2-bed · 1,767 sqftBluewaters Residences 1, Bluewaters Island · 3rd floor · completed 2019

301, Bluewaters Residences 1

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

Unit 301 · DLD and Ejari recordsUpdated 22 February 2023
Last soldAED 8.5M22 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Bluewaters Residences 1

What is 301 worth today?

Last sold for AED 8,500,000 in 2023

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22 Feb 2023SoldReady
AED 8,500,000AED 4,809 per sqft
8 Oct 2018Sold by developerOff-plan
AED 3,980,000AED 2,251 per sqft

Source: Dubai Land Department. Updated 22 February 2023.

Key facts

Type
2-bed apartment
Size
1,767 sqft
Floor
3rd of 6
Parking
B407
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 51,200 /yr
Last sold
AED 8.5M · February 2023

About 301, Bluewaters Residences 1

301 is a two-bedroom apartment of 1,767 sqft on the 3rd floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 22 February 2023 for AED 8,500,000, or AED 4,809 per sqft, 20% above the AED 3,996 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Bluewaters Residences 1
2.5M5M7.5M2018202020222024Typical 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, October 2018: AED 3,980,000 (AED 2,251 per sqft)Sold, February 2023: AED 8,500,000 (AED 4,809 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Bluewaters Residences 1
200K400K2021202320252027Typical rent by year: 2021 AED 215,000; 2022 AED 245,000; 2024 AED 400,000; 2025 AED 360,000; 2026 AED 479,167

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 301 sits

All 16 2-beds →

301 last sold in February 2023 at AED 4,809 per sqft, 20% above what two-beds in Bluewaters Residences 1 were fetching at the time (AED 3,996). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20267,100,000
22 May 20256,050,000
15 Nov 20246,800,000
20 Sep 20244,700,000
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 3rd floor

All 41 units in Bluewaters Residences 1
Value
3022-bedAED 6.1M · Sep 2022
3032-bedAED 3.57M · May 2019
3044-bedAED 6.3M · Mar 2021
3053-bedAED 3.8M · Sep 2020
3064-bedAED 5.75M · Nov 2020

301, Bluewaters Residences 1 in numbers

  • Sold twice: first on 8 October 2018 for AED 3,980,000, last on 22 February 2023 for AED 8,500,000 (AED 4,809 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 22 February 2023.

Questions about 301, Bluewaters Residences 1

What did unit 301 last sell for?

AED 8,500,000 on 22 February 2023: AED 4,809 per sqft for 1,767 sqft. The unit has 2 registered sales; the first was AED 3,980,000 in October 2018.

How big is unit 301?

1,767 sqft (164.2 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 301 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 301, Bluewaters Residences 1

Starts from the last sale price (AED 8.5M, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

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