewaters Residences 1

What did unit 206 last sell for?

AED 12,000,000 on 30 May 2022: AED 4,851 per sqft for 2,474 sqft. The unit has 4 registered sales; the first was AED 5,569,000 in December 2018.

What is the rent for unit 206?

AED 40,000 a year on the contract signed on 4 March 2024. The previous contract, from July 2021, was AED 485,000.

How big is unit 206?

2,474 sqft (229.8 sqm): a four-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 206 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 206, Bluewaters Residences 1

Starts from the last sale price (AED 12M, 30 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 12,000,000
Deposit, UAE resident (20%)
AED 2,400,000
Deposit, non-resident (40%)
AED 4,800,000
Monthly over 25 years at 3.7%
AED 49,096

Plus AED 509,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →