2-bed · 1,603 sqftBluewaters Residences 8, Bluewaters Island · 3rd floor · completed 2019

302, Bluewaters Residences 8

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 3.99M11 July 2018
Current rentAED 380K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Bluewaters Residences 8

What is 302 worth today?

Last sold for AED 3,993,000 in 2018

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8 Oct 2024RentedNew contract
AED 380,000/yr12 months · AED 237 per sqft
25 Jun 2022RentedRenewal
AED 159,500/yr6 months · AED 99 per sqft
25 Jun 2020RentedNew contract
AED 135,000/yr12 months · AED 84 per sqft
1 Jun 2019RentedNew contract
AED 150,000/yr12 months · AED 94 per sqft
11 Jul 2018Sold by developerOff-plan
AED 3,993,000AED 2,490 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
2-bed apartment
Size
1,603 sqft
Floor
3rd of 16
Parking
B726
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,500 /yr
Last sold
AED 3.99M · July 2018

About 302, Bluewaters Residences 8

302 is a two-bedroom apartment of 1,603 sqft on the 3rd floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 11 July 2018 for AED 3,993,000, or AED 2,490 per sqft, in line with the AED 2,519 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 8 October 2024, is AED 380,000 a year: a gross yield of 9.5% on the 2018 price, before the service charge of about AED 46,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, July 2018: AED 3,993,000 (AED 2,490 per sqft)

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

Rents
Unit 302, 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, June 2019: AED 150,000 a yearNew contract, June 2020: AED 135,000 a yearRenewal, June 2022: AED 159,500 a yearNew contract, October 2024: AED 380,000 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 302 sits

All 54 2-beds →

302 last sold in July 2018 at AED 2,490 per sqft, in line with what two-beds in Bluewaters Residences 8 were fetching at the time (AED 2,519). 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. 302's AED 380,000 is in the lower 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 3rd floor

All 85 units in Bluewaters Residences 8
Value
3013-bedAED 13M · Mar 2025
3033-bedAED 5.13M · Apr 2019
3042-bedAED 3.1M · Nov 2019
3052-bedAED 7.8M · Feb 2023
3062-bedAED 9.5M · Jan 2024

302, Bluewaters Residences 8 in numbers

  • Sold once: by Blue Waters Residential on 11 July 2018 for AED 3,993,000, or AED 2,490 per sqft.
  • Rented since June 2019 on 4 Ejari contracts, from AED 150,000 to AED 380,000 a year.
  • At AED 380,000 a year the gross yield on the 2018 price is 9.5%, before a service charge of about AED 46,500 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 8 October 2024.

Questions about 302, Bluewaters Residences 8

What did unit 302 last sell for?

AED 3,993,000 on 11 July 2018, sold by the developer: AED 2,490 per sqft for 1,603 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 380,000 a year on the contract signed on 8 October 2024. The previous contract, from June 2022, was AED 159,500; the unit has been rented since June 2019.

How big is unit 302?

1,603 sqft (148.9 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2019.

What is unit 302 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 302, Bluewaters Residences 8

Starts from the last sale price (AED 3.99M, 11 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,993,000
Deposit, UAE resident (20%)
AED 798,600
Deposit, non-resident (40%)
AED 1,597,200
Monthly over 25 years at 3.7%
AED 16,337

Plus AED 172,716 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →