3-bed · 2,033 sqftBluewaters Residences 4, Bluewaters Island · 7th floor · completed 2019

708, Bluewaters Residences 4

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 9 November 2024
Last soldAED 4.68M15 July 2019
Current rentAED 570K /yr9 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Bluewaters Residences 4

What is 708 worth today?

Last sold for AED 4,677,000 in 2019

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9 Nov 2024RentedNew contract
AED 570,000/yr12 months · AED 280 per sqft
7 Dec 2023RentedRenewal
AED 440,000/yr12 months · AED 216 per sqft
7 Dec 2022RentedRenewal
AED 420,000/yr12 months · AED 206 per sqft
7 Dec 2021RentedNew contract
AED 400,000/yr12 months · AED 197 per sqft
7 Dec 2021RentedNew contract
AED 400,000/yr12 months · AED 197 per sqft
15 Jul 2019Sold by developerReady
AED 4,677,000AED 2,300 per sqft

Source: Dubai Land Department. Updated 9 November 2024.

Key facts

Type
3-bed apartment
Size
2,033 sqft
Floor
7th of 7
Parking
B496, B498
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 58,900 /yr
Last sold
AED 4.68M · July 2019

About 708, Bluewaters Residences 4

708 is a three-bedroom apartment of 2,033 sqft on the 7th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 15 July 2019 for AED 4,677,000, or AED 2,300 per sqft, 5% above the AED 2,185 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 9 November 2024, is AED 570,000 a year: a gross yield of 12.2% on the 2019 price, before the service charge of about AED 58,900 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical three-bed in Bluewaters Residences 4
5M10M20192021202320252027Typical sale price by year: 2019 AED 4,626,000; 2020 AED 4,345,890; 2021 AED 4,350,000; 2022 AED 8,700,000; 2023 AED 10,600,000; 2026 AED 12,000,000Sold by developer, July 2019: AED 4,677,000 (AED 2,300 per sqft)

708 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 708, each contractTypical three-bed in Bluewaters Residences 4
200K400K600K202020222024Typical rent by year: 2020 AED 222,500; 2021 AED 325,000; 2022 AED 410,000; 2023 AED 448,842; 2024 AED 550,000New contract, December 2021: AED 400,000 a yearNew contract, December 2021: AED 400,000 a yearRenewal, December 2022: AED 420,000 a yearRenewal, December 2023: AED 440,000 a yearNew contract, November 2024: AED 570,000 a year

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

3-beds in Bluewaters Residences 4, and where 708 sits

All 17 3-beds →

708 last sold in July 2019 at AED 2,300 per sqft, 5% above what three-beds in Bluewaters Residences 4 were fetching at the time (AED 2,185). Over the last 12 months three-beds sold for AED 9,900,000 to 12,250,000, around AED 5,636 per sqft, and rent for AED 577,500 to 590,000 a year. 708's AED 570,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Feb 202612,250,000
12 Jan 202612,000,000
8 Jan 20269,900,000
7 Feb 20255,500,000
3 3-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 7th floor

All 78 units in Bluewaters Residences 4
Value
7013-bedAED 12M · Jan 2026
7021-bedAED 5.3M · Oct 2023
7031-bedAED 5.1M · Dec 2023
7041-bedAED 2.45M · Jul 2021
7051-bedAED 3.8M · Dec 2022
7062-bedAED 6.15M · Sep 2022
7074-bedAED 5.71M · Sep 2019
1–7 of 10

708, Bluewaters Residences 4 in numbers

  • Sold once: by Blue Waters Residential on 15 July 2019 for AED 4,677,000, or AED 2,300 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 400,000 to AED 570,000 a year.
  • At AED 570,000 a year the gross yield on the 2019 price is 12.2%, before a service charge of about AED 58,900 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 4 sold for AED 9,900,000–12,250,000 in the 12 months to November 2026; the building's median across all types is AED 5,636 per sqft.

Source: Dubai Land Department. Updated 9 November 2024.

Questions about 708, Bluewaters Residences 4

What did unit 708 last sell for?

AED 4,677,000 on 15 July 2019, sold by the developer: AED 2,300 per sqft for 2,033 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 570,000 a year on the contract signed on 9 November 2024. The previous contract, from December 2023, was AED 440,000; the unit has been rented since December 2021.

How big is unit 708?

2,033 sqft (188.9 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2019.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 4 sold for AED 9,900,000 to 12,250,000 in the last 12 months, around AED 5,636 per sqft.

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Mortgage on 708, Bluewaters Residences 4

Starts from the last sale price (AED 4.68M, 15 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,677,000
Deposit, UAE resident (20%)
AED 935,400
Deposit, non-resident (40%)
AED 1,870,800
Monthly over 25 years at 3.7%
AED 19,135

Plus AED 201,444 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →