2-bed · 1,584 sqftBluewaters Residences 8, Bluewaters Island · 13th floor · completed 2019

1302, Bluewaters Residences 8

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 24 December 2024
Last soldAED 7.5M21 June 2022
Current rentAED 430K /yr24 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Bluewaters Residences 8

What is 1302 worth today?

Last sold for AED 7,500,000 in 2022

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24 Dec 2024RentedNew contract
AED 430,000/yr12 months · AED 271 per sqft
10 Nov 2024RentedRenewal
AED 117,000/yr12 months · AED 74 per sqft
10 Nov 2023RentedNew contract
AED 460,000/yr6 months · AED 291 per sqft
10 Nov 2022RentedNew contract
AED 400,000/yr12 months · AED 253 per sqft
21 Jun 2022SoldReady
AED 7,500,000AED 4,735 per sqft
16 Dec 2020RentedRenewal
AED 235,000/yr12 months · AED 149 per sqft
16 Dec 2019RentedNew contract
AED 235,000/yr12 months · AED 149 per sqft
27 Sep 2017Sold by developerOff-plan
AED 4,164,000AED 2,628 per sqft

Source: Dubai Land Department. Updated 24 December 2024.

Key facts

Type
2-bed apartment
Size
1,584 sqft
Floor
13th of 16
Parking
B213
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 45,900 /yr
Last sold
AED 7.5M · June 2022

About 1302, Bluewaters Residences 8

1302 is a two-bedroom apartment of 1,584 sqft on the 13th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 21 June 2022 for AED 7,500,000, or AED 4,735 per sqft, 80% above the AED 2,625 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 24 December 2024, is AED 430,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 45,900 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical two-bed in Bluewaters Residences 8
5M7.5M2017202020232026Typical sale price by year: 2017 AED 4,100,500; 2018 AED 3,679,500; 2019 AED 3,479,000; 2020 AED 3,353,055; 2021 AED 3,650,000; 2022 AED 5,462,500; 2023 AED 7,100,000; 2024 AED 7,650,000; 2025 AED 8,000,000Sold by developer, September 2017: AED 4,164,000 (AED 2,628 per sqft)Sold, June 2022: AED 7,500,000 (AED 4,735 per sqft)

1302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, each contractTypical two-bed in Bluewaters Residences 8
200K400K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 160,000; 2021 AED 178,000; 2022 AED 330,000; 2023 AED 385,000; 2024 AED 420,000; 2025 AED 420,000; 2026 AED 500,000New contract, December 2019: AED 235,000 a yearRenewal, December 2020: AED 235,000 a yearNew contract, November 2022: AED 400,000 a yearNew contract, November 2023: AED 460,000 a yearRenewal, November 2024: AED 117,000 a yearNew contract, December 2024: AED 430,000 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 8, and where 1302 sits

All 54 2-beds →

1302 last sold in June 2022 at AED 4,735 per sqft, 80% above what two-beds in Bluewaters Residences 8 were fetching at the time (AED 2,625). Over the last 12 months two-beds sold for AED 7,150,000 to 11,300,000, around AED 5,866 per sqft, and rent for AED 300,000 to 520,000 a year. 1302's AED 430,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jan 20267,150,000
8 Jan 202611,300,000
24 Jul 20259,100,000
11 Jun 20256,650,000
3 2-bed sales in the last 12 months

Bluewaters Residences 8

Building

85 apartments, 1-bed to 5-bed over 16 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 6 sold in the last 12 months.

Typical price per sqft
AED 5,933
Typical sale
AED 10.65M
Typical rent
AED 475K /yr
Typical yield
4.7%
Bluewaters Residences 8, Bluewaters Island: prices, sales and rents →

Other units on the 13th floor

All 85 units in Bluewaters Residences 8
Value
13013-bedAED 15.6M · Oct 2023
13033-bedAED 16.25M · May 2024
13042-bedAED 4.6M · Jun 2021
13052-bedAED 3.25M · Jun 2018
13062-bedAED 3.69M · Jun 2018

1302, Bluewaters Residences 8 in numbers

  • Sold twice: first on 27 September 2017 for AED 4,164,000, last on 21 June 2022 for AED 7,500,000 (AED 4,735 per sqft).
  • Rented since December 2019 on 6 Ejari contracts. The rent fell from AED 235,000 to AED 117,000 in 2024 and recovered to AED 430,000 by December 2024.
  • At AED 430,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 45,900 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 8 sold for AED 7,150,000–11,300,000 in the 12 months to November 2026; the building's median across all types is AED 5,933 per sqft.

Source: Dubai Land Department. Updated 24 December 2024.

Questions about 1302, Bluewaters Residences 8

What did unit 1302 last sell for?

AED 7,500,000 on 21 June 2022: AED 4,735 per sqft for 1,584 sqft. The unit has 2 registered sales; the first was AED 4,164,000 in September 2017.

What is the rent for unit 1302?

AED 430,000 a year on the contract signed on 24 December 2024. The previous contract, from November 2024, was AED 117,000; the unit has been rented since December 2019.

How big is unit 1302?

1,584 sqft (147.2 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2019.

What is unit 1302 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 8 sold for AED 7,150,000 to 11,300,000 in the last 12 months, around AED 5,866 per sqft.

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Mortgage on 1302, Bluewaters Residences 8

Starts from the last sale price (AED 7.5M, 21 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,500,000
Deposit, UAE resident (20%)
AED 1,500,000
Deposit, non-resident (40%)
AED 3,000,000
Monthly over 25 years at 3.7%
AED 30,685

Plus AED 320,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →