2-bed · 1,503 sqftBluewaters Residences 8, Bluewaters Island · 7th floor · completed 2019

705, Bluewaters Residences 8

Sold prices and rental history: sold 4 times, last in January 2025, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 16 January 2025
Last soldAED 9.5M16 January 2025
Current rentAED 350K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Bluewaters Residences 8

What is 705 worth today?

Last sold for AED 9,500,000 in 2025

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16 Jan 2025SoldReady
AED 9,500,000AED 6,321 per sqft
5 Dec 2024SoldReady
AED 8,600,000AED 5,722 per sqft
19 Mar 2024SoldReady
AED 7,000,000AED 4,658 per sqft
15 Jun 2022RentedNew contract
AED 350,000/yr12 months · AED 232 per sqft
10 Sep 2018Sold by developerOff-plan
AED 3,093,000AED 2,058 per sqft

Source: Dubai Land Department. Updated 16 January 2025.

Key facts

Type
2-bed apartment
Size
1,503 sqft
Floor
7th of 16
Parking
G398
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,600 /yr
Last sold
AED 9.5M · January 2025

About 705, Bluewaters Residences 8

705 is a two-bedroom apartment of 1,503 sqft on the 7th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 16 January 2025 for AED 9,500,000, or AED 6,321 per sqft, 26% above the AED 5,014 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 June 2022. The current contract, signed on 15 June 2022, is AED 350,000 a year: a gross yield of 3.7% on the 2025 price, before the service charge of about AED 43,600 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Bluewaters Residences 8
5M10M2017202020232026Typical 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 2018: AED 3,093,000 (AED 2,058 per sqft)Sold, March 2024: AED 7,000,000 (AED 4,658 per sqft)Sold, December 2024: AED 8,600,000 (AED 5,722 per sqft)Sold, January 2025: AED 9,500,000 (AED 6,321 per sqft)

705 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, 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 2022: AED 350,000 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 705 sits

All 54 2-beds →

705 last sold in January 2025 at AED 6,321 per sqft, 26% above what two-beds in Bluewaters Residences 8 were fetching at the time (AED 5,014). 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. 705's AED 350,000 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 7th floor

All 85 units in Bluewaters Residences 8
Value
7013-bedAED 15M · May 2024
7022-bedAED 4.05M · Nov 2017
7033-bedAED 13M · Aug 2023
7042-bedAED 5.53M · Nov 2022
7062-bedAED 6.42M · Dec 2022

705, Bluewaters Residences 8 in numbers

  • Sold 4 times: first on 10 September 2018 for AED 3,093,000, last on 16 January 2025 for AED 9,500,000 (AED 6,321 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2025 price is 3.7%, before a service charge of about AED 43,600 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 16 January 2025.

Questions about 705, Bluewaters Residences 8

What did unit 705 last sell for?

AED 9,500,000 on 16 January 2025: AED 6,321 per sqft for 1,503 sqft. The unit has 4 registered sales; the first was AED 3,093,000 in September 2018.

What is the rent for unit 705?

AED 350,000 a year on the contract signed on 15 June 2022.

How big is unit 705?

1,503 sqft (139.6 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2019.

What is unit 705 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 705, Bluewaters Residences 8

Starts from the last sale price (AED 9.5M, 16 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 9,500,000
Deposit, UAE resident (20%)
AED 1,900,000
Deposit, non-resident (40%)
AED 3,800,000
Monthly over 25 years at 3.7%
AED 38,867

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →