203, Bluewaters Residences 1
Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Bluewaters Residences 1
What is 203 worth today?
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Source: Dubai Land Department. Updated 21 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,711 sqft
- Floor
- 2nd of 6
- Parking
- G159
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 49,600 /yr
- Last sold
- AED 6.8M · November 2024
- Building
- Bluewaters Residences 1
About 203, Bluewaters Residences 1
203 is a two-bedroom apartment of 1,711 sqft on the 2nd floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 15 November 2024 for AED 6,800,000, or AED 3,973 per sqft, in line with the AED 3,973 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 21 May 2025, is AED 110,000 a year: a gross yield of 1.6% on the 2024 price, before the service charge of about AED 49,600 a year.
Sales and rents for 203 over time
203 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 203 sits
All 16 2-beds →203 last sold in November 2024 at AED 3,973 per sqft, in line with what two-beds in Bluewaters Residences 1 were fetching at the time (AED 3,973). 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. 203's AED 110,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 1,499 sqft | 7,100,000 | 4,736 | ||
| 22 May 202522 May 2025 | 1,478 sqft | 6,050,000 | 4,093 | ||
| 20 Sep 202420 September 2024 | 1,980 sqft | 4,700,000 | 2,374 | ||
| 20 Jun 202420 June 2024 | 1,711 sqft | 8,900,000 | 5,200 |
Bluewaters Residences 1
Building41 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%
Other units on the 2nd floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,499 sqft | AED 7.1MAED 7,100,000 · Jul 2026July 2026 | 1,000,000 /yr | |
| 202 | 1-bed | 1,112 sqft | AED 2.3MAED 2,297,000 · Nov 2018November 2018 | 228,000 /yr | |
| 204 | 4-bed | 2,562 sqft | AED 5.75MAED 5,753,000 · Apr 2019April 2019 | ||
| 205 | 3-bed | 2,183 sqft | AED 13.7MAED 13,700,000 · Nov 2025November 2025 | ||
| 206 | 4-bed | 2,474 sqft | AED 12MAED 12,000,000 · May 2022May 2022 | 40,000 /yr |
203, Bluewaters Residences 1 in numbers
- Sold 3 times: first on 10 December 2019 for AED 3,561,000, last on 15 November 2024 for AED 6,800,000 (AED 3,973 per sqft).
- Rented since December 2021 on 3 Ejari contracts, from AED 260,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2024 price is 1.6%, before a service charge of about AED 49,600 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 21 May 2025.
Questions about 203, Bluewaters Residences 1
What did unit 203 last sell for?
AED 6,800,000 on 15 November 2024: AED 3,973 per sqft for 1,711 sqft. The unit has 3 registered sales; the first was AED 3,561,000 in December 2019.
What is the rent for unit 203?
AED 110,000 a year on the contract signed on 21 May 2025. The previous contract, from May 2024, was AED 400,000; the unit has been rented since December 2021.
How big is unit 203?
1,711 sqft (159.0 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.
What is unit 203 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 203, Bluewaters Residences 1
Starts from the last sale price (AED 6.8M, 15 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,800,000
- Deposit, UAE resident (20%)
- AED 1,360,000
- Deposit, non-resident (40%)
- AED 2,720,000
- Monthly over 25 years at 3.7%
- AED 27,821
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →