4-bed · 5,632 sqftBluewaters Residences 1, Bluewaters Island · Ground floor · completed 2019

TH 2, Bluewaters Residences 1

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH 2 · DLD and Ejari recordsUpdated 6 February 2020
Last soldAED 11.64M6 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH 2, Bluewaters Residences 1

What is TH 2 worth today?

Last sold for AED 11,642,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Feb 2020Sold by developerReady
AED 11,642,000AED 2,067 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2020.

Key facts

Type
4-bed apartment
Size
5,632 sqft
Floor
Ground of 6
Parking
G164, G165, G169
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 163,300 /yr
Last sold
AED 11.64M · February 2020

About TH 2, Bluewaters Residences 1

TH 2 is a four-bedroom apartment of 5,632 sqft on the ground floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 6 February 2020 for AED 11,642,000, or AED 2,067 per sqft, 8% below the AED 2,251 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for TH 2 over time

Sales
Unit TH 2, 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, February 2020: AED 11,642,000 (AED 2,067 per sqft)

TH 2 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit TH 2, 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 800,000

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 TH 2 sits

All 17 4-beds →

TH 2 last sold in February 2020 at AED 2,067 per sqft, 8% below what four-beds in Bluewaters Residences 1 were fetching at the time (AED 2,251).

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 ground floor

All 41 units in Bluewaters Residences 1
Value
TH 14-bedAED 19M · Oct 2022
TH 34-bedAED 12.85M · Dec 2020
TH 44-bedAED 12.81M · Feb 2020
TH 54-bedAED 16.5M · May 2022

TH 2, Bluewaters Residences 1 in numbers

  • Sold once: by Blue Waters Residential on 6 February 2020 for AED 11,642,000, or AED 2,067 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2020.

Questions about TH 2, Bluewaters Residences 1

What did unit TH 2 last sell for?

AED 11,642,000 on 6 February 2020, sold by the developer: AED 2,067 per sqft for 5,632 sqft. It is the only registered sale of the unit.

How big is unit TH 2?

5,632 sqft (523.2 sqm): a four-bedroom apartment on the ground floor of a 6-storey tower completed in 2019.

What is unit TH 2 worth today?

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

Selling TH 2? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH 2, Bluewaters Residences 1

Starts from the last sale price (AED 11.64M, 6 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 11,642,000
Deposit, UAE resident (20%)
AED 2,328,400
Deposit, non-resident (40%)
AED 4,656,800
Monthly over 25 years at 3.7%
AED 47,631

Plus AED 493,974 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →