1201, Bluewaters Residences 7
Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Bluewaters Residences 7
What is 1201 worth today?
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Source: Dubai Land Department. Updated 28 February 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,112 sqft
- Floor
- 12th of 15
- Parking
- B588, B590
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 61,200 /yr
- Last sold
- AED 11.5M · February 2023
- Building
- Bluewaters Residences 7
About 1201, Bluewaters Residences 7
1201 is a three-bedroom apartment of 2,112 sqft on the 12th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 28 February 2023 for AED 11,500,000, or AED 5,445 per sqft, 21% above the AED 4,499 three-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 17 April 2022, is AED 270,000 a year: a gross yield of 2.4% on the 2023 price, before the service charge of about AED 61,200 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 7, and where 1201 sits
All 36 3-beds →1201 last sold in February 2023 at AED 5,445 per sqft, 21% above what three-beds in Bluewaters Residences 7 were fetching at the time (AED 4,499). Over the last 12 months three-beds sold for AED 12,600,000, around AED 5,973 per sqft, and rent for AED 516,923 to 580,000 a year. 1201's AED 270,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202521 July 2025 | 1,935 sqft | 8,300,000 | 4,290 | ||
| 16 Jun 202516 June 2025 | 2,109 sqft | 14,000,000 | 6,637 | ||
| 10 Jun 202510 June 2025 | 2,045 sqft | 10,300,000 | 5,035 | ||
| 21 Apr 202521 April 2025 | 2,045 sqft | 12,200,000 | 5,964 |
Bluewaters Residences 7
Building77 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%
Other units on the 12th floor
All 77 units in Bluewaters Residences 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,586 sqft | AED 4.11MAED 4,113,263 · Sep 2019September 2019 | 340,000 /yr | |
| 1203 | 3-bed | 2,109 sqft | AED 14MAED 14,000,000 · Jun 2025June 2025 | 420,000 /yr | |
| 1204 | 3-bed | 2,045 sqft | AED 12.45MAED 12,450,000 · Apr 2025April 2025 | 650,000 /yr | |
| 1205 | 1-bed | 1,154 sqft | AED 2.77MAED 2,766,210 · Apr 2021April 2021 | 125,938 /yr | |
| 1206 | 2-bed | 1,670 sqft | AED 8.9MAED 8,900,000 · Feb 2026February 2026 | 360,000 /yr |
1201, Bluewaters Residences 7 in numbers
- Sold 3 times: first on 26 July 2018 for AED 4,557,150, last on 28 February 2023 for AED 11,500,000 (AED 5,445 per sqft).
- Rented since June 2019 on 4 Ejari contracts, from AED 245,000 to AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2023 price is 2.4%, before a service charge of about AED 61,200 a year (AED 28.99 per sqft).
- Three-beds in Bluewaters Residences 7 sold for AED 12,600,000–12,600,000 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 28 February 2023.
Questions about 1201, Bluewaters Residences 7
What did unit 1201 last sell for?
AED 11,500,000 on 28 February 2023: AED 5,445 per sqft for 2,112 sqft. The unit has 3 registered sales; the first was AED 4,557,150 in July 2018.
What is the rent for unit 1201?
AED 270,000 a year on the contract renewed on 17 April 2022. The previous contract, from April 2021, was AED 270,000; the unit has been rented since June 2019.
How big is unit 1201?
2,112 sqft (196.2 sqm): a three-bedroom apartment on the 12th floor of a 15-storey tower completed in 2019.
What is unit 1201 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 7 sold for AED 12,600,000 to 12,600,000 in the last 12 months, around AED 5,973 per sqft.
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Mortgage on 1201, Bluewaters Residences 7
Starts from the last sale price (AED 11.5M, 28 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 11,500,000
- Deposit, UAE resident (20%)
- AED 2,300,000
- Deposit, non-resident (40%)
- AED 4,600,000
- Monthly over 25 years at 3.7%
- AED 47,050
Plus AED 488,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →