2-bed · 1,550 sqftGrand Bleu Towers 2, Dubai Harbour · Ground floor · completed 2023

M01, Grand Bleu Towers 2

Sold prices and rental history: sold 3 times, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M01 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 5.9M14 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M01, Grand Bleu Towers 2

What is M01 worth today?

Last sold for AED 5,900,000 in 2023

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14 Sep 2023SoldOff-plan
AED 5,900,000AED 3,800 per sqft
10 May 2023SoldOff-plan
AED 4,800,000AED 3,090 per sqft
12 Oct 2021Sold by developerOff-plan
AED 4,412,888AED 2,841 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 September 2023.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
Ground of 26
Parking
M-83
Developer
Emaar
Completed
2023
Last sold
AED 5.9M · September 2023

About M01, Grand Bleu Towers 2

M01 is a two-bedroom apartment of 1,550 sqft on the ground floor of Grand Bleu Towers 2, a 26-storey tower in Dubai Harbour completed in 2023 by Emaar. It last sold on 14 September 2023 for AED 5,900,000, or AED 3,800 per sqft, 8% above the AED 3,533 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for M01 over time

Sales
Unit M01, each saleTypical two-bed in Grand Bleu Towers 2
4M5M6M202120232025Typical sale price by year: 2021 AED 4,042,888; 2022 AED 4,123,888; 2023 AED 4,900,000; 2024 AED 5,225,000; 2025 AED 4,800,000Sold by developer, October 2021: AED 4,412,888 (AED 2,841 per sqft)Sold, May 2023: AED 4,800,000 (AED 3,090 per sqft)Sold, September 2023: AED 5,900,000 (AED 3,800 per sqft)

M01 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit M01, each contractTypical two-bed in Grand Bleu Towers 2
260K280K300K202520262027Typical rent by year: 2025 AED 295,000; 2026 AED 257,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Grand Bleu Towers 2, and where M01 sits

All 129 2-beds →

M01 last sold in September 2023 at AED 3,800 per sqft, 8% above what two-beds in Grand Bleu Towers 2 were fetching at the time (AED 3,533). Over the last 12 months two-beds sold for AED 4,800,000 to 7,400,000, around AED 3,964 per sqft, and rent for AED 110,000 to 330,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20266,300,000
5 Feb 20265,100,000
23 Dec 20257,150,000
19 Dec 20254,900,000
7 2-bed sales in the last 12 months

Grand Bleu Towers 2

Building

216 apartments, 1-bed to 4-bed over 26 floors in Dubai Harbour, completed in 2023 by Emaar. 10 sold in the last 12 months.

Typical price per sqft
AED 3,815 Up 1.1%
Typical sale
AED 5M
Typical rent
AED 230K /yr
Typical yield
5.6%
Grand Bleu Towers 2, Dubai Harbour: prices, sales and rents →

Other units on the ground floor

All 216 units in Grand Bleu Towers 2
Value
M022-bedAED 4.4M · Dec 2021
M032-bedAED 4.36M · Nov 2021
M042-bedAED 2.91M · Jan 2022

M01, Grand Bleu Towers 2 in numbers

  • Sold 3 times: first on 12 October 2021 for AED 4,412,888, last on 14 September 2023 for AED 5,900,000 (AED 3,800 per sqft).
  • Two-beds in Grand Bleu Towers 2 sold for AED 4,800,000–7,400,000 in the 12 months to November 2026; the building's median across all types is AED 3,815 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 September 2023.

Questions about M01, Grand Bleu Towers 2

What did unit M01 last sell for?

AED 5,900,000 on 14 September 2023: AED 3,800 per sqft for 1,550 sqft. The unit has 3 registered sales; the first was AED 4,412,888 in October 2021.

How big is unit M01?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the ground floor of a 26-storey tower completed in 2023.

What is unit M01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Grand Bleu Towers 2 sold for AED 4,800,000 to 7,400,000 in the last 12 months, around AED 3,964 per sqft.

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Mortgage on M01, Grand Bleu Towers 2

Starts from the last sale price (AED 5.9M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,900,000
Deposit, UAE resident (20%)
AED 1,180,000
Deposit, non-resident (40%)
AED 2,360,000
Monthly over 25 years at 3.7%
AED 24,139

Plus AED 252,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →