4-bed · 5,632 sqftBluewaters Residences 1, Bluewaters Island · Ground floor · completed 2019

TH 2, Bluewaters Residences 1

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH 2 · DLD and Ejari recordsUpdated 6 February 2020
Last soldAED 11.64M6 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH 2, Bluewaters Residences 1

What is TH 2 worth today?

Last sold for AED 11,642,000 in 2020

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6 Feb 2020Sold by developerReady
AED 11,642,000AED 2,067 per sqft

Source: Dubai Land Department. Updated 6 February 2020.

Key facts

Type
4-bed apartment
Size
5,632 sqft
Floor
Ground of 6
Parking
G164, G165, G169
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 163,300 /yr
Last sold
AED 11.64M · February 2020

About TH 2, Bluewaters Residences 1

TH 2 is a four-bedroom apartment of 5,632 sqft on the ground floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 6 February 2020 for AED 11,642,000, or AED 2,067 per sqft, 8% below the AED 2,251 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for TH 2 over time

Sales
Unit TH 2, 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, February 2020: AED 11,642,000 (AED 2,067 per sqft)

TH 2 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit TH 2, 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 760,000

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 2 sits

All 17 4-beds →

TH 2 last sold in February 2020 at AED 2,067 per sqft, 8% below what four-beds in Bluewaters Residences 1 were fetching at the time (AED 2,251).

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 14-bedAED 19M · Oct 2022
TH 34-bedAED 12.85M · Dec 2020
TH 44-bedAED 12.81M · Feb 2020
TH 54-bedAED 16.5M · May 2022

TH 2, Bluewaters Residences 1 in numbers

  • Sold once: by Blue Waters Residential on 6 February 2020 for AED 11,642,000, or AED 2,067 per sqft.

Source: Dubai Land Department. Updated 6 February 2020.

Questions about TH 2, Bluewaters Residences 1

What did unit TH 2 last sell for?

AED 11,642,000 on 6 February 2020, sold by the developer: AED 2,067 per sqft for 5,632 sqft. It is the only registered sale of the unit.

How big is unit TH 2?

5,632 sqft (523.2 sqm): a four-bedroom apartment on the ground floor of a 6-storey tower completed in 2019.

What is unit TH 2 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 2, Bluewaters Residences 1

Starts from the last sale price (AED 11.64M, 6 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 11,642,000
Deposit, UAE resident (20%)
AED 2,328,400
Deposit, non-resident (40%)
AED 4,656,800
Monthly over 25 years at 3.7%
AED 47,631

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