2-bed · 1,608 sqftBluewaters Residences 7, Bluewaters Island · 1st floor · completed 2019

102, Bluewaters Residences 7

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 3.61M17 November 2019
Current rentAED 400K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Bluewaters Residences 7

What is 102 worth today?

Last sold for AED 3,611,000 in 2019

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18 Nov 2024RentedNew contract
AED 400,000/yr12 months · AED 249 per sqft
28 Aug 2022RentedNew contract
AED 400,000/yr12 months · AED 249 per sqft
20 May 2020RentedNew contract
AED 150,000/yr12 months · AED 94 per sqft
17 Nov 2019Sold by developerReady
AED 3,611,000AED 2,245 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
2-bed apartment
Size
1,608 sqft
Floor
1st of 15
Parking
B559
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,600 /yr
Last sold
AED 3.61M · November 2019

About 102, Bluewaters Residences 7

102 is a two-bedroom apartment of 1,608 sqft on the 1st floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 17 November 2019 for AED 3,611,000, or AED 2,245 per sqft, in line with the AED 2,269 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 18 November 2024, is AED 400,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 46,600 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in Bluewaters Residences 7
5M7.5M2018202020222024Typical sale price by year: 2018 AED 3,562,500; 2019 AED 3,638,500; 2021 AED 3,700,000; 2022 AED 7,000,000; 2023 AED 7,100,000; 2024 AED 9,000,000Sold by developer, November 2019: AED 3,611,000 (AED 2,245 per sqft)

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

Rents
Unit 102, each contractTypical two-bed in Bluewaters Residences 7
200K400K2019202120232025Typical rent by year: 2019 AED 187,500; 2020 AED 180,000; 2021 AED 290,000; 2022 AED 330,000; 2023 AED 500,000; 2024 AED 450,000; 2025 AED 390,000New contract, May 2020: AED 150,000 a yearNew contract, August 2022: AED 400,000 a yearNew contract, November 2024: AED 400,000 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 7, and where 102 sits

All 25 2-beds →

102 last sold in November 2019 at AED 2,245 per sqft, in line with what two-beds in Bluewaters Residences 7 were fetching at the time (AED 2,269). Over the last 12 months two-beds sold for AED 8,900,000 to 9,320,000, around AED 5,562 per sqft, and rent for AED 410,000 to 475,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20268,900,000
25 Feb 20259,300,000
27 Nov 20249,050,000
8 May 2024375,000
2 2-bed sales in the last 12 months

Bluewaters Residences 7

Building

77 apartments, 1-bed to 5-bed over 15 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 5,329
Typical sale
AED 8.9M
Typical rent
AED 496K /yr
Typical yield
5.1%
Bluewaters Residences 7, Bluewaters Island: prices, sales and rents →

Other units on the 1st floor

All 77 units in Bluewaters Residences 7
Value
1013-bedAED 10M · Dec 2023
1033-bedAED 8.2M · Jun 2022
1042-bedAED 9.05M · Nov 2024
1051-bedAED 4.7M · Dec 2023

102, Bluewaters Residences 7 in numbers

  • Sold once: by Blue Waters Residential on 17 November 2019 for AED 3,611,000, or AED 2,245 per sqft.
  • Rented since May 2020 on 3 Ejari contracts, from AED 150,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2019 price is 11.1%, before a service charge of about AED 46,600 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 7 sold for AED 8,900,000–9,320,000 in the 12 months to November 2026; the building's median across all types is AED 5,329 per sqft.

Source: Dubai Land Department. Updated 18 November 2024.

Questions about 102, Bluewaters Residences 7

What did unit 102 last sell for?

AED 3,611,000 on 17 November 2019, sold by the developer: AED 2,245 per sqft for 1,608 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 400,000 a year on the contract signed on 18 November 2024. The previous contract, from August 2022, was AED 400,000; the unit has been rented since May 2020.

How big is unit 102?

1,608 sqft (149.4 sqm): a two-bedroom apartment on the 1st floor of a 15-storey tower completed in 2019.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 7 sold for AED 8,900,000 to 9,320,000 in the last 12 months, around AED 5,562 per sqft.

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Mortgage on 102, Bluewaters Residences 7

Starts from the last sale price (AED 3.61M, 17 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,611,000
Deposit, UAE resident (20%)
AED 722,200
Deposit, non-resident (40%)
AED 1,444,400
Monthly over 25 years at 3.7%
AED 14,774

Plus AED 156,672 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →