4-bed · 5,440 sqftBluewaters Residences 1, Bluewaters Island · Ground floor · completed 2019

TH 1, Bluewaters Residences 1

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH 1 · DLD and Ejari recordsUpdated 18 August 2026
Last soldAED 19M14 October 2022
Current rentAED 320K /yr18 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH 1, Bluewaters Residences 1

What is TH 1 worth today?

Last sold for AED 19,000,000 in 2022

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18 Aug 2026RentedNew contract
AED 320,000/yr6 months · AED 59 per sqft
14 Oct 2022SoldReady
AED 19,000,000AED 3,492 per sqft
1 May 2022RentedNew contract
AED 1,000,000/yr12 months · AED 184 per sqft
1 May 2021RentedNew contract
AED 800,000/yr12 months · AED 147 per sqft
17 Feb 2020RentedNew contract
AED 550,000/yr12 months · AED 101 per sqft
15 Jan 2020Sold by developerReady
AED 10,880,000AED 1,999 per sqft

Source: Dubai Land Department. Updated 18 August 2026.

Key facts

Type
4-bed apartment
Size
5,440 sqft
Floor
Ground of 6
Parking
G166, G167, G168
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 157,700 /yr
Last sold
AED 19M · October 2022

About TH 1, Bluewaters Residences 1

TH 1 is a four-bedroom apartment of 5,440 sqft on the ground floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 14 October 2022 for AED 19,000,000, or AED 3,492 per sqft, 10% below the AED 3,882 four-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 18 August 2026, is AED 320,000 a year: a gross yield of 1.7% on the 2022 price, before the service charge of about AED 157,700 a year.

Sales and rents for TH 1 over time

Sales
Unit TH 1, 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, January 2020: AED 10,880,000 (AED 1,999 per sqft)Sold, October 2022: AED 19,000,000 (AED 3,492 per sqft)

TH 1 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit TH 1, each contractTypical four-bed in Bluewaters Residences 1
500K1M2020202220242026Typical rent by year: 2020 AED 315,000; 2021 AED 485,000; 2024 AED 800,000; 2025 AED 700,000; 2026 AED 760,000New contract, February 2020: AED 550,000 a yearNew contract, May 2021: AED 800,000 a yearNew contract, May 2022: AED 1,000,000 a yearNew contract, August 2026: AED 320,000 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 TH 1 sits

All 17 4-beds →

TH 1 last sold in October 2022 at AED 3,492 per sqft, 10% below what four-beds in Bluewaters Residences 1 were fetching at the time (AED 3,882). TH 1's AED 320,000 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 ground floor

All 41 units in Bluewaters Residences 1
Value
TH 24-bedAED 11.64M · Feb 2020
TH 34-bedAED 12.85M · Dec 2020
TH 44-bedAED 12.81M · Feb 2020
TH 54-bedAED 16.5M · May 2022

TH 1, Bluewaters Residences 1 in numbers

  • Sold twice: first on 15 January 2020 for AED 10,880,000, last on 14 October 2022 for AED 19,000,000 (AED 3,492 per sqft).
  • Rented since February 2020 on 4 Ejari contracts, from AED 550,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2022 price is 1.7%, before a service charge of about AED 157,700 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 18 August 2026.

Questions about TH 1, Bluewaters Residences 1

What did unit TH 1 last sell for?

AED 19,000,000 on 14 October 2022: AED 3,492 per sqft for 5,440 sqft. The unit has 2 registered sales; the first was AED 10,880,000 in January 2020.

What is the rent for unit TH 1?

AED 320,000 a year on the contract signed on 18 August 2026. The previous contract, from May 2022, was AED 1,000,000; the unit has been rented since February 2020.

How big is unit TH 1?

5,440 sqft (505.4 sqm): a four-bedroom apartment on the ground floor of a 6-storey tower completed in 2019.

What is unit TH 1 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 TH 1, Bluewaters Residences 1

Starts from the last sale price (AED 19M, 14 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 19,000,000
Deposit, UAE resident (20%)
AED 3,800,000
Deposit, non-resident (40%)
AED 7,600,000
Monthly over 25 years at 3.7%
AED 77,735

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