2-bed · 1,980 sqftBluewaters Residences 1, Bluewaters Island · 1st floor · completed 2019

103, Bluewaters Residences 1

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 14 October 2026
Last soldAED 4.7M20 September 2024
Current rentAED 398K /yr14 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Bluewaters Residences 1

What is 103 worth today?

Last sold for AED 4,700,000 in 2024

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14 Oct 2026RentedNew contract
AED 397,861/yr12 months · AED 201 per sqft
11 Oct 2024RentedNew contract
AED 150,000/yr12 months · AED 76 per sqft
20 Sep 2024SoldReady
AED 4,700,000AED 2,374 per sqft
15 Jul 2023RentedRenewal
AED 192,000/yr2 months · AED 97 per sqft
15 Jul 2022RentedNew contract
AED 180,000/yr12 months · AED 91 per sqft
15 Jul 2021RentedRenewal
AED 170,000/yr12 months · AED 86 per sqft
15 Jul 2020RentedNew contract
AED 165,000/yr12 months · AED 83 per sqft
15 Apr 2020Sold by developerReady
AED 3,852,000AED 1,945 per sqft

Source: Dubai Land Department. Updated 14 October 2026.

Key facts

Type
2-bed apartment
Size
1,980 sqft
Floor
1st of 6
Parking
B334
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 57,400 /yr
Last sold
AED 4.7M · September 2024

About 103, Bluewaters Residences 1

103 is a two-bedroom apartment of 1,980 sqft on the 1st floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 20 September 2024 for AED 4,700,000, or AED 2,374 per sqft, 47% below the AED 4,479 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 14 October 2026, is AED 397,861 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 57,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Bluewaters Residences 1
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,578,500; 2021 AED 3,057,500; 2022 AED 5,800,000; 2023 AED 7,900,000; 2024 AED 6,800,000Sold by developer, April 2020: AED 3,852,000 (AED 1,945 per sqft)Sold, September 2024: AED 4,700,000 (AED 2,374 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Bluewaters Residences 1
200K400K2020202220242026Typical rent by year: 2021 AED 215,000; 2022 AED 245,000; 2024 AED 400,000; 2025 AED 360,000; 2026 AED 479,167New contract, July 2020: AED 165,000 a yearRenewal, July 2021: AED 170,000 a yearNew contract, July 2022: AED 180,000 a yearRenewal, July 2023: AED 192,000 a yearNew contract, October 2024: AED 150,000 a yearNew contract, October 2026: AED 397,861 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 1, and where 103 sits

All 16 2-beds →

103 last sold in September 2024 at AED 2,374 per sqft, 47% below what two-beds in Bluewaters Residences 1 were fetching at the time (AED 4,479). Over the last 12 months two-beds sold for AED 7,100,000, around AED 4,736 per sqft, and rent for AED 397,861 to 530,000 a year. 103's AED 397,861 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20267,100,000
22 May 20256,050,000
15 Nov 20246,800,000
22 Jul 20243,600,000
1 2-bed sale in the last 12 months

Bluewaters Residences 1

Building

41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 1 sold in the last 12 months.

Typical price per sqft
AED 4,736
Typical sale
AED 7.1M
Typical rent
AED 500K /yr
Typical yield
6.0%
Bluewaters Residences 1, Bluewaters Island: prices, sales and rents →

Other units on the 1st floor

All 41 units in Bluewaters Residences 1
Value
1012-bedAED 3.94M · Jul 2019
1021-bedAED 2.55M · Apr 2022
1044-bedAED 5.81M · Oct 2019
1053-bedAED 4.91M · Nov 2019
1064-bedAED 16M · Oct 2022

103, Bluewaters Residences 1 in numbers

  • Sold twice: first on 15 April 2020 for AED 3,852,000, last on 20 September 2024 for AED 4,700,000 (AED 2,374 per sqft).
  • Rented since July 2020 on 6 Ejari contracts, from AED 165,000 to AED 397,861 a year.
  • At AED 397,861 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 57,400 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 1 sold for AED 7,100,000–7,100,000 in the 12 months to November 2026; the building's median across all types is AED 4,736 per sqft.

Source: Dubai Land Department. Updated 14 October 2026.

Questions about 103, Bluewaters Residences 1

What did unit 103 last sell for?

AED 4,700,000 on 20 September 2024: AED 2,374 per sqft for 1,980 sqft. The unit has 2 registered sales; the first was AED 3,852,000 in April 2020.

What is the rent for unit 103?

AED 397,861 a year on the contract signed on 14 October 2026. The previous contract, from October 2024, was AED 150,000; the unit has been rented since July 2020.

How big is unit 103?

1,980 sqft (183.9 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 103 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 1 sold for AED 7,100,000 to 7,100,000 in the last 12 months, around AED 4,736 per sqft.

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Mortgage on 103, Bluewaters Residences 1

Starts from the last sale price (AED 4.7M, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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