3-bed · 2,115 sqftBluewaters Residences 2, Bluewaters Island · 7th floor · completed 2019

701, Bluewaters Residences 2

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 26 November 2019
Last soldAED 4.68M26 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Bluewaters Residences 2

What is 701 worth today?

Last sold for AED 4,679,000 in 2019

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26 Nov 2019Sold by developerReady
AED 4,679,000AED 2,212 per sqft

Source: Dubai Land Department. Updated 26 November 2019.

Key facts

Type
3-bed apartment
Size
2,115 sqft
Floor
7th of 7
Parking
B353, B354
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 61,300 /yr
Last sold
AED 4.68M · November 2019

About 701, Bluewaters Residences 2

701 is a three-bedroom apartment of 2,115 sqft on the 7th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 26 November 2019 for AED 4,679,000, or AED 2,212 per sqft, in line with the AED 2,273 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in Bluewaters Residences 2
5M10M2019202120232025Typical sale price by year: 2019 AED 4,630,500; 2020 AED 4,074,575; 2022 AED 7,700,000; 2024 AED 12,750,000; 2025 AED 12,250,000Sold by developer, November 2019: AED 4,679,000 (AED 2,212 per sqft)

701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 701, each contractTypical three-bed in Bluewaters Residences 2
200K400K600K20192021202320252027Typical rent by year: 2019 AED 248,750; 2020 AED 230,000; 2021 AED 300,000; 2022 AED 450,000; 2023 AED 625,000; 2024 AED 595,500; 2025 AED 600,000; 2026 AED 640,000

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

3-beds in Bluewaters Residences 2, and where 701 sits

All 25 3-beds →

701 last sold in November 2019 at AED 2,212 per sqft, in line with what three-beds in Bluewaters Residences 2 were fetching at the time (AED 2,273). Over the last 12 months three-beds sold for AED 11,250,000 to 12,600,000, around AED 5,957 per sqft, and rent for AED 550,000 to 700,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Aug 202612,000,000
10 Feb 202611,500,000
26 Dec 202512,600,000
18 Dec 202511,900,000
5 3-bed sales in the last 12 months

Bluewaters Residences 2

Building

81 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.

Typical price per sqft
AED 5,730 Up 14.6%
Typical sale
AED 10.13M
Typical rent
AED 400K /yr
Typical yield
4.9%
Bluewaters Residences 2, Bluewaters Island: prices, sales and rents →

Other units on the 7th floor

All 81 units in Bluewaters Residences 2
Value
7022-bedAED 3.63M · Aug 2023
7032-bedAED 3.4M · Sep 2019
7042-bedAED 7.6M · Dec 2024
7052-bedAED 3.17M · Sep 2019
7062-bedAED 8.1M · Feb 2024
7074-bedAED 14.4M · Dec 2022
7082-bedAED 11.2M · Nov 2024
1–7 of 11

701, Bluewaters Residences 2 in numbers

  • Sold once: by Blue Waters Residential on 26 November 2019 for AED 4,679,000, or AED 2,212 per sqft.
  • Three-beds in Bluewaters Residences 2 sold for AED 11,250,000–12,600,000 in the 12 months to November 2026; the building's median across all types is AED 5,730 per sqft.

Source: Dubai Land Department. Updated 26 November 2019.

Questions about 701, Bluewaters Residences 2

What did unit 701 last sell for?

AED 4,679,000 on 26 November 2019, sold by the developer: AED 2,212 per sqft for 2,115 sqft. It is the only registered sale of the unit.

How big is unit 701?

2,115 sqft (196.5 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2019.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 2 sold for AED 11,250,000 to 12,600,000 in the last 12 months, around AED 5,957 per sqft.

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Mortgage on 701, Bluewaters Residences 2

Starts from the last sale price (AED 4.68M, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,679,000
Deposit, UAE resident (20%)
AED 935,800
Deposit, non-resident (40%)
AED 1,871,600
Monthly over 25 years at 3.7%
AED 19,143

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