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4-bed · 2,474 sqftBluewaters Residences 1, Bluewaters Island · 2nd floor · completed 2019

206, Bluewaters Residences 1

Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 4 March 2025
Last soldAED 12M30 May 2022
Current rentAED 40K /yr4 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Bluewaters Residences 1

What is 206 worth today?

Last sold for AED 12,000,000 in 2022

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4 Mar 2025RentedRenewal · flagged as an outlier
AED 40,000/yr36 months · AED 16 per sqft
4 Mar 2024RentedNew contract · flagged as an outlier
AED 40,000/yr12 months · AED 16 per sqft
30 May 2022SoldReady
AED 12,000,000AED 4,851 per sqft
5 Jul 2021RentedNew contract
AED 485,000/yr12 months · AED 196 per sqft
4 Jul 2021SoldReady
AED 8,000,000AED 3,234 per sqft
30 Dec 2020SoldReady
AED 5,700,000AED 2,304 per sqft
25 Dec 2018Sold by developerOff-plan
AED 5,569,000AED 2,251 per sqft

Source: Dubai Land Department. Updated 4 March 2025.

Key facts

Type
4-bed apartment
Size
2,474 sqft
Floor
2nd of 6
Parking
B328, B329
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,700 /yr
Last sold
AED 12M · May 2022
Building
Bluewaters Residences 1

About 206, Bluewaters Residences 1

206 is a four-bedroom apartment of 2,474 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 30 May 2022 for AED 12,000,000, or AED 4,851 per sqft, 29% above the AED 3,753 four-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 March 2025, is AED 40,000 a year: a gross yield of 0.3% on the 2022 price, before the service charge of about AED 71,700 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical four-bed in Bluewaters Residences 1
10M20M2018202020222024Typical sale price by year: 2018 AED 5,565,000; 2019 AED 5,771,000; 2020 AED 11,642,000; 2021 AED 6,637,500; 2022 AED 16,000,000; 2023 AED 18,300,000Sold by developer, December 2018: AED 5,569,000 (AED 2,251 per sqft)Sold, December 2020: AED 5,700,000 (AED 2,304 per sqft)Sold, July 2021: AED 8,000,000 (AED 3,234 per sqft)Sold, May 2022: AED 12,000,000 (AED 4,851 per sqft)

206 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 206, each contractTypical four-bed in Bluewaters Residences 1
250K500K750K2020202220242026Typical rent by year: 2020 AED 315,000; 2021 AED 485,000; 2024 AED 800,000; 2025 AED 700,000; 2026 AED 760,000New contract, July 2021: AED 485,000 a year

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

4-beds in Bluewaters Residences 1, and where 206 sits

All 17 4-beds →

206 last sold in May 2022 at AED 4,851 per sqft, 29% above what four-beds in Bluewaters Residences 1 were fetching at the time (AED 3,753). 206's AED 40,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
17 Mar 202516,900,000
29 May 202319,400,000
17 Mar 202319,100,000
8 Feb 202316,600,000
0 4-bed sales 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 2nd floor

All 41 units in Bluewaters Residences 1
Value
2012-bedAED 7.1M · Jul 2026
2021-bedAED 2.3M · Nov 2018
2032-bedAED 6.8M · Nov 2024
2044-bedAED 5.75M · Apr 2019
2053-bedAED 13.7M · Nov 2025

206, Bluewaters Residences 1 in numbers

  • Sold 4 times: first on 25 December 2018 for AED 5,569,000, last on 30 May 2022 for AED 12,000,000 (AED 4,851 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 485,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 0.3%, before a service charge of about AED 71,700 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 4 March 2025.

Questions about 206, Bluewaters Residences 1

What did unit 206 last sell for?

AED 12,000,000 on 30 May 2022: AED 4,851 per sqft for 2,474 sqft. The unit has 4 registered sales; the first was AED 5,569,000 in December 2018.

What is the rent for unit 206?

AED 40,000 a year on the contract renewed on 4 March 2025. The previous contract, from March 2024, was AED 40,000; the unit has been rented since July 2021.

How big is unit 206?

2,474 sqft (229.8 sqm): a four-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 206, Bluewaters Residences 1

Starts from the last sale price (AED 12M, 30 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 12,000,000
Deposit, UAE resident (20%)
AED 2,400,000
Deposit, non-resident (40%)
AED 4,800,000
Monthly over 25 years at 3.7%
AED 49,096

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