2-bed · 1,667 sqftBluewaters Residences 8, Bluewaters Island · 8th floor · completed 2019

806, Bluewaters Residences 8

Sold prices and rental history: sold twice, last in January 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 4M15 January 2024
Current rentAED 400K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Bluewaters Residences 8

What is 806 worth today?

Last sold for AED 4,000,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jan 2024SoldReady
AED 4,000,000AED 2,399 per sqft
1 Oct 2023RentedNew contract
AED 400,000/yr24 months · AED 240 per sqft
18 Apr 2022RentedNew contract
AED 400,000/yr12 months · AED 240 per sqft
31 Aug 2019RentedNew contract
AED 115,000/yr12 months · AED 69 per sqft
5 Aug 2019Sold by developerReady
AED 3,530,000AED 2,117 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
8th of 16
Parking
B224
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,300 /yr
Last sold
AED 4M · January 2024

About 806, Bluewaters Residences 8

806 is a two-bedroom apartment of 1,667 sqft on the 8th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 15 January 2024 for AED 4,000,000, or AED 2,399 per sqft, 45% below the AED 4,371 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 October 2023, is AED 400,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 48,300 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, August 2019: AED 3,530,000 (AED 2,117 per sqft)Sold, January 2024: AED 4,000,000 (AED 2,399 per sqft)

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

Rents
Unit 806, 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, August 2019: AED 115,000 a yearNew contract, April 2022: AED 400,000 a yearNew contract, October 2023: AED 400,000 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 806 sits

All 54 2-beds →

806 last sold in January 2024 at AED 2,399 per sqft, 45% below what two-beds in Bluewaters Residences 8 were fetching at the time (AED 4,371). 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. 806's AED 400,000 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 8th floor

All 85 units in Bluewaters Residences 8
Value
8013-bedAED 7.65M · Apr 2022
8022-bedAED 4.85M · Dec 2021
8033-bedAED 9.1M · Mar 2022
8042-bedAED 3.65M · Nov 2021
8052-bedAED 4.08M · Jan 2022

806, Bluewaters Residences 8 in numbers

  • Sold twice: first on 5 August 2019 for AED 3,530,000, last on 15 January 2024 for AED 4,000,000 (AED 2,399 per sqft).
  • Rented since August 2019 on 3 Ejari contracts, from AED 115,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 48,300 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 15 January 2024.

Questions about 806, Bluewaters Residences 8

What did unit 806 last sell for?

AED 4,000,000 on 15 January 2024: AED 2,399 per sqft for 1,667 sqft. The unit has 2 registered sales; the first was AED 3,530,000 in August 2019.

What is the rent for unit 806?

AED 400,000 a year on the contract signed on 1 October 2023. The previous contract, from April 2022, was AED 400,000; the unit has been rented since August 2019.

How big is unit 806?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the 8th floor of a 16-storey tower completed in 2019.

What is unit 806 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.

Selling 806? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 806, Bluewaters Residences 8

Starts from the last sale price (AED 4M, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →