2-bed · 1,946 sqftBluewaters Residences 4, Bluewaters Island · 1st floor · completed 2019

111, Bluewaters Residences 4

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 7.8M28 April 2023
Current rentAED 180K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Bluewaters Residences 4

What is 111 worth today?

Last sold for AED 7,800,000 in 2023

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28 Apr 2023SoldReady
AED 7,800,000AED 4,007 per sqft
14 Mar 2023SoldReady
AED 6,000,000AED 3,082 per sqft
1 Sep 2022RentedRenewal
AED 180,000/yr5 months · AED 92 per sqft
1 Sep 2021RentedRenewal
AED 165,000/yr12 months · AED 85 per sqft
1 Sep 2020RentedRenewal
AED 145,000/yr12 months · AED 74 per sqft
2 Sep 2019Sold by developerReady
AED 3,698,000AED 1,900 per sqft
1 Sep 2019RentedNew contract
AED 155,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
2-bed apartment
Size
1,946 sqft
Floor
1st of 7
Parking
B200
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 56,400 /yr
Last sold
AED 7.8M · April 2023

About 111, Bluewaters Residences 4

111 is a two-bedroom apartment of 1,946 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 28 April 2023 for AED 7,800,000, or AED 4,007 per sqft, 9% above the AED 3,661 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 180,000 a year: a gross yield of 2.3% on the 2023 price, before the service charge of about AED 56,400 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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, September 2019: AED 3,698,000 (AED 1,900 per sqft)Sold, March 2023: AED 6,000,000 (AED 3,082 per sqft)Sold, April 2023: AED 7,800,000 (AED 4,007 per sqft)

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

Rents
Unit 111, 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, September 2019: AED 155,000 a yearRenewal, September 2020: AED 145,000 a yearRenewal, September 2021: AED 165,000 a yearRenewal, September 2022: AED 180,000 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 111 sits

All 27 2-beds →

111 last sold in April 2023 at AED 4,007 per sqft, 9% above what two-beds in Bluewaters Residences 4 were fetching at the time (AED 3,661). 111's AED 180,000 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
1032-bedAED 6.7M · Jan 2024
1042-bedAED 2.91M · Oct 2019
1052-bedAED 5.6M · Jun 2022
106AED 10.1M · Oct 2025
1072-bedAED 3.04M · Jul 2019
1–7 of 9

111, Bluewaters Residences 4 in numbers

  • Sold 3 times: first on 2 September 2019 for AED 3,698,000, last on 28 April 2023 for AED 7,800,000 (AED 4,007 per sqft).
  • Rented since September 2019 on 4 Ejari contracts, from AED 155,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 2.3%, before a service charge of about AED 56,400 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 28 April 2023.

Questions about 111, Bluewaters Residences 4

What did unit 111 last sell for?

AED 7,800,000 on 28 April 2023: AED 4,007 per sqft for 1,946 sqft. The unit has 3 registered sales; the first was AED 3,698,000 in September 2019.

What is the rent for unit 111?

AED 180,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 165,000; the unit has been rented since September 2019.

How big is unit 111?

1,946 sqft (180.8 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2019.

What is unit 111 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 111, Bluewaters Residences 4

Starts from the last sale price (AED 7.8M, 28 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,800,000
Deposit, UAE resident (20%)
AED 1,560,000
Deposit, non-resident (40%)
AED 3,120,000
Monthly over 25 years at 3.7%
AED 31,912

Plus AED 332,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →