2-bed · 1,465 sqftBluewaters Residences 4, Bluewaters Island · 1st floor · completed 2019

103, Bluewaters Residences 4

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 6.7M24 January 2024
Current rentAED 160K /yr3 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Bluewaters Residences 4

What is 103 worth today?

Last sold for AED 6,700,000 in 2024

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24 Jan 2024SoldReady
AED 6,700,000AED 4,573 per sqft
2 Nov 2022SoldReady
AED 5,100,000AED 3,481 per sqft
3 Sep 2020RentedNew contract
AED 160,000/yr12 months · AED 109 per sqft
5 Oct 2019RentedNew contract
AED 160,000/yr12 months · AED 109 per sqft
31 Jul 2019Sold by developerReady
AED 2,836,000AED 1,935 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
2-bed apartment
Size
1,465 sqft
Floor
1st of 7
Parking
B194
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 42,500 /yr
Last sold
AED 6.7M · January 2024

About 103, Bluewaters Residences 4

103 is a two-bedroom apartment of 1,465 sqft on the 1st floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 24 January 2024 for AED 6,700,000, or AED 4,573 per sqft, in line with the AED 4,573 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 3 September 2020, is AED 160,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 42,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Bluewaters Residences 4
5M10M2019202120232025Typical sale price by year: 2019 AED 3,327,500; 2021 AED 3,550,000; 2022 AED 5,600,000; 2023 AED 6,650,000; 2024 AED 7,950,000; 2025 AED 10,500,000Sold by developer, July 2019: AED 2,836,000 (AED 1,935 per sqft)Sold, November 2022: AED 5,100,000 (AED 3,481 per sqft)Sold, January 2024: AED 6,700,000 (AED 4,573 per sqft)

103 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in Bluewaters Residences 4
200K400K20192021202320252027Typical rent by year: 2019 AED 190,000; 2020 AED 165,000; 2021 AED 210,000; 2022 AED 299,196; 2023 AED 460,000; 2024 AED 440,000; 2025 AED 400,000; 2026 AED 320,000New contract, October 2019: AED 160,000 a yearNew contract, September 2020: AED 160,000 a year

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

2-beds in Bluewaters Residences 4, and where 103 sits

All 27 2-beds →

103 last sold in January 2024 at AED 4,573 per sqft, in line with what two-beds in Bluewaters Residences 4 were fetching at the time (AED 4,573). 103's AED 160,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Apr 202510,000,000
21 Feb 202511,000,000
11 Feb 202510,500,000
19 Dec 20247,500,000
0 2-bed sales in the last 12 months

Bluewaters Residences 4

Building

78 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 5,636
Typical sale
AED 12M
Typical rent
AED 489K /yr
Typical yield
4.9%
Bluewaters Residences 4, Bluewaters Island: prices, sales and rents →

Other units on the 1st floor

All 78 units in Bluewaters Residences 4
Value
1012-bedAED 3.8M · Apr 2021
1021-bedAED 4.7M · Oct 2023
1042-bedAED 2.91M · Oct 2019
1052-bedAED 5.6M · Jun 2022
106AED 10.1M · Oct 2025
1072-bedAED 3.04M · Jul 2019
1081-bedAED 3M · Jan 2024
1–7 of 9

103, Bluewaters Residences 4 in numbers

  • Sold 3 times: first on 31 July 2019 for AED 2,836,000, last on 24 January 2024 for AED 6,700,000 (AED 4,573 per sqft).
  • Rented since October 2019 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 2.4%, before a service charge of about AED 42,500 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 24 January 2024.

Questions about 103, Bluewaters Residences 4

What did unit 103 last sell for?

AED 6,700,000 on 24 January 2024: AED 4,573 per sqft for 1,465 sqft. The unit has 3 registered sales; the first was AED 2,836,000 in July 2019.

What is the rent for unit 103?

AED 160,000 a year on the contract signed on 3 September 2020. The previous contract, from October 2019, was AED 160,000.

How big is unit 103?

1,465 sqft (136.1 sqm): a two-bedroom apartment on the 1st floor of a 7-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 4

Starts from the last sale price (AED 6.7M, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,700,000
Deposit, UAE resident (20%)
AED 1,340,000
Deposit, non-resident (40%)
AED 2,680,000
Monthly over 25 years at 3.7%
AED 27,412

Plus AED 286,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →