1-bed · 799 sqftBluewaters Bay - Building 1, Bluewaters Island · 5th floor · completed 2027

508, Bluewaters Bay - Building 1

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 22 March 2023
Last soldAED 3.01M22 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Bluewaters Bay - Building 1

What is 508 worth today?

Last sold for AED 3,007,000 in 2023

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22 Mar 2023Sold by developerOff-plan
AED 3,007,000AED 3,765 per sqft

Source: Dubai Land Department. Updated 22 March 2023.

Key facts

Type
1-bed apartment
Size
799 sqft
Floor
5th of 50
Parking
1
Developer
DHRE 2 Bts
Completed
2027
Last sold
AED 3.01M · March 2023

About 508, Bluewaters Bay - Building 1

508 is a one-bedroom apartment of 799 sqft on the 5th floor of Bluewaters Bay - Building 1, a 50-storey tower in Bluewaters Island completed in 2027 by DHRE 2 Bts . The developer sold it on 22 March 2023 for AED 3,007,000, or AED 3,765 per sqft, 4% below the AED 3,929 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Bluewaters Bay - Building 1
3M3.2M3.4M20232024202520262027Typical sale price by year: 2023 AED 3,232,000; 2024 AED 3,358,500; 2025 AED 3,293,075; 2026 AED 3,278,000Sold by developer, March 2023: AED 3,007,000 (AED 3,765 per sqft)

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

1-beds in Bluewaters Bay - Building 1, and where 508 sits

All 143 1-beds →

508 last sold in March 2023 at AED 3,765 per sqft, 4% below what one-beds in Bluewaters Bay - Building 1 were fetching at the time (AED 3,929). Over the last 12 months one-beds sold for AED 3,200,000 to 3,673,000, around AED 3,981 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20263,241,000
3 Jun 20263,315,000
17 Feb 20263,200,000
5 Jan 20263,462,000
6 1-bed sales in the last 12 months

Bluewaters Bay - Building 1

Building

352 apartments, 1-bed to 5-bed over 50 floors in Bluewaters Island, completed in 2027 by DHRE 2 Bts . 14 sold in the last 12 months.

Typical price per sqft
AED 4,024 Up 0.4%
Typical sale
AED 5.37M
Typical rent
Few contracts
Typical yield
Bluewaters Bay - Building 1, Bluewaters Island: prices, sales and rents →
Value
5011-bedAED 3.04M · Jul 2023
5022-bedAED 4.66M · Jul 2023
5032-bedAED 5.85M · Mar 2023
5042-bedAED 5M · Sep 2023
5053-bedAED 7.34M · Apr 2023
5063-bedAED 7.24M · Apr 2023
5071-bedAED 3.44M · Mar 2023

508, Bluewaters Bay - Building 1 in numbers

  • Sold once: by DHRE 2 Bts on 22 March 2023 for AED 3,007,000, or AED 3,765 per sqft.
  • One-beds in Bluewaters Bay - Building 1 sold for AED 3,200,000–3,673,000 in the 12 months to November 2026; the building's median across all types is AED 4,024 per sqft.

Source: Dubai Land Department. Updated 22 March 2023.

Questions about 508, Bluewaters Bay - Building 1

What did unit 508 last sell for?

AED 3,007,000 on 22 March 2023, sold by the developer: AED 3,765 per sqft for 799 sqft. It is the only registered sale of the unit.

How big is unit 508?

799 sqft (74.2 sqm): a one-bedroom apartment on the 5th floor of a 50-storey tower completed in 2027.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bluewaters Bay - Building 1 sold for AED 3,200,000 to 3,673,000 in the last 12 months, around AED 3,981 per sqft.

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Mortgage on 508, Bluewaters Bay - Building 1

Starts from the last sale price (AED 3.01M, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,007,000
Deposit, UAE resident (20%)
AED 601,400
Deposit, non-resident (40%)
AED 1,202,800
Monthly over 25 years at 3.7%
AED 12,303

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