4-bed · 6,363 sqftBluewaters Residences 1, Bluewaters Island · Ground floor · completed 2019

TH 4, Bluewaters Residences 1

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH 4 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 12.81M12 February 2020
Current rentAED 1.5M /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH 4, Bluewaters Residences 1

What is TH 4 worth today?

Last sold for AED 12,809,700 in 2020

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10 Oct 2024RentedNew contract
AED 1,500,000/yr24 months · AED 236 per sqft
12 Feb 2020Sold by developerReady
AED 12,809,700AED 2,013 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Key facts

Type
4-bed apartment
Size
6,363 sqft
Floor
Ground of 6
Parking
G173, G174, G175
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 184,500 /yr
Last sold
AED 12.81M · February 2020

About TH 4, Bluewaters Residences 1

TH 4 is a four-bedroom apartment of 6,363 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 12 February 2020 for AED 12,809,700, or AED 2,013 per sqft, 10% below the AED 2,249 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2024. The current contract, signed on 10 October 2024, is AED 1,500,000 a year: a gross yield of 11.7% on the 2020 price, before the service charge of about AED 184,500 a year.

Sales and rents for TH 4 over time

Sales
Unit TH 4, 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 12,809,700 (AED 2,013 per sqft)

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

Rents
Unit TH 4, each contractTypical four-bed in Bluewaters Residences 1
1M202020222024Typical rent by year: 2020 AED 315,000; 2021 AED 485,000; 2022 AED 1,000,000; 2024 AED 800,000New contract, October 2024: AED 1,500,000 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 TH 4 sits

All 17 4-beds →

TH 4 last sold in February 2020 at AED 2,013 per sqft, 10% below what four-beds in Bluewaters Residences 1 were fetching at the time (AED 2,249).

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 24-bedAED 11.64M · Feb 2020
TH 34-bedAED 12.85M · Dec 2020
TH 54-bedAED 16.5M · May 2022

TH 4, Bluewaters Residences 1 in numbers

  • Sold once: by Blue Waters Residential on 12 February 2020 for AED 12,809,700, or AED 2,013 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 1,500,000 a year.
  • At AED 1,500,000 a year the gross yield on the 2020 price is 11.7%, before a service charge of about AED 184,500 a year (AED 28.99 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Questions about TH 4, Bluewaters Residences 1

What did unit TH 4 last sell for?

AED 12,809,700 on 12 February 2020, sold by the developer: AED 2,013 per sqft for 6,363 sqft. It is the only registered sale of the unit.

What is the rent for unit TH 4?

AED 1,500,000 a year on the contract signed on 10 October 2024.

How big is unit TH 4?

6,363 sqft (591.1 sqm): a four-bedroom apartment on the ground floor of a 6-storey tower completed in 2019.

What is unit TH 4 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 TH 4, Bluewaters Residences 1

Starts from the last sale price (AED 12.81M, 12 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 12,809,700
Deposit, UAE resident (20%)
AED 2,561,940
Deposit, non-resident (40%)
AED 5,123,880
Monthly over 25 years at 3.7%
AED 52,408

Plus AED 543,017 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →