2-bed · 1,586 sqftBluewaters Residences 7, Bluewaters Island · 12th floor · completed 2019

1202, Bluewaters Residences 7

Sold prices and rental history: sold twice, last in September 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 19 December 2021
Last soldAED 4.11M9 September 2019
Current rentAED 340K /yr19 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Bluewaters Residences 7

What is 1202 worth today?

Last sold for AED 4,113,263 in 2019

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19 Dec 2021RentedNew contract
AED 340,000/yr12 months · AED 215 per sqft
19 Jul 2021RentedNew contract
AED 295,000/yr12 months · AED 186 per sqft
9 Sep 2019SoldReady
AED 4,113,263AED 2,593 per sqft
26 Jul 2018Sold by developerOff-plan
AED 3,576,750AED 2,254 per sqft

Source: Dubai Land Department. Updated 19 December 2021.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
12th of 15
Parking
B701
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,000 /yr
Last sold
AED 4.11M · September 2019

About 1202, Bluewaters Residences 7

1202 is a two-bedroom apartment of 1,586 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 9 September 2019 for AED 4,113,263, or AED 2,593 per sqft, 17% above the AED 2,219 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 19 December 2021, is AED 340,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 46,000 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, July 2018: AED 3,576,750 (AED 2,254 per sqft)Sold, September 2019: AED 4,113,263 (AED 2,593 per sqft)

1202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, 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, July 2021: AED 295,000 a yearNew contract, December 2021: AED 340,000 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 1202 sits

All 25 2-beds →

1202 last sold in September 2019 at AED 2,593 per sqft, 17% above what two-beds in Bluewaters Residences 7 were fetching at the time (AED 2,219). 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 12th floor

All 77 units in Bluewaters Residences 7
Value
12013-bedAED 11.5M · Feb 2023
12033-bedAED 14M · Jun 2025
12043-bedAED 12.45M · Apr 2025
12051-bedAED 2.77M · Apr 2021
12062-bedAED 8.9M · Feb 2026

1202, Bluewaters Residences 7 in numbers

  • Sold twice: first on 26 July 2018 for AED 3,576,750, last on 9 September 2019 for AED 4,113,263 (AED 2,593 per sqft).
  • Rented since July 2021 on 2 Ejari contracts, from AED 295,000 to AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 46,000 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 19 December 2021.

Questions about 1202, Bluewaters Residences 7

What did unit 1202 last sell for?

AED 4,113,263 on 9 September 2019: AED 2,593 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 3,576,750 in July 2018.

What is the rent for unit 1202?

AED 340,000 a year on the contract signed on 19 December 2021. The previous contract, from July 2021, was AED 295,000.

How big is unit 1202?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2019.

What is unit 1202 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 1202, Bluewaters Residences 7

Starts from the last sale price (AED 4.11M, 9 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,113,263
Deposit, UAE resident (20%)
AED 822,653
Deposit, non-resident (40%)
AED 1,645,305
Monthly over 25 years at 3.7%
AED 16,829

Plus AED 177,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →