2-bed · 1,561 sqftGrand Bleu Towers 2, Dubai Harbour · completed 2023

P501, Grand Bleu Towers 2

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

Unit P501 · DLD and Ejari recordsUpdated 7 April 2023
Last soldAED 5.1M7 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P501, Grand Bleu Towers 2

What is P501 worth today?

Last sold for AED 5,100,000 in 2023

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7 Apr 2023SoldOff-plan
AED 5,100,000AED 3,266 per sqft
3 Aug 2021Sold by developerOff-plan
AED 4,442,888AED 2,845 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2023.

Key facts

Type
2-bed apartment
Size
1,561 sqft
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 5.1M · April 2023

About P501, Grand Bleu Towers 2

P501 is a two-bedroom apartment of 1,561 sqft of Grand Bleu Towers 2, a 26-storey tower in Dubai Harbour completed in 2023 by Emaar. It last sold on 7 April 2023 for AED 5,100,000, or AED 3,266 per sqft, 5% below the AED 3,440 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P501 over time

Sales
Unit P501, each saleTypical two-bed in Grand Bleu Towers 2
4M5M202120232025Typical 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, August 2021: AED 4,442,888 (AED 2,845 per sqft)Sold, April 2023: AED 5,100,000 (AED 3,266 per sqft)

P501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit P501, 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 P501 sits

All 129 2-beds →

P501 last sold in April 2023 at AED 3,266 per sqft, 5% below what two-beds in Grand Bleu Towers 2 were fetching at the time (AED 3,440). 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 →

P501, Grand Bleu Towers 2 in numbers

  • Sold twice: first on 3 August 2021 for AED 4,442,888, last on 7 April 2023 for AED 5,100,000 (AED 3,266 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 7 April 2023.

Questions about P501, Grand Bleu Towers 2

What did unit P501 last sell for?

AED 5,100,000 on 7 April 2023: AED 3,266 per sqft for 1,561 sqft. The unit has 2 registered sales; the first was AED 4,442,888 in August 2021.

How big is unit P501?

1,561 sqft (145.0 sqm): a two-bedroom apartment of a 26-storey tower completed in 2023.

What is unit P501 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 P501, Grand Bleu Towers 2

Starts from the last sale price (AED 5.1M, 7 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

Plus AED 219,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →