1-bed · 913 sqftGrand Bleu Towers 1, Dubai Harbour · Ground floor · completed 2023

M04, Grand Bleu Towers 1

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M04 · DLD and Ejari recordsUpdated 12 July 2022
Last soldAED 2.51M12 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M04, Grand Bleu Towers 1

What is M04 worth today?

Last sold for AED 2,506,371 in 2022

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12 Jul 2022Sold by developerOff-plan
AED 2,506,371AED 2,743 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2022.

Key facts

Type
1-bed apartment
Size
913 sqft
Floor
Ground of 45
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 2.51M · July 2022

About M04, Grand Bleu Towers 1

M04 is a one-bedroom apartment of 913 sqft on the ground floor of Grand Bleu Towers 1, a 45-storey tower in Dubai Harbour completed in 2023 by Emaar. The developer sold it on 12 July 2022 for AED 2,506,371, or AED 2,743 per sqft, 5% below the AED 2,874 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for M04 over time

Sales
Unit M04, each saleTypical one-bed in Grand Bleu Towers 1
2M2.5M20192021202320252027Typical sale price by year: 2019 AED 1,755,388; 2020 AED 1,762,388; 2021 AED 2,356,888; 2022 AED 2,286,181; 2023 AED 2,272,500; 2024 AED 2,800,000; 2025 AED 2,600,000; 2026 AED 2,700,000Sold by developer, July 2022: AED 2,506,371 (AED 2,743 per sqft)

M04 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Grand Bleu Towers 1, and where M04 sits

All 114 1-beds →

M04 last sold in July 2022 at AED 2,743 per sqft, 5% below what one-beds in Grand Bleu Towers 1 were fetching at the time (AED 2,874). Over the last 12 months one-beds sold for AED 2,480,000 to 3,770,000, around AED 3,378 per sqft, and rent for AED 155,000 to 160,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20262,525,000
4 Feb 20262,700,000
26 Jan 20263,770,000
15 Jan 20262,480,000
5 1-bed sales in the last 12 months

Grand Bleu Towers 1

Building

345 apartments, 1-bed to 4-bed over 45 floors in Dubai Harbour, completed in 2023 by Emaar. 16 sold in the last 12 months.

Typical price per sqft
AED 4,237 Up 10.2%
Typical sale
AED 5.59M
Typical rent
AED 330K /yr
Typical yield
5.0%
Grand Bleu Towers 1, Dubai Harbour: prices, sales and rents →

Other units on the ground floor

All 345 units in Grand Bleu Towers 1
Value
M012-bedAED 4.19M · Dec 2021
M021-bedAED 2.29M · Jun 2022
M031-bedAED 2.41M · Apr 2022
M051-bedAED 1.97M · Jul 2022
M061-bedAED 1.98M · Jun 2022
M071-bedAED 2.72M · Jan 2022

M04, Grand Bleu Towers 1 in numbers

  • Sold once: by Emaar on 12 July 2022 for AED 2,506,371, or AED 2,743 per sqft.
  • One-beds in Grand Bleu Towers 1 sold for AED 2,480,000–3,770,000 in the 12 months to November 2026; the building's median across all types is AED 4,237 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2022.

Questions about M04, Grand Bleu Towers 1

What did unit M04 last sell for?

AED 2,506,371 on 12 July 2022, sold by the developer: AED 2,743 per sqft for 913 sqft. It is the only registered sale of the unit.

How big is unit M04?

913 sqft (84.8 sqm): a one-bedroom apartment on the ground floor of a 45-storey tower completed in 2023.

What is unit M04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Grand Bleu Towers 1 sold for AED 2,480,000 to 3,770,000 in the last 12 months, around AED 3,378 per sqft.

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Mortgage on M04, Grand Bleu Towers 1

Starts from the last sale price (AED 2.51M, 12 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,506,371
Deposit, UAE resident (20%)
AED 501,274
Deposit, non-resident (40%)
AED 1,002,548
Monthly over 25 years at 3.7%
AED 10,254

Plus AED 110,278 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →